Examples of Existing JV in a sentence
Schedule 4.28 hereto accurately lists (i) the number of shares of each class of Equity Interests authorized for each Existing JV and (ii) the number and the percentage of the outstanding shares of each class of Equity Interests of each Existing JV held by each interest holder in each Existing JV.
No Loan Party has any obligation under any JV Document to make additional capital contributions to or any other Investment in either Existing JV.
The Defaulting Owner warrants to the Non-Defaulting Owner that it has good title to the assets to be transferred free from any Security Interest, pre-emptive rights, and other third party rights (other than a Cross Charge, a Permitted Security Interest and any Existing JV Arrangements).
It is intended that (except as contemplated by this Agreement or any other Transaction Document, or required by Existing JV Arrangements), the activities of the Rio Tinto Group and the BHP Billiton Group falling within this scope should be conducted only through the WA Iron Ore JV.
Subject to any Existing JV Arrangements or any other infrastructure arrangements, the Manager will be authorised on behalf of the Owners and the JV Entities to conduct any negotiations with those third parties as to the terms of access to any JV Tenements.
Other than the requirement of Parent to make a capital contribution in the amount of $500,000 to the Illinois Joint Venture on January 20, 2013 for the purchase of a boiler for use on the Pekin, Illinois Real Property owned by the Illinois Joint Venture, No Loan Party has any obligation under any JV Document to make additional capital contributions to or any other Investment in either Existing JV.
The parties recognise, however, that Existing JV Arrangements and Pre-existing Customer Contracts mean that variations to such proportionate entitlement to purchase each Product Type will be necessary, as provided in this clause 6.
The Company shall, subject to timely receipt of any required financial information from Transworld, furnish Buyer with monthly unaudited balance sheets and income statements for the Company and the Existing JV within 15 days after the close of each calendar month commencing with the month of August, 1996 until Closing.
Each Grantor hereby represents and warrants that the Excluded Property, with the exception of the Existing JV, when taken as a whole, is not material to the business operations or financial condition of the Grantors, taken as a whole.
BACKGROUND The Group and the Seller Group had previously entered into the Existing Shareholders’ Agreement whereby the Group and the Seller Group would hold the shareholding interests in the Existing JV as to 70% and 30%, respectively.