RIGHTS AND DUTIES OF THE JOINT VENTURERS. 5.01 The Designated Officers from each of the Parties hereto shall have full, and complete authority and discretion in the management and control of the business of the JV for the purposes herein stated and shall make all decisions affecting the business of the JV together, but not without the agreement in advance of the other. As such, any action taken by the Designated Officers shall constitute the act of, and serve to bind, the JV. The Designated Officers shall manage and control the affairs of the JV to the best of their ability and shall use their best efforts to carry out the business of the JV. Officers designated from GSAI are: Xxxxxx Xx Xxxxx Officers designated from PREMI are: Xxxx X Xxxxxxx
RIGHTS AND DUTIES OF THE JOINT VENTURERS. Any Joint Venturer shall have complete authority and discretion in the management and control of the business of the Joint Venture for the purposes herein stated and shall make all decisions affecting the business of the Joint Venture. At such, any action taken shall constitute the act of, and serve to bind, the Joint Venture. He shall manage and control the affairs of the Joint Venture to the best of its ability and shall use its best efforts to carry out the business of the Joint Venture.
RIGHTS AND DUTIES OF THE JOINT VENTURERS. 5.01 Business of the Joint Venture. __________ shall have full, exclusive and complete authority and discretion in the management and control of the business of the Joint Venture for the purposes herein stated and shall make all decisions affecting the business of the Joint Venture. At such, any action taken shall constitute the act of, and serve to bind, the Joint Venture. __________ shall manage and control the affairs of the Joint Venture to the best of its ability and shall use its best efforts to carry out the business of the Joint Venture. __________ shall not participate inor have any control over the Joint Venture business nor shall it have any authority or right to act for or bind the Joint Venture.
RIGHTS AND DUTIES OF THE JOINT VENTURERS. 5.01 Business of the Joint Venture. Mr, Xxxx Xxxxxxx Together with Xxx. Xxxx Xxxxxx shall have full, exclusive and complete authority and discretion in the management and control of the business of the Joint Venture for the purposes herein stated and shall make all decisions affecting the business of the Joint Venture. At such, any action taken shall constitute the act of, and serve to bind, the Joint Venture. _ Mr, Xxxx Xxxxxxx Together with Xxx. Xxxx Xxxxxx shall manage and control the affairs of the Joint Venture to the best of its ability and shall use their best efforts to carry out the business of the Joint Venture.
RIGHTS AND DUTIES OF THE JOINT VENTURERS. 5.01 Business of the Joint Venture. COO (Axxxxx X. Xxxxxx) shall have full, exclusive and complete authority and discretion in the management and control of the business of the Joint Venture for the purposes herein stated and shall make all decisions affecting the business of the Joint Venture. As such, any action taken shall constitute the act of, and serve to bind, the Joint Venture. ISBG shall manage and control the affairs of the Joint Venture to the best of its ability and shall use its best efforts to carry out the business of the Joint Venture for 8 months the PHH will control its operations apart from ISBG.
RIGHTS AND DUTIES OF THE JOINT VENTURERS. 5.01 Business of the Joint Venture. shall have full, exclusive and complete authority and discretion in the management and control of the business of the Joint Venture for the purposes herein stated and shall make all decisions affecting the business of the Joint Venture. At such, any action taken shall constitute the act of, and serve to bind, the Joint Venture. shall manage and control the affairs of the Joint Venture to the best of its ability and shall use its best efforts to carry out the business of the Joint Venture. shall not participate in or have any control over the Joint Venture business nor shall it have any authority or right to act for or bind the Joint Venture. ARTICLE VI AGREEMENTS WITH THIRD PARTIES AND WITH AFFILIATES OF THE JOINT VENTURERS 6.01 Validity of Transactions. Affiliates of the parties to this Agreement maybe engaged to perform services for the Joint Venture. The validity of any transaction, agreement or payment involving the Joint Venture and any Affiliates of the parties to this Agreement otherwise permitted by the terms of this Agreement shall not be affected by reason of the relationship between them and such Affiliates or the approval of said transactions, agreement or payment.
RIGHTS AND DUTIES OF THE JOINT VENTURERS. 5.01 Business of the Joint Venture. Wien Group, Inc. shall have full, exclusive and complete authority and discretion in the management and control of the business of the Joint Venture for the purposes herein stated and shall make all decisions affecting the business of the Joint Venture. At such, any action taken shall constitute the act of, and serve to bind, the Joint Venture. Wien Group, Inc. shall manage and control the affairs of the Joint Venture to the best of its ability and shall use its best efforts to carry out the business of the Joint Venture. EXHIBIT 10.4 ARTICLE VI AGREEMENTS WITH THIRD PARTIES AND WITH AFFILIATES OF THE JOINT VENTURERS
RIGHTS AND DUTIES OF THE JOINT VENTURERS. 5.01 Business of the Joint Venture. Avra Inc. shall have full, exclusive and complete authority and discretion in the management and control of the business of the Joint Venture for the purposes herein stated and shall make all decisions affecting the business of the Joint Venture. At such, any action taken shall constitute the act of, and serve to bind, the Joint Venture. Mango Pay SRL shall manage and control the affairs of the Joint Venture to the best of its ability and shall use its best efforts to carry out the business of the Joint Venture.
5.02 Mango Pay SRL agrees that it will exclusively use the services of Avra Inc. for provision of bitcoin through their network of kiosks for a period of 1 year, provided that: · Avra Inc. continues to provide an API to Mango Pay SRL · Avra Inc. provides appropriate technical support to Mango Pay SRL · Mango Pay SRL receives all it’s due commissions in due course
5.03 Mango Pay SRL also agrees that it will not compete with the activities of the joint venture during the term of the agreement.
RIGHTS AND DUTIES OF THE JOINT VENTURERS. Business of the Joint Venture: Title: Title shall be held by Party B in the name of _. Initial Contributions: Party B has, through network sources and marketplace diligence, located and negotiated the contract for purchase of the subject property. Party A has reviewed the supporting documents, photographs and pro forma estimate of the property performance data and has agreed to provide the capital for the initial acquisition and upgrade costs at an amount not to exceed _. Such funds will be used first for closing the purchase transaction per Management: Party B shall have the exclusive duty of managing the asset during the holding period. Such management shall include, but not be limited to: Necessary property improvements and/or maintenance, marketing, interviewing, and performing background due diligence for prospective occupants, collecting monies, disbursing monies as necessary for the on-going operation including property taxes and insurance.
RIGHTS AND DUTIES OF THE JOINT VENTURERS
