Joint Venture Interest definition

Joint Venture Interest means an acquisition of or Investment in Equity Interests in any Person incorporated or otherwise formed pursuant to the laws of the United States or Canada or any state or province thereof or the District of Columbia, held directly or indirectly by the Borrower, that will not be a Subsidiary or Unrestricted Subsidiary after giving effect to such acquisition or Investment.
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Joint Venture Interest means an acquisition of or Investment in Equity Interests in another Person, held directly or indirectly by the MLP, that will not be a Subsidiary after giving effect to such acquisition or Investment.
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Joint Venture Interest has the meaning ascribed to it in paragraph 9.4
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Examples of Joint Venture Interest in a sentence

  • Subject to the other provisions of this Agreement, all property subject to this Agreement, including the Facility, the leases for its site, Feed-in-Tariff contract, and intangible rights such as an interest in required licenses shall be taken in the names of the Venturers as tenants-in-common in their respective Joint Venture Interest.

  • If, after Termination, any claim, liability, or expense shall be asserted against the Joint Venture which was not used in computing the profits and losses of the Venture and which is a proper item of computation, the Venturers shall bear the amount of any such claim, liability, or expense in their proportionate Joint Venture Interest.

  • Either Venturer (referred to in this subsection as the “Offeror”) who desires to Transfer all of its Joint Venture Interest shall first offer to Transfer such Interest to the other Venturer.

  • A transfer of a Joint Venture Interest under this Agreement shall be subject to the terms and conditions of this Agreement and to any amendment of this Agreement, and assuming all liabilities incurred by the Transferring Venturer to the effective date of Transfer unless otherwise agreed by the Venturers in writing.

  • Distributions to the Venturers shall be made in proportion to their Joint Venture Interest, and after all operational, financial, and marketing expenses of the Joint Venture are paid, in accordance to the flow of funds outlined in Schedule “C”.


More Definitions of Joint Venture Interest

Joint Venture Interest means the percentage undivided interest of each of Xxxxxx and Falconbridge in the Joint Venture, which interest shall, at all times, correspond with and represent their respective percentage undivided interest in the Property and vice versa.
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Joint Venture Interest means in relation to a Participant:
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Joint Venture Interest means an acquisition of or Investment in Equity Interests in any Person, held directly or indirectly by the Borrower, that will not be a Subsidiary or Unrestricted Subsidiary after giving effect to such acquisition or Investment.
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Joint Venture Interest means the following rights, liabilities and obligations of a Joint Venturer determined under this agreement:
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Joint Venture Interest means the proportion of the Venturer’s ownership interest in the Facility and in any other assets of the Joint Venture as described in Schedule “A” hereto.
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Joint Venture Interest means the interest of the Corporation in the joint venture in respect of the San Xxxx Project located in Argentina;
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Joint Venture Interest means the following obligations, benefits and rights of a Participant expressed as a percentage determined in accordance with this agreement:
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