JV Assets definition

JV Assets means the Assets of the JVs.

JV Assets means the Stockgroup Assets and SMC Assets contributed to the Joint Venture by this Agreement and owned and operated jointly in accordance with the terms of this Agreement and all assets which may be contributed hereafter by the Parties or developed by the Joint Venture;

JV Assets means the Gibraltar mine, all Products and all other real and personal property, tangible and intangible, of whatever kind now held or hereafter acquired or created or held for use by or on behalf of the parties to the JV Agreement or any of them for the purposes of the joint venture, including, without limitation, working capital and rights under agreements or permits with governmental authorities, all business information, and the Gibraltar Subsidiary reclamation trust.

Examples of JV Assets in a sentence

• Every proposed Program and Budget, including all proposed modifications of any proposed Program and Budget, shall, at a minimum, be sufficient to maintain the Nevada JV Assets and to satisfy applicable Legal Requirements.

• During the period after the date hereof until the first Operating Program and Budget is Approved by the Board, the Operating Member is authorized to carry out directly or through its Affiliates Operations that are (i) sufficient to maintain the Nevada JV Assets and comply with applicable Legal Requirements, (ii) in accordance with contracts in effect upon the date hereof, (iii) in furtherance of the Operations, and (iv) other activities related to the foregoing.

• If the Board for any reason fails timely to Approve an Operating Program and Budget, the Operating Member shall, subject to the contrary direction of the Board and to the availability of necessary funds, be authorized to continue, or to cause Nevada JV and its subsidiaries to continue, Operations sufficient to maintain the Nevada JV Assets and comply with applicable Legal Requirements and, if Mining is ongoing, to maintain production levels in effect when the failure occurs.

• The Company shall not amend, modify or assign any documentation relating to the Specified Unencumbered Real Property Assets or the Specified Norges JV Assets (including documentation relating to the intercompany debt) in a manner that is reasonably likely to have a material adverse effect on the holders of the Notes.

• Subject to Section 3.3(c)(xxii), Section 3.3(c)(xxvi), Section 4.12 and Section 4.13, the Operating Member may dispose of, and cause Nevada JV and its subsidiaries to dispose of, the Nevada JV Assets by abandonment, forfeiture, surrender or Transfer.

More Definitions of JV Assets

JV Assets means (i) all assets, properties, privileges, rights, interests and claims, real and personal, tangible and intangible, of every type and description that are owned, leased, held or used by the JV Entities or in which any JV Entity has any right, title or interest immediately prior to, at or after the JV Transfer Time and (ii) the Transferred JV Assets.

JV Assets means the DAPL Assets and the ETCO Assets, collectively.

JV Assets means all JV IP Assets together with the license Contracts of the International JVs set forth in Section 1.1(b) of the Sellers Disclosure Letter and any additional license Contracts that are entered into by the applicable International JV following the date of this Agreement and prior to the Post-Closing Acquisition for such Joint Venture Territory in a manner consistent with the terms of this Agreement.

JV Assets has the meaning set forth in the Recitals.

JV Assets means, collectively: (a) the Sand Hills natural gas liquids pipeline system consisting of approximately 720 miles of 20-inch pipeline and approximately 220 miles of laterals, extending from the Permian Basin to Mont Belvieu, Texas; (b) the Southern Hills natural gas liquids pipeline system consisting of approximately 800 miles of 16-inch pipeline and approximately 190 miles of laterals, extending from North Texas, Kansas and Oklahoma to Mont Belvieu, Texas; (c) the Explorer petroleum products pipeline system consisting of approximately 1,830 miles of pipeline, extending from the Gulf Coast to the Midwest; and (d) all other assets owned, held, used or held for use by any Joint Venture Company or its Affiliates in connection with the operation of such pipeline systems referred to in clauses (a) through (c).

JV Assets means those fixtures and tooling listed in Schedule 4.2 attached hereto.

JV Assets has the meaning given to it in Section 5.3.