New Division. Upon consummation of the transactions contemplated ------------ hereby, Buyer and its affiliates shall establish the New Division for the purpose of conducting business with JCP and Goody's and their respective affiliates, successors and assigns and all such business shall be engaged in by Buyer, its affiliates and successors, through the New Division at least through December 31, 1999. Despite the foregoing, all such business shall be deemed to be conducted by the New Division thereafter.
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New Division. Upon consummation of the transactions contemplated ------------ hereby, Buyer and its affiliates shall establish the New Division for the purpose of conducting business with JCP and Goody's and their respective affiliates, successors and assigns and all such business shall be engaged in by Buyer, its affiliates and successors, through the New Division at least through December 31, 1999. Despite the foregoing, for purposes of Section 1.5 above, all such business shall be deemed to be conducted by the New Division thereafter.
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