Joint Venture Law definition

Joint Venture Law means the Law of the PRC on Sino-foreign Equity Joint Ventures currently in effect.
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Joint Venture Law means Law of the People's Republic of China for the Joint Ventures Enterprises with Chinese and Foreign Investments, and other legislations and regulations applicable to the Sino-foreign joint venture enterprises.
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Joint Venture Law means the Law of the People's Republic of China on Chinese-foreign Joint Ventures adopted on July 1, 1979 and amended on 4th April 1990 by the National People's Congress.
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Examples of Joint Venture Law in a sentence

  • The enterprise expansion fund is maintained, and annual allocations to the fund are made, in accordance with the Joint Venture Law of the PRC.

  • CJVs are governed by the PRC Contractual Joint Venture Law and its implementing rules, and must abide by Chinese laws and regulations and must not operate contrary to the public interests.

  • Under the PRC Equity Joint Venture Law, the Overseas Corporation must contribute at least 25% of the total investment: there is no minimum investment for the Chinese partner.

  • For instance, during the first phase, the Joint Venture Law of 1979 was passed, permitting foreign investment (generally upto 50%) in fields other than finance and banking, transportation, post and telecommunications and retail.

  • In particular, EJVs are governed by the PRC Equity Joint Venture Law and its implementing rules.

  • This Contract shall terminate upon expiration of the Term of Joint Venture Company, after completion of the liquidation procedures in case of dissolution of the Joint Venture Company, or when the Joint Venture Company ceases to be in compliance with the requirements of the Joint Venture Law for the existence of a Chinese Foreign equity Joint Venture Company.

  • Clause 52 In accordance with the Joint Venture Law, the Joint Venture Company shall appropriate reserve fund, staff welfare and bonus fund, and enterprise development fund.

  • Upon the issuance of a verification report by such accountant, the Company shall issue an investment certificate to each of the Parties in accordance with the Joint Venture Law.

  • The Joint Venture shall be dissolved and this Contract terminated in accordance with Cooperative Joint Venture Law, the Cooperative Joint Venture Regulations and the Articles of Association upon expiration of the Term (if not extended pursuant to Section 25.2 above) in which case the dissolution shall be automatic.

  • The aspiration or intent to protect the “rights and interests” of investors expressed in the 1982 Constitution took its effect through laws like the Equity Joint Venture Law.


More Definitions of Joint Venture Law

Joint Venture Law means, collectively, the Law of the People’s Republic of China on Joint Ventures Using Chinese and Foreign Investment promulgated July 1, 1979, the Regulations for the Implementation of the Law of the People’s Republic of China on Joint Ventures Using Chinese and Foreign Investment, promulgated September 20, 1983, and all supplements, amendments, interpretations, orders and notices relating thereto promulgated by the relevant authorities and in effect as of the date hereof.
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Joint Venture Law shall have the meaning set forth in the General Statement.
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Joint Venture Law refers to the PRC, Sino-Foreign Co-Operative Joint Venture Law (Revised) and relevant regulations thereunder, including the PRC Sino-Foreign Co-Operative Joint Venture Law Implementing Rules and other relevant laws of the PRC as may be applicable to the CJV.
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Related to Joint Venture Law

  • Joint Venture (JV means an association with or without a legal personality distinct from that of its members, of more than one Consultant where one member has the authority to conduct all business for and on behalf of any and all the members of the JV, and where the members of the JV are jointly and severally liable to the Procuring Entity for the performance of the Contract.

  • Joint Venture Entity means any Joint Venture, any Wholly-Owned Subsidiary of a Joint Venture or any JV Subsidiary.

  • 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 Subsidiary means each of (i) Aluminum Company of Malaysia Berhard and (ii) any other person that is a Subsidiary in which persons other than Holdings or its Affiliates own 10% or more of the Equity Interests of such person, excluding, to the extent they become Restricted Subsidiaries of the Designated Company after the Closing Date, Xxxxx and Norf GmbH.

  • Joint Ventures means the joint venture or partnership or other similar arrangements (other than between the Company and the Operating Partnership) in which the Company or the Operating Partnership or any of their subsidiaries is a co-venturer, limited liability company member, limited partner or general partner, which are established to acquire or hold Investments.

  • 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.

