Construction Joint Venture definition

Construction Joint Venture means an investment made in the ordinary course of business in connection with joint ventures (including legal entity joint ventures) or a similar pooling of efforts in respect of a specific project or series of related specific projects for a limited or fixed duration which is formed to conduct business of the type in which any Loan Party is presently engaged and which procures the services necessary to conduct its business (other than incidental services) through the owners of such joint venture or pooling of efforts or through subcontractors to the owners of such joint venture.
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Construction Joint Venture means the unincorporated joint venture between Obayashi and Transfield Construction;
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Examples of Construction Joint Venture in a sentence

  • Beamush and Berdrow (2003) have established that more than 50% of IJVs in developing countries alone fail and over 30% fail in developed countries with 70- 80% of proposed joint ventures never even getting off the ground (CISIBIS, 1997).The objective of this study is to assess from literature the potential risks to an International Construction Joint Venture in Ghana.

  • All rights are reserved, Derech Eretz Highways, Derech Eretz Construction Joint Venture and Tadiran Telematics.

  • Maliakos – Kleidi Construction Joint Venture was in direct contact and cooperation with the competent archaeological authorities during the Project.

  • The Construction Joint Venture monitors the noise emitted during the entire construction process, in order to ensure compliance with the applicable noiselevels provided by the law and in the event of exceeding the limits all required measures are taken.Finally, it has to be noted that, due to the reduction of the construction pace and the suspension of the works (01/2011), the noise production was significantly reduced, up to zero.

  • The designs are prepared by the Construction Joint Venture and are submitted to the Concessionaire in order to promote them for approval to the Owner of the Project (Egnatia Odos SA) and the department of YPEKA, i.e. the Special Environment Agency (EYPE).

  • In order such vast agreement to be fulfilled, the company has signed more than 50 agreements till today, including the construction contract with Construction Joint Venture and the numerous other detailed financing agreements with the Lenders of the project (Gefyra S.A., n.d.).

  • Therefore, it is clear from the above discussion of related literature that a better understanding of factors that effecting and influencing on how knowledge in International Construction Joint Venture (ICJV) projects is transferred and adopted is needed.

  • According to the Concession Agreement and the Design – Construction Contract, Construction Joint Venture is responsible for the execution of archaeologicalinvestigations pursuing a recommendation by the pertinent archaeological service.Works in the positions indicated in the Concession Agreement (article 13.1) and where there is a great potential of Antiquities being revealed have commenced.

  • The Councils and Sponsors are now reaching final negotiations with the proposed EPC Construction Joint Venture.

  • Working with individuals, she helps Amisk with recruitment and contracts and has found her experience to be very worthwhile.Bev Wastesicoot started with Amisk Construction Joint Venture in November.

Related to Construction Joint Venture

  • Company Joint Venture means, with respect to the Company, any corporation or other entity (including partnerships, limited liability companies and other business associations and joint ventures) in which the Company, directly or indirectly, owns an equity interest that does not have voting power under ordinary circumstances to elect a majority of the board of directors or other person performing similar functions but in which the Company has rights with respect to the management of such Person.

  • Joint Venture” - (Project means two or more businesses joining together under a contractual agreement to conduct a specific business enterprise with both parties sharing profit and losses. The venture is for one specific project only, rather than for a continuing business relationship as in a strategic alliance. It is about sharing risk with others and providing one or more missing and needed assets and competencies.

  • consortium or joint venture means an association of persons for the purpose of combining their expertise, property, capital, efforts, skill and knowledge in an activity for the execution of a contract;

  • Permitted Joint Venture means, with respect to any specified Person, a joint venture in any other Person engaged in a Similar Business in respect of which the Borrower or a Restricted Subsidiary beneficially owns at least 35% of the shares of Equity Interests of such Person.

  • Eligible joint venture means an association of one or more small business enterprises in combination with one or more veteran-owned business enterprises, proposing to perform as a single for-profit business enterprise, in which each joint venture partner contributes property, capital, efforts, skill and knowledge. Joint ventures must have an agreement in writing specifying the terms and conditions of the relationship between the partners and their respective roles in the contract.

  • Permitted Joint Ventures means one or more joint ventures formed (a) by the contribution of some or all of the assets of the Company’s or a Permitted Affiliate Parent’s business solutions division pursuant to a Business Division Transaction to a joint venture formed by the Company, a Permitted Affiliate Parent or any of the Restricted Subsidiaries with one or more joint venturers and/or (b) for the purposes of network and/or infrastructure sharing with one or more joint venturers.

  • Joint Venture means a joint venture, partnership or other similar arrangement, whether in corporate, partnership or other legal form; provided, in no event shall any corporate Subsidiary of any Person be considered to be a Joint Venture to which such Person is a party.

  • Joint Venture (JV means an association with or without a legal personality distinct from that of its members, of more than one Consultant where one member has the authority to conduct all business for and on behalf of any and all the members of the JV, and where the members of the JV are jointly and severally liable to the Procuring Entity for the performance of the Contract.

  • Joint Venture Agreement has the meaning set forth in the Recitals.

  • Construction Plant means appliances, machinery with necessary supply to up keep and maintenance of the works or temporary works but dose not include materials or other things intended to form part of the permanent work.

  • Construction Agreement means the proposed building agreement between the Company and a proposed builder substantially in the form of the draft agreement a copy of which has been signed on behalf of the Authority and the Company for the purposes of identification;

  • Venture means any group of two or more persons associated in fact, whether or not a legal entity.

  • Construction Agreements means agreements to which Tenant is a party for Construction Work, rehabilitation, alteration, repair, replacement or demolition performed pursuant to this Lease.

  • Construction Service Agreement means either an Interconnection Construction Service Agreement or an Upgrade Construction Service Agreement.

  • Joint Venture Entity means any Joint Venture, any Wholly-Owned Subsidiary of a Joint Venture or any JV Subsidiary.

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Construction Services Agreement (CSA) means the Construction Services Agreement, together with any duly authorized and executed amendments hereto.

  • Joint Venture Agreements means the Organization Documents of any Joint Venture existing from time to time.

  • Infrastructure project means any activity related to the construction, alteration, maintenance, or repair of infrastructure in the United States regardless of whether infrastructure is the primary purpose of the project. See also paragraphs (c) and (d) of 2 C.F.R. 184.4.

  • Permitted Joint Venture Investment means, with respect to an Investment by any specified Person, an Investment by such specified Person in any other Person engaged in a Permitted Business (a) over which the specified Person is responsible (either directly or through a services agreement) for day-to-day operations or otherwise has operational and managerial control of such other Person, or veto power over significant management decisions affecting such other Person and (b) of which at least 30% of the outstanding Equity Interests of such other Person is at the time owned directly or indirectly by the specified Person.

  • Construction management contract means a contract in which a party is retained by the owner to

  • Joint Venture Company means any Subsidiary of the Company or any other Person of which 50% or less than 50% of the outstanding Voting Stock or participation is held by the Company or its Subsidiaries, whose Equity Interest is held directly or indirectly by the Company and one or more third parties that are not Affiliates of the Company for the purpose of directly or indirectly bidding new projects, including such Subsidiaries or Persons of the Company whose activities are governed by a joint venture agreement with one or more third parties that are not Affiliates of the Company.

  • Joint Operating Agreement (JOA) means the operating and participating agreement between the Parties constituting the Contractor that governs their operational activities, obligations and responsibilities under this Contract,

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Consortium Agreement means this consortium agreement as well as the pre-amble and all annexes hereto;

  • Construction Management Agreement means the Construction Management Agreement, dated as of the date of the Common Agreement, between Construction Manager and the Project Company.