JVA Sample Clauses

JVA. When the Purchaser chooses to close this Agreement at the Closing Time, as of the Effective Date the Assets shall become ‘Projects’ under the JVA, governed by ‘Project Agreements’ that will comprise agreements with the Vendor and third parties made prior to the Effective Date; and where the Assets are not subject to such agreements with third parties, pursuant to new ‘Project Agreements’ (as ‘Upstream Project Agreements’ or as ‘Mildstream Project Agreements’ as provided in the JVA). Prior to the Purchaser’s choosing to close this Agreement at the Closing Time, the following shall apply between the Parties for the Assets in respect of the application thereto of the JVA: A) The Vendor may prepare and deliver to the Purchaser ‘Work-Up AFE’s’, and Purchaser shall be liable to the Vendor as to the 100% account of the Purchaser as to the Purchaser’s interests to be acquired in the Assets upon unconditional purchase; and as to what the Parties except to become the residual interests of the Vendor in the same oil and gas property interests from which the Vendor shall assign the Assets; B) Unless the Parties agree in writing to the contrary, by reason that the Assets will not have become subject to the JVA, the Vendor may not commit the Purchaser to any costs or expenses under the JVA in any way arising with respect to the Assets,

JVA. The JVA will enable the Group to optimally capitalise on the opportunities presented by the Venture Project, by leveraging the combined strengths, expertise and financial resources of the Group and its controlling shareholder SLH and SLH’s subsidiaries and associates, to conduct the Venture Project successfully.

JVA. STAAR and the Canon Parties hereby terminate the JVA, effective as of the date hereof, including the termination of all rights and obligations therein notwithstanding any provisions contained to the contrary in that agreement, and agree that the JVA is hereby considered null and void.

JVA. The JVA shall be amended by: (i) adding the following definitions in clause 1.1 (Definitions and Interpretation) of the JVA:

JVA. The Parties have secured and/or in negotiation with various parties locally and overseas to purchase coal and selling the same with profit.

JVA. The JVA will be negotiated and drafted to: I. set forth all required information needed to define the JV’s Project and the Property on which it will be developed and will define terms on which the Property will be available to the JV (whether i) long term lease with extensions, ii) purchase terms iii) option terms or iv) other) which Property will need to meet the Project’s needs for ingress/egress/access, utilities, proximity to interstate gas pipeline system, etc.). II. provide that RWR (including affiliates) will serve as the feedlot/beef operator of the Project, set forth the responsibilities related thereto (including acquisition of the herd, etc. etc.) and set forth the basic terms related thereto. III. set forth Bion (including affiliates)’s responsibilities re providing (directly and/or through agreements with third parties) technology, sustainable branding, certifications, product off-take agreements, financing agreements and other matters needed to develop and/or operate the Project and the Bion System in order to realize the various revenue streams and set forth the basic terms related thereto. IV. define the responsibilities of each of the Parties in relation to the development of the Project (including any expansions thereof). V. define the manner (if any) in which the Parties may participate in the ‘net profits’ (to be defined) of each other’s business activities as related to the Project. VI. define the ways (if any) in which RWR and/or affiliates may elect to invest directly in the JV and/or in Bion. VII. together with such other matters (standard and or particular to the Project and JV) the Parties agree to include in the JVA.