restrictive covenant

短语

词形变化

restrictive covenants 复数 restrictive covenants

释义与例句

n.
  1. 1.

    An agreement between parties limiting or restricting the use of land owned by one of the parties.

    法律
  2. 2.

    A noncompete agreement

    法律

    2019, Paul Greco, "How To Make Sure Restrictive Covenants Survive A Restructuring", Life Science Leader, VertMarkets. Careful to protect the goodwill it is developing with these providers, the life sciences company decides to use restrictive covenants — i.e., noncompetes, in the popular vernacular — to ensure the sales reps cannot compete for a period of time after changing jobs and potentially transfer the value of burgeoning customer relationships to some new employer.