Managing Joint Venturer. The Managing Joint Venturer of the Joint Venture shall be Xxxxx X. Xxxxxx. Except as expressly provided in this Agreement, the management and control of the day-to-day operations of the Joint Venture and the maintenance of the Joint Venture property shall rest exclusively with the Managing Joint Venturer. The Managing Joint Venturer shall serve in that capacity until the time that the Joint Venturers designate a new Managing Joint Venturer. The Managing Joint Venturer shall receive no salary or other compensation for his services as such. The Managing Joint Venturer shall devote as much of his attention and time to the conduct and supervision of the Joint Venture business as the Managing Joint Venturer shall deem necessary or advisable.

Managing Joint Venturer. (a) In General. The Managing Joint Venturer shall be Maxxon. (b)

Managing Joint Venturer. The Managing Joint Venturer of the Venture shall be Xxxxx. Except as expressly provided in this Agreement, the management and control of the day-to-day operations of the Venture and the maintenance of the Venture Property shall rest exclusively with the Managing Joint Venturer. The Managing Joint Venturer shall serve in that capacity until the time that the Joint Venturers designate a new Managing Joint Venturer by a vote of 51 percent in Interest, not in numbers, of the Joint Venturers. The Managing Joint Venturer shall receive no salary or other compensation for his services as such. The Managing Joint Venturer shall devote as much of his attention and time to the conduct and supervision of the Venture business as the Managing Joint Venturer deems necessary or advisable. POWERS OF MANAGING JOINT VENTURER. Subject to the restrictions set forth herein, the Managing Joint Venturer is authorized and empowered to carry out and implement any and all of the purposes of the Venture. In that regard, the powers of the Managing Joint Venturer shall include, but shall not be limited to, the following:

Managing Joint Venturer. The Managing Joint Venturer of the Venture shall be C4H with management and control of the day-to-day operations by the JV Partner unless and the maintenance of the Venture Facility shall rest exclusively with the Managing Joint Venturer via C4H Facility Director and Facility Manager. The Managing Joint Venturer shall receive no salary or other compensation for services as such except salaries for only C4H Director and Manager. The Managing Joint Venturer will devote as much of his attention and time to the conduct and supervision of the Venture business as the Managing Joint Venturer deems necessary or advisable.

Related to Managing Joint Venturer

No Joint Venture Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Joint Venture Agreement The shareholder entity designated by each ASEAN country shall negotiate and conclude, as soon as possible, a joint Venture Agreement acceptable to Malaysia and the Parties, for the setting up of an ASEAN Urea Project in Malaysia. Such joint Venture Agreement shall set out among others: The name and capital structure of the joint Venture company; Constitution of the Board of Directors of the joint Venture company: Protection of minority interests; Scope of the project and its financing.
No Partnership or Joint Venture Neither the Trust, the Fund nor the Adviser are partners of or joint venturers with each other and nothing herein shall be construed so as to make them such partners or joint venturers or impose any liability as such on any of them.

Managing Joint Venturer Sample Clauses