Equity Joint Venture Company definition

Equity Joint Venture Company means the Company, that at Closing will be transformed from a WFOE into a Chinese foreign equity joint venture enterprise referred to as in Section ‎5 of this Agreement, held jointly by Party A and by Party B, and operated by the Parties pursuant to the provisions of this Agreement.
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Examples of Equity Joint Venture Company in a sentence

  • In addition, pre-sale consent has already been obtained and it is expected that the Equity Joint Venture Company can start to sell the units in the Commercial Building in the near future.

  • It is the current intention of the Equity Joint Venture Company to sell all the units in the Commercial Building.

  • However, according to the legal opinion dated 23 May, 2006 issued by a PRC law firm to the Company and the Equity Joint Venture Company, the Equity Joint Venture Company is in possession of the beneficial ownership in the Property and the right to develop the Property.

  • FINANCIAL EFFECT OF THE ACQUISITION As a result of the Acquisition, the Group will acquire a 9.6% effective interest in the registered capital of the Equity Joint Venture Company through its investment in Honour Ahead which will be treated as an associated company of the Group.

  • THE PROPERTY AND THE COMMERCIAL BUILDING The sole asset of the Equity Joint Venture Company is the benefit of, in and under the Land Transfer Agreements, under which the Equity Joint Venture Company has the right to develop the Property.

  • Its sole asset is its holding of 20% of the registered capital of the Equity Joint Venture Company.

  • The PRC lawyers have reviewed the relevant legal documents provided by the Equity Joint Venture Company and all relevant parties including PRC government authorities and opined that a new land use rights certificate will be issued by the relevant PRC government authorities in accordance with the PRC laws and regulations and upon completion of the relevant legal procedures.

  • The PRC lawyers have reviewed the relevant legal documents provided by the Equity Joint Venture Company and all relevant parties including PRC government authorities and opined that a new land use rights certificate will be issued by the relevant PRC government authorities in accordance with the PRC laws and regulations and upon completion of the relevant legal procedures.The Developer is currently constructing the Commercial Building on behalf of the Company.

  • It is currently intended that construction cost will be financed through bank loans of the Equity Joint Venture Company and, or, proceeds from pre-sales of the Commercial Building.

  • It is the current intention of the Equity Joint Venture Company to sell all the units in the Commercial Building.The Directors believe that the terms of transaction are fair and reasonable and are in the interests of the shareholders of the Company as a whole.Information on the CompanyThe Company is an investment holding company.

Related to Equity Joint Venture Company

  • 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.

  • Company Joint Venture means any corporation or other entity (including partnership, limited liability company and other business association) that is not a Company Subsidiary and in which the Company or one or more Company Subsidiaries owns an equity interest (other than equity interests held for passive investment purposes which are less than 5% of any class of the outstanding voting securities or other equity of any such entity).

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

  • Equity Ownership means the percentage ownership and control, exercised by individuals within an enterprise.

  • Joint Ventures means the joint venture or partnership or other similar arrangements (other than between the Company and the Operating Partnership) in which the Company or the Operating Partnership or any of their subsidiaries is a co-venturer, limited liability company member, limited partner or general partner, which are established to acquire or hold Investments.

  • 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.

  • Joint Venture Agreement means, for any Joint Venture, any stockholder agreement, voting trust agreement, limited liability company agreement, operating agreement or other similar agreement related to the ownership of the Equity Interests of such Joint Venture having ordinary voting power for the election of directors or other governing body of such Joint Venture among the owners of such Equity Interests.

  • Joint Venture Agreements means, collectively any agreement which establishes a Joint Venture and any governing documents related thereto.

  • Equity Owner means the direct or indirect owner of an Equity Interest. “Expiration Date” has the meaning set forth in Section 3.

  • 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.

  • Joint Venture Subsidiary means a Subsidiary of the Company or any of its Subsidiaries that has no assets and conducts no operations other than its ownership of Equity Interests of a Joint Venture.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Combined Company means Holdco and its consolidated subsidiaries after giving effect to the Business Combination.

  • Partnership has the meaning set forth in the Preamble.

  • Wholly-Owned Consolidated Subsidiary means any Consolidated Subsidiary all of the shares of capital stock or other ownership interests of which (except directors' qualifying shares) are at the time directly or indirectly owned by the Company.

  • JV Entity means any joint venture of the Borrower or any Restricted Subsidiary that is not a Subsidiary.

  • Operating Subsidiaries means, collectively, the Corporation and HST, each a wholly-owned subsidiary of the Trust, and "Operating Subsidiary" means either of the Corporation or HST, as applicable.

  • 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.

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • 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.

  • Operating Subsidiary means a majority-owned subsidiary of a financial

  • Acquisition Subsidiary shall have the meaning set forth in the Preamble.

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

  • Operating Companies shall have the meaning specified in the recitals to this Agreement.