Waiver of objections. Each Joint Venturer shall be deemed to have waived all objections to any transaction or other facts about the operation of the Joint Venture disclosed in such balance sheet and/or statement of operations unless he or she shall have notified the managing Joint Venturer in writing of any such objections within fifteen (15) days of the date on which such statement is mailed.
Appears in 4 contracts
Samples: Joint Venture Agreement (Maxxon Inc), Joint Venture Agreement (Texxon Inc), Joint Venture Agreement (Texxon Inc)