Joint Venture Partner definition
Examples of Joint Venture Partner in a sentence
User shall designate such Representatives and Joint Venture Partners that may distribute and resell the AE Interactive and RESX Service under the terms set forth herein and TRX shall not grant rights pursuant to this Amendment to any other Representative or Joint Venture Partner.
User shall indemnify and hold harmless TRX from third party claims of a designated Representative or Joint Venture Partner with respect to the RESX Service due to the negligence or misconduct; acts or omissions; breach of any of the obligations, representations and warranties of User set forth herein; or breach of contract with an end user unless such claim is due to the negligence, misconduct, act, omission, breach of any obligation, representation or warranty or breach of contract of TRX.
The Partnership may enter into a joint venture or partnership with an unaffiliated Joint Venture Partner only if the Partnership acquires a controlling interest in any such partnership or venture, unless such partnership or joint venture is with another partnership sponsored by the General Partners or their Affiliates as described below.
The Partnership may not enter into a joint venture or partnership with any other partnership sponsored by the General Partners or their Affiliates unless (i) the Joint Venture Partner shares similar investment objectives and management compensation provisions to those of the Partnership; and (ii) the A-10 investments by the Partnership and such affiliated partnership are on substantially the same terms and conditions.
This Agreement and Buyer’s obligation to close are subject to Seller successfully buying out its Joint Venture Partner.