TERM OF THE JOINT VENTURE. Provision 36: The term of the joint venture shall be 12 years. The founding date of the joint venture shall be the date when the business license is issued. At the suggestion of either party, and with the approval of the Board of Directors, the term of the joint venture can be extended by submitting extension to the Ministry of Foreign Economic Relations and Trade (or its authorized reviewing agency), six months before the term expires.
TERM OF THE JOINT VENTURE. The term of this Joint Venture shall be fifty (50) years from the date when the Stare Administration for Industry and Commerce issues the Joint Venture its business license signifying legal person status.
TERM OF THE JOINT VENTURE. The Joint Venture shall begin as of October 17, 2000, and shall continue until terminated by written agreement of the parties hereto.
TERM OF THE JOINT VENTURE. 7.1. The Joint Venture shall be deemed to have commenced on the signing hereof and shall continue until terminated pursuant to the provisions of this Agreement.
TERM OF THE JOINT VENTURE. 19.1 The term of the JV shall be 20 years starting from the Establishment Date of the JV, unless the JV is terminated prior to the expiration of the term as specified in Article 21 or extends its term as specified in Article 19.2.
TERM OF THE JOINT VENTURE. The term of the joint venture shall be ten (10) years, which shall be computed from the date of issuance of the business license of the C unless prior written termination notice is given by one Party to another or an event occurs as de- scribed in Clause 22. Such term may be extended under the same or new terms and conditions with the written consent of both Parties, at least six (6) months prior to the expiration date.
TERM OF THE JOINT VENTURE. This Agreement is effective as of the date hereof and shall remain in effect indefinitely, until terminated by mutual agreement of the parties or upon termination of the Joint Venture contemplated hereby. The sale or transfer of either party’s shares of stock in the Venture Companies shall not operate so as to terminate this Agreement.
TERM OF THE JOINT VENTURE. Article 40
TERM OF THE JOINT VENTURE. This Agreement shall terminate upon the earliest to occur of: (i) the written election of all of the Joint Venturers, (ii) the written election of either Joint Venturer if CiaoHub has not closed on an Initial Debt Financing in a principal amount of at least US$10,000,000 or other funding acceptable to both Joint Venturers by October 1, 2012, (iii) the written election of a Non-Defaulting Joint Venturer that has issued a Default Notice to a Defaulting Joint Venturer if such default remains uncured for more than 60 days after such Default Notice is issued, (iv) the dissolution of CiaoHub, (v) the occurrence of an Event of Bankruptcy with respect
TERM OF THE JOINT VENTURE. The Joint Venture shall begin on the 24th day of February, 2011 and shall continue until the 24th day of February, 2026 (the “Termination Date”); provided, however, that (a) if Global Earth does not receive $100,000,000 from the sale by Global Earth of 1,000 shares of the Global Earth Energy, Inc. Series A Preferred Stock (the “Series A Preferred Stock”) to LB Xxx Co., Ltd., a South Korean corporation, within thirty (30) days from the date of this Agreement, then this Agreement shall automatically terminate, and (b) if Global Earth does not make its entire committed capital contribution within the deadlines set forth in Paragraph 4(a)(ii), Bio Lubbock may terminate this Agreement.
