Events of the Joint Ventures. The Joint Venture shall be dissolved upon the happening of any of the following events: (a) The adjudication of bankruptcy, filing of a petition pursuant to a Chapter of the Federal Bankruptcy Act, withdrawal, removal or insolvency of either of the parties. (b) The sale or other disposition, not including an exchange of all, or substantially all, of Joint Venture assets. In the event that either party is sold, each company is required to remain in the Joint Venture for a period of 18 months. • (c) Mutual agreement of both parties.
Appears in 9 contracts
Samples: Non Circumvention and Non Disclosure Agreement, Joint Venture Agreement, Joint Venture Agreement
Events of the Joint Ventures. The Joint Venture shall be dissolved upon the happening of any of the following events:
(a) The adjudication of bankruptcy, filing of a petition pursuant to a Chapter of the Federal Bankruptcy Act, withdrawal, removal or insolvency of either of the parties.
(b) The sale or other disposition, not including an exchange of all, or substantially all, of the Joint Venture assets. In the event that either party is sold, each company is required to remain in the Joint Venture for a period of 18 months. • .
(c) Mutual agreement of both the parties.
Appears in 3 contracts
Samples: Joint Venture Agreement (Forex International Trading Corp.), Joint Venture Agreement, Joint Venture Agreement
Events of the Joint Ventures. The Joint Venture shall be dissolved upon the happening of any of the following events:
(a) The adjudication of bankruptcy, filing of a petition pursuant to a Chapter of the Federal Bankruptcy Act, withdrawal, removal or insolvency of either of the parties.
(b) The sale or other disposition, not including an exchange of all, or substantially all, of the Joint Venture assets. In the event that either party is sold, each company is required to remain in the Joint Venture for a period of 18 months. • (c) Mutual agreement of both the parties.
Appears in 1 contract
Samples: Joint Venture Agreement
Events of the Joint Ventures. The Joint Venture shall be dissolved upon the happening of any of the following events:
(a) The adjudication of bankruptcy, filing of a petition pursuant to a Chapter of the Federal Bankruptcy Act, withdrawal, removal or insolvency of either of the parties.
(b) The sale or other disposition, not including an exchange of all, or substantially all, of the Joint Venture assets. In the event that either party is sold, each company is required to remain in the Joint Venture for a period of 18 months. • .
(c) Mutual agreement of both parties.
Appears in 1 contract
Samples: Joint Venture Agreement
Events of the Joint Ventures. The Joint Venture shall be dissolved upon the happening of any of the following events:dissolved
(a) The adjudication of bankruptcy, filing of a petition pursuant to a Chapter of the Federal Bankruptcy Act, withdrawal, removal or insolvency of either of the parties.
(b) The sale or other disposition, not including an exchange of all, or substantially all, of the Joint Venture assets. In the event that either party is sold, each company is required to remain in the Joint Venture for a period of 18 months. • (cC) Mutual agreement of both the parties.
Appears in 1 contract
Samples: Joint Venture Agreement
