Purpose of the Joint Venture. The business of the Venture shall be primarily for the purpose of development, marketing, distribution and sale of a camera system and related products, management of the resulting business, and all such other business incidental to the general purposes herein set forth (the “Project”), all as more particularly described in Schedule “A” attached hereto.
Purpose of the Joint Venture. The Joint Venture is being established for the purpose of:
Purpose of the Joint Venture. Section 2.01.
Purpose of the Joint Venture. The purpose of the Joint Venture shall be to construct, equip and operate one or more facilities for the production and sale of Grid worldwide.
Purpose of the Joint Venture. The purpose of the Joint Venture shall be to carry on a business of commercializing the cultivation of industrial hemp and the extraction of cannabinoids on properties located in the northeast New Brunswick area (hereinafter referred to as the "Project").
Purpose of the Joint Venture. The Joint Venture will be formed by Serruya and ABI for the purpose of carrying on the Business and where required to be expressly provided to any Governmental Authority at any time after the Implementation Date, will have the following purpose: “For the purposes of licensing from Serruya the Serruya Licensed Brand of branded cannabis and other cannabis products, for the legal adult-use and wellness markets in Canada and internationally (excluding the United States). Subject to the terms of this Agreement, the Shareholders Agreement and the OBCA, the Joint Venture may engage in any activity and perform any and all acts necessary, appropriate, proper, advisable, incidental or convenient to or in furtherance of the above-referenced purpose.”
Purpose of the Joint Venture. 1.1 Credex is publically-traded on the OTC markets with the industry classification of Financial Services. Credex will finance various timber projects in Papua New Guinea and/or West Africa, through sale of free trading shares.
Purpose of the Joint Venture. The purposes of the Joint Venture are to (a) own and operate, and subsequently dispose of, the Systems, (b) own and operate, and subsequently dispose of, the Stations and the Radio Businesses, and (c) conduct all activities incidental to the ownership and operation of the Systems, the Stations and the Radio Businesses. The Joint Venture may also engage in such other business activity as the management board may determine. Each of the Venturers shall cause the Joint Venture and the Subsidiary to perform any remaining obligations for which they may be responsible under the purchase agreements pursuant to which the assets of the Joint Venture, the Radio Venture or the Subsidiary were acquired. Each of the Venturers confirms its guaranty of any remaining obligations of the purchaser heretofore undertaken and to be undertaken under the purchase agreement relating to the acquisition of the Original System.
Purpose of the Joint Venture. The principal purpose of the joint venture is to engage in importing, marketing and selling Beer in the Territory in accordance with this Agreement and the Related Agreements. The joint venture shall become effective on the Closing Date and shall continue thereafter until Xxxxxx or the Modelo Party ceases to be a Member of the Company pursuant to the terms of the Company LLC Agreement, unless a Permitted Transferee of such party becomes a Member of the Company pursuant to the terms of the Company LLC Agreement, or until the Company ceases to do business pursuant to Article XII of this Agreement, whichever first occurs.
Purpose of the Joint Venture. The purpose of the Joint Venture is to operate the Plant to achieve the highest output of TiO2 consis tent with meeting the respective product specifications of the Partners, such output to be produced in the most efficient and cost-effective manner deemed reasonable in the circumstances by the Supervisory Committee. The Joint Venture shall operate the Plant in accordance with prudent operating, safety, health and environmental standards and in compliance with all federal, state and local laws and regulations. The Joint Venture shall be operated for the exclusive benefit of the Partners. In furtherance of its purpose, the Joint Venture shall have and may exercise all the powers now or hereafter conferred by Delaware law on, or permitted by Delaware law to be exercised by, limited partnerships formed under the laws of such State.
