Investments in Joint Ventures definition

Investments in Joint Ventures means the Companies’ investments in the Stock of, or loans and advances to, partnerships, joint ventures, and similar entities that are not Consolidated Affiliates. Investments in Joint Ventures, as of any date, shall be calculated as the lesser of the Companies’ Share of (a) the Approved Costs of each Property owned by an Unconsolidated Affiliate, and (b) the sum of (i) the book value of such Property on the financial statements of such Unconsolidated Affiliate determined in accordance with GAAP plus (ii) accumulated depreciation with respect to such Property determined in accordance with GAAP.
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Investments in Joint Ventures means investments (as defined in subsection 7.9 hereof) in joint ventures that are general partnerships, limited partnerships, limited liability companies, corporations or any other business association formed for the purpose of acquiring land, the majority of which land is zoned residential and is to be developed into residential lots for attached or detached single family housing (including a townhouse condominium building or condominium building), and/or performing such development. The value of Investments in Joint Ventures shall be calculated in accordance with GAAP.
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Investments in Joint Ventures is defined in Section 2.8.
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Examples of Investments in Joint Ventures in a sentence

  • Accounting for Investments in Joint Ventures For joint ventures in which the Company does not have joint control or significant influence, the cost method is used.

  • Investments in Joint Ventures ( i.e. jointly controlled entities) are accounted for in accordance with AS-27 on Financial Reporting of Interest in Joint Ventures, prescribed under the Act, using proportionate consolidation principles based on the financial statements of the respective entities.

  • See related discussion on Note 10 – Investments in Associates and Joint Ventures – Investments in Joint Ventures.

  • Investments in Joint Ventures are dealt with in accordance with Accounting Standard (AS-27) “Financial Reporting of Interests in Joint Ventures”.

  • Investments in Joint Ventures Investments in joint ventures are accounted for using the equity method.

  • Please refer to the Company’s audited annual consolidated financial statements for the year ended December 31, 2012 for more information on these entities.Under IAS 31 Investments in Joint Ventures (prior to the transition to IFRS 11), the Company’s interest in Titan, Gusgo and IC Group were classified as jointly controlled entities and Tuckamore’s share of assets, liabilities, revenue and expenses were proportionately consolidated in the consolidated financial statements.

  • Investments in Joint Ventures having an aggregate fair market value (measured on the date each such Investment was made and without giving effect to subsequent changes in value), when taken together with all other Investments made pursuant to this clause (14) that are at any time outstanding, not to exceed the greater of (x) $225.0 million and (y) 7.5% of Consolidated Total Assets.

  • Investments in Joint Ventures have been accounted under the proportionate consolidation method as per Accounting Standard (AS-27) – Financial Reporting of Interests in Joint Ventures.

  • Investments in Joint Ventures are stated at cost.Current investments being readily realizable and intended to be held for less than a year are carried at cost or market rate whichever is lower, on individual investment basis.

  • Investments in Joint Ventures have been accounted under the proportionate consolidation method as per Accounting Standard AS-27 – Financial Reporting of Interests in Joint Ventures.


More Definitions of Investments in Joint Ventures

Investments in Joint Ventures means the net equity investment of the Company or any Restricted Subsidiary in all real estate limited liability companies, partnerships or joint ventures (including without limitation Approved Joint Ventures) entered into solely for the purpose of acquiring real property, developing residential lots or other developments and distributing the same to the owners of such entities, valued at the equity method. The term "Eligible" used in connection with Investments in Joint Ventures means any of the foregoing joint ventures or other entities between the Company or a Restricted Subsidiary on one hand, and M/I Schottenstein Homes, Inc., Homewood Corporation, Rockford Homes, Inc., Xxxxxx Investment Company or other joint venture partner or member whose profitability and balance sheet demonstrate creditworthiness, as determined by the Administrative Agent.
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Investments in Joint Ventures means the net equity investment of the Company or any Restricted Subsidiary in all real estate limited liability companies, partnerships or joint ventures (including without limitation Approved Joint Venture) entered into solely for the purpose of acquiring real property, developing residential lots or other developments and distributing the same to the owners of such entities, valued at the equity method.
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Investments in Joint Ventures means any Investment of Borrower or any of its Subsidiaries in a Person that (i) is not a Subsidiary, (ii) has at all times no Indebtedness (other than trade accounts payable and other accrued expenses in the ordinary course of business) or Liens on its Property (other than Permitted Liens), and (iii) that is comprised of financially solvent Persons with experience in the for sale home building business comparable to Borrower or otherwise of sound reputation in the real estate industry, for the purpose of acquiring land that is zoned for use as a site for single family dwellings, or developing such land with single family dwellings.
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Related to Investments in Joint Ventures

  • 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 Ventures means the joint venture or partnership or other similar arrangements (other than between the Company and the Operating Partnership) in which the Company or the Operating Partnership or any of their subsidiaries is a co-venturer, limited liability company member, limited partner or general partner, which are established to acquire or hold Investments.

