Joint Venture Purpose Sample Clauses

Joint Venture Purpose. The sole purpose of the Joint Venture shall be to develop and market the Spin for Cash Wide Area Progressive System.
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Joint Venture Purpose. Subject to and under the terms and conditions set forth in this Agreement, the Parties hereby establish the Joint Venture, with effect as of the Effective Date, with the purpose of ventures entitled "Operation Mystery Galleon" and "Operation Abrojos" which includes, but is not limited to, the raising of capital in the form of publically traded "xxxxx stocks" for the purpose of supporting an operation to the Serranilla and Bajo Nuevo Banks in the Caribbean Sea and the South Reef in the Caribbean Sea for the purpose of attempting to locate, raise and recover a Spanish Galleon ("Mystery Galleon") and an English Corsair, and to recover their treasure, if any according to the provisions of this Agreement. 2.2
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Joint Venture Purpose. The Joint Venturers hereby associate themselves together as joint venturers for the purpose of proposing, negotiating, entering into and ensuring the performance of all Work for the Security Services Contract(s). The Joint Venture created hereunder shall be known as Southeastern Paragon (hereinafter the “Joint Venture”). The principal place of business and the principal office shall be established in Maryland.
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Joint Venture Purpose. The primary purpose of the Joint Venture is to engage in the sale of products through e-commerce platforms of RxLeaf, including the sales of the Products and joint marketing of the goods in conjunction with MCTC.
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Joint Venture Purpose. The primary purpose of the Joint Venture is to engage in business operations related to the manufacturing, distribution, sales and marketing of cannabis products as permitted under California laws, codes, regulations, and issued permits and licenses.
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Joint Venture Purpose 
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Related to Joint Venture Purpose

  • Joint Venture Nothing contained in this Agreement shall be construed as creating a joint venture, partnership, agency or employment relationship between Plan and Controlled Affiliate or between either and BCBSA.

  • Joint Venture Agreement The shareholder entity designated by each ASEAN country shall negotiate and conclude, as soon as possible, a joint Venture Agreement acceptable to Malaysia and the Parties, for the setting up of an ASEAN Urea Project in Malaysia. Such joint Venture Agreement shall set out among others: The name and capital structure of the joint Venture company; Constitution of the Board of Directors of the joint Venture company: Protection of minority interests; Scope of the project and its financing.

  • Joint Ventures The joint venture or partnership arrangements in which the Company or the Partnership is a co-venturer or general partner which are established to acquire or hold Assets.

  • No Joint Venture Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.

  • Partnerships and Joint Ventures No Loan Party shall become a general partner in any general or limited partnership or a joint venturer in any joint venture.

  • Subsidiaries and Joint Ventures Create, acquire or otherwise suffer to exist, or permit any Subsidiary of such Borrower to create, acquire or otherwise suffer to exist, any Subsidiary or joint venture arrangement not in existence as of the date hereof, except in connection with a Permitted Acquisition.

  • Partnership The Partnership shall be given days’ notice to purchase the ownership interest under the same terms agreed upon by the potential buyer.

  • No Joint Venture or Partnership Borrower and Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Collateral other than that of secured party, mortgagee or lender.

  • Subsidiaries; Joint Ventures Schedule 4.12 contains a complete and accurate list of (a) all Subsidiaries of the Borrower, including, with respect to each Subsidiary, (i) its state of incorporation, (ii) all jurisdictions (if any) in which it is qualified as a foreign corporation, foreign limited liability company or foreign limited partnership, as applicable, (iii) the number of shares of its Capital Stock outstanding, (iv) the number and percentage of its shares of Capital Stock owned by the Borrower and/or by any other Subsidiary and (v) whether such Subsidiary is a Guarantor or an Unrestricted Subsidiary (and, if it is an Unrestricted Subsidiary, whether it is a Financial Services Subsidiary), and (b) each Joint Venture, including, with respect to each such Joint Venture, (i) its jurisdiction of organization, (ii) all other jurisdictions in which it is qualified as a foreign entity and (iii) the number and percentage of its shares of Capital Stock owned by the Borrower and/or by any other Subsidiary. All the outstanding shares of Capital Stock of each Subsidiary of the Borrower are validly issued, fully paid and nonassessable, except as otherwise provided by state wage claim laws of general applicability. All of the outstanding shares of Capital Stock of each Subsidiary owned by the Borrower or another Subsidiary as specified in Schedule 4.12 are owned free and clear of all Liens, security interests, equity or other beneficial interests, charges and encumbrances of any kind whatsoever, except for Permitted Liens. Neither the Borrower nor any other Loan Party owns of record or beneficially any shares of the Capital Stock or other equity interests of any Subsidiary that is not a Guarantor, except Unrestricted Subsidiaries.

  • Investments; Joint Ventures Company shall not, and shall not permit any of its Subsidiaries to, directly or indirectly, make or own any Investment in any Person, including any Joint Venture, except:

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