OPERATING THE BUSINESS. The purpose of this Chapter is to explain how we require you to run the business.
OPERATING THE BUSINESS. Business Obligations • Maintenance of Stock • Accounting Information • Signs and Notices • Point of Sale Material • Licences • Trade Inventory • Amusement Machines • Employees • Use of Property • Legal obligations • Quality Standards
OPERATING THE BUSINESS. From the date hereof until the Initial Closing,
OPERATING THE BUSINESS. The provisions of this Section 7.1 shall only apply from the date of this Agreement until the Closing Date; provided that in the event of a Delayed India Close Scenario, the provisions of this Section 7.1 shall continue to apply, mutatis mutandis, with respect to the operations of the Visteon Sale Entities’ Indian operations until the India Reorganization Closing.
OPERATING THE BUSINESS. (a) Except as set forth on Section 7.1 of the Disclosure Schedule, Seller shall, and shall cause the Visteon Operating Companies to (or in the case of VTYC, use commercially reasonable efforts to cause VTYC to) (i) conduct the operations of the Business in the ordinary course and in substantially the same manner as they have previously been conducted (and in accordance with applicable budgets) and (ii) to use its commercially reasonable efforts to preserve intact its Business organization, assets, and relationships with Third Parties related to the Business and keep available the services of the present key employees of the Business, in each case, during the period from the date of this Agreement until the Closing Date. Notwithstanding the foregoing, the Visteon Operating Companies are permitted to use any cash, cash equivalents, and other short term liquid investments of the Business to pay dividends or distributions, repay loans, or other payments to its Affiliates.
