Necessary and Reasonable Sample Clauses

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Necessary and Reasonable. The Seller agrees that the covenants provided for in Section 6.6 hereof are necessary and reasonable in order to protect the Buyer in the conduct of its business, to protect the trade secrets and other proprietary information of the Buyer and to protect the Buyer in the utilization of the assets, tangible and intangible, including the goodwill of the Buyer.
Necessary and Reasonable. Stockholder agrees that the covenants provided for in Section 4.4 hereof are necessary and reasonable in order to protect the Company in the conduct of its business, to protect the trade secrets and other proprietary information of the Company and to protect the Company in the utilization of the assets, tangible and intangible, including the goodwill of the Company.
Necessary and Reasonable. Each Member agrees that the covenants provided for in Section 5.2 hereof are necessary and reasonable in order to protect the Surviving Corporation in the conduct of its business, to protect the trade secrets and other proprietary information of the Surviving Corporation and to protect the Surviving Corporation in the utilization of the assets, tangible and intangible, including the goodwill of the Surviving Corporation.
Necessary and Reasonable. Allocable;
Necessary and Reasonable. G▇▇▇▇ ▇▇▇▇▇▇ and L▇▇▇▇▇▇ ▇▇▇▇▇▇ agree that the covenants provided for in Section 5.2 hereof are necessary and reasonable in order to protect the Company in the conduct of its business, to protect the trade secrets and other proprietary information of the Company and to protect the Company in the utilization of the assets, tangible and intangible, including the goodwill of the Company.
Necessary and Reasonable. The employee agrees that the covenants provided for in Sections 8.1 and 8.2, including the term and geographic area encompassed therein, are necessary and reasonable in order to protect the Company in the conduct of its business and to protect the Company in the utilization of the assets, tangible and intangible, including the goodwill of the Company.
Necessary and Reasonable. ▇▇▇▇▇▇ expressly acknowledges and agrees that the period and scope of the covenants in this Agreement, including his covenants in Section 2 above, are reasonable under the circumstances, including in view of the consideration ▇▇▇▇▇▇ has received or will receive under Purchase Agreement. ▇▇▇▇▇▇ also acknowledges and agrees that the provisions of Section 2 above will not interfere with his ability to earn a living or to otherwise meet his financial obligations. ▇▇▇▇▇▇ further acknowledges that he will receive material consideration to which he would otherwise not be entitled in the absence of agreeing to be bound by this Agreement, including Section 2 above, and that in completing the Asset Sale, the Company is relying upon ▇▇▇▇▇▇ satisfying his obligations under this Agreement.
Necessary and Reasonable. Company Parent agrees that the covenants provided for in Section 4.4 hereof are necessary and reasonable in order to protect the Company in the conduct of its business, to protect the trade secrets and other proprietary information of the Company and to protect the Company in the utilization of the assets, tangible and intangible, including the goodwill of the Company.

Related to Necessary and Reasonable

  • Necessary Acts Each party to this Agreement shall perform any further acts and execute and deliver any additional agreements, assignments or documents that may be reasonably necessary to carry out the provisions or to effectuate the purpose of this Agreement.

  • Fair and Reasonable The Contractor has carefully examined and analyzed the Site, the Contract Documents, and all known factors related to his ability to complete this project within the Contract Time stipulated. By submitting his bid for this project, the Contractor agrees that the stipulated Contract Time is fair and reasonable.

  • Necessary Actions Each party agrees to perform any further acts and execute and deliver any and all further documents and/or instruments which may be reasonably necessary to carry out the provisions of this Agreement and the transactions contemplated hereby.

  • Necessary Acts, Further Assurances The Parties shall at their own cost and expense execute and deliver any further documents and shall take such other actions as may be reasonably required or appropriate to carry out the intent and purposes of this Agreement.

  • Necessary Action Whenever any Partner exercises any option or right to purchase a Partnership Interest pursuant to this Agreement, the selling Partner shall do all things and execute and deliver all deeds, conveyance and other instruments to consummate such purchase and effect a valid transfer of the Partnership Interest.