Seller Competitor definition

Seller Competitor means, solely for purposes of this Agreement and for no other purpose, ▇▇▇▇▇▇.▇▇▇, Inc., Best Buy Co., Inc., hhgregg, Inc., The Home Depot, Inc., ▇▇▇▇’▇ Companies, Inc., Target Corporation, Tractor Supply Co., Wal-Mart Stores, Inc., each other retailer that competes in any material respect with Seller’s major home appliance business or Seller’s power lawn and garden business, and the Seller Competitor Affiliates of each of them. “Seller Competitor Affiliates” means each individual or entity that directly or indirectly, and by whatever means, controls, is under common control with, or is controlled by, a Seller Competitor.
Seller Competitor means any Person principally engaged in the business which is similar to the Seller Business, and shall include the respective owners of the brand names “Uber”, “Hailo”, “Meru Cabs”, “Didi”, “Lyft”, “Grab”, “Gett”, “Tabcabs”, “Utoo”, “Careem”, or such other competitors as may be agreed upon in writing by the Purchaser and the Seller from time to time.
Seller Competitor means a Person engaged, or an Affiliate of a Person engaged, directly or indirectly (including through any partnership, limited liability company, corporation, joint venture or similar arrangement (whether now existing or formed hereafter)), in the business of manufacturing, distribution, research or development of cars, trucks or other vehicles, parts therefor, or related intellectual property or technology, but shall not include any financial investment firm or collective investment vehicle that, together with its Affiliates, holds, directly or indirectly, less than ten percent (10%) of the outstanding equity of any Person engaged in such activities and does not, nor do any of its Affiliates, have a right to designate any members of, or observers to, the board of directors, analogous governing body, executive committee, advisory committee (including any product advisory committee) or steering committee of any Person engaged in such activities.

Examples of Seller Competitor in a sentence

  • Seller may at any time assign, delegate or subcontract its rights, or obligations or both, in whole or in part, under this Agreement except to a Seller Competitor, without the consent of Buyer.

  • Notwithstanding the foregoing, the Trademark License Agreement shall be terminable by Seller at any time by giving two years’ prior notice to Purchaser in the event of a Seller Competitor Acquisition.

  • At any time during the term hereof, if Buyer wishes to assign or transfer this Agreement to a Seller Competitor or in any other transaction which requires Seller's consent hereunder, the parties shall use commercially reasonable efforts to co-operate and identify, as much as reasonably practical, the parts of the Software and Related IP listed on Schedule 1.1(d) of the APA that are covered by the Seller Licensed Patents.

  • In the event that Purchaser desires to assign this Agreement to a Seller Competitor, Purchaser shall give Seller written notice of such proposed assignment and Seller shall have five (5) business days after such notice to notify Purchaser that it either consents or withholds its consent to such assignment.

  • SHO may own, establish, acquire, and operate businesses (each a “New SHO Business”) that do not: (i) use the “Sears” name, and (ii) that is not a Seller Competitor.