Joint Venture Property. Where allowed by statute, title to all Joint Venture property subsequently acquired pursuant to Section 11 of this agreement, will remain in the name of the Joint Venture. Where joint ventures are not recognized by statute as separate legal entities, Joint Venture property, including intellectual property, will be held in the name of one or more Members. In all cases Joint Venture property will be applied by the Members exclusively for the benefit and purposes of the Joint Venture and in accordance with this Agreement.
Appears in 5 contracts
Samples: Joint Venture Agreement (North Bay Resources Inc), Joint Venture Agreement (Sierra Madre Mining), Joint Venture Agreement (Ruby Gold, Inc.)
Joint Venture Property. Where allowed by statute, title to all Joint Venture property subsequently acquired pursuant to Section 11 of this agreementproperty, including intellectual property, will remain in the name of the Joint Venture. Where joint ventures are not recognized by statute as separate legal entities, Joint Venture property, including intellectual property, will be held in the name of one or more Members. In all cases Joint Venture property will be applied by the Members exclusively for the benefit and purposes of the Joint Venture and in accordance with this Agreement.
Appears in 4 contracts
Samples: Joint Venture Agreement, Joint Venture Agreement (Global Crossing Airlines Group Inc.), Joint Venture Agreement (Cleanspark, Inc.)
Joint Venture Property. Where allowed by statute, title to all Joint Venture property subsequently acquired pursuant to Section 11 of this agreementproperty, including intellectual property, will remain in the name of the Joint Venture. Where joint ventures are not recognized by statute as separate legal entities, Joint Venture property, including intellectual property, will be held in the name of one or more Members. In all cases Joint Venture property will be applied by the Members exclusively for the benefit and purposes of the Joint Venture and in accordance with this Agreement.
Appears in 3 contracts
Samples: Joint Venture Agreement (Amfil Technologies, Inc.), Joint Venture Agreement (GEO JS Tech Group Corp.), Joint Venture Agreement (GEO JS Tech Group Corp.)
Joint Venture Property. Where allowed by statute, title to all Joint Venture property subsequently acquired pursuant to Section 11 of this agreementproperty, including intellectual property, will remain in the name of the Joint Venture. Where joint ventures are not recognized by statute as separate legal entities, Joint Venture property, including intellectual property, will be held in the name of one or more MembersParties. In all cases Joint Venture property will be applied by the Members Parties exclusively for the benefit and purposes of the Joint Venture and in accordance with this Agreement.
Appears in 1 contract
