Purpose of Joint Venture. 2.1. The Parties hereby associate themselves in a joint venture relationship which shall have as its principal purpose: (1) developing, maintaining and supporting Technology Portfolio TP; (2) integrating Technology Portfolio TP into GTCH’s platforms and/or products to be developed; and (3) sales and licensing and other activities incidental thereto.
Purpose of Joint Venture. The purpose of the Joint Venture is to fully initiate advantages of the Parties so as to enhance production technical standard, to promote high quality products, to produce internationally reputable products, to apply brand-new operation concept and management method, to strengthen overall capacity and competitiveness in the international market, to increase economic benefit, and to produce a satisfactory return to all investors; meanwhile, to boost the industrial level through an integration of the tire industry, to provide job opportunities in the locale, to introduce more foreign capital to the locale, and for sure to enhance the fast economic development in Rongcheng City.
Purpose of Joint Venture. The purpose of the Joint Venture is to provide a framework within which Inception will provide management services in directing and managing an exploration, drilling and evaluation of the mineral resources in the Concessions and Corpus will provide the capital necessary to complete such purpose.
Purpose of Joint Venture. The parties are entering into the joint venture contemplated by this Agreement in order for NYBE and WCCI, through a jointly owned limited liability company to convert, own, operate and finance, the Facilities in targeted market areas throughout the Territory. The Facilities that shall be subject to conversion to Atomic Burrito restaurants pursuant to the terms of this Agreement set forth in the attached Schedule 1.8.
Purpose of Joint Venture. The purpose of the joint venture shall be to develop, own and operate throughout the world (excluding Hawaii, Japan, Guam and certain markets in the United States where there are existing franchisees as of the date hereof to the extent such franchisees have been granted exclusive territories) a chain of casual, fine dining restaurants featuring Pacific Rim cuisine, the culinary style and concept having been originally developed by Chef Xxx Xxxxxxxxx and Hawaiian Pacific Restaurant Group, Inc. (a wholly owned subsidiary of Roy’s Holdings, Inc.), and which are commonly referred to as “Roy’s,” followed by a geographic tag, e.g., Roy’s at Pebble Beach, Roy’s Scottsdale and Xxx’x Xxxxxx Springs (the “Restaurants” or “Restaurant”).
Purpose of Joint Venture. NY – SHI and Canbiola Sub hereby agree jointly to develop a business model referred to as the “Depot Model” and to combine their complementary skills, resources, and efforts to form the Joint Venture. The purpose of the Joint Venture is to aggregate and purchase fully-grown, harvested industrial hemp (the “Product”) from Farmers in the State of New York to be processed at a Processing Facility.
Purpose of Joint Venture. The Parties hereby associate themselves in a joint venture relationship which shall have as its principal purpose the establishment and development of the Business. The Business will be limited initially to (1) developing, marketing and providing of a Voice Over IP service (“VoIP”) throughout the world, with initial rollout in Canada and the United States and (2) activities incidental thereto.
Purpose of Joint Venture. The parties are entering into the joint venture contemplated by this Agreement in order for SGH-SUB and JOINT VENTURE PARTNER, through jointly owned limited partnerships, limited liability companies or other entities agreed upon by the parties, to develop or acquire, and own, operate and finance, the Facilities in targeted market areas throughout the Territory. The number of Facilities that shall be developed hereunder and the respective deadlines for commencing and completing construction of the same are set forth on the attached Exhibit 2. Upon execution of this Agreement and in consideration of development opportunities to be deferred or relinquished, JOINT VENTURE PARTNER shall pay to SGH, in addition to any other sums due hereunder, the sum of Not Applicable Dollars ($ ).
Purpose of Joint Venture. The Parties hereby associate themselves in a joint venture relationship which shall have as its principal purpose: (1) identifying, investigating and investing in companies involved in Internet or E-commerce based activities in the Territory; (2) developing, marketing and providing an Internet incubator for early stage companies involved in Internet or E-commerce based activities focused on regions in the Territory; and (3) activities incidental thereto.
Purpose of Joint Venture. The purpose of the Joint Venture shall be to own and manage AVLIC and AIC as provided herein, and to acquire, manage, transfer, dissolve and/or otherwise operate such other Persons and/or business operations as the parties may determine from time to time. Holding Company shall have such powers as are necessary or appropriate to carry out the purposes of the Joint Venture, including without limitation the following powers:
(a) to own, form, manage, operate, sell, transfer and dissolve any Subsidiary;
(b) to borrow money and to guarantee the obligations of any Subsidiary for any business, object or purposes of the Joint Venture from time to time, without limit as to amount, and to secure the payment thereof by the creation of any Lien;
(c) to make such investments as the board of directors of Holding Company or any Subsidiary thereof deems advisable;
(d) to open, maintain and close bank accounts, to draw checks and other orders for the payment of money;
(e) to employ and dismiss from employment any and all employees, agents or independent contractors;
(f) to xxx and to defend suits and to prosecute, settle or compromise claims by or against others;
(g) to enter into, make and perform all such Contracts as may be necessary or advisable or incident to the carrying out of the foregoing purposes;
(h) to exercise such additional powers as are granted by the Laws of the State of Nebraska, including those powers granted to a Nebraska corporation under the provisions of the Nebraska Business Corporation Act which are not otherwise inconsistent with any specific provision of this Agreement; and
(i) to take such other actions as the board of directors of Holding Company may deem necessary or advisable in connection with the business of the Joint Venture, including the retention of agents, independent contractors, attorneys, accountants and other experts selected by such board of directors on behalf and at the expense of Holding Company, and in connection with the preparation and filing of all Joint Venture Tax Returns.
