Purposes of the Joint Venture. The purposes of the JOINT VENTURE are as follows:
2.1.1. To conduct Company’s Business for the benefit of the Parties;
2.1.2. To protect and preserve TFP Intellectual Property Rights together with TFP Trade Secrets in the Territory under the terms of this Agreement and the Ancillary Agreement;
2.1.3. To manufacture, promote sell, distribute or enter into other business transactions related to TFP Product in the Territory under the terms hereof and of the Ancillary Agreements;
2.1.4. To provide for the implementation of the Ancillary Agreement for the benefit of the respective Parties; and
2.1.5. To manufacture, promote sell, distribute or enter into other business transactions related to Other Agreed Upon Technologies in the Territory under the terms hereof and of the Ancillary Agreement.
Purposes of the Joint Venture. 3.1 Purposes of the Joint Venture. The purposes of the Joint Venture are as follows:
3.1.1 For the purpose of improving economic and technological cooperation, importing NTI developed know-how for producing Volatile Corrosion Inhibiting polyethylene substances and other new techniques, NTI providing Masterbatch, producing Volatile Corrosion Inhibiting polyethylene substances in the Territory, increasing the quality of products, developing new products, raising economic efficiency, and to conduct the Corporation’s Business for the benefit of the Parties;
3.1.2 Assisting in the export of high quality technical products from China by providing improved protective packaging technology from NTI;
3.1.3 To protect and preserve NTI Intellectual Property Rights together with NTI and/or PARTY B Trade Secrets in the Territory under the terms of this Agreement and the Ancillary Agreements;
3.1.4 To manufacture, promote and sell Product in the Territory under the terms hereof and of the Ancillary Agreements;
3.1.5 To provide for the implementation of the Ancillary Agreements for the benefit of the respective Parties; and
3.1.6 To manufacture, promote and sell Other Agreed Upon Technologies in the Territory.
3.1.7 Ergo the Business Scope of the Corporation as defined in Article 1.10 hereof is: Producing Volatile Corrosion Inhibiting polyethylene products; After-sales service thereof; Research and development of new products in China as related to the Corporation’s Business; and Importing other advanced new techniques as related to the Knowhow, Product and Other Agreed Upon Technologies.
Purposes of the Joint Venture. The purposes of the Joint Venture are: The Joint Venture will be organized for the purpose of commercializing the QES2000 waste to energy conversion technology described under the trade name the QES2000 System, distributing or joint venturing the QES2000 with or to third parties in the Caribbean (the “Territory”), and for the purpose of engaging in all activities and transactions that are necessary in furtherance of that purpose with the ultimate exit strategy of developing and commercializing the technology. The Joint Venture shall not engage in any other activity except as set forth above. The parties agree that the Joint Venture shall have the exclusive distribution rights for the Caribbean. For purposes of this Agreement, the QES2000 System means all past, present and future models and improvements of the QES2000 System and/or Inventor owned QES2000 waste to energy conversion technology, proprietary program modules and components, systems, and subsystems, data, documentation and text,(regardless of the form in which it exists or the media upon which it resides) in any stage of actual or anticipated development, including but not limited to ideas, programs and program modules, routines and subroutines, procedures, algorithms, design concepts, design specifications (design notes, annotations, documentation, record and file layouts, memoranda, correspondence, flowcharts, coding sheets and the like) source code, object code and load modules, programming, program patches and system designs at all levels and in all formats, end user documentation and any other type of information or material (in whatever form, whether human or machine readable and in whatever media) together with all associated Intellectual Property relating to the QES2000 System.
Purposes of the Joint Venture. The purposes of the Joint Venture are:
(1) to develop, market, license, sell and maintain the m-commerce platform described in Schedule “C” (the “Products”), and
(2) to engage in all such other activities, whether or not related to the Products, which the Parties may from time to time specify.
Purposes of the Joint Venture. The purposes of the Company and the rights and obligations created by this Agreement and by the Ancillary Agreements are as follows:
3.1 To conduct the Company’s Business for the benefit of the Company and the Parties;
3.2 To protect and preserve NTI Trade Secrets and NTI Intellectual Property Rights in the Territory under the terms of this Agreement and the Ancillary Agreements;
3.3 To manufacture, promote and sell Product in the Territory under the terms of this Agreement and of the Ancillary Agreements;
3.4 To provide for the implementation of the Ancillary Agreements for the benefit of the Company and the respective Parties.
Purposes of the Joint Venture. The purposes of the Joint Venture are as follows:
3.1.1. To conduct the Corporation’s Business for the benefit of the Parties;
3.1.2. To protect and preserve NTI Intellectual Property Rights together with NTI and/or NTI ASEAN Trade Secrets in the Territory under the terms of this Agreement and the Ancillary Agreements;
3.1.3. To manufacture, promote and sell Product in the Territory under the terms hereof and of the Ancillary Agreements;
3.1.4. To provide for the implementation of the Ancillary Agreements for the benefit of the respective Parties; and
3.1.5. To manufacture, promote and sell Other Agreed Upon Technologies in the Territory.
Purposes of the Joint Venture. The purposes of the Joint Venture are:
a. To acquire ownership of certain land and any improvements located at 2744 Xxx Xxxx Xxxx, Xxxxxxxxx, Xxxxxxxx Xxxxxx, Xxxxxxxxx 00000, xxd being more particularly described on Exhibit A attached hereto and incorporated herein by this reference;
b. To construct a restaurant facility and related improvements on such land;
c. To lease the land, restaurant facility and any other improvements thereon to Back Yard Burgers, Inc., a Delaware corporation, to be operated initially as a company-operated Back Yard Burgers restaurant;
d. To mortgage and otherwise encumber the land, improvements and other real property (but excluding equipment, signage, any and all restaurant and related equipment and all other items specifically belonging to the tenant) in connection with such restaurant facility on 2744 Xxx Xxxx Xxxx, Xxxxxxxxx, Xxxxxxxx Xxxxxx, Xxxxxxxxx 00000 (xxreinafter all together sometimes referred to as the "Project");
e. To sell the Project at some date in the future;
f. To otherwise own, maintain, manage, operate, lease and sell the Project or any part thereof; and
g. To do all things necessary for or incidental to the foregoing. The Joint Venture shall not engage in any other business or activity without the written consent of all Joint Venturers.
Purposes of the Joint Venture. The purposes of the Joint Venture are to:
(a) conduct the Business for the benefit of the Parties;
(b) protect and preserve the Intellectual Property Rights in the Territory under the terms of this Agreement and the Ancillary Agreements;
(c) manufacture, promote and sell Products and perform Services in the Territory under the terms hereof and of the Ancillary Agreements; and
(d) provide for the implementation of the Ancillary Agreements for the benefit of the respective Parties.
Purposes of the Joint Venture
