Venture Property definition

Venture Property means collectively, Terminus 100 and Terminus 200.
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Venture Property means the real and ---------- ------------------ personal property initially leased by or transferred to the Venture and all property subsequently leased or acquired by the Venture.
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Venture Property shall have the meaning set forth in the Operating Agreement. For the avoidance of doubt, Venture Property shall include the items listed on Schedule 2.01(a).
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Examples of Venture Property in a sentence

  • Upon dissolution, each Venturer shall look solely to the assets of the Venture for the return of its investment, and if the Venture Property remaining after payment or discharge of the debts and liabilities of the Venture, including debts and liabilities owed to one or more of the Venturers, is insufficient to return the aggregate Capital Contributions of each Venturer, such Venturers shall have no recourse against the Venture or any other Venturer.

  • A Joint Venturer is entitled during working hours at reasonable intervals, and the Manager must give, on reasonable notice at the Joint Venturer's expense and risk, access to, and the right to inspect any Joint Venture Property, including all books and records maintained by the Manager, provided that the Joint Venturer ensures that there is no interference with Joint Venture Activities.

  • Each Joint Venturer expressly waives the right to require partition of the Venture Property or any part of it.

  • Except as expressly provided in this Agreement, the management and control of the day-to-day operations of the Venture and the maintenance of the Venture Property shall rest exclusively with the Managing Joint Venturer.

  • I swear or affirm under the penalties of perjury that I have not altered, modified, changed or deleted the State's standard contract clauses (as contained in the 2021 OAG/ IDOA Professional Services Contract Manual or the 2021 SCM Template) in any way except as follows: NONE The undersigned attests, subject to the penalties for perjury, that the undersigned is the Contractor, or that the undersigned is the properly authorized representative, agent, member or officer of the Contractor.

  • The Operator shall have the right to dispose of normal accumulation of junk and scrap Material and Equipment from the Joint Venture Property and any such revenue shall be credited to the Joint Account.

  • Joint Venture Property will be owned by the Joint Venture Parties as tenants in common in proportion to their respective Percentage Interests as they may vary from time to time.

  • The costs of handling, investigating and settling litigation or claims, discharging of liens, payment of judgments and legal services connected with environmental regulations, reports or injuries resulting from Operations or necessary to protect or recover the Joint Venture Property.

  • With respect to each Joint Venture Property, and to the extent in Seller’s actual possession, Seller has made available in the Data Room (in the folder for the applicable Joint Venture Property and in the sub-folder entitled “Insurance”), certificate(s) of insurance listing the insurance types and amounts maintained by the Joint Venture Entity or Subsidiary that owns the direct interest in the Joint Venture Property (the “Insurance”).

  • The Joint Venture Property shall first be paid, applied or distributed in satisfaction of all Liabilities of the Joint Venture to third Persons and then to satisfy any Liabilities owed to the Participants.


More Definitions of Venture Property

Venture Property has the meaning ascribed to it in paragraph 4.2.
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Venture Property or "Venture Properties" means Properties owned for the benefit of the Venture pursuant to this Agreement, including (i) any coal bed methane interests that are held by RMG as of the date hereof in the States of Wyoming or Montana, excluding the Oyster Ridge area of Wyoming and the spacing units of currently existing well bores that are producing or have produced from the Wyodak/▇▇▇▇▇▇▇▇ Coal Strata; and (ii) interests which may be acquired by the parties jointly in the AMI.
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Related to Venture Property

  • Cooperative Property The real property and improvements owned by the Cooperative Corporation, including the allocation of individual dwelling units to the holders of the Coop Shares of the Cooperative Corporation.

  • Foreclosure Property shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

  • Joint Venture Interests means assets of the Company and its Subsidiaries constituting an equity investment in real estate assets or other properties, or in an entity holding real estate assets or other properties, jointly owned by the Company and its Subsidiaries, on the one hand, and one or more other Persons not constituting Affiliates of the Company, on the other hand, excluding any entity or properties (i) which is a Subsidiary or are properties if the co-ownership thereof (if in a separate entity) would constitute or would have constituted a Subsidiary, or (ii) to which, at the time of determination, the Company’s manager at such time or an Affiliate of the Company’s manager at such time provides management services. In no event shall Joint Venture Interests include equity securities that are part of a class of equity securities that are traded on a national or regional securities exchange or a recognized over-the-counter market or any investments in debt securities, mortgages or other Debt.

  • Timeshare Property means one or more accommodations subject to the same timeshare instrument, together with any other property or rights to property appurtenant to those accommodations.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.