Extension of the Joint Venture Term. If the Board unanimously approves the extension of the Joint Venture Term, the Company shall apply to the Examination and Approval Authority for approval no less than six (6) months prior to the expiration of the Joint Venture Term. The Joint Venture Term may be extended only upon approval by the Examination and Approval Authority.
Extension of the Joint Venture Term. At least one (1) year prior to the expiry of the Joint Venture Term, the Parties may discuss the extension of the term and endeavour to reach mutual agreement on the extension not less than six (6) months prior to the expiry of the Joint Venture Term.
Extension of the Joint Venture Term. At least one (1) year prior to the expiration of the Joint Venture Term, the Parties may discuss the extension of the term. If the Parties agree, an application for such extension shall be submitted to the Approval Authority for approval no less than six (6) months prior to the expiration of the Joint Venture Term. If the Parties fail to reach an agreement six (6) months prior to the expiration of the Joint Venture Term, termination proceedings shall immediately commence.
Extension of the Joint Venture Term. No less than 1 year prior to the expiry of the Joint Venture Term, the Parties may discuss the extension of the Joint Venture Term. If the Parties so agree, an application for examination and approval of such extension shall be submitted to the Shanghai AIC no less than 180 days prior to the expiry of the Joint Venture Term.
Extension of the Joint Venture Term. One year prior to the expiration of the Joint Venture Term, the Parties shall discuss whether to extend the cooperation term. If the Parties so decide, an application for such extension shall be submitted to the Approval Authority for approval no less than six months prior to the expiration of the Joint Venture Term. If only one Party wishes to extend the cooperation term, such Party shall be entitled to acquire the entire interests of the other Party in the CJV based on a purchase price determined by evaluation by an independent evaluation agency jointly determined by the Parties.
Extension of the Joint Venture Term. The PARTIES may agree to extend the term of the Company upon expiration for an additional period and shall cause their directors on the Board to unanimously approve such extension and to submit an application for such extension to the Approval Authority for approval no less than six (6) months prior to the expiration of the Joint Venture Term. PARTY B shall be offered terms that are no less favourable than the terms of this Contract and those being offered at that time to other foreign enterprises negotiating joint venture projects in China.
Extension of the Joint Venture Term. [*] to the expiration of the Joint Venture Term, the Parties shall discuss whether to extend the cooperation term. If the Parties so decides, an application for such extension shall be submitted to the Approval Authority for approval no less than [*] to the expiration of the Joint Venture Term.
