Business of the Group. 2.1 The Group Companies shall not conduct any business or activity other than in the field of the research and development, manufacture, and distribution of electronic education products in accordance with business plans approved by the Board or Subsidiary Boards (as the case may be).
2.2 Any business plan prepared by or for the Group Companies and delivered to the Preference Shareholders on or prior to or after the date hereof shall be carried out by such Group Company on a best endeavours basis.
Business of the Group. The Consultant will not, during the term of this Agreement, engage in any business, enterprise or activity that is contrary to or detracts from the due performance of the Business of the Group.
Business of the Group. 2.1 The Group shall not conduct any business or activity other than their existing business as a software provider in digital (electronic) B2G transactions for import/export purposes, principally engaged in the design, research, development, sales and distribution of a series of standardized software products in compliance with the formalities of the PRC’s State Import and Export Commodity Inspection and Quarantine Bureau and the provision of digital solutions to other governmental bodies including, but not limited to, the Customs General Administration of the PRC.
2.2 Any annual business plan, or amendment to an approved business plan prepared by or for the Company requiring the approval of the Investors shall be carried out by the Company on a best endeavours basis.
Business of the Group. The business of each Group Company shall be restricted to the Business, unless otherwise approved by the Majority Preferred Holders of the Company.
Business of the Group. 3.1 The principal activity of the Group shall be the provision of a cross-border payments processing hub that supports business payments, mass payout, payment collection, money transfer and mobile top up, and such other businesses as may be incidental thereto, or as may be approved in accordance with the terms of this Agreement (“Business”).
Business of the Group. The Group is to own and carry on the Business in accordance with the provisions of this deed and the Company shall not, and shall procure that each other Group Company does not, carry on any other business apart from the Business, unless otherwise approved by the Shareholders in accordance with clause 8.1.
Business of the Group. The Business of the Group consists of the provision of electronic management systems, sales management information systems, medical professional databases and services related to those databases, including direct marketing and consulting, primarily to the pharmaceutical and healthcare industries.
Business of the Group. 4.1. Notwithstanding anything to the contrary in any other document, the Shareholders agree amongst each other and with the Company that the principal objective of the Group shall be to engage in all aspects of Pay-TV, primarily in Thailand, and thereafter in Xxxxxxx, Xxxx, Xxxxxxx, Malaysia and Cambodia, and if the Memorandum of Association of any Group Company does not reflect this objective then the Shareholders shall use all their shareholder rights to ensure that the applicable Memorandum of Association is amended to reflect this objective. In addition, the Group shall conduct such other business as the Board may resolve from time to time.
4.2. The Shareholders acknowledge and agree that the Business shall be conducted in accordance with the Memorandum of Association, the Articles and the Budget from time to time in force and each Shareholder shall use its best endeavours to ensure that the Directors nominated by it vote in such manner as to ensure that -
4.2.1. the Group operates in the most profitable manner possible;
4.2.2. no Group Company carries on any business other than the business set out or specified in the Budget from time to time in force;
4.2.3. each Group Company complies with all its obligations under all agreements to which it is expressed to be a party and complies with the restrictions imposed upon it under its constitutional documents;
4.2.4. each Group Company obtains and maintains all authorisations necessary or desirable to carry on its business;
4.2.5. each Group Company carries on its business on sound commercial principles; and
4.2.6. the Group Companies carry on any business with Shareholders and outside parties on arms' length terms.
4.3. Notwithstanding anything to the contrary herein or in the Articles, in relation to any resolution proposed to the board of directors of any Group Company in terms whereof such Group Company -
4.3.1. enters into, amends, varies, terminates, cancels or determines the interpretation of any contract with any Shareholder, or any director or officer of a Shareholder or any Affiliate of a Shareholder (a "Related Party"); or
Business of the Group. 2.1 The Group Companies shall not conduct any business or activity other than the Business and otherwise in accordance with business plans approved by the Board (including the Series A Director, the Series A-1 Director and the Series B Director) from time to time.
2.2 The parties shall use their best endeavours to cause and procure the Group Companies to implement any business plan prepared by or for any of the Group Companies and approved by the Board (including the Series A Director, the Series A-1 Director and the Series B Director) on or prior to or after the date hereof.
Business of the Group. The Group is principally engaged in the research and development, production and sales of non- woven materials, recycled chemical fibres and thermal resistant filtration materials.
