Project Company Sample Clauses

Project Company. (1) Within 60 days after the end of each of the Project Company's first, second and third fiscal quarters, the Seller shall provide to the Purchaser a copy of the Project Company's unaudited management accounts for such fiscal quarter. (2) Within 150 days after the end of each of the fiscal years of the relevant company, the Seller shall provide to the Purchaser a copy of the audited annual financial statements of the Project Company for such fiscal year.

Project Company. All parties shall jointly fund the establishment of an independent legal person company (hereinafter “Project Company”), specifically responsible for the implementation of the Investment Project. Party A shall be responsible for operating the Project Company, and other parties shall assist the Project Company in the development of resources and other support. Party D shall sign the corresponding cooperation agreement in accordance with this Agreement on behalf of the state-owned company.

Project Company. The management fee for single-contract exploration expenses, for example, a drilling contract, in excess of Fifty Thousand Dollars ($50,000) shall be three percent (3%), not six percent (6%).

Project Company. The Project Company represents and warrants at the Signature Date and the Effective Date that: it is a company with the legal form specified in the Key Information Table, duly incorporated and validly existing under the Laws of the Relevant Jurisdiction and has all requisite legal power and authority to execute this Agreement and to carry out the terms and conditions herein contained; the PPA and this Agreement have been duly executed on proper authority and are in full force and effect; its obligations under this Agreement and its obligations under the PPA are legal, valid and binding and enforceable against it in accordance with the terms of this Agreement and the PPA, subject in each case only to the Legal Reservations; the execution and performance of this Agreement and/or the PPA by the Project Company does not and will not contravene: the Project Company’s constitutional documents; any order or other decision of any Authority or arbitrator that is binding on the Project Company; to the best of the Project Company’s knowledge and belief, the Laws of the Relevant Jurisdiction (in force as of the Signature Date); or any contract or obligation to which the Project Company is a party or by which the Project Company is bound; all Authorisations required for the Project are in full force and effect, save for any Authorisations which are not required by Law to be obtained by the Signature Date or the Effective Date (as applicable); no litigation, arbitration, investigation or administrative proceeding are in progress or to the best of the knowledge of the Project Company (having made all reasonable enquiries), threatened against it or any of the Contractors, which is likely to have a material adverse effect on the ability of the Project Company to carry out the Project; it is not subject to any obligation or non-compliance which is likely to have a material adverse effect on its ability to undertake the Project; no proceedings or any other steps have been taken or to the best of the knowledge of the Project Company (having made all reasonable enquiries), threatened for the winding-up or liquidation (whether voluntary or involuntary, provisional or final), judicial management (whether provisional or final), business rescue or deregistration of the Project Company or for the appointment of a liquidator, judicial manager or similar officer over it or over any of its assets; and the copies of the executed Project Agreements which have been delivered to the Gover...

Project Company. The Project Company was incorporated on 8th October, 2021 with registered capital of RMB400 million to engage principally in the development of the Site. It is owned as to 70% and 30%, respectively by the Project Holdco and the PRC Partner which is not a connected person of the Company. The relationship between Project Holdco and PRC Partner is governed by the terms of the Cooperation Agreement under which the parties agreed to contribute registered capital, share in the profits and enjoy voting rights pro rata to their equity interest, and Project Holdco would have the right to appoint two of three directors of Project Company and the Chairman of its board. The net asset value of the Project Company as at 31st October, 2021 was nil as its registered capital has not been paid up as at that date. As the Project Company is recently established, it has not recorded any net profits (before or after taxation) since its establishment.

Project Company. By the Project Closing Date (as hereafter defined), an --------------- agreement (the "Project Company Agreement") shall be executed that will replace and supersede this Joint Development Agreement and establish the Project Company. MEI shall not transfer any right, title or interest in the Proposed Project Site (as hereinafter defined) to the Project Company or USGen without the prior written consent of USGen, which consent may be withheld in its sole discretion.

Project Company. Project Company’s principal activity is the development and management of residential and commercial properties. Pursuant to State-owned Land Use Rights Grant Contracts dated 1 February 2018, land use rights in respect of 3 land parcels of a total site area of approximately 36,405 square metres situated at Meiyuan Road, Xin’an Community, ▇▇▇▇▇’an Town in Dongguan, Guangdong province, the PRC (collectively, “Property”) are to be granted to Project Company for terms with expiry dates of 31 January 2088 for residential use and 31 January 2058 for commercial use (collectively “Land Use Rights”).

Project Company. The Client, a company incorporated under the laws of India, whose registered office is situated at ▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇ 700 017, is a joint venture company of InfraCo Asia Durgapur Low Cost Housing Pte. Ltd. (IDLC), which is wholly owned subsidiary of InfraCo Asia Development Pte. Ltd. (InfraCo Asia), and Bengal Aerotropolis Projects Limited (BAPL).

Project Company. In this Water Supply Agreement, the Project Company is obligated, subject to the terms and conditions hereof, to deliver reports, records, designs, plans, drawings, specifications, proposals and other documentary submittals in connection with the performance of its duties hereunder. Except for document submittal governed by Appendix 4 (Design and Construction Review Procedures, Commissioning and Substantial Completion), the Project Company agrees that all such documents shall be submitted to the City in digital form, unless copies are specifically required to be delivered under this Water Supply Agreement. Digital copies shall consist of computer readable data submitted in any standard interchange format which the City may reasonably request to facilitate the administration and enforcement of this Water Supply Agreement. In the event that a conflict exists between the signed or the signed and stamped hard copy of any document and the digital copy thereof, the signed or the signed and stamped hard copy shall govern.