The Joint Venture Company Sample Clauses

The Joint Venture Company. Prior to Closing, the Joint Venture Company will have been formed as a limited liability company, and immediately prior to closing, the Joint Venture Company will be validly existing and in good standing under the laws of the State of Delaware.
Sample 1Sample 2
AutoNDA by SimpleDocs
The Joint Venture Company. (i) The parties to the DJVA agreed to combine their respective resources and collaborate with each other in undertaking the carrying out of the construction, development and the completion of the residential properties through the means of a joint arrangement via the formation of Premier Baycity, the Joint Venture Company. The shares of the Joint Venture Company shall be held by Premier Gesture and Baycity Park in the proportions of 51% and 49% respectively. (ii) In order to facilitate the application and issuance of the developer license in favour of Premier Baycity pursuant to the Housing Development (Control & Licensing) Xxx 0000, Premier Gesture shall, as soon as practicable, upon the fulfillment of all the conditions precedent in the DJVA, increase or caused to be increased the paid-up capital of Premier Baycity to Ringgit Malaysia: Two Hundred and Fifty Thousand (RM250,000.00) made up of 250,000 ordinary shares at RM1.00 per ordinary share in order for the developer license to be issued. All costs incurred for such increase of capital shall be part of the development project expenditure.
Sample 1
The Joint Venture Company. THE JOINT VENTURE COMPANY 3.1. JVCO shall be incorporated by Cremonini under the name of Road House Grill Europe in the most appropriate jurisdiction as set forth in the definition of JVCO. BY-LAWS/ARTICLES OF ASSOCIATION 3.2. Upon incorporation of the JVCO, Cremonini as sole Shareholder shall: 3.2.1 adopt the By-laws/Articles of Association of the JVCO in the appropriate form for the corporate type and jurisdiction agreed to by and between the parties and in a text containing to the extent possible the term and conditions set forth in the Agreement and in the Shareholders' Agreement. The Parties hereby agrees that duration of the JVCO shall be perpetual; it being understood and agreed that, if a perpetual duration is not permissible under applicable law, then the duration of the JVCO shall be automatically reduced to the maximum duration permitted under such applicable law; and 3.2.2 fix the fiscal year of the JVCO to end on December 31 of each year. AUTHORIZED SHARE CAPITAL 3.3. The initial authorized capital of the JVCO shall be the equivalent of Lit 5,000,000,000 (five billion) divided into a certain number of Shares based on the par value as determined upon incorporation. VOTING SHARES 3.4. The Shares shall be common shares entitling the owner thereof to one vote per Share.
Sample 1
The Joint Venture Company s fiscal year shall commence on January 1 and end on December 31 of each year.
Sample 1
The Joint Venture Company. 4.1 The Name of the Joint Venture Company The Chinese name of the Joint Venture Company shall be ____________________________. The English name of the Joint Venture Company shall be Hebei United Telecommunications Engineering Co. Limited. The legal location of the Joint Venture Company is 00 Xxxxxx Xxxxxx, Xxxxxxxxxxxx, Xxxxx Xxxxxxxx, XXX. The Joint Venture Company must be registered at Industry and Commerce Administration and Management Bureau. 4.2 None Joint Venture party can use its parent company and other related company's trademark and logo without a written agreement from other Joint Venture parties.
Sample 1
The Joint Venture Company. The Joint Venture Company is a limited liability partnership organized under the Limited Liability Partnership Act of 2005 (No. 5 of 2005) of Singapore, as amended from time to time (the “Act”), and governed by the terms and conditions set forth in this Agreement. The Joint Venture Company is a limited liability partnership as a result of the lodging by each of Micron Singapore and Intel Singapore of a statement in accordance with Section(15)(i) of the Act with the Registrar of Limited Liability Partnerships (the “Registrar”) and the issuance of the notice of registration (the “Certificate”).
Sample 1
The Joint Venture Company. 4.1 As soon as practically possible after the approval of the relevant Board of Directors, the parties shall procure the incorporation of a private company limited by shares under the laws of BVI. 4.2 The JVC shall on incorporation, have an authorized capital to be determined and agreed by the parties subject to a business and financial plan to be finalized after the initial pilot test on 1st March, 2001. 4.3 The JVC's Memorandum and Articles of Association shall be as agreed to by and between the parties subject however to the provisions hereof and with such modifications as the parties may from time to time agree in writing.
Sample 1
AutoNDA by SimpleDocs
The Joint Venture Company 
Sample 1Sample 2Sample 3See All (7)

