Joint Venture Accounts definition

Joint Venture Accounts means the accounts denominated in US Dollars or Mexican currency on an accrual basis maintained by the Manager on behalf of the Joint Venturers in accordance with this agreement, including the Accounting Procedure, and containing a record of all charges and credits that are attributable to the Joint Venture consistent with standard accounting procedures, expenditure classifications and reporting formats as accepted by the Management Committee. Joint Venture Activities means all Exploration, Development, Mining, Treatment, Rehabilitation and Mine Closure activities involved in the acquisition, use, development, operation and maintenance of Joint Venture Property and all other activities, undertakings, and operations undertaken by the Joint Venturers pursuant to this agreement, but does not include the marketing or sale of Products.
Joint Venture Accounts means the management accounts in relation to the Gold Operations.
Joint Venture Accounts means the separate bank accounts to be established by the Exploration Field Manager and the Mining Field Manager pursuant to clause 18.2 in respect of each of the Exploration Joint Venture and the Mining Joint Venture.

Examples of Joint Venture Accounts in a sentence

  • For settlement purposes only, Defendant conditionally agrees and consents to certification of the Settlement Class.

  • Joint Venture: Meaning – Features – Difference between joint Venture and Consignment – Accounting Procedure – Methods of Keeping records for Joint Venture Accounts – Methods of Recording in Co-Ventures Books – interim Settlement of Accounts and Unsold stock – Separate set of books method.

  • Unit-V: Joint Venture Accounts Introduction-Differences between Joint-venture and partnership–method of Accounting – Methods of keeping records for Joint venture accounts-method of recording in co ventures books-separate set of books method-Problems.

  • Joint-stock Companies IV-V Joint Venture Accounts Liquidation and Liquidation of Joint-stock Company, (Istanbul: Printing House of the Faculty) 1961, p.

  • Inventory adjustments must be made to the Joint Venture Accounts for averages and shortages disclosed by such physical inventories.

  • Joint Venture Accounts: Meaning of joint venture; Joint venture and partnership; Accounting records.

  • Each Joint Venturer must be charged individually with the value of Joint Venture Property received or receivable by it, and corresponding credits must be made by the Manager to the Joint Venture Accounts.

  • Following the establishment of such general procedures, Rockwood and Kemira shall cooperate with each other, and shall cause the Joint Venture Companies to, fully cooperate with Kemira and provide Kemira with all such information that is required for Kemira to translate the Joint Venture Accounts as they become available into the respective IFRS Accounts.

  • No charge shall be made to the Joint Venture Accounts for moving Material to other properties belonging to the Manager, except by agreement with the Management Committee.

  • Actual expenses incurred by any Joint Venturer in securing evidence for the purpose of defending or prosecuting any action or claim or negotiating any settlement relating to the Joint Venture Accounts or the subject matter of this agreement.


More Definitions of Joint Venture Accounts

Joint Venture Accounts means the separated accounting the Operator established under Section 7.1;
Joint Venture Accounts shall have the meaning given to it in section 10.1;

Related to Joint Venture Accounts

  • Project Accounts means the Revenue Account, the Operating Account, the Maintenance Capital Expense Account, the Debt Service Reserve Account, the Insurance and Condemnation Proceeds Accounts and the Extraordinary Proceeds Account, including any sub-account within such accounts.

  • Separate Accounts means the accounts which are to be prepared for each

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Management Accounts means, in relation to any Reporting Period, the Franchisee’s management accounts which: (a) comply with paragraph 3.10 of Schedule 13 (Information and Industry Initiatives); and (b) are required to be delivered to the Secretary of State by the Franchisee in accordance with paragraphs 3.2 and 3.3 of Schedule 13 (Information and Industry Initiatives);

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Series Accounts means, collectively, the Finance Charge Account, the Principal Account, the Principal Accumulation Account, the Distribution Account, the Reserve Account and the Spread Account.

  • Cash Management Accounts means the bank accounts of each Loan Party maintained at one or more Cash Management Banks listed on Schedule 8.01.

  • Sub-Accounts means the respective Sub-Accounts of the Escrow Account, into which the monies specified in Clause 4.1 would be credited every month and paid out if due, and if not due in a month then appropriated proportionately in such month and retained in the respective Sub Accounts and paid out therefrom on the Payment Date(s).

  • Business Account means an Account used primarily for business purposes and not for personal, family, or household purposes.

  • Lock-Box Account With respect to any Mortgaged Property, if applicable, any account created pursuant to any documents relating to a Mortgage Loan or Serviced Loan Combination to receive rental or other income generated by the Mortgaged Property. Any Lock-Box Account shall be beneficially owned for federal income tax purposes by the Person who is entitled to receive the reinvestment income or gain thereon in accordance with the terms and provisions of the related Mortgage Loan or Serviced Loan Combination and Section 3.07 of this Agreement, which Person shall be taxed on all reinvestment income or gain thereon.

  • Joint Account means an Account opened in more than one name;

  • Direct Account : means any Account which is not an ISA Account.

  • Lockbox Accounts means the accounts maintained by Borrower at the Lockbox Banks into which all collections or payments on their Accounts and other Collateral are paid.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Locked Box Accounts means the unaudited accounts of the Group, consisting of a balance sheet as at the Locked Box Date in the Agreed Form;

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Cash Management Account has the meaning set forth in Section 2.7(a).

  • Project Account means the account referred to in Section 3.03 of this Agreement;

  • Subaccounts is defined in Section 8.02(a) of the Indenture.

  • Excluded Accounts means any deposit account or securities account used exclusively as (a) payroll and other employee wage and benefit accounts, (b) tax accounts, including sales tax accounts, (c) escrow, fiduciary or trust accounts, (d) zero balance accounts and (e) the funds or other property held in or maintained in any such account identified in clauses (a) through (d).

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Reserve Accounts means the Tax and Insurance Reserve Account, the Leasing Reserve Account or any other escrow account established by the Loan Documents.

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

  • Investment Account As defined in Section 3.12(a).

  • Mortgagor Accounts As defined in Section 3.07(a) of this Agreement.

  • Management Accounts Date means 30 September 2010;