Other Cooperation definition

Other Cooperation. Either Party or any affiliate thereof (affiliate means a company or corporation which either Party controls more than 50% of its voting right, hereinafter "Affiliate") may enter into contracts or agreements with the JV Company and otherwise enter into transactions or dealings with the JV Company on an arm's length equivalent basis and derive and retain profits therefrom, provided that any such contact or agreement or other transaction or dealing is approved by the Board of Directors of the JV Company (hereinafter "Board of Directors") which consists of directors appointed by both Parties in accordance with the provisions of this Agreement. The validity of any such contract, agreement, transaction or dealing or any payment or profit related thereof or derived therefrom, shall not be affected by any relationship between the JV Company and such Party or any of its Affiliates.
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Examples of Other Cooperation in a sentence

  • With respect to the Other Cooperation, the Executive shall be required to spend no more than five (5) business days per month for such activities and services, provided that such services shall not be required to be rendered by the Executive to the Corporation after July 8, 2001.

  • In consideration of the benefits payable under this Section 2, the Executive hereby agrees to cooperate with the Corporation in all reasonable respects with litigations and other actions ("Litigation Cooperation") and, at the request of the Corporation, and upon prior reasonable notice, provide sales and marketing support and advice and other support ("Other Cooperation") in connection with the Corporation's business operations and strategic direction.

  • The Licensing Arrangement commences from the date of the Strategic Cooperation Agreement and ends at the termination of the Cooperation Smartphones cooperation or the Other Cooperation Smart Hardware cooperation, whichever is later.

  • Once the quantity of the first Other Cooperation Smart Hardware sold reaches a specified quantity (the “Other Cooperation Smart Hardware Commencement Date”), the Company shall pay Meitu a fifteen percent (15%) gross profit share for each Other Cooperation Smart Hardware sold (including the Other Cooperation Smart Hardware already sold before the Other Cooperation Smart Hardware Commencement Date), for a period of 30 years after the Other Cooperation Smart Hardware Commencement Date.

Related to Other Cooperation

  • Electric cooperative means a not-for-profit electric light company that both is or has been financed in whole or in part under the "Rural Electrification Act of 1936," 49 Stat. 1363, 7 U.S.C. 901, and owns or operates facilities in this state to generate, transmit, or distribute electricity, or a not-for-profit successor of such company.

  • Coordination means the process through which the infrastructure manager and applicants will attempt to resolve situations in which there are conflicting applications for infrastructure capacity;

  • Refuse to Cooperate means to obstruct the collection or testing process; to submit an altered, adulterated or substitute sample; to fail to show up for a scheduled test; to refuse to complete the requested drug testing forms; or to fail to promptly provide specimen(s) for testing when directed to do so, without a valid medical basis for the failure. Employees who leave the scene of an accident without justifiable explanation prior to submission to drug and alcohol testing will also be considered to have refused to cooperate and will automatically be subject to discharge.

  • Cooperation shall refer to those provisions set forth below in Paragraphs 41–42 of this Agreement and Paragraphs 1–9 in Appendix A.

  • Assistance means any form of City financial assistance, except for financial assistance provided for the development, rehabilitation or other means of providing residential housing. Assistance includes but is not limited to: grants; economic development loans; tax credits, incentives and abatements; subsidies; and bonds. Assistance does not include financial assistance which is received from another government or other entity with the City acting only as a conduit or fiscal agent for the funds, where the City exercises no control over the identity of any recipient or of the terms of the contract. Community Development Block Grant Funds are not considered conduit funds and, to the extent they otherwise qualify, are included as Assistance.