Common use of Territorial Restrictions Clause in Contracts

Territorial Restrictions. Except as disclosed on Disclosure Schedule 4.5(j), neither any Seller nor any Owner is restricted by any agreement or understanding with any Person from carrying on the Business anywhere in the world or from expanding the Business in any way or entering into any new businesses, including any Contract that impairs the ability to freely conduct the Business in the Ordinary Course of Business, except for such restrictions that, individually or in the aggregate, would not be material to the Business and that would not apply to the Business or Buyers following the Closing.

Appears in 1 contract

Sources: Asset Purchase Agreement (United Rentals North America Inc)

Territorial Restrictions. Except as disclosed on Disclosure Schedule 4.5(j), neither None of the Seller or any Seller nor any Owner of its Affiliates is restricted by any agreement or understanding with any Person from carrying on the Business anywhere in the world or from expanding the Business in any way or entering into any new businesses, including any Contract that impairs the ability to freely conduct the Business in the Ordinary Course of Business, except for such restrictions that, individually or in the aggregate, would not be material to the Business and that would do not apply to any of the Business Business, the Transferred Assets or Buyers the Purchaser following the Closing.

Appears in 1 contract

Sources: Asset Purchase Agreement (Conexant Systems Inc)

Territorial Restrictions. Except as disclosed on Disclosure Schedule 4.5(j), neither None of Sellers or any Seller nor any Owner of their Affiliates is restricted by any agreement or understanding with any Person from carrying on the Business anywhere in the world or from expanding the Business in any way or entering into any new businesses, including any Contract that impairs the ability to freely conduct the Business in the Ordinary Course of Business, except for such restrictions that, individually or in the aggregate, would not be material to the Business and or that would not apply to the Business or Buyers Buyer following the Closing.

Appears in 1 contract

Sources: Asset Purchase Agreement (Mad Catz Interactive Inc)

Territorial Restrictions. Except as disclosed on Disclosure Schedule 4.5(j), neither None of the Seller or any Seller nor any Owner of its Affiliates is restricted by any agreement or understanding with any Person (other than the Purchaser) from carrying on the Business anywhere in the world or from expanding the Business in any way or entering into any new businesses, including any Contract that impairs the ability to freely conduct the Business in the Ordinary Course of Business, except for such restrictions that, individually or in the aggregate, would not be material to the Business and that would do not apply to any of the Business Business, the Transferred Assets or Buyers the Purchaser following the Closing.

Appears in 1 contract

Sources: Asset Purchase Agreement (Conexant Systems Inc)

Territorial Restrictions. Except as disclosed set forth on Disclosure Schedule 4.5(j)3.15, neither none of Seller or any Seller nor any Owner of its Affiliates is restricted by any agreement or understanding with any Person from carrying on the Business anywhere in the world or from expanding the Business in any way or entering into any new businesses, including any Contract that impairs the ability to freely conduct the Business in the Ordinary Course of Business, except for such restrictions that, individually or in the aggregate, would not be material to the Business and that would not apply to the Business or Buyers following the Closing.

Appears in 1 contract

Sources: Asset Purchase Agreement (Netgear, Inc)