covenant not to compete

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covenant not to compete n. a common provision in a contract for sale of a business in which the seller agrees not to compete in the same business for a period of years or in the geographic area. This covenant is usually allocated (given) a value in the sales price. (See: covenant)

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covenant exclusive rights noncompete clause Specific performance			For tax purposes, a covenant not to compete is recognized when it is severable from goodwill, the agreement is separately bargained for, and the covenant can be shown to have economic substance. Noncompete agreement payment wasn't sale of personal goodwill by Thompson, Steven C. / Journal of Accountancy The seller subsequently takes the position that the entire purchase price should be treated as a capital gain, arguing that the agreement to allocate a portion of the purchase price to a covenant not to compete bore no relationship to economic reality. Limitations on taxpayers' ability to disavow tax consequences of ... by Keenan, John; Lagun, Julia / The Tax Adviser 4) Every covenant not to compete is a contract in restraint of trade. Business is business: recognizing referral relationships as ... by Carlson, Charles A.; Stoll, Amy E. / Florida Bar Journal			court’s log courteous courteous conduct courteously courteousness courtesy Courtesy of england courthouse petition format courtliness courtly courtly politeness courtroom Courtroom Television Network courts courts of justice Courts of Request Courts of the united states courtyard Cousin cove coven covenant Covenant for quiet enjoyment Covenant for title Covenant Marriage covenant not to compete Covenant not to sue covenant of indemnity covenant that runs with the land Covenant to stand seised to uses Covenant, Action of covenanted Covenantee covenanter Covenantor Covenants performed covenants, conditions and restrictions coventry Coventry act cover cover a beat cover for cover up cover with water coverage covered covering covering a wide area covering all cases covering fire covering up			Covenant Bible College Covenant Christian Covenant Classical School Association Covenant Coaching Circles Covenant Community Church Covenant Cooper Chest Pain Center Covenant Educators' Fellowship International Covenant Family Worship Center Covenant First Step Fund Covenant for quiet enjoyment Covenant for title Covenant Harbor Bible Camp Covenant Heart and Vascular Institute Covenant High In Christ Covenant Home School Resource Center Covenant House Covenant House New Jersey Covenant Love Family Church Covenant marriage Covenant Memorial Baptist Church Covenant Messenger Ministries Covenant Ministries of Benevolence Covenant Mission Connection Covenant Mutual Benefits Plan covenant not to compete Covenant not to sue Covenant not to sue Covenant of Grace Church covenant of indemnity Covenant of quiet enjoyment Covenant of quiet enjoyment Covenant of quiet enjoyment Covenant of quiet enjoyment Covenant of the Ancient Ones Covenant of the Goddess organization Covenant of the Sacred Moon Covenant of the Witches Covenant of Unitarian Universalist Pagans Covenant of Works Covenant on Civil and Political Rights Covenant on Economic, Social and Cultural Rights Covenant Pines Bible Camp Covenant Presbyterian Insurance Program Covenant Retirement Communities, Inc Covenant running with the land Covenant that runs with the land Covenant to Restrict Use of Property Covenant to stand seised to uses Covenant Transportation Group Covenant Trust Company Covenant with Black America Covenant World Mission Covenant World Relief

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