Examples of Joint Ventures in a sentence
Upon the Joint Venture being formed, ACME Lithium will forthwith transfer either a 51% interest, or a 90% interest, as the case may be, to the Joint Venture and register it with the appropriate government office and deliver to Snow Lake documentation verifying the Joint Venture's ownership of such undivided interest in the Property free of all liens, encumbrances, charges and claims of any nature or kind whatsoever, other than the Royalty.
Except as set forth on Schedule 3.15 of the Disclosure Schedules, each member of the Company Group and the Non-Controlled Joint Ventures Group is and has been, for the past 36 months, in compliance in all material respects with applicable Privacy Laws.
Following the Closing, Xxxxx shall promptly notify Seller of any correspondence or other documentation received by any member of the Company Group or the Non-Controlled Joint Ventures Group relating to the Retained Litigation.
All of the issued and outstanding Equity Interests in each member of the Company Group and the Non-Controlled Joint Ventures Group are duly authorized, validly issued, fully paid and non-assessable.
In the event there are any assets, agreements, licenses, or undertaking of any nature in which Buyer obtains any interest at Closing contrary to the intention of the transactions contemplated hereby (including in connection with the Pre-Closing Reorganization and the [Redacted – Confidential Information]), any such assets, agreements, licenses, or undertaking shall be held in trust for the benefit of Seller and its Affiliates (other than the Company Group or the Non-Controlled Joint Ventures Group).