Development Joint Venture definition

Development Joint Venture means an incorporated or unincorporated partnership, or other jointly owned enterprise or entity or a joint venture or contractual relationship (even if not a partnership or joint venture) to which the Borrower or a Subsidiary is a party which has been formed for the purpose of exploring for and/or developing Oil and Gas Properties, where each of the parties thereto have either contributed or agreed to contribute cash, services, Oil and Gas Properties, other assets, or any combination of the foregoing.
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Development Joint Venture means an entity which owns a Development Joint Venture Investment.
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Development Joint Venture means an entity that satisfies the following requirements: (1) the Borrower or a Consolidated Subsidiary has a direct or indirect ownership interest in such entity; (2) the Borrower or a Consolidated Subsidiary Controls such entity; and (3) neither the Borrower nor any Consolidated Subsidiary, individually or with another Consolidated Subsidiary or the Borrower, has agreed to be responsible for more than 50% of the obligations, liabilities or costs of such entity.
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Examples of Development Joint Venture in a sentence

  • Yield Rise holds 87.5% equity interests in Best Wonder Holdings Limited, which in turn holds 100% equity interests in Good Wishes Investment Limited (“Good Wishes”) and Good Wishes in turn holds 80% equity interests in Dan Tien Port Development Joint Venture Co, Limited (“Dan Tien”).

  • The author believes that the electronic discourse is like a half-speech between the conversation and writing, with its own characteristics and graphology.

  • Bickerstaff and Associates, Incorporated, on behalf of Candlelight Development Joint Venture (Alvin L.

  • The restaurant manager of each restaurant owned by a Development Joint Venture purchases a 10% interest in the restaurant he or she manages.

  • Alternatively, the excise duties refunded by GOI on imported diesel and gasoline used by the transport sector could be earmarked to finance road maintenance expenditures.

  • The Number of Share Purchase 4,900,000 shares or 49 percentPar Value Baht 100Type of Business Property Development Business, Condominium ProjectThe Company Registration and On 5 January 2015 as a joint venture company between Ananda Development Joint Venture Public Company Limited holds 51% and Sea Investment Five Pte.

  • Under the Cameco JV agreement, if there is a discovery of a mineral resource containing at least 25,000,000 pounds of U3O8, or other minerals with an equivalent value, the area of the resource, plus other ground necessary for the development, will become subject to a separate Development Joint Venture wherein the parties would continue to fund equally.

  • During the year ended December 31, 2010, we received $32,731 in investor proceeds through our DRP.Capital Expenditures and Development Joint Venture ActivityWe anticipate that capital demands to meet obligations related to capital improvements with respect to properties will be minimal for the foreseeable future (as many of our properties have recently been constructed or renovated) and can be met with funds from operations and working capital.

  • Woodside Energy Limited, on behalf of the Browse LNG Development Joint Venture participants, was appointed as the potential Foundation Proponent for the BLNG Precinct under the Preliminary Development Agreement signed in October 2009.

  • Developer: Mountain View Ranch Development Joint Venture, L.L.C. (District 4) On consideration, it was moved by Supervisor Bronson, seconded by Supervisor Valadez and unanimously carried by a 5-0 vote, to approve the items.


More Definitions of Development Joint Venture

Development Joint Venture. “Domestic Subsidiary”, “EBITDAR”, “Environmental Authority”, “Environmental Authorizations”, “Environmental Judgments and Orders”, “Environmental Laws”, “Environmental Liabilities”, “Environmental Notices”, “Environmental Proceedings”, “Environmental Releases”, “Environmental Requirements”, “ERISA”, “Foreign Subsidiary”, “Guarantee”, “Hazardous Materials”, “Investment”, “Lien”, “Margin Stock”, “Multiemployer Plan”, “Net Income”, “Participating Subsidiary”, “PBGC”, “Permitted Acquisition”, “Permitted Consolidations, Mergers and Sales of Assets”, “Permitted Liens”, “Permitted Loans and Advances”, “Permitted Securitization”, “Person”, “Plan”, “Priority Debt”, “Properties”, “Purchase Money Note”, “Receivables Subsidiary”, “Redeemable Preferred Stock”, “Securitization Assets”, “Securitization Documents”, “Securitization Facility Attributed Debt”, “Standard Securitization Undertakings”, “Stockholders Equity”, “Synthetic Lease Indebtedness”, “Synthetic Lease Transaction”, “Taxes” and “Third Parties”.
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Development Joint Venture. , "Domestic Subsidiary", "EBITDA", "Environmental Authority", "Environmental Authorizations",
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Development Joint Venture means a Person, all of the issued and outstanding equity interests of which are held only by RCLP (or its Wholly Owned Subsidiaries) or RRG, and which was formed or acquired for the purpose of developing or redeveloping Properties and rendering services to tenants permitted to be performed by a "taxable REIT subsidiary" within the meaning of Section 856(e) of the Internal Revenue Code, which services, if performed by RCLP or RRG, would cause income received from such tenant to fail to qualify as "rents from real property" within the meaning of Section 856(d) of the Internal Revenue Code.
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Related to Development Joint Venture

  • Company Joint Venture means any corporation or other entity (including partnership, limited liability company and other business association) that is not a Company Subsidiary and in which the Company or one or more Company Subsidiaries owns an equity interest (other than equity interests held for passive investment purposes which are less than 5% of any class of the outstanding voting securities or other equity of any such entity).

