Joint Venture Term definition

Joint Venture Term means the term set forth in Section 18.2 hereunder or that term as may be extended or shortened pursuant to Section 18.2 or Section 18.4 hereunder.
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Joint Venture Term means the duration of the Company as provided for in Article 22 hereof.
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Joint Venture Term means the term of this Contract as set forth in Article 17.01 hereof including any extensions of such term pursuant to Article 17.02 hereof.
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Examples of Joint Venture Term in a sentence

  • One (1) month prior to the expiration of the Joint Venture Term, the PSP shall provide a performance security in the amount of Pesos One Million (PhP1,000,000.00).

  • Tariffs shall ensure that all project costs are recoverable during the Joint Venture Term, earning the JVC a reasonable rate of return on investment.

  • During the Joint Venture Term, the Company shall not decrease the amount of registered capital.

  • To secure the obligations of the JVC under this Agreement, within thirty (30) days from the JVA Commencement Date the PSP shall provide a Performance Bond for and on behalf of the JVC naming the PP LGU as beneficiary, which is valid for one (1) year and shall be renewable on an annual basis during the Joint Venture Term.

  • The performance security shall stand as security for any claims arising from acts or omissions of the Private Sector Partner or the JVC during the Joint Venture Term, but which claims are filed after the termination of the Joint Venture Term.


More Definitions of Joint Venture Term

Joint Venture Term means the term set forth in Section 18.02 hereunder or that term as may be extended or shortened pursuant to Section 18.02, 18.03 or Section 18.04 hereunder.
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Joint Venture Term means the duration of the Company as provided for in Article 20 hereof.
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Joint Venture Term shall have the meaning set out in Article 15.1 of this Contract.
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Joint Venture Term shall have the meaning ascribed to such term in Article 16.1 hereof.
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Joint Venture Term means the operation term of the Company as set forth in Article 4 hereunder;
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Joint Venture Term has the meaning set forth in Article 18.
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Joint Venture Term means the duration of the Company as provided for in Article 20 hereof. TSEC JV Contract amended in August 18, 2017 3
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