Examples of JV Agreement in a sentence
It follows that the parties’ entering into of the Transaction contemplated by the JV Agreement constitutes a connected transaction of the Company under Chapter 14A of the Listing Rules.
Xx. XXXX Xx Xxxx, an executive Director, is a director of a subsidiary and an associate of Hon Hai and, in view of his relationship with the Hon Hai Technology Group, has abstained from voting on the Board’s resolutions in relation to the Transaction and the JV Agreement.
The Joint Venture will have three supervisors, with Xxxxx nominating one supervisor and the remaining two supervisors to be nominated by other Initial Investors in accordance with the terms of the JV Agreement.
Except as otherwise extended by approval of the JV Shareholders in accordance with the terms of the JV Agreement, the Joint Venture will have a duration of eight years commencing from (and inclusive of) the date of its establishment, of which the first five years represent the Investment Period and the remaining three years represent the Exit Period.
All investment opportunities of the Joint Venture will be subject to assessment and approval by the project establishment committee, the investment committee and the JV Board in accordance with the terms of the JV Agreement.