JV definition
Examples of JV in a sentence
The JV shall nominate a Representative who shall have the authority to conduct all business for and on behalf of any and all the members of the JV during the Tendering process and, in the event the JV is awarded the Contract, during contract execution.
In case of JV, legal name of each member: ...............................................
Such JV Agreement shall incorporate the key terms and provisions set forth in Schedule 5 (“JV Agreement Terms”) attached hereto to reasonably detail the operation of such joint venture in accordance with the Parties’ proportional Interests in the Assets.
The JV Agreement shall be governed by the terms and conditions of the Option Agreement until the JV Agreement is formally executed by both parties, unless otherwise agreed by the Parties in writing.
A firm that is not a Tenderer or a JV member may participate as a sub-contractor in more than one Tender.