Examples of JV Companies in a sentence
Each Seller represents to the applicable Buyer that such Seller has employed no finder, broker, agent or other intermediary in connection with the negotiation or consummation of this Agreement or any of the transactions contemplated hereby for which Buyers, the Sale Companies or the JV Companies would be liable (including any claim for a finder’s fee or brokerage commission).
The Company is of the view that the formation of the JV Companies, if materialised, would provide additional business development opportunities to the Fuyu Business.
The possible formation of the JV Companies is a strategic alliance between CSMA and the Company.
The total commitment of the Major Shareholders to the JV Companies will be up to RMB10.4 billion, which will be settled (i) first, by offsetting against the Financial Support; and (ii) secondly, in cash.
With respect the management of the JV Companies, the Company will have the right to appoint the majority of the directors of the JV Companies.