Scope of Joint Venture Sample Clauses

Scope of Joint Venture. The Participants will associate themselves in and constitute, with effect on and from the Effective Date, a contractual joint venture for the following purposes:
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Scope of Joint Venture. The Parties have entered into this joint venture (such enterprise, the “Joint Venture”) to identify and optimize Collaboration Compounds and the Licensed LUNAR Formulation, and for Arcturus to grant Providence the exclusive rights to Develop and Commercialize Collaboration Compounds and Products in the Licensed Field throughout the Territory as set forth in, and pursuant to the terms of, this Agreement.
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Scope of Joint Venture. The Joint Venture shall be engaged in the business of aggregating and purchasing fully-grown, harvested industrial hemp from Farmers in the State of New York to be processed at a Processing Facility. NY – SHI and Canbiola Sub agree jointly to seek Farmers to grow and cultivate the industrial hemp in the State of New York for the Joint Venture (with an initial target of 200 to 400 acres under contract with Farmers for the year 2020), for which the Farmers will be paid on a per-pound basis, depending on the percentage potency of the Product (as more fully described in the model set forth in Exhibit C, attached hereto, which includes assumptions relating to revenues, costs, and potency of CBD for the Depot Model and does not guarantee any specific results). In addition, the Joint Venture may sell to the Farmers feminized hemp seeds, clone plants, and additional materials required to grow and cultivate industrial hemp and provide to the Farmers the initial training reasonably required for them to be able to grow industrial hemp and maximize CBD potency. The business and purpose of the Joint Venture described in this Section 2(c) is referred to in this Agreement as the “Business Scope.” Canbiola Sub will manage and operate the Joint Venture in accordance with the terms of this Agreement.
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Scope of Joint Venture. This Joint Venture Agreement between eConnect and Kesslers only pertains to this "China- Singapore-Hong Kong Joint Venture" and does not create any type of agency or partnership or joint venture or any other type of business relationship (except shareholder status of Kesslers) pertaining to/concerning eConnect's "other" operations i.e. eConnect operations excluding China, Singapore, and Hong Kong and Macao.
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Scope of Joint Venture. On and from the JV Formation Date, Nullagine and Xxxx Xxxxxx will constitute themselves as joint venturers to pursue the following objectives subject to, and in accordance with, the provisions of this Agreement:
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Scope of Joint Venture. On and from the JV Formation Date, Nullagine and Whim Creek Mining will constitute themselves as joint venturers to pursue the following objectives subject to, and in accordance with, the provisions of this Agreement:
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Scope of Joint Venture. A. The scope of the Joint Venture shall be limited to the following:
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Scope of Joint Venture. The Joint Venture, is to be formed by and between Healthbanks and Cesca, focusing to develop and commercialize Cesca’s proprietary cellular processing platform for the use in CMO/CDMO field, including immune cell processing, cryostorage, and other cellular manufacturing services for cell and gene therapies. NAME OF JOINT VENTURE: The name of the Joint Venture is to be ImmuneCyte Inc, organized as C Corp incorporation under the laws of the State of Delaware.
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Scope of Joint Venture 
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Related to Scope of Joint Venture

  • Formation of Joint Venture The JV Parties hereby jointly enter into and form this Joint Venture, for the limited purpose and scope set herein, pursuant to the laws of the State of California and the terms of this Agreement. Notwithstanding the foregoing, except as otherwise expressly provided in this JV Agreement or by other written agreement executed by the JV Parties, no JV Party shall have the authority to act for or to assume any obligations or responsibilities on behalf of any other JV Party. Each of the JV Parties acknowledges and agrees that the creation of the Joint Venture shall be purely contractual in nature, and that (i) the Joint Venture shall not constitute the creation of any separate limited liability company, partnership or other legal entity and (ii) other than as specifically provided herein, neither SMK nor the Investor shall be required to make any filing with, or obtain any consent from, the State of California or any other governmental body, in each case, in order for the Joint Venture to commence and for the JV Parties to be contractually bound by this JV Agreement.

  • No Joint Venture Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.

  • Partnerships and Joint Ventures No Loan Party shall become a general partner in any general or limited partnership or a joint venturer in any joint venture.

