Business of the Joint Venture. The MP holds the relationship both for credit facilities and small cap programs. The distribution and use of funds at the sole discretion of the MP. MP for the purposes herein stated shall make all decisions affecting the small cap program of the Joint Venture. Any disagreements or disputes that arise from the Joint Venture shall be resolved through an arbitrator. o Each party shall be required to remain in the Joint Venture and shall not withdraw its capital prior to the 90 days of the credit facility being created. In the event a party elects to withdraw from the Joint Venture after the required time commitment, said party shall give notice to the other party four (4) months in advance of wanting such a termination. o MP shall be in charge of the daily operations of the JOINT VENTURE which includes: Creating Credit Facilities and Distributing the Credit Facilities across multiple small cap programs for the benefit of the JV for the next 60 months.
Appears in 3 contracts
Samples: Joint Venture Agreement, Joint Venture Agreement, Non Circumvention and Non Disclosure Agreement
Business of the Joint Venture. The MP holds the relationship both for credit facilities and small cap programs. The distribution and use of funds at the sole discretion of the MP. MP for the purposes herein stated shall make all decisions affecting the small cap program of the Joint Venture. Any disagreements or disputes that arise from the Joint Venture shall be resolved through an arbitrator. o • Each party shall be required to remain in the Joint Venture and shall not withdraw its capital prior to the 90 days of the credit facility being created. In the event a party elects to withdraw from the Joint Venture after the required time commitment, said party shall give notice to the other party four (4) months in advance of wanting such a termination. o • MP shall be in charge of the daily operations of the JOINT VENTURE which includes: Creating Credit Facilities and Distributing the Credit Facilities across multiple small cap programs for the benefit of the JV for the next 60 months.
Appears in 2 contracts
