Collections and Distributions. The Manager will collect all sums payable to the Joint Venture and will distribute such amounts, after expenses of the Joint Venture, as set forth in this Agreement.
Appears in 3 contracts
Samples: Joint Venture Agreement (Endurance Exploration Group, Inc.), Joint Venture Agreement (Endurance Exploration Group, Inc.), Joint Venture Agreement (Endurance Exploration Group, Inc.)
Collections and Distributions. The Manager will collect all sums payable to the Joint Venture and will distribute such amounts, after expenses of the Joint Venture, as set forth to the parties in this Agreementaccordance with their joint instructions or, if no such joint instructions are given, on an equal basis.
Appears in 1 contract
Collections and Distributions. The Manager will collect all sums payable to the Joint Venture and will distribute such amounts, after expenses of the Joint Venture, as to the parties in accordance with their joint instructions or, if no such joint instructions are given, proportionately to the Joint Venturers in the percentage set forth in this Agreement.opposite each Joint Venturer’s name on Exhibit A.
Appears in 1 contract
Collections and Distributions. The Manager Managers will collect all sums payable to the Joint Venture and will distribute such amounts, after expenses of the Joint Venture, as set forth to the parties in this Agreementaccordance with their joint instructions or, if no such joint instructions are given, on an equal basis.
Appears in 1 contract
