RJV definition
Examples of RJV in a sentence
The Primary Contact and the College Contacts may be entered and updated in the RJV Platform (see RJVs/RJV Contacts).
The RJV Project Lead is responsible for providing evidence of the consent of the colleges involved and obtaining the consent of the Fiscal Agent.
Contacts may be updated at ▇▇▇▇▇▇▇▇▇▇▇.▇▇▇▇▇.▇▇▇ Each RJV has a single Project Lead who bears primary responsibility for ensuring the successful and timely execution of the RJV Project Plan, and the timely and complete submission of reports in NOVA and the RJV Platform (▇▇▇.▇▇▇▇▇.▇▇▇).
RJV programmatic reports are due in the RJV platform at ▇▇▇.▇▇▇▇▇.▇▇▇ at the same time as fiscal reports are due for the close of a fiscal year and the close of the second quarter.
The following process should be followed in these circumstances: Transfers of Regional Joint Venture Funds between colleges require consent from the colleges involved in the RJV, the RJV Project Lead, and approval from the Fiscal Agent.
When an RJV has multiple colleges receiving services or receiving or contributing funds, each participating college must identify a primary contact in Exhibit C for the RJV at that college.
The key point (and the key contrast with merger) is that, within an RJV, firms remain independent entities whose ultimate concern is with their own profits.
Therefore, the marginal variable profit of R&D to an RJV insider will be lower than that to a firm in NA, so xNA > xIN .
Our argument has sought to show that the reaction of outsiders – specifically, the fact that they cut R&D investment in response to being squeezed on the product market following the formation of an RJV – is also beneficial to the insiders.
In the Cournot setting, where mergers for market-power reasons alone are generally unprofitable, we conjecture that the insiders will prefer our RJV option to such “semi- collusion”.