Joint Venture (JV) or Consortium definition

Joint Venture (JV) or Consortium means an association of more than one Consultant but not more than two, where lead /Sole member has the authority to conduct all business for and on behalf of any and all the members, and where the members are jointly and severally liable to the Client for the performance of the Contract.
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Joint Venture (JV) or Consortium 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 Client for the performance of the Contract.
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Examples of Joint Venture (JV) or Consortium in a sentence

  • Bidder intend to enter into an agreement or under an existing agreement in the form of a Joint Venture (JV) or Consortium shall not be eligible, unless otherwise specified in the Bid Data Sheet.

  • The bidder may be any entity which is a sole proprietorship firm, a partnership firm or a company having registered office in India & incorporated under the companies’ act 1956/2013 or a combination of above in the form of Joint Venture (JV) or Consortium.

  • The bidder may be any entity which is a sole proprietorship firm, a partnership firm or a company having registered office in India & incorporated under the companies act 1956/2013 or a combination of above in the form of Joint Venture (JV) or Consortium.

  • All members of Joint Venture (JV) or Consortium or Association shall enter into a Joint Venture Agreement/ Consortium Agreement/ Association Agreement as per format prescribed at TECH FORM – 2A: JV AGREEMENT.

  • The bidder should be a Registered Proprietorship firm or Partnership Firm or Company or Joint Venture (JV) or Consortium or other Statutory Body registered in India or any association or body of individuals or any institution / body corporate registered in India and capable of holding properties.

  • A Tenderer may be from any country either as a single entity or any combination of entities in the form of a Joint Venture (JV) or Consortium under an existing agreement.

  • Sole Bidder or each partner of Joint Venture (JV) or Consortium shall furnish details regarding profile, communication details, Organization history, litigation history and responsibilities of each entity and the commitments each entity has made towards the Joint Venture (JV) or Consortium as per the format given at Annexure-F.

  • This MoU shall be signed by all the Joint Venture (JV) or Consortium partners/members, through their respective legally authorized signatories.

  • CMRL invites sealed Bids from suitable Bidders who may be a registered sole proprietorship firm, a partnership firm or a company having registered office in India or a combination of above in the form of Joint Venture (JV) or Consortium, etc.

  • The Applicant may be any entity i.e. sole proprietorship firm, a partnership firm or a company having registered office in India & incorporated under the companies act 1956/2013 or a combination of above in the form of Joint Venture (JV) or Consortium.

Related to Joint Venture (JV) or Consortium

  • 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.

  • 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.

  • Joint Venture Agreement has the meaning set forth in the Recitals.

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

  • Partnership has the meaning set forth in the Preamble.

  • Member in a Bidding Consortium or “Member” shall mean each Company in a Bidding Consortium. In case of a Technology Partner being a member in the Consortium, it has to be a Company.

  • 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.

  • Sole proprietorship means a form of business in which one person owns all the assets of the business, in contrast to a partnership or corporation.