  • Subsidiaries; Joint Ventures Schedule 4.12 contains a complete and accurate list of (a) all Subsidiaries of the Borrower, including, with respect to each Subsidiary, (i) its state of incorporation, (ii) all jurisdictions (if any) in which it is qualified as a foreign corporation, foreign limited liability company or foreign limited partnership, as applicable, (iii) the number of shares of its Capital Stock outstanding, (iv) the number and percentage of its shares of Capital Stock owned by the Borrower and/or by any other Subsidiary and (v) whether such Subsidiary is a Guarantor or an Unrestricted Subsidiary (and, if it is an Unrestricted Subsidiary, whether it is a Financial Services Subsidiary), and (b) each Joint Venture, including, with respect to each such Joint Venture, (i) its jurisdiction of organization, (ii) all other jurisdictions in which it is qualified as a foreign entity and (iii) the number and percentage of its shares of Capital Stock owned by the Borrower and/or by any other Subsidiary. All the outstanding shares of Capital Stock of each Subsidiary of the Borrower are validly issued, fully paid and nonassessable, except as otherwise provided by state wage claim laws of general applicability. All of the outstanding shares of Capital Stock of each Subsidiary owned by the Borrower or another Subsidiary as specified in Schedule 4.12 are owned free and clear of all Liens, security interests, equity or other beneficial interests, charges and encumbrances of any kind whatsoever, except for Permitted Liens. Neither the Borrower nor any other Loan Party owns of record or beneficially any shares of the Capital Stock or other equity interests of any Subsidiary that is not a Guarantor, except Unrestricted Subsidiaries.

  • Subsidiaries and Joint Ventures Create, acquire or otherwise suffer to exist, or permit any Subsidiary of such Borrower to create, acquire or otherwise suffer to exist, any Subsidiary or joint venture arrangement not in existence as of the date hereof, except in connection with a Permitted Acquisition.

  • Investments; Joint Ventures Company shall not, and shall not permit any of its Subsidiaries to, directly or indirectly, make or own any Investment in any Person, including any Joint Venture, except:

  • Joint Venture Nothing contained in this Agreement shall be construed as creating a joint venture, partnership, agency or employment relationship between Plan and Controlled Affiliate or between either and BCBSA.

  • Subsidiaries, Partnerships and Joint Ventures Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to own or create directly or indirectly any Subsidiaries other than (i) any Subsidiary which has joined this Agreement as Guarantor on the Closing Date; and (ii) any Domestic Subsidiary formed or acquired after the Closing Date which joins this Agreement as a Borrower or as a Guarantor, and, to the extent not resulting in material adverse tax consequences, any Foreign Subsidiary formed or acquired after the Closing Date which joins this Agreement as a Borrower or as a Guarantor, in each case by delivering to the Administrative Agent (A) a signed Borrower Joinder or Guarantor Joinder, as appropriate; (B) documents in the forms described in Section 6.1 [First Loans] modified as appropriate; (C) documents necessary to grant and perfect the Prior Security Interests to the Administrative Agent for the benefit of the Lenders in the equity interests of, and Collateral held by, such Subsidiary; and (D) such diligence materials in respect of such Subsidiary (including, without limitation, “know your customer”, liens, ERISA and labor matters) as the Administrative Agent shall reasonably request. Each of the Loan Parties shall not become or agree to become a party to a Joint Venture other than Permitted Investments and other investments permitted pursuant to Section 7.2.4 [Loans and Investments]. For purposes of clarity, any Subsidiary organized under the laws of Canada or any political subdivision thereof that is formed or acquired by the Canadian Borrower after the Closing Date shall join this Agreement as a Guarantor of the Canadian Liabilities in accordance with the terms of this Section 7.2.9.

  • Joint Ventures The joint venture or partnership arrangements in which the Company or the Partnership is a co-venturer or general partner which are established to acquire or hold Assets.

  • Joint Venture Agreement The shareholder entity designated by each ASEAN country shall negotiate and conclude, as soon as possible, a joint Venture Agreement acceptable to Malaysia and the Parties, for the setting up of an ASEAN Urea Project in Malaysia. Such joint Venture Agreement shall set out among others: The name and capital structure of the joint Venture company; Constitution of the Board of Directors of the joint Venture company: Protection of minority interests; Scope of the project and its financing.

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