Existing Business Interests Sample Clauses

The 'Existing Business Interests' clause defines and protects the business activities, assets, or relationships that a party already possesses prior to entering into a new agreement. This clause typically clarifies that any pre-existing ventures, intellectual property, or contractual obligations are not affected or restricted by the new contract. For example, if a party owns a separate company or holds ongoing client relationships, these are acknowledged as outside the scope of the current agreement. The core function of this clause is to prevent conflicts and ensure that parties retain their established business interests without interference from new contractual obligations.
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Existing Business Interests. The Parties acknowledge that the Company is engaged in the various business as disclosed to the Executive (together with such other activities as may be engaged in from time to time, the “Existing Business”). As part of this Existing Business, Company has developed and continues to develop Confidential Information regarding the operation of such business. In addition, Company has developed and continues to develop substantial relationships with existing and prospective clients, accounts, suppliers and others, as well as goodwill associated with these relationships and business. These relationships are a substantial business asset owned by, and proprietary to, Company and are integral to Company’s Existing Business and continued operation.
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Existing Business Interests. The Parties acknowledge that the Company and its Affiliates are engaged in the various business as disclosed to the Executive (together with such other activities as may be engaged in from time to time, as evidenced by the books and records of the Company and its Affiliates, the “Existing Business”). As part of this Existing Business, the Company and its Affiliates have developed and continue to develop Confidential Information regarding the operation of such business. In addition, the Company and its Affiliates have developed and continue to develop substantial relationships with existing and prospective clients, accounts, suppliers and others, as well as goodwill associated with these relationships and business. These relationships are a substantial business asset owned by, and proprietary to, the Company and its Affiliates and are integral to the Company’s Existing Business and continued operation.
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Related to Existing Business Interests

  • Doing Business All parties which have had any interest in the Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) (1) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located, and (2) either (i) organized under the laws of such state, or (ii) qualified to do business in such state, or (iii) a federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (3) not doing business in such state;

  • Damage to Personal Property The Employer will provide reimbursement for reasonable repair or replacement of damages incurred to the employee's eyeglasses, contact lenses or other prosthesis, ripped uniforms, or personal clothing, as a result of being assaulted while performing his/her work. The employee must report the incident by the end of their shift. The employee will present her or his receipt to the Employer within seven (7) days after the event, unless it was impossible for her or him to do so during this period. The Employer will reimburse up to a maximum of one hundred dollars ($100) per incident except for eyeglasses, which shall have a maximum reimbursement of three hundred dollars ($300).