Purpose and Scope of Joint Venture Sample Clauses

Purpose and Scope of Joint Venture. 3.1 The Business of the Company shall be to act as a holding company for e-commerce investments in Vietnam which shall include (i) e-retail business including one or several physical places of business; (ii) e-market place business; (iii) online advertising business; and (iv) other related activities (the “Business”). The head office of the Company shall be situated in Hong Kong.
AutoNDA by SimpleDocs
Purpose and Scope of Joint Venture. The purpose of the Joint Venture shall be limited to submitting proposals for, and if successful, performing Contracts pursuant to the terms of this Agreement. If either Participant wishes to bid on any new Project, that Participant shall bring the tender for the Project to the Management Committee for consideration. The Management Committee shall have the discretion to decide to submit a tender for any Project. Except as otherwise agreed in writing by the Participants no other projects shall be undertaken by the Participants through this Joint Venture. Nothing provided in this Agreement shall prohibit or restrict any Participant from undertaking and performing during the term of the Joint Venture, for its own account or with any other person, firm or corporation, any work for existing customers that are currently on a Participant’s customer list other than the Work, whether or not such work is similar to the Work.
Purpose and Scope of Joint Venture. The primary purpose of the joint venture is for Ma’aden and Ivanhoe Electric to combine certain of their assets, technology, people and skills in order to survey, review, identify and explore prospective mineral deposits within the Kingdom under exploration licenses held by Ma’aden. Should any economically viable mineral deposits within the Kingdom be identified as a result of the joint efforts of Ma’aden and Ivanhoe Electric, the parties intend to continue the 50:50 joint venture for the further development of such mining projects into operating mines. The parties recognize that the primary use for the Typhoon™ units shall be on Ma’aden Land (as defined below). To the extent that Ma’aden proposes as part of the Saudi JVCo governance framework to use the Typhoon™ units on other land, Ma’aden and Ivanhoe Electric shall discuss such proposal in good faith. The parties also agree that any survey to be conducted for metallic minerals through the use of the Typhoon™ units in the Kingdom on any land (whether or not licensed to Ma'aden) shall be carried out by the Saudi JVCo on an exclusive basis.
Purpose and Scope of Joint Venture 

Related to Purpose and Scope of Joint Venture

  • Purpose and Scope (a) The purpose of these standard contractual clauses is to ensure compliance with the requirements of Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data (General Data Protection Regulation)1 for the transfer of personal data to a third country.

  • PURPOSE AND SCOPE OF AGREEMENT 1.01 The purpose of this Agreement is to maintain harmonious and mutually beneficial relationships between the Employer, the Union and the employees and to set forth herein certain terms and conditions of employment upon which agreement has been reached through collective bargaining.

  • Object and Scope of the Agreement The competent authorities of the Contracting Parties shall provide assistance through exchange of information that is foreseeably relevant to the administration and enforcement of the domestic laws of the Contracting Parties concerning taxes covered by this Agreement. Such information shall include information that is foreseeably relevant to the determination, assessment and collection of such taxes, the recovery and enforcement of tax claims, or the investigation or prosecution of tax matters. Information shall be exchanged in accordance with the provisions of this Agreement and shall be treated as confidential in the manner provided in Article 8. The rights and safeguards secured to persons by the laws or administrative practice of the requested Party remain applicable to the extent that they do not unduly prevent or delay effective exchange of information.

  • Purpose and Application This document (“DPA”) is incorporated into the Agreement and forms part of a written (including in electronic form) contract between SAP and Customer. This DPA applies to Personal Data processed by SAP and its Subprocessors in connection with its provision of the Cloud Service. This DPA does not apply to non-production environments of the Cloud Service if such environments are made available by SAP, and Customer shall not store Personal Data in such environments.

  • Purpose and Background 1.00─Purpose and Background

  • TERM AND SCOPE OF THE CIA A. This CIA shall have a term of five years from the Effective Date. The Effective Date shall be the date on which the final signatory signs this CIA. Each one- year period, beginning with the one-year period following the Effective Date, shall be referred to as a “Reporting Period.”

  • ANNEXURE A: The Tender Document for construction of Crushing, Grinding, Thickening, Neutralization and Allied system as specified in Tender Specification N.I.T. No. : TMD INST.-001 dated ………../..………./.2007.

  • Purpose and Business The purpose and nature of the business to be conducted by the Partnership shall be to (a) engage directly in, or enter into or form, hold and dispose of any corporation, partnership, joint venture, limited liability company or other arrangement to engage indirectly in, any business activity that is approved by the General Partner and that lawfully may be conducted by a limited partnership organized pursuant to the Delaware Act and, in connection therewith, to exercise all of the rights and powers conferred upon the Partnership pursuant to the agreements relating to such business activity, and (b) do anything necessary or appropriate to the foregoing, including the making of capital contributions or loans to a Group Member; provided, however, that the General Partner shall not cause the Partnership to engage, directly or indirectly, in any business activity that the General Partner determines would be reasonably likely to cause the Partnership to be treated as an association taxable as a corporation or otherwise taxable as an entity for federal income tax purposes. To the fullest extent permitted by law, the General Partner shall have no duty or obligation to propose or approve the conduct by the Partnership of any business and may decline to do so free of any fiduciary duty or obligation whatsoever to the Partnership or any Limited Partner and, in declining to so propose or approve, shall not be required to act in good faith or pursuant to any other standard imposed by this Agreement, any Group Member Agreement, any other agreement contemplated hereby or under the Delaware Act or any other law, rule or regulation or at equity and the General Partner in determining whether to propose or approve the conduct by the Partnership of any business shall be permitted to do so in its sole and absolute discretion.

  • Purpose and Applicability (a) The purpose of this Exhibit is to provide a description of Part 504 of NYSERDA’s regulations, which consists of NYSERDA’s policy for making payment promptly on amounts properly due and owing by NYSERDA under this Agreement. The section numbers used in this document correspond to the section numbers appearing in Part 504 of the regulations.2

  • Scope of Agreement Nothing in this Agreement shall be deemed to entitle Executive to continued employment with the Company or its Subsidiaries, and if Executive’s employment with the Company shall terminate prior to a Change in Control, Executive shall have no further rights under this Agreement (except as otherwise provided hereunder); provided, however, that any termination of Executive’s employment during the Termination Period shall be subject to all of the provisions of this Agreement.

Time is Money Join Law Insider Premium to draft better contracts faster.