Common use of Competing Interests Clause in Contracts

Competing Interests. Neither the Selling Person, nor any director, manager, officer or management-level employee of Sellers, nor any Affiliate of the Selling Person (each, a “Related Party”): (a) owns, directly or indirectly, an interest in any Person that is a competitor, customer or supplier of Sellers (in respect of the Business) or that otherwise has material business dealings with Sellers (in respect of the Business); or (b) is a party to, or otherwise has any direct or indirect interest opposed to Sellers under, any Business Contract or other business relationship or arrangement.

Appears in 1 contract

Sources: Asset Purchase Agreement (Bgsf, Inc.)

Competing Interests. Neither Except as set forth in Schedule 2.19, neither the Selling Person, nor any director, manager, officer or management-level employee of SellersSeller, nor any Affiliate of the Selling Person (each, a “Related Party”): (a) owns, directly or indirectly, an interest in any Person that is a competitor, customer or supplier of Sellers Seller (in respect of the Business) or that otherwise has material business dealings with Sellers Seller (in respect of the Business); or (b) is a party to, or otherwise has any direct or indirect interest opposed to Sellers Seller under, any Business Contract or other business relationship or arrangementrelationship.

Appears in 1 contract

Sources: Asset Purchase Agreement (BG Staffing, Inc.)

Competing Interests. Neither Seller, any director or officer of Seller, any Affiliate of Seller or to the Selling PersonKnowledge of Seller, nor any director, manager, officer manager or management-management level employee of Sellers, nor any Affiliate of the Selling Person Seller (each, a “Related Party”): (a) owns, directly or indirectly, an interest in any Person that is a competitor, customer or supplier of Sellers Seller (in respect of the Business) or that otherwise has material business dealings with Sellers Seller (in respect of the Business); or (b) is a party to, or otherwise has any direct or indirect interest opposed to Sellers Seller under, any Business Contract or other business relationship or arrangement.

Appears in 1 contract

Sources: Asset Purchase Agreement (Intervoice Inc)

Competing Interests. Neither the Selling PersonPersons, nor any director, manager, officer or management-level employee of SellersSeller, nor any Affiliate of the Selling Person Persons (each, a “Related Party”): (a) owns, directly or indirectly, an interest in any Person that is a competitor, customer or supplier of Sellers Seller (in respect of the Business) or that otherwise has material business dealings with Sellers Seller (in respect of the Business); or (b) is a party to, or otherwise has any direct or indirect interest opposed to Sellers Seller under, any Business Contract or other business relationship or arrangement.

Appears in 1 contract

Sources: Asset Purchase Agreement (Bgsf, Inc.)

Competing Interests. Neither the Selling PersonPersons, nor any director, manager, officer or management-level employee of Sellers, nor any Affiliate of the Selling Person Persons (each, a “Related Party”): (a) owns, directly or indirectly, an interest in any Person that is a competitor, customer or supplier of Sellers (in respect of the Business) or that otherwise has material business dealings with Sellers (in respect of the Business); or (b) is a party to, or otherwise has any direct or indirect interest opposed to Sellers under, any Business Contract or other business relationship or arrangement.

Appears in 1 contract

Sources: Asset Purchase Agreement (BG Staffing, Inc.)

Competing Interests. Neither the Selling PersonPersons, nor any director, manager, officer or management-level employee of Sellers, nor any Affiliate of the Selling Person Persons (each, a “Related Party”): (a) owns, directly or indirectly, an interest in any Person that is a competitor, customer or supplier of Sellers (in respect of the Business) or that otherwise has material business dealings with 23 Sellers (in respect of the Business); or (b) is a party to, or otherwise has any direct or indirect interest opposed to Sellers under, any Business Contract or other business relationship or arrangement.

Appears in 1 contract

Sources: Asset Purchase Agreement