The Joint definition

The Joint. Venture shall keep reserve funds, enterprise development funds and employee welfare funds. The ratio for provision of each fund shall be determined by the Board based on operating results of the Joint Venture.

The Joint. Venture shall be managed by a board of directors consisting of the signatories of this Agreement and optionally, one nominee each. The directors shall mutually agree on the budget for Exhibit "A", selection of officers and all other discretionary matters.

The Joint. Venture implements general manager responsibility system under the leadership of the Board of Directors. The managing organization has one general manager, and two deputy general managers. The first general manager is recommended by Party B, and two deputy general managers are recommended by Party A. There are also one chief engineer, chief economist, and chief accountant, and they are recommended by both parties after negotiation. The general manager, deputy general managers and other senior officers must be appointed by the Board of Directors. Their term is four years. They can be re-appointed by the Board of Directors.

Examples of The Joint in a sentence

• The Joint Marketing Disclaimer is a supplemental agreement specific to joint marketing efforts and has no effect on the terms of the TIPS Vendor Agreement.

• The Joint Remediation Committee shall have access to Purchaser Personnel that are primarily responsible for the area of the business relationship (such as information technology, data security or regulatory) where the breaches giving rise to the Major Default arise (such Purchaser Personnel, collectively, the “Subject Matter Experts”).

• The Joint Remediation Committee shall be responsible for overseeing the development of a mutually agreeable plan in accordance with subsection 3 below to either (i) remediate any breaches giving rise to the Major Default to the extent such breaches can be remediated and/or (ii) prevent similar breaches from recurring in the future (clauses (i) and (ii), a “Corrective Action Plan”).

• The Joint Venture Agreement shall in all respect be governed by and interpreted in accordance with Indian Laws.

• Furthermore, CONTRACTOR shall maintain compliance with applicable standards of accreditation programs as required by NHCC, including, without limitation, The Joint Commission.

More Definitions of The Joint

The Joint. Venture shall maintain appropriate insurance policies with an insurance company in China. The types, value and duration of insurance shall be decided by the Board of Directors in accordance with the standards of the insurance company in China. The Joint Venture should maintain the "5-insurance and 1-fund" (referring to pension insurance, unemployment insurance, health insurance,) workers' compensation insurance, maternity insurance and housing reserve fund) for all staff and workers.

The Joint. Venture shall simultaneously receive a license to produce and distribute under the same terms and conditions as above. Immediately subsequent to the creation of this Joint Venture, KEG shall facilitate the execution of a license agreement between AFRS and the Joint Venture. The Venturers acknowledge that Xxxxxxx X. Xxxxx Television Enterprises has claimed it should be involved in the new series because of its involvement in a previous Tarzan half hour series and regardless that it is KEG's contention that said claim is without basis, KEG is facilitating the licensing of the property to the Joint Venture with said claim in existence.

The Joint. Venture shall establish a Board of Directors which is the highest authority of the Joint Venture.

The Joint. Venture shall have one General Manager and several Deputy General Managers who are engaged by the Board of Directors. The first General Manager shall be nominated by Party A, and appointed by the Board of Directors. The Deputy General Managers shall be nominated by the General manager and appointed by the Board.

The Joint. Venture shall open bank accounts in RMB and foreign currency with the Bank of China and or other banks agreed by the Bank of China.

The Joint. VENTURE shall mean FIBERCORE (M) SDN. BHD. COMPANY" (COMPANY NO. 435423-P) a company incor- porated incorporated in Malaysia and having its registered office at c/o Ontime Management Services, Suite 4.02, 4th Floor, Wisma Xxx Xx, Xx. 000, 0xx Xxxx, Xxxxx Xxxx, 00000 Xxxxx Xxxxxx;

The Joint. Venture shall be managed by a Board of Directors of six persons to be elected by the shareholders. The parties agree that, for the full term of this Agreement, they shall vote all shares of capital stock of the Joint Venture for the election as Directors three persons designated by each of PT&F and CTI.