MANAGING VENTURER means the person or entity appointed to act in the capacity of the managing joint venturer of the Joint Venture.
MANAGING VENTURER means TME III.
MANAGING VENTURER means Boyd Xxx until such time, if any, as MR Sub becomes the Managing Venturer pursuant to Section 9.3 hereof, and thereafter means MR Sub.
Examples of MANAGING VENTURER in a sentence
Joint Venture arms of Marina District Development Co. MANAGEMENT BY MANAGING VENTURER.
More Definitions of MANAGING VENTURER
MANAGING VENTURER means TMEDP II.
MANAGING VENTURER means TME III. "MEMORANDUM" means that certain Confidential Offering Memorandum of TME ID dated March 20, 1991 offering $15,000,000 in limited partnership interests, as amended or supplemented. "MRI CENTER" means the magnetic resonance imager ("MRI") and the special modular metal container and other major diagnostic imaging equipment presently or hereafter owned or leased and operated by the Venture together with all appliances, parts, instruments, appurtenances, accessories, and all substitutions, renewals or replacements of, and all additions, improvements and accessions to, any and all thereof. "NET AGREED VALUE" means in the case of any property contributed by or distributed to a Venturer in the Venture, the fair market value of such property at the time of such contribution (which shall be equal to the Agreed Value as set forth in the TME III partnership agreement) or distribution (as determined by the Venturers or the Liquidator at the time of distribution using such reasonable method of valuation as they may adopt) 2 <PAGE> reduced by any indebtedness either assumed by such Venturer upon such distribution or to which such property is subject at the time of contribution or distribution. "PERCENTAGE INTEREST" means as to TME III, and as to TME, respectively, those percentages referenced in Exhibit A attached hereto which percentages are based upon the relative cash contributions of the Venture Partners. "PERSON" means an individual, partnership, limited partnership, foreign limited partnership, trust, estate, corporation, custodian, trustee, executor, administrator, nominee or entity in its own or a representative capacity. "RESERVES" means such cash reserves as the Managing Venturer determines are reasonably necessary for the Venture's business. "SELLING AGREEMENT" means that certain Amended and Restated Sales Agency Agreement dated as of May 8, 1991, among TME, First TME Partners, Inc., PaineWebber Incorporated, and PaineWebber Diagnostic, Inc., and that certain Sales Agency Agreement dated as of May 8, 1991, among TME, First TME Partners, Inc., and The Chase Manhattan Bank, N.A. "TEXAS ACT" means the Texas Uniform Partnership Act, TEX. REV. CIV. STAT. XXX. art. 6132b, as it may be amended from time to time. "VENTURE" means the general partnership or joint venture established by this Agreement. "VENTURE INTEREST" means the entire ownership interest of a Venturer in the Venture, including the right of such Venturer to any and all benefits to which su...
MANAGING VENTURER means Edge Petroleum Corporation, a Texas corporation and managing venturer of the Borrower.
MANAGING VENTURER means Cogen or such future Managing Venturer which shall be designated as such by the Venturers in accordance with the terms hereof.
MANAGING VENTURER has the meaning set forth in Section 9.1.
MANAGING VENTURER means Web One, Inc., a Louisiana corporation.
MANAGING VENTURER means Edge Joint Venture II. "MINERAL INTEREST" means an interest in the fee mineral estate in the land, is typically severed from the surface estate by prior grant or reservation, and may be leased or unleased. Unlike a royalty interest, a mineral interest includes the right to go upon the land for the purpose of prospecting for, drilling, severing, and removing therefrom oil, gas or other specified minerals. A mineral interest also includes the executive leasing right, ie., the right to execute an oil and gas lease to a third party operator who will drill a well. The owner of a mineral interest has the right to receive a fractional share of the oil and gas or other minerals produced from the premises as well as any delay rentals, bonuses or royalties paid pursuant to an oil and gas lease. The owner of the mineral interest also has the right to receive the reversionary interest after termination of the oil and gas lease covering the interest.