Joint Business definition

Joint Business means the contractual joint venture operated pursuant to that certain Agreement, dated August 17, 1989, between Ortho-Clinical Diagnostics, Inc. (as successor-in-interest to Ortho Diagnostics Systems, Inc.) and Novartis Vaccines and Diagnostics, Inc. (as successor-in-interest to Chiron Corporation), as amended.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Joint Business. Any Contract sold by General Agent or Broker-Dealer in conjunction with any other person authorized to sell the Contracts shall be considered as joint business and, unless otherwise agreed to by Manulife USA, the amount of the compensation due on the Payments accepted under that Contract shall be apportioned equally among each participant in the sale. General Agent or Broker-Dealer shall provide Manulife USA with written notice of any such joint business and of the existence of any agreement among participants for unequal apportionment of compensation.

Joint Business. Any Contract sold by General Agent or Broker-Dealer in conjunction with any other person authorized to sell the Contracts shall be considered as joint business and, unless otherwise agreed to by ▇▇▇▇ ▇▇▇▇▇▇▇ USA, the amount of the compensation due on the Payments accepted under that Contract shall be apportioned equally among each participant in the sale. General Agent or Broker-Dealer shall provide ▇▇▇▇ ▇▇▇▇▇▇▇ USA with written notice of any such joint business and of the existence of any agreement among participants for unequal apportionment of compensation. Prohibition Against Rebates. General Agent and Broker-Dealer shall not, and shall cause the Agents not to, rebate, offer to rebate or withhold any part of any payments due on the Contracts. If General Agent, Broker-Dealer or any Agent shall at any time induce or endeavor to induce any owner of any Contract to discontinue payments or to relinquish any such Contract, except under circumstances where there is reasonable grounds for believing the Contract is not suitable for such person, ▇▇▇▇ ▇▇▇▇▇▇▇ USA shall forthwith cease paying any and all compensation that would otherwise be due General Agent or Broker-Dealer under this Agreement.

Examples of Joint Business in a sentence

• Additional joint owners are owners on all accounts except IRAs. Rights of Joint Business Account Owners.

• From the date such notice is effectively delivered, such greater or lesser frequency will apply and the first following PR Due Date will be the date agreed between the parties or, in the absence of such agreement, the first Joint Business Day occurring on or immediately following the date such notice is effective.

• Joint Business Council of Indian and Hungarian companies, set up in 1979 under an agreement between FICCI and Hungarian Chamber of Commerce, undertakes promotion of direct contact between private business parties.

• Accordingly, as an example, if ▇▇▇▇▇▇▇▇ has a LIBOR Rate Loan with a one month Interest Period ending on June 15 and wants to continue the LIBOR Rate Loan with a two month Interest Period, Borrower must deliver to the Bank an appropriate Notice of Continuation by no later than 2:00 p.m. (Eastern Standard Time) on June 13 (assuming that June 13 is a New York Business Day and June 14 and 15 are Joint Business Days).

• The general principles of the Joint Business Plan of Enterra, ▇▇▇ and JMG reflect the circumstance that Enterra is a royalty trust whose primary purpose is providing an income stream to its unitholders, ▇▇▇ is an oil and gas development company and JMG is an oil and gas exploration company.

• All other Incentives in your Joint Business Incentive Agreement remain unchanged, and all contractual terms remain in effect.

• Such Notice of Continuation, however, will be effective two (2) Joint Business Days from the date it is received (or deemed to be received) by the Bank.

• The parties have identified three activities as the key aspects of the Alliance: Joint Marketing; Joint Business Development; and Joint Solution Delivery and Capability Development.

• In connection with the parties' Joint Business Development activities, the parties will review and consider enhancements to the prototype they previously developed, and each party will train at least eight people in advance of demand on each party's products and services.

• You must not disclose the Confidential Information and in particular the pricing or fares of a Carrier to another Carrier that is not a Carrier Affiliate or Immunized Joint Business Partner of that Carrier, without the prior written consent of the relevant Carrier.

More Definitions of Joint Business

Joint Business. Any Contract sold by General Agent or Broker-Dealer in conjunction with any other person authorized to sell the Contracts shall be considered as joint business and, unless otherwise agreed to by The Company, the amount of the compensation due on the Payments accepted under that Contract shall be apportioned equally among each participant in the sale. General Agent or Broker-Dealer shall provide The Company with written notice of any such joint business and of the existence of any agreement among participants for unequal apportionment of compensation. Prohibition Against Rebates. General Agent and Broker-Dealer shall not, and shall cause the Agents not to, rebate, offer to rebate or withhold any part of any payments due on the Contracts. If General Agent, Broker-Dealer or any Agent shall at any time induce or endeavor to induce any owner of any Contract to discontinue payments or to relinquish any such Contract, except under circumstances where there is reasonable grounds for believing the Contract is not suitable for such person, The Company shall forthwith cease paying any and all compensation that would otherwise be due General Agent or Broker-Dealer under this Agreement.