Approved Joint Venture means a joint venture between M/WBEs and non-M/WBEs, or SDVOBEs and non- SDVOBEs, which has been established for the purpose of participation on a particular contract, where:
Approved Joint Venture means a joint venture, as defined above, which has been approved by MassDOT’s Prequalification Office and Office of Civil Rights for DBE participation on a particular Contract.
Approved Joint Venture means any joint venture organized for the purpose of developing the Property, in which the Limited Guarantor or any of its Subsidiaries is a partner or joint venturer and which has been consented to by the Administrative Agent (it being understood and agreed that the Administrative Agent shall review promptly and in good faith and reasonably consider any joint venture documents and information presented to it by the Loan Parties but shall have no obligation to consent to any such joint venture).
Examples of Approved Joint Venture in a sentence
ChinaNorsk Hydro: Chinese Competition Authorities have Approved Joint Venture in Aluminium SolutionsThe Chinese Competition Authorities (MOFCOM) have approved the closing of the transaction whe- reby Hydro and Orkla will have 50/50 ownership of the planned joint venture.
The A-E shall possess extensive knowledge in the functional areas of civil engineering, mechanical engineering, electrical engineering, cost engineering, and construction testing and inspections.NOTE: We are a SBA Approved Joint Venture (JV) formed under the All Small SBA Mentor Protégé Program, where the large business partner is the Mentor and JV partner and retains most of the experience and personnel.
An application for Approved Joint Venture status may be made at any time.
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More Definitions of Approved Joint Venture
Approved Joint Venture means a joint venture between a M/WBE(s) and a non-M/WBE(s), which has been established for the purpose of participation on a particular contract, where:
Approved Joint Venture means such company or legal entity in respect of which (i) no more than “***” nor less than “***” of whose voting rights of each class of shares is now or hereafter directly owned or controlled by Licensee, and (ii) Licensee shall have notified CDT, in writing, that Licensee wishes such company or legal entity to be treated as a licensee under the terms of this Agreement.
Approved Joint Venture means (a) any entity which satisfies all the requirements of the last sentence of this paragraph, or (b) any other entity in which the Company has an Investment in Joint Venture for which for which (A) the Company acts as managing partner or similar manager, as applicable, (B) the Administrative Agent for the benefit of the Lenders has received guaranty agreements or other undertakings satisfactory to the Administrative Agent in an aggregate amount not less than the full amount of any Letter of Credit issued on account of such entity, and (C) such entity satisfies the following conditions to the satisfaction of the Administrative Agent and the Required Lenders (i) review and approval by the Administrative Agent of financial statements and financial condition of such partner or partners, including confirmation of the absence of any borrowings by such entity (other than purchase money seller financing in an amount not to exceed the purchase price of any undeveloped real property), (ii) review and approval by the Administrative Agent of articles of incorporation of such partner or partners, joint venture agreement or partnership agreement or other evidence of the Company's ownership interest in such entity, (iii) execution and delivery to the Administrative Agent of an application and agreement for standby letter of credit for such entity in form satisfactory to the Administrative Agent, (iv) review and approval by the Administrative Agent of resolutions or other indicia of authority for those persons signing on behalf of such entity, (v) execution and delivery of a guaranty agreement in form acceptable to the Administrative Agent by each of the partners or owners in such entity, (vi) review and approval by the Administrative Agent of resolutions or other indicia of authority of those persons executing such guaranty agreements, (vii) review and approval by the Administrative Agent of any other documents, instruments or agreements deemed necessary by the Administrative Agent with respect to the issuance of such Letters of Credit in respect of such entity or the other partner or owner therein, and (viii) evidence that all of the real property owned by such entity is located in the State of Ohio or any state contiguous thereto. The Administrative Agent and each Lender stipulate that until the Administrative Agent gives the Company notice to the contrary, any limited liability company, partnership or joint venture (a) in which (i) the Company and (ii) M/I Schotte...
Approved Joint Venture means (a) any Person (i) in which (A) the Company or any Restricted Subsidiary and (B) M/I Schottenstein Homes, Inc., Homewood Corporation, Rockford Homes, Inc. or Xxxxxx Investment Company (or any combination thereof) are the sole owners or partners, (ii) for which the Company or any Restricted Subsidiary has guaranteed in full or is otherwise liable for the entire amount of all Letters of Credit issued on behalf of such Person, and (iii) for which the Company or a Restricted Subsidiary acts as managing partner or similar manager, as applicable, or (b) any other Person in which the Company or any Restricted Subsidiary has an Investment in Joint Venture for which (i) the Company or any Restricted Subsidiary acts as managing partner, manager or similar controlling Person, as applicable, (ii) the Senior Administrative Agent for the benefit of the Lenders has received guaranty agreements or other undertakings satisfactory to the Senior Administrative Agent in an aggregate amount not less than the full amount of any Letter of Credit issued on account of such entity, and (iii) such entity satisfies the following conditions to the satisfaction of the Senior Administrative Agent and the Required Lenders: (A) the Senior Administrative Agent shall have reviewed and approved the financial statements and financial condition of the other partners, investors, shareholders or members as the case may be, in such joint venture, including confirmation of the absence of any borrowings by such Person (other than purchase money seller financing in an amount not to exceed the purchase price of any undeveloped real property), (B) the Senior Administrative Agent shall have reviewed and approved the Constituent Documents or other evidence of the Company’s or its Restricted Subsidiary’s ownership interest in such Person, (C) such joint venture shall have executed and delivered to the Senior Administrative Agent an application and agreement for standby Letter of Credit for such entity in form satisfactory to the Senior Administrative Agent, (D) the Senior Administrative Agent shall have reviewed and approved resolutions or other indicia of authority for those persons signing on behalf of such Person, (E) execution and delivery of a guaranty agreement in form acceptable to the Senior Administrative Agent by each of the partners or owners in such entity, (F) the Senior Administrative Agent shall have reviewed and approved resolutions or other indicia of authority of those persons exe...
Approved Joint Venture means the joint venture between, Shell EP Offshore Ventures Limited, and Frontier Drillships described in that certain Joint Venture Agreement dated October 11, 2007;
Approved Joint Venture means any entity that is not an Affiliate but, with respect to a Party, i) at least 40% of the voting securities or ownership interests of such entity are owned directly or indirectly through one or more Affiliates, by such Party; and ii) the effective control and management of matters of intellectual property pertaining to such entity exclusively belong directly, or indirectly through one or more Affiliates, to such Party. For purposes of the forgoing, control and management of matters of intellectual property shall include, but not be limited to, the exclusive right to select and appoint a chief technology officer, a dedicated board seat with the authority to control the outcome of unanimous decisions relating to intellectual property and confidentiality protections of the same.
Approved Joint Venture has the meaning given such term in the Existing Credit Agreement.