Common use of Restrictions on Transfers to Certain Competing Persons; Right of First Refusal Clause in Contracts

Restrictions on Transfers to Certain Competing Persons; Right of First Refusal. If Section 19.1.1 is determined to be invalid or unenforceable in any situation, then except as set forth in Section 3.2.5 and Section 19.2, the Parties instead shall adhere to this Section 19.1.2 with respect to such situation.

Appears in 4 contracts

Sources: Joint Venture Operating Agreement (Caterpillar Inc), Truck Business Relationship Agreement (Navistar International Corp), Joint Venture Operating Agreement (Navistar International Corp)