The Joint Venture definition

The Joint Venture. ( “JV” for short) shall mean “ (JV)” and

The Joint Venture. ( “JV” for short) shall mean “

The Joint Venture means the limited liability company as a Chinese-foreign Joint Venture established by the Parties in accordance with this Contract.

Examples of The Joint Venture in a sentence

• The Joint Venture shall be formed for the purpose of development, marketing and commercialization of pharmaceutical products, initially, Terbutaline Sulfate Injectable and Lincomycin HC1 Injectable.

• The Joint Venture Documents shall specify that the JV LLC shall be managed by a Board of Directors comprised of four (4) Directors, two of whom shall be appointed by SunGen, including the Chairperson of the Board, and the other two by Athenex, and shall specify the following additional terms, in addition to other terms and provisions to be set forth therein.

• The Joint Venture Documents shall specify that any and all net profits accruing to the Joint Venture shall be held and distributed to the Parties in equal shares, i.e., split equally (50/50) between SunGen and Athenex, except for the sale of Terbutaline Injectable, where the profit shall be split 75/25 between SunGen and Athenex, respectively.

• FINANCIAL IMPACT The Joint Venture Company will continue to be an indirect non-wholly owned subsidiary of the Company, and its consolidated financial results, assets and liabilities will be consolidated into the financial statements of the Group.

• The Joint Venture shall be considered in all respects a joint venture between the Parties, and nothing in this Agreement shall be construed to create a partnership or any other fiduciary relationship between the Parties.

More Definitions of The Joint Venture

The Joint Venture the joint venture constituted as contemplated in clause 3.1; 1256/AAP/KJW 26/04/2004

The Joint Venture. (JV in brief) shall mean <Consortium Name> Joint Venture (herein after called “JV”) collectively acting in collaboration for the purpose of this agreement.

The Joint Venture s Fiscal Year" means the Joint Venture’s fiscal year commencing January 1 and ending December 31;

The Joint Venture. Company shall establish a supervisory board which shall consist of 3 persons, one appointed by each party to the Joint Venture and one from the staff and workers of the Joint Venture Company. The first Chairman of the supervisory hoard will he recommended by Party A.

The Joint Venture has the status of a legal person and is subject to the jurisdiction and protection of Chinese law concerned. All its activities shall be governed by Chinese laws, other pertinent rules and regulations.

The Joint Venture shall adopt internationally used accrual basis and debit and credit accounting system in preparation of its accounts.

The Joint Venture shall complete the balance sheet, the loss or profit statement for the previous fiscal year within the lust three months of each fiscal year, and shall then submit such financial statements to the Board meeting for approval after having been examined and signed by the auditor.