Common use of FORMATION OF THE JOINT VENTURE Clause in Contracts

FORMATION OF THE JOINT VENTURE. 1.1. The Parties hereby agree to promptly establish a Joint Venture Company in the form of a private limited liability company to be named GROUPEMENT DU TRAITEMENT DU TERRIL DE LUBUMBASHI (GTL) or such other name as agreed by the Parxxxx. The By-laws of the J.V. shall be prepared and signed by the Parties in such time as unanimously agreed by them.

FORMATION OF THE JOINT VENTURE. 1.1. The Parties hereby agree to promptly establish a Joint Venture Company in the form of a private limited liability company to be named GROUPEMENT DU TRAITEMENT DU TERRIL DE TERRXX XX LUBUMBASHI (GTL) or such other name as agreed by the ParxxxxParties. The By-laws of the J.V. shall be prepared and signed by the Parties in such time as unanimously agreed by them.