JV Contract definition
Examples of JV Contract in a sentence
The right hereunder to claim indemnification for losses under this JV Contract shall not be impaired because of the legal invalidity of this JV Contract.
In case there is a different meaning of a same article of the English version and the Vietnamese version, and/or the interpretation of the JV Contract can not be based accurately on the stipulations of this JV Contract, interpretation shall be based on the will of the Parties and the stipulations of the Laws of Vietnam or the generally accepted international business practices.
Unless otherwise defined or specified herein, the terms used in this Contract shall have the same meanings as ascribed to them under the JV Contract.
If the Company suffers any cost, liability or loss, including but not limited to lost profits of the Company, as a result of a breach of this JV Contract by a Party, the Party in breach shall indemnify and hold the Company harmless in respect of any such cost liability or loss, including but not limited to interest paid or lost as a result thereof.
If any discrepancy is found between this JV Contract and the Charter, then the provisions in this JV Contract shall prevail, and the Parties shall have the Charter amended so that it is consistent with this JV Contract.