Related to The Joint Venture Company

  • Partnerships and Joint Ventures No Loan Party shall become a general partner in any general or limited partnership or a joint venturer in any joint venture.

  • Joint Venture, Consortium or Association 6.1 If the Supplier is a joint venture, consortium, or association, all of the parties shall be jointly and severally liable to the Procuring Entity for the fulfilment of the provisions of the Contract and shall designate one member of the joint venture, consortium, or association to act as a leader with authority to bind the joint venture, consortium, or association. The composition or the constitution of the joint venture, consortium, or association shall not be altered without the prior written consent of the Procuring Entity.

  • 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.

  • Subsidiaries and Joint Ventures Create, acquire or otherwise suffer to exist, or permit any Subsidiary of such Borrower to create, acquire or otherwise suffer to exist, any Subsidiary or joint venture arrangement not in existence as of the date hereof, except in connection with a Permitted Acquisition.

  • Subsidiaries, Partnerships and Joint Ventures Each of the Loan Parties shall not, and shall not permit any of its Unregulated Subsidiaries to, own or create directly or indirectly any Subsidiaries other than (i) any Subsidiary which is a Regulated Entity, (ii) any Subsidiary which is an Inactive Subsidiary of the Borrower, (iii) Conserve to Preserve Foundation, a non-profit corporation organized under the laws of the State of New Jersey, (iv) any Subsidiary which has joined this Agreement as Guarantor on the Closing Date, (v) any Project Subsidiary, and (vi) any Subsidiary formed after the Closing Date which joins this Agreement as a Guarantor pursuant to Section 11.19 [Joinder of Guarantors]. Each of the Loan Parties shall not become or agree to (1) become a general or limited partner in any general or limited partnership, except that the Loan Parties may be general or limited partners in other Loan Parties, (2) become a member or manager of, or hold a limited liability company interest in, a limited liability company, except that the Loan Parties may be members or managers of, or hold limited liability company interests in, other Loan Parties, or (3) become a joint venturer or hold a joint venture interest in any joint venture, except in each case in respect of a Permitted Related Business Opportunity.

  • Partnership The Partnership shall be given days’ notice to purchase the ownership interest under the same terms agreed upon by the potential buyer.

  • Joint Ventures The joint venture or partnership arrangements in which the Company or the Partnership is a co-venturer or general partner which are established to acquire or hold Assets.

  • 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.

  • Not a Joint Venture Nothing in the Contract shall be construed as creating or constituting the relationship of a partnership, joint venture, (or other association of any kind or agent and principal relationship) between the parties thereto. Each party shall be deemed to be an independent contractor contracting for goods and services and acting toward the mutual benefits expected to be derived herefrom. Neither Contractor nor any of Contractor's agents, servants, employees, subcontractors or contractors shall become or be deemed to become agents, servants, or employees of the State. Contractor shall therefore be responsible for compliance with all laws, rules and regulations involving its employees and any subcontractors, including but not limited to employment of labor, hours of labor, health and safety, working conditions, workers' compensation insurance, and payment of wages. No party has the authority to enter into any contract or create an obligation or liability on behalf of, in the name of, or binding upon another party to the Contract.

  • Joint Venture Nothing contained in the Agreement shall be construed as creating a joint venture, partnership, agency or employment relationship between Plan and Controlled Affiliate or between either and BCBSA.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!