Joint Venture definition

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.

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Joint Venture means any joint venture entity, whether a company, unincorporated firm, undertaking, association, joint venture or partnership or any other entity.

Joint Venture means a corporation, partnership, limited liability company or other entity in which any Person other than the Loan Parties and their Subsidiaries holds, directly or indirectly, an equity interest.

Examples of Joint Venture in a sentence

The Parties agree that any determination of FMV during the Joint Venture period shall account for: (a) the net present value of the Free Carry set forth above in Section 6 (Free Carry); and (b) the stage, uncertainties and the risk of the Assets relative to comparable projects and operations.
Schedule 5.10 (as supplemented from time to time pursuant to Section 4.4) hereto identifies the following information for each Permitted Joint Venture: jurisdiction of its organization; the percentage of issued and outstanding interests of each class of its Ownership Interests owned by the MLP, other Subsidiaries and other Persons; a description of each class of its authorized Ownership Interests and the number of interests of each class issued and outstanding.
In the event of an Ero Change of Control, so long as Vale’s Ownership Interest is equal to or greater than 30%, Vale will have the right (a “JV Partial Interest Call Right”) to acquire such portion of Ero’s then Ownership Interest at FMV (which will be determined as set out below in Section 11 (Determination of FMV during Joint Venture)) that will result in Vale holding an aggregate of up to 70% of the Ownership Interests.
In determining the FMV of the Ownership Interest, the Appraiser shall be required to consider the items set out in paragraphs (a) and (b) above in this Section 11 (Determination of FMV during Joint Venture).
The Joint Venture will take an incorporated form, conducted by way of the JV Company.

More Definitions of Joint Venture

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 means any Person that is not a direct or indirect Subsidiary of the Company in which the Company or any of its Restricted Subsidiaries makes any Investment.

Joint Venture means, with respect to any Person, any partnership, corporation or other entity in which up to and including 50% of the Equity Interests is owned, directly or indirectly, by such Person and/or one or more of its Subsidiaries.

Joint Venture means an association of a MBE or WBE firm and one or more other firms to carry out a single, for-profit business enterprise, for which each joint venture partner contributes property, capital, efforts, skills and knowledge, and in which the MBE or WBE is responsible for a distinct, clearly defined portion of the work of the contract and whose share in the capital contribution, control, management, risks, and profits of the joint venture are commensurate with its ownership interest.

Joint Venture means the group of entities which have come together for implementation of this Project;

Joint Venture means the joint venture or partnership arrangements (other than between the Company and the OP) in which the Company or the OP or any of their subsidiaries is a co-venturer or general partner which are established to own Properties.

Joint Venture means any joint venture or similar arrangement (in each case, regardless of legal formation), including but not limited to collaboration arrangements, profit sharing arrangements or other contractual arrangements.