Joint Venture Interest definition

Joint Venture Interest means an acquisition of or Investment in Equity Interests in another Person, held directly or indirectly by the MLP, that will not be a Subsidiary after giving effect to such acquisition or Investment.
Joint Venture Interest means an acquisition of or Investment in Equity Interests in any Person incorporated or otherwise formed pursuant to the laws of the United States or Canada or any state or province thereof or the District of Columbia, held directly or indirectly by the Borrower, that will not be a Subsidiary or Unrestricted Subsidiary after giving effect to such acquisition or Investment.
Joint Venture Interest means the percentage undivided interest of each of AMCOR and Archean Star in the Joint Venture, which interest shall, at all times, correspond with and represent their respective percentage undivided interest in the Leasehold Interest pursuant to this Agreement and vice versa.

Examples of Joint Venture Interest in a sentence

  • Upon completion (and registration, if required) of the Assignment of its Joint Venture Interest to the Enforcing Joint Venturers in accordance with clause 18.3, the Defaulting Joint Venturer is released from its obligations under this agreement arising after the Buy-Out Completion Date other than those obligations accruing or arising prior to the Buy-Out Completion Date.

  • If all the Non-Participating Joint Venturers acquire a Buy-Back Interest, so that the Joint Venturers then hold the same Percentage Share of Joint Venture Interest in the Sole Risk Development as in the JV Company, the parties may agree to terminate the Sole Risk Development as an independent arrangement and merge it into this Joint Venture agreement.

  • A Joint Venturer which is not a Defaulting Joint Venturer may at any time without obtaining the prior consent of the other Joint Venturers Assign the whole (but not part) of its Joint Venture Interest to an Affiliate.


More Definitions of Joint Venture Interest

Joint Venture Interest means the proportion of the Venturer’s ownership interest in the Facility and in any other assets of the Joint Venture as described in Schedule “A” hereto.
Joint Venture Interest means in relation to a Participant:
Joint Venture Interest means an acquisition of or Investment in Equity Interests in any Person, held directly or indirectly by the Borrower, that will not be a Subsidiary or Unrestricted Subsidiary after giving effect to such acquisition or Investment.
Joint Venture Interest means the following rights, liabilities and obligations of a Joint Venturer determined under this agreement:
Joint Venture Interest has the meaning ascribed to it in paragraph 11.2b.
Joint Venture Interest means the interest of the Corporation in the joint venture in respect of the San Xxxx Project located in Argentina;
Joint Venture Interest means the following obligations, benefits and rights of a Participant expressed as a percentage determined in accordance with this agreement: