Common use of Operational Independence Clause in Contracts

Operational Independence. We have full rights to make business decisions and to carry out our business independent of our Controlling Shareholders and their respective close associates. On the basis of the following reasons, our Directors consider that our Company will continue to be operationally independent from our Controlling Shareholders and their respective close associates after the [REDACTED]:

Appears in 2 contracts

Sources: Acting in Concert Agreement, Acting in Concert Agreement

Operational Independence. We have full rights to make business decisions and to carry out our business independent independently from our Single Largest Group of our Controlling Shareholders and their respective close associates. On the basis of the following reasons, our Directors consider that our Company will continue to be operationally independent from our Controlling Single Largest Group of Shareholders and their respective close associates after the [REDACTED]:

Appears in 1 contract

Sources: Acting in Concert Agreement