JVC definition
JVC means Shanghai No.1 Chinese Medicine Co., Ltd. established by the Investing Parties in Shanghai Municipal, China pursuant to this Contract.
JVC means the cooperative joint venture company established by the Parties pursuant to Chapter 4 herein. "Management Committee" means the committee established pursuant to Article 31 hereunder. "Operating Activities" means all operation and business activities of the JVC, including feasibility studies and construction of processing plants. "Parties" means Party A and Party B as well as their successors and permitted assigns, and "Party" means either party. "Phase I", "Phase II" "Phase III"-or "Phases" shall have the meaning defined in Article 20 hereunder. "PRC" means the People's Republic of China. "Products" means graphite products, by-products and other related products produced by the JVC. "Province" means the province of Heilongjiang. "Share Interest" means a Party's percentage of share interest in the JVC, in the case of Party A, 20% of shares in the capital of the JVC and, in the case of Party B, 80% of shares in the capital of the JVC, as adjusted from time to time. "Subsidiaries" means any individual, partnership, joint venture, companies or any other business entities controlled directly or indirectly by a Party. "Term" means the Term of the JVC as defined in Article 18 herein. "Total Investment" means the total investment by the Parties as referred to in Article 19 herein. "Work Days" means all the days in a year less Saturdays, Sundays and the Chinese Statutory Holidays.
JVC shall have the meaning set forth in the introductory paragraph.
More Definitions of JVC
JVC means the cooperative joint venture company established by the Parties pursuant to Chapter 4 herein. "Minerals" means all base and precious metals, industrial minerals that are discovered or are present within the Exploration Areas. "Mining" means mining, extraction, production, transportation, treatment, filtering or any other mining production process, including the processing of by-products and products refining using any method. "Mining Rights" means mining licenses and contract rights held by the JVC in the Operating Areas. "MGMR" means the Ministry of Geology and Mineral Resources of PRC. "Operating Activities" means all proprietary activities of the JVC, including feasibility studies, ore dressing, prospecting, processing, construction of processing plants or other activities in relation to mining, transportation, smelting, or other activities in relation to Minerals conducted by or on behalf of the JVC. "Operating Area" or "Operating Areas" means the area or areas, each comprising a number of Exploration Areas, defined by geological, mineral and geographic restraints, in which the JVC decides to carry out any Operating Activities pursuant to an Operating Budget and Operating Procedures. "Operating Budget" means the budget prepared by Party B for each Operating Area estimated on the basis of RMB 2,000 per km2 on average, to be submitted to the JVC for implementation. "Operating Licenses" means all Business License, Exploration Licenses, Mining Licenses, approvals, permits and registrations that the JVC may need to operate in Contract Areas and/or Operating Areas. "Operating Procedures" means the procedures formulated by the Board of Directors for carrying out and maintaining Operating Activities. "Operating Schedule" means the schedule substantially in the form shown in Schedule "B" attached hereto and determined by the Board of Directors according to which Operating Activities are conducted and completed. "Option" means the exclusive right and option granted by Party A to Party B for the acquisition of any or all of Party A's interest in any Optional Project. "Optional Project" or "Optional Projects" means any existing mines owned wholly or partly by Party A within the Operating Areas. "Parties" means Party A and Party B as well as their successors and permitted assigns, and "Party" means either party. "Phase I" means the stage of prospecting and exploration and ends with completion of feasibility studies. "Phase II" means the stage of mining, deve...
JVC means the Joint Venture Company to be jointly promoted by the PARTIES hereto in accordance with and as indicated in this Agreement.
JVC means the joint venture company proposed to be incorporated by the Parties under this Agreement.
JVC shall have the meaning ascribed to the term in the preamble of this Agreement;
JVC means NEW REEF HOLDINGS LIMITED, a company existing and operating under the laws of the British Virgin Islands whose registered office is at Columbus Centre Building, Wickams Cay Road, Road Town, Tortola, British Virgin Islands.
JVC means “▇▇▇▇▇▇▇▇▇ Whampoa Sinopharm Pharmaceuticals (Shanghai) Company Limited”, a Sino-foreign joint venture company converted from Shanghai Huyong through subscription of the Increased Registered Capital thereof by the Investing Parties according to this Contract.
JVC means Pangaea Foods (China) Holdings, Ltd, a company incorporated under the laws of the Cayman Islands.