CCV Joint Ventures definition

CCV Joint Ventures means (a) any joint venture to be established by the Borrower and/or one of its Subsidiaries and CCV to develop a business similar to the CCV business in all geographical areas within North America and South America using certain assets, contracts and intellectual property rights to be transferred by CCV and its related entities and (b) any joint venture to be established by the Borrower and/or one of its Subsidiaries to develop a business similar to the CCV business in all geographical areas outside of Australia, the United Kingdom, North America and South America using certain assets, contracts and intellectual property rights to be transferred by CCV and its related entities.

Examples of CCV Joint Ventures in a sentence

  • Use the proceeds of the Extension of Credits solely (a) to refinance certain existing Indebtedness of the Credit Parties and their Subsidiaries, (b) to pay any costs, fees and expenses associated with this Agreement on the Closing Date and (c) or working capital and other general corporate purposes of the Credit Parties and their Subsidiaries, including the Permitted Acquisitions, the CCV Acquisition, the CCV Joint Ventures and the other Investments permitted by Section 6.5(h).