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Common use of Operating Matters Clause in Contracts

Operating Matters. The Initial Stockholders shall have agreed ----------------- upon the Budget for fiscal year 1998, subject to such variations as may be approved by the Board of Directors from time to time and the [*] contemplated under [*].

Appears in 2 contracts

Sources: Joint Venture Formation and Stockholders Agreement (Gemstar International Group LTD), Joint Venture Formation and Stockholders Agreement (Gemstar International Group LTD)

Related Clauses

  • Accounting Matters
  • Leasing Matters
  • Operational Matters
  • Closing Matters
  • Operations Matters

Parent Clauses

  • Conditions to Closing
  • Grant of License and Technology Transfer to ▇▇▇▇▇▇
  • Representations and Warranties of the Company and Members
  • Grant of License and Technology Transfer to Pwvi
  • REPRESENTATIONS AND WARRANTIES OF SELLERS

Sub-Clauses

  • Significant Impairment of the Business Model
  • Annual Budget
  • Intercompany Reimbursements
  • Defined Credit Policy for the Company
  • Borrowings
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