Examples of JV Board in a sentence
Standard billing rates shall remain in effect throughout the duration of this Agreement as presented in the Cost proposal (reference section 3.4).
Qualitative observations regarding the stakeholders' perceptions of co-responder team programs' strengths and benefits largely align with observations in quantitative evaluations.
The declaration of dividends by the JV Company for each financial year shall be determined by the JV Board, as the JV Board may think fit.
The directors appointed by the Investor Securityholders will have weighted voting rights giving those directors control of the JV Board.
The Investor Securityholders will be entitled to appoint up to six directors to each JV Board.
If such funding is not available on such terms, the relevant JV Board will consider whether or not to seek further finance from the relevant Securityholders.
If the relevant JV Board concludes that the relevant JV Company needs further finance (either for the business or to make any acquisition of assets or shares), such further finance shall be obtained by way of third-party debt financing, insofar as the relevant JV Board determines that it is reasonably practicable to do so on terms which, acting reasonably, the relevant JV Board considers commercially acceptable to the relevant JV Company.
The management body of each of the two JV Companies (each a JV Board and together, the JV Boards) will comprise a maximum of eight directors.
The JV Boards are to establish a list of delegated authorities for the day-to-day management of each JV Company, with appropriate thresholds set for matters which shall require the approval of the relevant JV Board by a simple majority.
If the Offeree accepts the Offer, then, subject to agreement of the JV Board, the Offeree will provide in cash or otherwise (as agreed by the parties in accordance with Clause 13.1.9) to JV Co (or such other entity as the JV Shareholders agree, subject always to Clause 13.1.9, an “Alternative Entity”), an amount equal to 50% of the consideration payable for such Competing Business (the “European Non-JV Contribution”), and JV Co (or an Alternative Entity) shall engage in such Competing Business.