Examples of JV Assets in a sentence
As soon as commercially reasonable following the Transfer Date, Olympus shall destroy the JV Assets in Japan at Olympus’ sole cost and expense, and Olympus shall provide Cytori with a certification of destruction once this has been accomplished.
To the knowledge of the Contributing Parties, the JV Assets, when considered together with the services provided by the applicable Operator, are sufficient to conduct the respective businesses of the Joint Venture Companies in a manner materially consistent with the Financial and Operational Information and the Joint Venture Company Financial Statements.
Notwithstanding any other provisions hereof, in case of emergency the Operating Member may take, or cause or permit Nevada JV and its subsidiaries to take, any reasonable action the Operating Member deems necessary to protect life, limb or property, to protect the Nevada JV Assets and to comply with any Legal Requirement or any Governmental Authorization.
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.
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.