JV Property definition

JV Property shall also include the Brand, the name “TMZ”, the domain name ▇▇▇.▇▇▇.▇▇▇, the Brand Website, Additional Brand Services (including the TMZ television show and TMZ wireless services), the Service, JV Produced Content, and Third Party Content and Third Party Technology acquired by, or licensed to, the TMZ Parties in connection with the Service, but excluding the TP Provided Content and the AOL Provided Technology. • Notwithstanding anything to the contrary in this MOU, the Parties will mutually agree on a list of all JV Developed Technology and all JV Developed Technology will be jointly owned by the Parties, with no duty by either Party to account to the other Party for use or profits. Nothing created after the Spin Date shall be deemed JV Developed Technology for the purposes of this agreement. • Any and all JV Property will be owned solely by TP. AOL shall have no ownership interests in, or rights in or to, the JV Property.”

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

JV Property means any property identified in the column “Property Address” in the JV Grid.

JV Property means the JV's Apex Yapen Shares; the Information; custody and control of all fixtures, machinery, equipment, constructions, physical assets, inventory and supplies acquired for the Joint Venture, subject to the provisions for Pertamina ownership of same as per the Yapen PSC, Section-X; and any other property or rights of any description, whether real or personal, acquired for the Joint Venture;

Examples of JV Property in a sentence

Once every year an inventory shall be taken by the Operator of the fixed assets of the JV Property.
All costs or expenses necessary for the repair or replacement of JV Property made necessary because of damages or losses incurred by fire, flood, storm, theft, accident or other cause.
All taxes and rates of every kind and nature, except taxes which are measured by the income of the parties, assessed or levied upon the Joint Venture, the Operator or in connection with the JV Property, the JV Activities, or the Petroleum production or the Permit or arising therefrom or pertaining to any taxes paid by the Operator for the benefit of the Parties pursuant to Indonesian Tax Law.
Capital (cash, stock, and warrants) to acquire, rehabilitate, and initiate mining operations at the JV Property.
Materials and JV Property charged to the Joint Account and used other than for the JV Activities or Sole Risk Operations, if applicable, by any of the Parties, their affiliates, or a third party, shall be subject to approval by the Committee.
The parties shall own an undivided interest in all JV Property in proportion to their respective Percentage Interests.
In any such circumstances where there is any conflict of interpretation between this JOA and the Permit with regard to what constitutes JV Property or Pertamina property or property which is deemed to be Pertamina property but is under the custody and control of the Operator on behalf of the Joint Venture for so long as the Permit is in effect then the interpretation of the PSC and the Permit shall apply and the meaning of the terms JV Property herein shall be modified and interpreted accordingly.
All taxes and rates of every kind and nature, except taxes which are measured by the income of the parties, assessed or levied upon or in connection with the JV Property, the operation thereof, or the production therefrom and which taxes or rates have been paid by the Operator for the benefit of the Parties.
Until such transfers are effected, each Party holding JV Property from time to time shall hold the JV Property in trust for all of the Parties proportionately to their then respective Percentage Interests.
It shall be the responsibility of each Party to calculate depreciation and amortisation on its undivided share of the JV Property.

More Definitions of JV Property

JV Property means any Property owned by a direct or indirect Subsidiary of Duke/Hulfish, LLC or ▇▇▇▇▇ ▇▇▇▇▇ Joint Venture, LLC, in each case, as of the Agreement Date.

JV Property has the meaning ascribed to it in Article-1.1 of the JOA, subject expressly to the provisions for Pertamina ownership of same as per the Bengara-II PSC, Section-X;

JV Property means the claims and properties that are subject to this agreement from time to time;

JV Property means the JV's Apex Bengara Shares; the Information; custody and control of all fixtures, machinery, equipment, constructions, physical assets, inventory and supplies acquired for the Joint Venture, subject to the provisions for Pertamina ownership of same as per the Bengara-II PSC, Section-X; and any other property or rights of any description, whether real or personal, acquired for the Joint Venture; "Indonesian Tax Laws", means all the current tax laws including all the appropriate regulations as amended and as currently in effect in the Republic of Indonesia which may affect the Joint Venture, the Operator, JV Activities, the Permit and Petroleum Operations within the Permit Area; "Majority Vote" means a resolution of the Committee having the affirmative vote of two or more unrelated Parties having aggregate Percentage Interests exceeding 65%;

JV Property means any property identified in the column “Property Address” in the JV Grid. “JV Redemption” has the meaning specified in Section 10.11(e)(i).

JV Property means the property of the Joint Venture which consists of (a) the JV Mining Titles; and (b) the real and personal movable and immovable, tangible and intangible assets of the Joint Venture, including deposits, pre-paid expenses and accounts receivable of the Joint Venture and Minerals found in or on the property or land covered by the JV Mining Titles (irrespective of the current location of such Minerals), including those held as inventory;