Venture Business definition
Examples of Venture Business in a sentence
None of Seller or its Affiliates (other than any Transferred Joint Venture Entity) owns any Transferred Asset Primarily Related to any Joint Venture Business.
There are no Assets or Liabilities of any Transferred Joint Venture Entity that Relate to the Group 2 Business, the Friendco Business or to a Joint Venture Business other than the Joint Venture Business applicable to such Transferred Joint Venture Entity.
The parties will use commercially reasonable efforts to structure the Joint Venture Business in a tax efficient manner.
The Joint Venture Business shall not be altered or changed to unrelated endeavors from that of the present Project without unanimous concent of the Management Committee, with such consent to not be unreasonably withheld.
The JVM shall be solely responsible for the complete and exclusive day-to-day management, operation and control of the Joint Venture Business, and shall have all of the rights and powers which are necessary, advisable or convenient therefore, including without limitation the authority to act for or on behalf of the best interest of this Joint Venture, in making decisions concerning the Joint Venture Business.
Provided always that during any period of Garden Leave the Executive shall be entitled to resign as a director of the Company or the Parent or any Group Company or any Joint Venture Business.
The above-mentioned categories shall be construed and interpreted so as to include any and all ancillary activities or services necessary for the performance of the Joint Venture Business.
Each of the Parties shall keep confidential and shall not disclose to any other person, nor use for any purpose except the purposes of advancement of the Joint Venture Business, any information obtained from the other party as a result of negotiating, entering into or implementing the Joint Venture Business.
The Landowner and the Developer shall jointly incorporate the SPV for purposes of implementation of the Project in accordance with the provisions of this Memorandum and which shall operate with the aim of bringing into effect every aspect of the Joint Venture Business.
Except to the extent expressly provided for otherwise in the Licenses and any other agreement between the Parties, each of COMPANY, Novavax and Cadila shall retain ownership of any Patents, Know-How and other intellectual property rights generated by such party under this Agreement or in connection with the Joint Venture Business, as such ownership (and inventorship where applicable) are determined in accordance with applicable laws, subject in any event to the licenses expressly granted in the Licenses.