Common use of No Restriction on Competition Clause in Contracts

No Restriction on Competition. This Section 4.08 is not intended to limit or reduce, prior to the Closing, Lyondell or its Affiliates' ability to operate the Businesses as an independent and viable competitor of Bayer, including with respect to decisions regarding research and development, raw materials, manufacturing, pricing, marketing and distribution of products.

Appears in 1 contract

Sources: Master Transaction Agreement (Lyondell Chemical Co)

No Restriction on Competition. This Section 4.08 is not ----------------------------- intended to limit or reduce, prior to the Closing, Lyondell or its Affiliates' ability to operate the Businesses as an independent and viable competitor of Bayer, including with respect to decisions regarding research and development, raw materials, manufacturing, pricing, marketing and distribution of products.

Appears in 1 contract

Sources: Master Transaction Agreement (Lyondell Chemical Co)