Restrictive covenants

In Canada, Camaghan Insurances Ltd. vs. Lundy (7) involved a restrictive covenant the employee was valuable and held trade secrets in the insurance field. The court held that a covenant not to compete for three years was reasonable but that the plaintiff s business was in Saint Johns (the agreement covered the Province of New Brunswick). Under the circumstances, the area was too broad, the court declined to rewrite the area, and the plaintiff lost. 

A mixture equilibria model which is not based on any specific isotherm model does not have the limitations expressed in the derivation of such a model. The Ideal Adsorbed Solution Theory of Jtyers et al. (3 ) is based on the equivalence of the spreading pressures and does not presuppose any isotherm model. In fact, in the original papers, Glessner and Myers (k) stipulated that the model should only be applied using raw equilibrium data to calculate the spreading pressures. This is a very restrictive covenant and does not permit the use of the model for predictive purposes other than that for which data are available. However various authors have applied the Ideal Adsorbed Solution Theory (IAST) model using isotherm models (5., ) quite satisfactorily. 

For the individual pharmaceutical physician, arguably the most important contract will be his/her own contract of employment with the company. This is likely to contain terms which, if broken by the individual, could give rise to a claim being made against him/her and, of course, vice versa. The contract of employment may cover matters such as confidentiality and restrictive covenants, as well as defining the individual s role and responsibilities within the company. 

Once information is made a trade secret, its secrecy must be vigilantly maintained otherwise it loses its legal protection. Evidence that information is indeed a protected trade secret includes "restrictive covenants with... 

It is easy to prove that wealth has a natural tendency to equality, and that any excessive disproportion could not exist or at least would rapidly disappear if civil laws did not provide artificial ways of perpetuating and uniting fortunes if free trade and industry were allowed to remove the advantages that accrued wealth derives from any restrictive law or fiscal privilege if taxes on covenants, the restrictions placed on their free... 

Synthetic rebalancing cannot always be done, however. This is likely to be the case for rttiquid assets and those with legal covenants limiting transfer. For example, an investor may own a partnership or hold a concentrated stock position in a trust whose position cannot be swapped away. In these situations, MV optimization must be amended to include these assets with their weights restricted to the prescribed levels. The returns, risk, and correlation forecasts for the restricted assets must then be incorporated exphcitly in the analysis to take account of their interaction with other assets. The resulting constrained optimum portfolios will comprise a second-best efficient frontier but may not be too far off the unconstrained version. 

The inclusion of previous provisions, safety covenants and asset sale restrictions increase the right of creditor and value of debt. 

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