  • consortium or joint venture means an association of persons for the purpose of combining their expertise, property, capital, efforts, skill and knowledge in an activity for the execution of a contract;

  • Permitted Joint Venture means, with respect to any specified Person, a joint venture in any other Person engaged in a Similar Business in respect of which the Issuer or a Restricted Subsidiary beneficially owns at least 35% of the shares of Equity Interests of such Person.

  • Eligible joint venture means an association of one or more small business enterprises in combination with one or more veteran-owned business enterprises, proposing to perform as a single for-profit business enterprise, in which each joint venture partner contributes property, capital, efforts, skill and knowledge. Joint ventures must have an agreement in writing specifying the terms and conditions of the relationship between the partners and their respective roles in the contract.

  • Joint Venture” - (Project means two or more businesses joining together under a contractual agreement to conduct a specific business enterprise with both parties sharing profit and losses. The venture is for one specific project only, rather than for a continuing business relationship as in a strategic alliance. It is about sharing risk with others and providing one or more missing and needed assets and competencies.

  • Permitted Joint Ventures means one or more joint ventures formed (a) by the contribution of some or all of the assets of the Company’s or a Permitted Affiliate Parent’s business solutions division pursuant to a Business Division Transaction to a joint venture formed by the Company, a Permitted Affiliate Parent or any of the Restricted Subsidiaries with one or more joint venturers and/or (b) for the purposes of network and/or infrastructure sharing with one or more joint venturers.

  • Joint Venture Agreement means, for any Joint Venture, any stockholder agreement, voting trust agreement, limited liability agreement, partnership agreement, limited partnership agreement, operating agreement or other similar agreement related to the ownership of the Equity Interests of such Joint Venture having ordinary voting power for the election of directors or other governing body of such Joint Venture among the owners of such Equity Interests.

  • Development Agreement has the meaning set forth in the Recitals.

  • Joint Venture means any joint venture entity, whether a company, unincorporated firm, undertaking, association, joint venture or partnership or any other entity.

  • Joint Venture Company means any Subsidiary of the Company or any other Person of which 50% or less than 50% of the outstanding Voting Stock or participation is held by the Company or its Subsidiaries, whose Equity Interest is held directly or indirectly by the Company and one or more third parties that are not Affiliates of the Company for the purpose of directly or indirectly bidding new projects, including such Subsidiaries or Persons of the Company whose activities are governed by a joint venture agreement with one or more third parties that are not Affiliates of the Company.

  • Development Agreements means all development, utility or similar agreements included in the Permitted Encumbrances.

  • Joint Venture (JV means an association with or without a legal personality distinct from that of its members, of more than one Consultant where one member has the authority to conduct all business for and on behalf of any and all the members of the JV, and where the members of the JV are jointly and severally liable to the Procuring Entity for the performance of the Contract.

  • Consortium Agreement means this consortium agreement as well as the pre-amble and all annexes hereto;

  • Collaboration has the meaning set forth in Section 2.1.

  • Development Team means the entities and professionals assembled to develop and manage the Project, typically including the Applicant, Owner, Developer(s), Co-Developer(s) and general partner or any other related entities in which the Developer or Co-Developer has an identity of interest or a Controlling Interest.

  • Joint Venture Agreements means, collectively any agreement which establishes a Joint Venture and any governing documents related thereto.

  • Venture means any group of two or more persons associated in fact, whether or not a legal entity.

  • Development Consent means the consent granted to the Development Application for the Development and includes all modifications made under section 4.55 of the Act.

  • Development Project means a project for the development of land within a

  • Development Program means the implementation of the development plan.

  • Joint Venture Entity means any Joint Venture, any Wholly-Owned Subsidiary of a Joint Venture or any JV Subsidiary.

  • Design Development Documents means the Drawings, Specifications and other documents prepared by the Trade Contractor that establish and describe the size and character of the Trade Contractor Work as to architectural, civil, structural, mechanical and electrical systems, graphics and signage, and other elements, and which include typical construction details, equipment layouts and specifications that identify major materials and systems.

  • Development Phase means the period before a vehicle type is type approved.

  • Alliance means the Public Service Alliance of Canada;

  • Collaboration Agreement has the meaning set forth in the Recitals.

  • Project Plan means the document to be developed by the Contractor and approved by Webel Technology Ltd., based on the requirements of the Contract and the Preliminary Project Plan included in the Contractor’s bid. For the sake of clarity, the Agreed and Finalized Project Plan” refers to the version of the Project Plan submitted by the contractor after receiving the letter of Award and the same approved by Webel Technology Ltd. The project plan may be changed/ modified during the course of the project. Should the Project Plan conflict with the provisions of the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.