Common use of RESTRICTIONS ON THE SELLERS Clause in Contracts

RESTRICTIONS ON THE SELLERS. In this clause, the following words and expressions shall have the following meanings: "Prospective Customer"; a person who is at Completion, or who has been at any time during the period of 12 months immediately preceding the Completion Date, in discussions with the Company with a view to becoming a client or customer of the Company. "Restricted Business"; any business that is or would be in competition with any part of the Business as it is being carried on at the Completion Date.

RESTRICTIONS ON THE SELLERS. 13.1 In this clause, the following words and expressions shall have the following meanings: "Prospective Customer"; : a person who is at Completion, or who has been at any time during the period of 12 months immediately preceding the Completion Date, in discussions with the Company or any of the Subsidiaries with a view to becoming a client or customer of the CompanyCompany or any of the Subsidiaries. "Restricted Business"; : any business that is or would be in competition with any part of the Business as it is being carried on at the Completion DateBusiness.