Common use of The Joint Venture Clause in Contracts

The Joint Venture. 2.1 The Venturers shall promote the Company as a joint venture between them on and subject to the terms of this Agreement. 2.2 The business of the Company shall be the direct and indirect holding of shares of and in the companies of the Alfa-Eco Group with such variations and extensions of those activities as may be made from time to time in accordance with this Agreement. 2.3 The Shareholders agree that the Company shall have autonomy to carry out its business in accordance with and subject to the terms of this Agreement including, but not limited to, the principles set out in Schedule 2. 2.4 The Shareholders have further agreed on certain principles set out and contained in Schedule 6 of this Agreement for the future restructuring of the Company, its Investment Assets and trading operation and business.