Restricted Entities Clause Samples
The "Restricted Entities" clause defines specific individuals, organizations, or groups that are subject to particular limitations or prohibitions under the agreement. Typically, this clause lists entities with whom the parties are not permitted to engage in certain activities, such as doing business, sharing confidential information, or entering into competitive arrangements. For example, it may prohibit dealings with competitors, sanctioned parties, or affiliates of the other party. The core function of this clause is to prevent conflicts of interest, protect sensitive information, and ensure compliance with legal or contractual obligations by clearly identifying which entities are off-limits for certain actions.
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Restricted Entities. “Restricted Entities” means: the Company; Wynn Las Vegas Capital Corp., a Nevada corporation; Palo, LLC, a Delaware limited liability company; Wynn Resorts Holdings, LLC, a Nevada limited liability company; Desert Inn Water Company, LLC, a Nevada limited liability company; Desert Inn Improvement Co., a Nevada corporation; ▇▇▇▇ Design & Development, LLC, a Nevada limited liability company; World Travel, LLC, a Nevada limited liability company; Las Vegas Jet, LLC, a Nevada limited liability company; and ▇▇▇▇ Las Vegas, LLC, a Nevada limited liability company.
Restricted Entities. Notwithstanding anything to the contrary contained herein, including any provision of this Article VI, the Borrower shall not, nor shall it permit any of its Subsidiaries or any Holdco Entity to, (a) create, assume, incur or suffer to exist any Lien on or in respect of any of its Property for the benefit of any Excluded Subsidiary, (b) except for Investments permitted by Section 6.06, sell, assign, pledge, or otherwise transfer any of its Properties to any Excluded Subsidiary, (c) except for such Investments permitted by Section 6.06, make or permit to exist Investments in any Excluded Subsidiary or in any of their respective Properties, or (d) amend, modify or supplement the voting or other consent provisions contained in the partnership agreement or other organizational documents of any Excluded Subsidiary; provided that such amendments, modifications, or supplements may be made without the consent of the Majority Lenders if such amendments, modifications or supplements are, as of the date they are entered into and considered individually and in the aggregate, not expected to materially decrease the economic benefit that the Borrower would have otherwise received pursuant to such agreements. Furthermore, the Borrower shall not, and shall not permit any of its Subsidiaries or any Holdco Entity to, consent to any Excluded Subsidiary (i) creating, incurring or suffering to exist any Debt, except trade payables in the ordinary course of business; (ii) creating, incurring or suffering to exist any Lien in, of or on the Property of any Excluded Subsidiary, except for the Liens of the type described in Sections 6.01(b), (c), (d), (e) or (f); (iii) merging or consolidating with or into any other Person; (iv) leasing, selling or otherwise disposing of its Property to any other Person other than (A) sales of such Property that are obsolete, redundant or otherwise not necessary in the business of the Excluded Subsidiaries, (B) sales of inventory in the ordinary course of business, or (C) operating leases entered into in the ordinary course of an Excluded Subsidiary’s business; (v) entering into any transaction (including, without limitation, the purchase or sale of any Property or service) with, or make any payment or transfer to, any Affiliate except (1) distributions by an Excluded Subsidiary to the holders of its Equity Interests in accordance with the terms of its applicable organizational documents, and (2) in the ordinary course of business and pursuant to th...
Restricted Entities. The Exelon Group includes the Restricted Entities, which are subject to state regulation as public utilities and whose agreements and transactions with related or affiliated parties (including certain Asset transfers, Liability assumptions, and claims releases) are subject to prior regulatory approval. In order to ensure compliance with regulatory requirements and to achieve an expeditious completion of the Distribution and to manage the costs, timing and potential commitments required to achieve the Distribution, which the Parties acknowledge benefits both Parties, Exelon has structured the Transactions to exclude commitments, transfers, assumptions and releases by or on behalf of the Restricted Entities that would require approval by public utility regulatory authorities. To the extent that this Agreement or any Ancillary Agreement imposes an obligation on Exelon in respect of the Restricted Entities by virtue of the inclusion of the Restricted Entities within the Exelon Group, such obligation shall be deemed not to exist to the extent that the entry into, or performance of, such obligation requires prior regulatory approval.
Restricted Entities. 4.4.1. Reseller shall not resell any rights to the Fresh Relevance Solution to:
a) any Person that Fresh Relevance has provided a price quote to within the past six (6) months of Reseller first offering the Fresh Relevance Solution;
b) currents clients of Fresh Relevance who have signed agreements directly with Fresh Relevance. Fresh determined by Fresh Relevance in its sole discretion; or d) competitors of Fresh Relevance.
4.4.2. Reseller shall ask Fresh Relevance where necessary to determine whether a potential Prospect Customer is a Restricted Entity. If Fresh Relevance determines that the Reseller has made the Fresh Relevance Solution available to a Restricted Entity, Fresh Relevance may cancel such Customer’s account and associated End User accounts at any time.
Restricted Entities. 67 Section 6.15.
Restricted Entities. “Restricted Entities” include DiscoverOrg; Experian PLC; Equifax Inc.; Epsilon Data Management LLC; Insideview; KBM Group; ▇▇▇▇▇▇ Group Inc.; MeritDirect: Acxiom; DatabaseUSA; Dun and Bradstreet, Inc.; Allant Group, LLC; HERE Technologies; Factual, Localeze, Locationary, Inc. Neustar Inc., Safegraph; TomTom N.V., TransUnion; Thomson-West, Knowledgebase, Database LLC, Accudata Integrated Marketing, Inc.; Compass, Zoominfo, Anteriad LLC or any subsidiaries or affiliates of these Restricted Entities. Data Axle may revise the list of Restricted Entities upon written notice to Client.
Restricted Entities. Vendor may not deliver or obtain any Material or Deliverables from or use any Restricted Entities to provide any Services under this Agreement, without prior written consent from AT&T. Vendor may not use, in connection with any Deliverable, Material or Service provided hereunder, any element, equipment, location, instrumentality or the like where a Restricted Entity has a security interest in that element, equipment, location, instrumentality or the like. Vendor may not obtain financing from any Restricted Entity or use any Cell Sites or Material owned, leased from, operated or financed by any Restricted Entity.
Restricted Entities. “Restricted Entities” means [***].
Restricted Entities. During the Consulting Period, you shall not, directly or indirectly, without the prior written consent of the Company, participate in the ownership, management, operation, control or financing of, Microsoft Corporation, Oracle Corporation, S▇▇▇▇▇▇▇▇▇.▇▇▇, Inc. or SAP AG, including, without limitation, any successor, subsidiary, parent or related entity thereof (the “Restricted Entities”). You shall not be deemed to be in contravention of the provisions of this Section 4(e) if you own shares as a passive investor in a Restricted Entity, provided that: (i) such shares are actively traded on an established national securities market in the United States; and (ii) the number of shares of such entity’s capital stock that are owned beneficially (directly or indirectly) by you collectively represent less than one percent (1%) of the total number of shares of such entity’s capital stock outstanding.
Restricted Entities. (The Restricted Entities listed below are intended to include both the parent entities and their respective Affiliates)