Joint Venture definition

Joint Venture means a joint venture, partnership or other similar arrangement, whether in corporate, partnership or other legal form; provided, in no event shall any corporate Subsidiary of any Person be considered to be a Joint Venture to which such Person is a party.

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Joint Venture means any joint venture, limited liability company or other Affiliate of the Company that owns, in whole or in part, on behalf of the Company any Properties, Loans or other Permitted Investments.

Joint Venture means any Person that is not a direct or indirect Subsidiary of the Company in which the Company or any of its Restricted Subsidiaries makes any Investment.

Examples of Joint Venture in a sentence

• The Cayman Joint Venture shall grant in favor of BAIF an irrevocable pledge over the equity interests of the Pledged Shares, which shall remain as security on a pro rata basis for the satisfaction of all Minimum Gross Payments.

• The veto right shall not apply to decisions of an administrative or routine nature that do not significantly affect the Joint Venture Company’s purpose, strategy, assets, or business plan and which are included in the approved budget or development plan.

• Description: A written development plan is prepared and presented by BAIF and accepted by the Joint Venture Company’s governing body.

• If any third-party lender were to perfect a lien over equity interests with consent of the Joint Venture Company, and such lien does not comply with this Clause, the lender shall be subrogated only in a subordinated right after satisfaction of all obligations secured by the original pledge to BAIF and any other preferential rights set forth in this Agreement or the SPA.

• BAIF is, since its incorporation, the former holder of the SPVs transferred to the Cayman Vehicle under the SPA for equity interests in the Joint Venture Company that own the respective data center infrastructure projects (“Data Centers”) intended for Artificial Intelligence in Spain (Córdoba, Cáceres, Vianos, Malpica and ▇▇▇▇▇▇▇▇▇▇), and has the technical, operational and management experience in the development of such assets held by the Joint Venture Company.

More Definitions of Joint Venture

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.

Joint Venture means an association of a MBE or WBE firm and one or more other firms to carry out a single, for-profit business enterprise, for which each joint venture partner contributes property, capital, efforts, skills and knowledge, and in which the MBE or WBE is responsible for a distinct, clearly defined portion of the work of the contract and whose share in the capital contribution, control, management, risks, and profits of the joint venture are commensurate with its ownership interest.

Joint Venture means the group of entities which have come together for implementation of this Project;

Joint Venture or “Joint Ventures” means those joint venture or general partnership arrangements in which the Company or the Operating Partnership is a co-venturer or general partner which are established to acquire Properties.

Joint Venture means any Person, other than an individual or a Wholly Owned Subsidiary of Borrower, in which Borrower or a Restricted Subsidiary of Borrower (directly or indirectly) holds or acquires an ownership interest (whether by way of capital stock, partnership or limited liability company interest, or other evidence of ownership).

Joint Venture means any partnership, corporation or other entity, in which up to and including 50% of the partnership interests, outstanding voting stock or other equity interests is owned, directly or indirectly, by the Company and/or one or more of its Subsidiaries.

Joint Venture means any joint venture or similar arrangement (in each case, regardless of legal formation), including but not limited to collaboration arrangements, profit sharing arrangements or other contractual arrangements.