Examples of JV Agreements in a sentence
JV Agreements must clearly indicate the percentages of the JV participants, in particular the percent of the controlling party, and a clear delineation of responsibilities and authorities between the JV parties.
To ensure that all JV Agreements are entered into under the policy that all government contracts shall be awarded through a transparent process.
Accountability for the JV project ultimately devolves on the Head of the Government Entity involved in the JV Agreements and the implementation of the JV project.
The Company’s assessment included an examination of contracts for all revenue streams which includes the JV Fee charged on the MOUs and the sale of diesel produced from the plant.Revenues associated with the deposits charged on the MOUs (see Note 1) will only be recognized when there is persuasive evidence that an arrangement exists which is the JV Agreements have been entered into with the various MOU parties.
Competitive Challenge Procedure – In all cases where the Government Entity directly negotiates with a private sector participant for a proposed JV undertaking, the negotiated terms shall be subjected to a competitive challenge wherein other private sector entities shall be invited to submit comparative proposals, to ensure that JV Agreements are entered into under a transparent and competitive process that promotes accountability in government transactions.