Joint Venture Costs definition

Joint Venture Costs means all expenditure and liabilities incurred by or for the Participants in accordance with this agreement and includes:
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Joint Venture Costs has the meaning provided in Exhibit R.2(b)(ii).
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Joint Venture Costs means the Operating, Maintenance, Administration, Management Costs, and the Capital Costs;
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Examples of Joint Venture Costs in a sentence

  • Notwithstanding the foregoing, the Manager will make available sufficient financial information for each Participant to close their books within their normal procedures and timelines as will be communicated by each Participant to the other and to the Manager, and to avoid doubt, the Manager's costs in complying with this obligation will form part of the Joint Venture Costs.

  • To the extent any costs are not required to be met by the requesting Participant under this clause, they will constitute Joint Venture Costs under this agreement.

  • The costs of the Expert will be Joint Venture Costs, except as otherwise may be provided in this agreement.

  • The Manager’s costs and expenses in providing this service will be included in Joint Venture Costs.

  • In addition to payments expressly set out in this Agreement, on and from the Earned Interest Date, each Joint Venturer must contribute to all Joint Venture Costs in proportion to its Joint Venture Interest on each date on which a contribution is due to be made under clause 12.2.

  • Each Participant must contribute to Joint Venture Costs in proportion to their respective Joint Venture Interests, and Cash Calls issued under this clause 8 will be prepared accordingly.

  • To the extent any costs are not required to be met by the requesting Participant under this clause 10.2, they will constitute Joint Venture Costs under this agreement.

  • The Manager, on behalf of the Joint Venture, shall procure and supply all fuel, oil, lubricants, regularly scheduled maintenance and minor running repairs necessary for the operation of all equipment during a Project and all costs associated with such supplies, without any markup or additional consideration shall, be Joint Venture Costs.

  • Each Participant shall be solely responsible for any taxes, fees or other charges levied or imposed by any taxing authority directly on it or on its revenues from, or its share of any profits of or distribution by, the Joint Venture, it being understood that any taxes, fees, or charges levied or imposed on the Joint Venture itself shall be treated as Joint Venture Costs.

  • Such Joint Venture Costs so attributed to the Buyer shall be subject to reimbursement by DuPont on an equal sharing basis as provided above, and conversely with Joint Venture Costs attributed to DuPont.