A long-term lease of land only, under which the tenant constructs and owns improvements on the land for the lease duration, with improvements reverting to the landlord upon expiration. Texas's business-friendly legal climate creates specific considerations for GLA drafting and enforcement.
Analyze Your GLA Free →Texas Covenants Not to Compete Act permits non-competes if ancillary to enforceable agreement with limited restrictions.
Tex. Bus. & Com. Code § 15.50 requires non-competes to be ancillary to otherwise enforceable agreement.
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