Joint Venture Entity. The exact nature of the business entity or legal structure through which BHP and Golden Star shall hold Assets and conduct commercial mining activity pursuant to the JVA shall be jointly determined by the Parties giving due regard to the tax, legal liability and other considerations of each Party, as well as any necessary government approvals.
Joint Venture Entity. The terms provided for in this Agreement shall be incorporated into the charter and bylaws of Mineracao or otherwise given effect in a manner as advised by Brazilian counsel to Mineracao.
Joint Venture Entity. At such time as NEVTAH has met the funding schedule described on Exhibit A, NEVTAH and PAMCO will create a joint venture entity called NEVCO LLC ("NEVCO"), a Tennessee limited liability company ("LLC"). NEVTAH and PAMCO will each own fifty percent (50%) of the Financial Interest and Governance Interest, and will be the only members, of NEVCO. NEVCO will be a board-managed LLC and NEVTAH and PAMCO will each select two (2) members to sit on the Board of Governors, which will be limited to no more than five (5)
Joint Venture Entity. The Parties will cause to be formed a limited liability company in the state of Florida under a trade name agreeable to each Party (the “Joint Venture Entity”). The membership interests of the Joint Venture Entity shall be owned initially 70% by Net Element and 30% by the Guru. The Joint Venture Entity will be operated pursuant to an operating agreement that will be agreed to and executed by both Parties. The Joint Venture Entity shall be managed by the Guru as its managing member or Chairman of the Board of Directors. In addition, the Guru shall be the Chief Executive Officer of the Joint Venture Entity.
Joint Venture Entity. The Parties may decide to set up a separate entity in a jurisdiction to be agreed upon, to act as vehicle for the Joint Venture (the “Joint Venture Entity”).
Joint Venture Entity. Forthwith upon execution of this Agreement Diamante will contribute $1,000,000 in cash to Mineracao for 20% of the equity interest in Mineracao, it being acknowledged that such monies are to be applied to the exploration of the Claims.
Joint Venture Entity. Ma’aden and Ivanhoe Electric shall incorporate a limited liability company in the Kingdom which will initially be owned 50:50 by Ma'aden (or its subsidiary) and Ivanhoe Electric (or a subsidiary) (the “Saudi JVCo”). The parties agree that one possibility for the Saudi JVCo is to take the entity public on Tadawul.
Joint Venture Entity. 10 Section 6.2
Joint Venture Entity. Horizon and DSND agree to establish (either directly or through Subsidiaries or Affiliates) a joint venture entity (the "JV") to engage in deep water pipe laying and sub sea construction activities. The JV shall be owned thirty percent (30%) by Horizon and seventy percent (70%) by DSND.
Joint Venture Entity. A Joint Venture entity (partnership, -------------------- corporation or limited liability partnership or company) will be formed to operate the business of the Project and commercialize and market the Systems in the Field of Use in the Territory and, as provided in Article VII, outside the Territory. Each party will own a fifty percent (50%) interest in the Joint Venture entity.
