Minority Joint Venture definition
Examples of Minority Joint Venture in a sentence
In addition, the Licensee shall similarly maintain all records provided to it by its sublicensees and documentation required to establish Net Sales and Other Consideration hereunder including the nature, status and quantum of sales or receipts for the relevant period (including the documentation establishing the relationship of the Licensee with any payor which would constitute a Majority or Minority Joint Venture or sublicensee or a person with whom arrangements give.
Asset Dispositions from a Credit Party to a Subsidiary that is not a Credit Party or to a Permitted Minority Joint Venture, (b) any guaranties, payments or prepayments of Debt permitted under Sections 10.2.1(r)(ii) and 10.2.8(d) and (c) any Permitted Investment under clause (c) of the definition thereof, all in an aggregate amount for all such dispositions, payments and investments of up to $7,500,000 in any Fiscal Year.
Schedule 3.24 sets forth for each of Minority Joint Venture (a) its jurisdiction of organization and (b) the number of shares of its capital stock or other equity interests, as applicable, directly or indirectly held by the Company as of the date hereof and (c) the applicable Seller or Divested Company which is the record holder of such interests set forth in clause (b).
Except as set forth in the Disclosure Schedules, the Company hereby represents and warrants to the Buyer as follows (and solely for the purposes Sections 3.1–3.3, Sections 3.6–3.10, Section 3.15 and Sections 3.20–3.23, references to a Divested Company shall be deemed to include any Minority Joint Venture provided that the representation and warranties in respect of any Minority Joint Ventures shall be given to the Knowledge of the Company): .
With respect to the Net Sales of a Minority Joint Venture or Major Species Sublicensee, the foregoing reference to Licensee shall be construed as a reference to the Minority Joint Venture or Major Species Sublicensee, as the case maybe, and not a reference to the Licensee.
Section 4.23(b) of the Company Disclosure Schedule sets forth each Contract containing a Minority Joint Venture Put Obligation.