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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link="#0563C1" vlink="#954F72"><div class=WordSection1><p class=MsoNormal><span style='color:#1F497D'>Opps, should have written that “buyer will NOT allow a toy business”<o:p></o:p></span></p><div><p class=MsoNormal><span style='color:white'><o:p> </o:p></span></p></div><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><div><div style='border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in 0in 0in'><p class=MsoNormal><b>From:</b> wsbarp-bounces@lists.wsbarppt.com [mailto:wsbarp-bounces@lists.wsbarppt.com] <b>On Behalf Of </b>Paul Neumiller<br><b>Sent:</b> Thursday, June 25, 2015 2:49 PM<br><b>To:</b> wsbarp@lists.wsbarppt.com<br><b>Subject:</b> [WSBARP] Covenant Not to Compete (?) and Sale of Building<o:p></o:p></p></div></div><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>Listmates: A issue has come up that I don’t have time to research (parties want to close escrow next week, of course) and I was hoping someone might be able to give me guidance. Client owns two adjacent commercial buildings and is selling one. Client has a toy business in the building that Client is retaining. Parties have agreed that for as long as there is a continuous operating toy business in the retained building that buyer will allow a toy business in the building that buyer is purchasing. Is this legally enforceable? Maybe this shouldn’t be called a covenant not to compete but rather a private parties’ use restriction? Sample provisions to insert? Thanks<o:p></o:p></p></div></body></html>