Bona Fide Joint Venture definition

Bona Fide Joint Venture means any newly acquired, formed or structured Subsidiary that is a Joint Venture formed, acquired or structured for a bona fide business purpose (as determined by the Borrower acting in good faith) and, if owned in part by any Person that is an Affiliate of the Borrower (other than a Loan Party), any applicable transactions amongst the Loan Parties, on the one hand, and such Bona Fide Joint Venture, on the other hand, comply with Section 7.10 (without giving effect to the first parenthetical thereof).
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Bona Fide Joint Venture means any Joint Venture with a Third Party (other than a Direct Competitor of the C&W Member) entered into for reasonable business purposes, as determined by the Board (by Majority Vote).
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Bona Fide Joint Venture means any joint development, joint services or other similar commercial relationship entered into between Microsoft and one or more parties pursuant to which a legally recognizable new entity is formed in which Microsoft holds a thirty-three percent (33%) or greater ownership and/or economic interest, and which prohibits Microsoft and the other joint venture partners from competing with the object of the joint venture for a reasonable amount of time.
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Examples of Bona Fide Joint Venture in a sentence

  • The provisions of this Section 27, however, shall not apply to (a) any Bona Fide Joint Venture, or (b) any Bona Fide Joint Development or Joint Services Arrangement, where the Bona Fide Joint Venture, Bona Fide Joint Development or Joint Services Arrangement prohibits such entity from competing with the object of the Bona Fide Joint Venture or Bona Fide Joint Development or Joint Services Arrangement for a reasonable period of time.


More Definitions of Bona Fide Joint Venture

Bona Fide Joint Venture means any bona fide joint venture with a Third Party (other than a Direct Competitor of the C&W Member (as defined in the LLC Agreement)) entered into for reasonable business purposes. Schedule 9.1(b) sets forth a true and complete list of all Bona Fide Joint Ventures as of the date of this Agreement. For the avoidance of doubt, in no event shall Greystone, the Company, any Ancillary Business Entity or any Primary Contributed Company be limited or restricted from entering into any Bona Fide Joint Venture not set forth on Schedule 9.1(b) following the date hereof.
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Bona Fide Joint Venture means any joint development, joint services or other similar commercial relationship entered into between Microsoft and one or more parties pursuant to which a legally recognizable new entity is formed in which Microsoft holds a thirty-three percent (33%) or greater ownership and/or economic interest, and which prohibits Microsoft and the other joint venture partners from competing with the object of the joint venture for a reasonable amount of time. 1.3 A "Bona Fide Joint Development or Joint Services Arrangement" means any commercial agreement with any OEM, ISV, IHV, or content provider for a brand new product, technology or service, or any material value-add to an existing product, technology or service, in which both Microsoft and the OEM, ISV, IHV, or content provider each contribute significant developer and financial resources, and in which Microsoft has roughly an equivalent financial interest in the investment in and return from the agreement as the OEM, ISV, IHV, or content provider, and that prohibits Microsoft and the other party from competing with the object of the agreement for a reasonable amount of time. Agreements that are in the nature of ordinary course of business agreements for Microsoft shall not be considered "Bona Fide Joint Development or Joint Services Arrangement." 1.4 "OCX" means the OLE Control Extension for the Windows Media Player, an independent platform module for the Windows Media Player that can be accessed by other software in a Windows operating system environment. 1.5 "Windows Server Technology" means Windows Server 2003 and Windows Vista Server. <PAGE> 1.6 "Windows Server 2003" means the Windows Server 2003 Standard Edition, Windows Server 2003 Enterprise Edition, Windows Server 2003 Data Edition, versions of Microsoft's server operating systems, including Service Packs and other updates or modifications to those products. 1.7 "Windows Vista Server" means the next major version of the Windows server operating system to be released, which, when released, will supersede the Windows Server 2003 Technologies and Service update updates thereto as the Microsoft flagship server operating system, including successors, upgrades, bug fixes, service packs released during the term of this Agreement. 1.8 "Windows Vista" means the next major version of the Windows operating system (including any Media Center Edition versions) to be released, which, when released, will supersede Windows XP and Service Pack updates thereto as the Mi...
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Bona Fide Joint Venture means any newly acquired, formed or structured Subsidiary that is a Joint Venture formed, acquired or structured for a bona fide business purpose (as determined by the Borrower acting in good faith) and, if owned in part by any Person that is an Affiliate of the Borrower (other than a Loan Party), any applicable transactions amongst the Loan Parties, on the one hand, and such Bona Fide
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Related to Bona Fide Joint Venture

  • Company Joint Venture means any corporation or other entity (including partnership, limited liability company and other business association) that is not a Company Subsidiary and in which the Company or one or more Company Subsidiaries owns an equity interest (other than equity interests held for passive investment purposes which are less than 5% of any class of the outstanding voting securities or other equity of any such entity).

