Joint Venture Interest definition
Examples of Joint Venture Interest in a sentence
SMSB did not make its claim in relation to the purported "Joint Venture Interest" until October, 2012.
Each Party shall contribute its proportionate share of such fund based on such Party's Joint Venture Interest at the time of the establishment of the fund (or at the time of the contribution, in respect of subsequent contributions).
The invoice must set out the estimated Expenditures under the Program for the immediately following month, multiplied by the Joint Venture Interest of such Party.
Such invoice must set out the total amount involved, multiplied by the participating Party’s Joint Venture Interest.
On July 18, 2012 the Company entered into an option agreement with Teck Resources Limited (“Teck”) whereby Teck’s local Colombian subsidiary (“TLS”) could earn up to a 70% Joint Venture Interest in the Yarumalito project by spending not less than US$10,000,000 on exploration and making cash payments and private placements amounting to US$4,380,000.