Common use of Operational Independence Clause in Contracts

Operational Independence. We have full rights to make all decisions on, and to carry out, our own business operations independently. Our Company, through our subsidiaries, holds the licenses and qualifications necessary to carry on our current business, and has sufficient capital, facilities, technology and employees to operate the business independently from our Single Largest Shareholders Group. We have access to third parties independently from and not connected to our Single Largest Shareholders Group for sources of suppliers and customers. Based on the above, our Directors are satisfied that we will be able to function and operate independently from our Single Largest Shareholders Group and its close associates.

Operational Independence. We have full rights to make all decisions on, and to carry out, our own business operations independently. Our Company, through our subsidiaries, holds the licenses and qualifications necessary to carry on our current business, and has sufficient capital, facilities, technology and employees to operate the business independently from our Single Largest Shareholders GroupControlling Shareholders. We have access to third parties independently from and not connected to our Single Largest Controlling Shareholders Group for sources of suppliers and customers. Based on the above, our Directors are satisfied that we will be able to function and operate independently from our Single Largest Controlling Shareholders Group and its their respective close associates.