Joint Venture Term. The Joint Venture Term established under this Contract shall be fifty (50) years, commencing on March 28, 1995.
Joint Venture Term. The Joint Venture Term is ten (10) years which will be automatically extended for another five (5) years if neither Party makes any objection to such extension at least six (6) months before expiry of the initial Joint Venture Term. Each Party shall execute the relevant documents, complete the required procedures to formalize the extension of the Joint Venture Term and shall procure that each Director that it appointed will do the same.
Joint Venture Term. (a) The term of operations of the Company ("Joint Venture Term") shall be thirty years commencing on the Establishment Date.
Joint Venture Term. The term of the Joint Venture established under this Contract shall commence on the date the Company is granted a Business Licensed and shall terminate sixteen (16) years thereafter (including one year of construction). The fixed assets of the Company will be gratuitously owned by Party A and Party B upon the expiration of the Joint Venture. (including the expiration of the extended term of the JV pursuant to Article 18.02)
Joint Venture Term. The duration of the JV Company shall commence on the Establishment Date and continue for a period of fifteen (15) years thereafter, unless earlier terminated or further extended as provided herein.
Joint Venture Term. 19.1 The Term established under this JV Contract shall be twenty (20) years, commencing from the Establishment Date.
Joint Venture Term. The duration of the Company shall commence on the date of the issuance of the Company’s Business License and continue for a period of 50 (Fifty) years, unless, earlier terminated or further extended as provided herein.
Joint Venture Term. The Joint Venture Term of the EJV shall be 10 years from the Establishment Date.
Joint Venture Term. The Joint Venture Term of the CJV shall commence upon the issuance of the Business License and shall expire 20 years therefrom.
Joint Venture Term. 15.1 The Joint Venture Term shall commence on the issuance date of the Business Licence and expire on the date fifty (50) years after the issuance of the Business Licence unless extended pursuant to the provisions of Section 15.2.