Seller Competitor definition
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.