  • 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 Investment means, with respect to any Obligor, any Investment by such Obligor in a joint venture or other investment vehicle in the form of a capital investment, loan or other commitment in or to such joint venture or other investment vehicle pursuant to which such Obligor may be required to provide contributions, investments, or financing to such joint venture or other investment vehicle and which Investment the Borrower has designated as a “Joint Venture Investment”.

  • Venture means any group of two or more persons associated in fact, whether or not a legal entity.

  • Joint Venture Agreements means the Organization Documents of any Joint Venture existing from time to time.

  • consortium or joint venture means an association of persons for the purpose of combining their expertise, property, capital, efforts, skill and knowledge in an activity for the execution of a contract;

  • Joint Venture Agreement has the meaning set forth in the Recitals.

  • Company Joint Venture means, with respect to the Company, any corporation or other entity (including partnerships, limited liability companies and other business associations and joint ventures) in which the Company, directly or indirectly, owns an equity interest that does not have voting power under ordinary circumstances to elect a majority of the board of directors or other person performing similar functions but in which the Company has rights with respect to the management of such Person.

  • Joint Venture Interests means assets of the Company and its Subsidiaries constituting an equity investment in real estate assets or other properties, or in an entity holding real estate assets or other properties, jointly owned by the Company and its Subsidiaries, on the one hand, and one or more other Persons not constituting Affiliates of the Company, on the other hand, excluding any entity or properties (i) which is a Subsidiary or are properties if the co-ownership thereof (if in a separate entity) would constitute or would have constituted a Subsidiary, or (ii) to which, at the time of determination, the Company’s manager at such time or an Affiliate of the Company’s manager at such time provides management services. In no event shall Joint Venture Interests include equity securities that are part of a class of equity securities that are traded on a national or regional securities exchange or a recognized over-the-counter market or any investments in debt securities, mortgages or other Debt.

  • Permitted Joint Venture Investment means, with respect to an Investment by any specified Person, an Investment by such specified Person in any other Person engaged in a Permitted Business (a) over which the specified Person is responsible (either directly or through a services agreement) for day-to-day operations or otherwise has operational and managerial control of such other Person, or veto power over significant management decisions affecting such other Person and (b) of which at least 30% of the outstanding Equity Interests of such other Person is at the time owned directly or indirectly by the specified Person.

  • Permitted Joint Venture means, with respect to any specified Person, a joint venture in any other Person engaged in a Similar Business in respect of which the Borrower or a Restricted Subsidiary beneficially owns at least 35% of the shares of Equity Interests of such Person.

  • Permitted Joint Ventures means one or more joint ventures formed (a) by the contribution of some or all of the assets of the Company’s or a Permitted Affiliate Parent’s business solutions division pursuant to a Business Division Transaction to a joint venture formed by the Company, a Permitted Affiliate Parent or any of the Restricted Subsidiaries with one or more joint venturers and/or (b) for the purposes of network and/or infrastructure sharing with one or more joint venturers.

  • Joint Venturers means Xxxxxxx Mining Limited a company incorporated in the State of Western Australia and its successors, permitted assigns and appointees;

  • Eligible joint venture means an association of one or more small business enterprises in combination with one or more veteran-owned business enterprises, proposing to perform as a single for-profit business enterprise, in which each joint venture partner contributes property, capital, efforts, skill and knowledge. Joint ventures must have an agreement in writing specifying the terms and conditions of the relationship between the partners and their respective roles in the contract.

  • Indian-owned economic enterprise means any Indian-owned (as determined by the Secretary of the Interior) commercial, industrial, or business activity established or organized for the purpose of profit, provided that Indian ownership constitutes not less than 51 percent of the enterprise.

  • Taxable REIT Subsidiary means any corporation (other than a REIT) in which General Partner directly or indirectly owns stock and General Partner and such corporation jointly elect that such corporation shall be treated as a taxable REIT subsidiary of General Partner under and pursuant to Section 856 of the Code.

  • Virginia venture capital account means an investment fund that has been certified by the

  • Venture capital fund means a private fund that meets the definition of a venture capital fund in SEC Rule 203(l)-1, 17 C.F.R. § 275.203(l)-1.

  • Partnership has the meaning set forth in the preamble of this Agreement.

  • Resident unincorporated business entity means an unincorporated business entity having an office or place of business within the Municipality.

  • JV Entity means any joint venture of the Borrower or any Restricted Subsidiary that is not a Subsidiary.