  • Permitted Joint Venture Investment means, with respect to any specified Person, Investments in any other Person engaged in a Permitted Business of which at least 40% of the outstanding Capital Stock of such other Person is at the time owned directly or indirectly by the specified Person.

  • 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.

  • 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;

  • Joint Venture Investment means, with respect to any Obligor, any Investment by such Obligor in a joint venture or other investment vehicle in the form of a capital investment, loan or other commitment in or to such joint venture or other investment vehicle pursuant to which such Obligor may be required to provide contributions, investments, or financing to such joint venture or other investment vehicle and which Investment the Borrower has designated as a “Joint Venture Investment”.

  • Wholly-Owned Consolidated Subsidiary means any Consolidated Subsidiary all of the shares of capital stock or other ownership interests of which (except directors' qualifying shares) are at the time directly or indirectly owned by the Borrower.

  • Permitted Business Investments means Investments made in the ordinary course of, and of a nature that is or shall have become customary in, the Oil and Gas Business, including through agreements, transactions, interests or arrangements that permit one to share risk or costs, comply with regulatory requirements regarding local ownership or satisfy other objectives customarily achieved through the conduct of the Oil and Gas Business jointly with third parties, including without limitation:

  • Joint Venture Subsidiary means a Subsidiary of the Company or any of its Subsidiaries that has no assets and conducts no operations other than its ownership of Equity Interests of a Joint Venture.

  • 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.

  • Investments as defined in Section 7.8.

  • Restricted Investments means all Investments except the following:

  • Special Purpose Investment Personnel means each SEI Access Person who, in connection with his or her regular functions (including, where appropriate, attendance at Board meetings and other meetings at which the official business of a Trust or any Fund thereof is discussed or carried on), obtains contemporaneous information regarding the purchase or sale of a Security by a Fund. Special Purpose Investment Personnel shall occupy this status only with respect to those Securities as to which he or she obtains such contemporaneous information.

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

  • Joint Venturers means Xxxxxxx Mining Limited a company incorporated in the State of Western Australia and its successors, permitted assigns and appointees;

  • Family of Investment Companies as used herein means two or more registered investment companies (or series thereof) that have the same investment adviser or investment advisers that are affiliated (by virtue of being majority owned subsidiaries of the same parent or because one investment adviser is a majority owned subsidiary of the other).

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

  • Permitted Business Investment means any Investment made in the ordinary course of, and of a nature that is or shall have become customary in, the Oil and Gas Business including investments or expenditures for actively exploiting, exploring for, acquiring, developing, producing, processing, gathering, marketing or transporting oil, natural gas or other Hydrocarbons and minerals through agreements, transactions, interests or arrangements which permit one to share risks or costs, comply with regulatory requirements regarding local ownership or satisfy other objectives customarily achieved through the conduct of the Oil and Gas Business jointly with third parties including:

  • Restricted Investment means an Investment other than a Permitted Investment.

  • Special Purpose Subsidiary means any (a) not-for-profit Subsidiary, (b) captive insurance company or (c) Receivables Subsidiary and any other Subsidiary formed for a specific bona fide purpose not including substantive business operations and that does not own any material assets, in each case, that has been designated as a “Special Purpose Subsidiary” by the Borrower.

  • Unrestricted Subsidiaries means any Subsidiary of the Company that (a) shall have been designated as an “Unrestricted Subsidiary” in accordance with the provisions of Section 1.05 and (b) any Subsidiary of an Unrestricted Subsidiary; notwithstanding the foregoing, so long as a Subsidiary Borrower has Term Loans outstanding under this Agreement, such Subsidiary Borrower shall not be an Unrestricted Subsidiary.

  • Permitted Investment means an Investment by the Company or any Restricted Subsidiary in:

  • Wholly Owned Restricted Subsidiary is any Wholly Owned Subsidiary that is a Restricted Subsidiary.

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