Common use of Reasonableness of restraint Clause in Contracts

Reasonableness of restraint. The Vendor agrees that the restraint obligations imposed by clause 11.1 is reasonable in its extent (as to all of duration, geographical area and restrained conduct) having regard to the interests of each party to this Agreement.

Appears in 1 contract

Sources: Agreement for Sale of Business (Geographics Inc)

Reasonableness of restraint. The Vendor agrees that each of the restraint obligations imposed by clause 11.1 13.2 is reasonable in its extent (as to all of duration, geographical area duration and restrained conduct) having regard to the interests of each party Principal Party and extends no further (in any respect) than is reasonably necessary and is solely to this Agreementprotect the Purchaser.

Appears in 1 contract

Sources: Share Sale Agreement (Penford Corp)