JVV definition

JVV means a joint venture vehicle which has two or more shareholders or members and which is established for the exclusive purpose of holding real property assets (directly or indirectly) and "JVVs" shall be construed accordingly
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Examples of JVV in a sentence

  • Senior High: Varsity, JV, and 9th grade teams may each select one from the following options: Option 1: 20 games & 1 tournament Option 2: 18 games & 2 tournaments Option 3: 16 games & 3 tournaments High School JV/V basketball games will begin at 6:00 p.m. on a two-game night; 5:00 p.m. on a three- game night (9th, JV/V).

  • Guarantor agrees, as security for the prompt and complete payment and performance when due of its obligations hereunder, to assign, grant and pledge to, and subject to a continuing security interest in favor of Investor of all the rights, title and interest of Guarantor in and to ▇▇▇▇ Wind Asset Investment, Inc.’s equity holdings in JVV (the “Collateral”).

  • By way of clarification, the Call shall not be triggered by a mere advancement of funds from Guarantor to JVV.

  • Notwithstanding the foregoing, it shall not be an Advancement if Guarantor (or any of its subsidiaries or affiliates) is using funds which have previously been paid to Guarantor in respect of its equity interest in JVV (e.g. via a dividend or distribution) to pay Investor.

  • Investor is contemplating an investment in ▇▇▇▇ Valley View, LLC, a Delaware limited liability company (“JVV”), and upon making an investment in JVV, Investor will become a Member thereof (as such term is defined in JVV’s Limited Liability Company Agreement (“Operating Agreement”)).

Related to JVV

  • JV means Joint Ventures

  • JV Entity means any joint venture of the Borrower or any Restricted Subsidiary that is not a Subsidiary.

  • DGPC means Druk Green Power Corporation Limited including its successors and permitted assigns;

  • JV Agreement each partnership or limited liability company agreement (or similar agreement) between a North American Group Member or one of its Subsidiaries and the relevant JV Partner as the same may be amended, restated, supplemented or otherwise modified from time to time, in accordance with the terms hereof.

  • IPC means the interim payment certificate issued by the Authority’s Engineer for payment to the Contractor in respect of Contractor’s claims for payment raised in accordance with the provisions of this Agreement;