Common use of RIGHTS AND DUTIES OF THE JOINT VENTURERS Clause in Contracts

RIGHTS AND DUTIES OF THE JOINT VENTURERS. Any Joint Venturer shall have complete authority and discretion in the management and control of the business of the Joint Venture for the purposes herein stated and shall make all decisions affecting the business of the Joint Venture. At such, any action taken shall constitute the act of, and serve to bind, the Joint Venture. He shall manage and control the affairs of the Joint Venture to the best of its ability and shall use its best efforts to carry out the business of the Joint Venture.

RIGHTS AND DUTIES OF THE JOINT VENTURERS. Any 5.01 Business of the Joint Venturer Venture. PARTNER 1 shall have full, exclusive and complete authority and discretion in the management and control of the business of the Joint Venture for the purposes herein stated and shall make all decisions affecting the business of the Joint Venture. At As such, any action taken shall constitute the act of, and serve to bind, the Joint Venture. He Partners shall manage and control the affairs of the Joint Venture to the best of its their ability and shall use its best efforts to carry out the business of the Joint Venture.