JV Term definition

JV Term will have the meaning set forth in Section 14.1.
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JV Term means twenty (20) years starting from the date of this Agreement.
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JV Term means a period from and including the Initial Completion Date until and including the date falling seven (7) years after the Initial Completion Date, as may be extended in accordance with Clause 25.1.2;
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Examples of JV Term in a sentence

  • This Agreement and the Certificate of Formation replace and supersede all prior agreements by and among the Members or any of them in respect of the Company including, without limitation, the Archstone Residual JV Term Sheet that is attached to the Buyers Agreement (but does not supersede as among the Parents the provisions of the Buyers Agreement that survive the Initial Closing).

  • If the Parties agree to extend the JV Term, an application for extension shall be filed with the Examination and Approval Authority not later than six (6) months prior to the expiration of the JV Term.

  • Negotiations for such extension shall begin not later than one (1) year prior to the expiration of the JV Term.

  • Each Shareholder will exercise (and will cause each of its Affiliates to exercise) its voting rights so that the nominee of the Shareholder responsible for making such nomination pursuant to this Agreement will be elected as General Manager for the relevant period during the JV Term.

  • Each Shareholder will exercise (and will cause each of its Affiliates to exercise) its voting rights so that the nominee of the Shareholder responsible for making such nomination pursuant to this Agreement will be elected as Finance Director for the relevant period during the JV Term.

  • Prior to the expiry of the JV Term or any extension thereof, the Parties may agree to extend such term, subject to the approval of the Examination and Approval Authority and the relevant requirements of Laws.

  • AVB Member and ERP Member desire to form the Company and to set forth in this Agreement the definitive terms for the governance of the Company, in furtherance of the provisions of the Buyers Agreement calling for the formation of Archstone Residual JV and the execution and delivery of the Definitive Archstone Residual JV Agreement consistent with the Archstone Residual JV Term Sheet.

  • Within seven (7) days after the Establishment Date, Party A shall enter into the Asset Contribution and Purchase Contract with the Company and Party B, whereby Party A shall grant to the Company a license to use certain proprietary information and technology to manufacture, produce, market and sell the JV Products during the JV Term and Party A shall provide ongoing technical assistance with respect to the JV Products during the JV Term.

  • However, except as otherwise provided in Section 31, the JV Company, JV By-Laws and JV Shares shall survive and continue in full force and effect after, and shall not be in any way affected by, the cancellation, termination or end of the JV Term or this Agreement.

  • Negotiations for such extension shall begin no later than one (1) year prior to the expiration of the JV Term.


More Definitions of JV Term

JV Term means the period of time that the JV is in existence pursuant to the JV Agreement.
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JV Term has the meaning set forth in Section 3.1(a).
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Related to JV Term

  • Project Term means the period from the Signature Date to the Expiry Date or the Termination Date, whichever occurs first;

  • Initial Term has the meaning set forth in Section 7.1.

  • Renewal Period the period described in clause 13.1.

  • Agreement Term has the meaning set forth in Section 11.1.

  • Development Term means the period commencing on the Closing Date and ending on the earlier of (a) the Option Closing Date or (b) the date the Option terminates or expires other than by exercise.