Consortium definition

Consortium. - means several entities joining forces as an umbrella entity to gain a strategic collaborative advantage by combining their expertise, capital, efforts, skills and knowledge for the purpose of executing this tender.
Consortium means an association of medical use licensees and a PET radionuclide production facility in the same geographical area that jointly own or share in the operation and maintenance cost of the PET radionuclide production facility that produces PET radionuclides for use in producing radioactive drugs within the consortium for noncommercial distributions among its associated members for medical use. The PET radionuclide production facility within the consortium must be located at an educational institution or a Federal facility or a medical facility.
Consortium means any group of persons or firms jointly submitting a Bid as Bid to this RFP and “Consortia” means more than one Consortium;

Examples of Consortium in a sentence

  • If a Party breaches this Agreement, the breaching party’s participation in the Consortium will be terminated, and in that case, this Agreement shall terminate with respect to such Party, following which the provisions of Section 5.4(a) shall apply.

  • The Parties acknowledge and agree that S▇▇▇▇▇▇▇ & C▇▇▇▇▇▇▇ (Hong Kong) LLP (“S&C”) has been engaged as counsel for U.S. legal matters to the Consortium, with S&C also acting as counsel for U.S. legal matters to the Parties.

  • The Parties further agree to engage a Cayman Islands counsel and, if necessary, a tax advisor to the Consortium.

  • The Parties may from time to time, in their sole discretion, engage additional such advisors (collectively, “Advisors”) to represent the Consortium in connection with the Transaction.


More Definitions of Consortium

Consortium means when more than one (1) business entities (i.e. Consortium members) agree to work together and submit one (1) Proposal to satisfy the requirements of the RFP. One (1) of the Consortium members shall identify itself as the Proponent and assume full responsibility and liability for the work and actions of all Consortium members;
Consortium shall have the meaning set forth in Recital (B);}
Consortium means the consortium formed by the Parties hereto to undertake the Transaction.
Consortium. - means several entities join force under a large project umbrella to gain a strategic collaborative advantage
Consortium means the consortium of the Centers, managed by the Consortium Board, established on April 29, 2010 to manage and implement the SRF (including CRPs), including as the Consortium is initially operated under a memorandum of understanding with one of the Centers.
Consortium means any joint venture, consortium or other similar arrangement that is not a separate legal entity entered into by the Borrower or any of its Subsidiaries and one or more third parties, provided that no Loan Party shall, whether pursuant to the Constituent Documents of such joint venture or otherwise, be under any Contractual Obligation to make Investments or incur Guaranty Obligations after the Closing Date, or, if later, at the time of, or at any time after, the initial formation of such joint venture, consortium or similar arrangement that would be in violation of any provision of this Agreement.
Consortium means an unincorporated association of natural or juridical persons bound by contract or law, solidarily undertaking by mutual written agreement a common enterprise which is to participate in the Bidding Process.