Common use of SPV Clause in Contracts

SPV. a special purpose vehicle controlled by the Company through which the Company can invest in the objects specified in the Documents of the Company.

SPV. a special purpose vehicle controlled directly or indirectly owned by the Company through which the Company can controls by exercising a direct decisive influence on it and the sole purpose of which is to invest in the investment objects specified in the Documents of the Company.. The term SPV also refers to Controlled Companies and Real Estate Companies as defined in the Company’s Articles of Association;