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.
Joint Venture Company shall have the meaning set forth in the preamble to this Agreement.
Joint Venture Company means a company which—
Examples of Joint Venture Company in a sentence
In cases where the contract is with a Joint Venture Company (JVC) or a Special Purpose Vehicle (SPV) company, which may have two or more parent companies and which may not be adequately capitalised or have sufficient financial strength on its own to support the risk and obligations it has under the contract, ‘joint and several’ guarantees / indemnities from the parent companies of the JVC or SPV may be sought.
The consolidated financial results represent results of the Company, its subsidiaries, Employee Welfare Trust and its share in Joint Venture Company accounted for by Equity Method as prescribed in IND AS.
In the case of any Third Party Claim where the Indemnifying Party reasonably believes that it would be appropriate to settle such Third Party Claim using equitable remedies (i.e., remedies involving the future activity and conduct of the Joint Venture Company), the Indemnifying Party and the Indemnified Party shall work together in good faith to agree to a settlement; provided, however, that no Party shall be under any obligation to agree to any such settlement.
On January 20, 2017, 6WIC entered into a Minerals Extraction Joint Venture Company Agreement with TriLateral Energy, LLC (“TLE”).
The Joint Venture Company is named ‘North East Transmission Company Limited’.
More Definitions of Joint Venture Company
Joint Venture Company means IM Flash Technologies, LLC, a Delaware limited liability company that is the subject of the Joint Venture Documents.
Joint Venture Company means a company in which the Government and a former owner invest and participate together;
Joint Venture Company means either IMI or MeiYa, as the context dictates.
Joint Venture Company or "JVC" means the cooperative joint venture company established by the Parties pursuant to Chapter 4 herein. "Management Committee" means the committee established pursuant to Article 31 hereunder. "Operating Activities" means all operation and business activities of the JVC, including feasibility studies and construction of processing plants. "Parties" means Party A and Party B as well as their successors and permitted assigns, and "Party" means either party. "Phase I", "Phase II" "Phase III"-or "Phases" shall have the meaning defined in Article 20 hereunder. "PRC" means the People's Republic of China. "Products" means graphite products, by-products and other related products produced by the JVC. "Province" means the province of Heilongjiang. "Share Interest" means a Party's percentage of share interest in the JVC, in the case of Party A, 20% of shares in the capital of the JVC and, in the case of Party B, 80% of shares in the capital of the JVC, as adjusted from time to time. "Subsidiaries" means any individual, partnership, joint venture, companies or any other business entities controlled directly or indirectly by a Party. "Term" means the Term of the JVC as defined in Article 18 herein. "Total Investment" means the total investment by the Parties as referred to in Article 19 herein. "Work Days" means all the days in a year less Saturdays, Sundays and the Chinese Statutory Holidays.
Joint Venture Company means TC LNG Shipping LLC, a limited liability company formed in the Xxxxxxxx Islands, with its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Xxxxxxxx Xxxxxxx XX00000.
Joint Venture Company or "JVC" means the cooperative joint venture company established by the Parties pursuant to Chapter 4 herein. "Minerals" means all base and precious metals, industrial minerals that are discovered or are present within the Exploration Areas. "Mining" means mining, extraction, production, transportation, treatment, filtering or any other mining production process, including the processing of by-products and products refining using any method. "Mining Rights" means mining licenses and contract rights held by the JVC in the Operating Areas. "MGMR" means the Ministry of Geology and Mineral Resources of PRC. "Operating Activities" means all proprietary activities of the JVC, including feasibility studies, ore dressing, prospecting, processing, construction of processing plants or other activities in relation to mining, transportation, smelting, or other activities in relation to Minerals conducted by or on behalf of the JVC. "Operating Area" or "Operating Areas" means the area or areas, each comprising a number of Exploration Areas, defined by geological, mineral and geographic restraints, in which the JVC decides to carry out any Operating Activities pursuant to an Operating Budget and Operating Procedures. "Operating Budget" means the budget prepared by Party B for each Operating Area estimated on the basis of RMB 2,000 per km2 on average, to be submitted to the JVC for implementation. "Operating Licenses" means all Business License, Exploration Licenses, Mining Licenses, approvals, permits and registrations that the JVC may need to operate in Contract Areas and/or Operating Areas. "Operating Procedures" means the procedures formulated by the Board of Directors for carrying out and maintaining Operating Activities. "Operating Schedule" means the schedule substantially in the form shown in Schedule "B" attached hereto and determined by the Board of Directors according to which Operating Activities are conducted and completed. "Option" means the exclusive right and option granted by Party A to Party B for the acquisition of any or all of Party A's interest in any Optional Project. "Optional Project" or "Optional Projects" means any existing mines owned wholly or partly by Party A within the Operating Areas. "Parties" means Party A and Party B as well as their successors and permitted assigns, and "Party" means either party. "Phase I" means the stage of prospecting and exploration and ends with completion of feasibility studies. "Phase II" means the stage of min...
Joint Venture Company means IMC-Agrico Company, a Delaware general partnership established pursuant to the terms of the Partnership Agreement.