  • Eligible joint venture means an association of one or more small business enterprises in combination with one or more veteran-owned business enterprises, proposing to perform as a single for-profit business enterprise, in which each joint venture partner contributes property, capital, efforts, skill and knowledge. Joint ventures must have an agreement in writing specifying the terms and conditions of the relationship between the partners and their respective roles in the contract.

  • Permitted Joint Venture means, with respect to any specified Person, a joint venture in any other Person engaged in a Similar Business in respect of which the Borrower or a Restricted Subsidiary beneficially owns at least 35% of the shares of Equity Interests of such Person.

  • consortium or joint venture means an association of persons for the purpose of combining their expertise, property, capital, efforts, skill and knowledge in an activity for the execution of a contract;

  • Joint Venture (JV means an association with or without a legal personality distinct from that of its members, of more than one Consultant where one member has the authority to conduct all business for and on behalf of any and all the members of the JV, and where the members of the JV are jointly and severally liable to the Procuring Entity for the performance of the Contract.

  • Joint Venture means any joint venture, limited liability company or other Affiliate of the Company that owns, in whole or in part, on behalf of the Company any Properties, Loans or other Permitted Investments.

  • Permitted Joint Ventures means one or more joint ventures formed (a) by the contribution of some or all of the assets of the Company’s or a Permitted Affiliate Parent’s business solutions division pursuant to a Business Division Transaction to a joint venture formed by the Company, a Permitted Affiliate Parent or any of the Restricted Subsidiaries with one or more joint venturers and/or (b) for the purposes of network and/or infrastructure sharing with one or more joint venturers.

  • Joint Venture Entity means any Joint Venture, any Wholly-Owned Subsidiary of a Joint Venture or any JV Subsidiary.

  • Venture means any group of two or more persons associated in fact, whether or not a legal entity.

  • Affiliated business entity relationship means a relationship, other than a parent- subsidiary relationship, that exists when

  • Joint Venturers means Xxxxxxx Mining Limited a company incorporated in the State of Western Australia and its successors, permitted assigns and appointees;

  • Permitted Joint Venture Investment means an Investment by such Person in any other Person engaged in the Oil and Gas Business (a) over which such Person is responsible (either directly or through a services agreement) for day-to-day operations or otherwise has operational and managerial control of such other Person, or veto power over significant management decisions affecting such other Person, and (b) of which at least 30% of the outstanding Equity Interests of such other Person are at the time owned directly or indirectly by such Person.

  • Joint Venture Subsidiary means a Subsidiary of the Company or any of its Subsidiaries that has no assets and conducts no operations other than its ownership of Equity Interests of a Joint Venture.

  • Joint Venture Agreement has the meaning set forth in the Recitals.

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • Joint Venture” - (Project means two or more businesses joining together under a contractual agreement to conduct a specific business enterprise with both parties sharing profit and losses. The venture is for one specific project only, rather than for a continuing business relationship as in a strategic alliance. It is about sharing risk with others and providing one or more missing and needed assets and competencies.

  • Joint Venture Company means any Subsidiary of the Company or any other Person of which 50% or less than 50% of the outstanding Voting Stock or participation is held by the Company or its Subsidiaries, whose Equity Interest is held directly or indirectly by the Company and one or more third parties that are not Affiliates of the Company for the purpose of directly or indirectly bidding new projects, including such Subsidiaries or Persons of the Company whose activities are governed by a joint venture agreement with one or more third parties that are not Affiliates of the Company.

  • Joint Venture Agreements means, collectively any agreement which establishes a Joint Venture and any governing documents related thereto.

  • Joint Ventures means the joint venture or partnership or other similar arrangements (other than between the Company and the Operating Partnership) in which the Company or the Operating Partnership or any of their subsidiaries is a co-venturer, limited liability company member, limited partner or general partner, which are established to acquire or hold Investments.

  • Entity means a corporation, partnership, limited liability company or other entity.

  • Bona fide agency, as used in this clause, means an established commercial or selling agency, maintained by a contractor for the purpose of securing business, that neither exerts nor proposes to exert improper influence to solicit or obtain Government contracts nor holds itself out as being able to obtain any Government contract or contracts through improper influence.

  • Bona fide physician-patient relationship means a treatment or counseling relationship between a physician and patient in which all of the following are present:

  • Competitor means any business, individual, partnership, joint venture, association, firm, corporation or other entity, other than the Employer or its affiliates or subsidiaries, engaged, wholly or partly, in Company Activities.

  • Resident unincorporated business entity means an unincorporated business entity having an office or place of business within the Municipality.

  • Direct Competitor means any individual, partnership, corporation, limited liability company, association, or other group, however organized, who competes with the Company in the full service restaurant business.

  • Partnership has the meaning set forth in the Preamble.