a contract among owners which allows them to guarantee that property will be used in a certain way

an express term in the contract which seeks to prevent the employee from carrying out a particular activity, usually in competition with the employer

a term in an employment contract which prohibits the employee, upon leaving, from working for another employer or in a particular area

A provision in a contract which forbids one party from doing a certain act, e.g., working for another, soliciting customers, etc.

these are often included in log running contracts and contracts of employment to stop the parties working with competitors during the period of the agreement and for some time thereafter. However, unless carefully written the courts will see them as being in restraint of trade and ignore them.

A provision in a contract that prohibits the existence of certain conditions, such as debt leverage exceeding certain financial ratio benchmarks or the taking of certain corporate actions (i.e. major financing or restructuring) without appropriate consent