Joint Venture Interest definition

Joint Venture Interest means an acquisition of or Investment in Equity Interests in another Person, held directly or indirectly by the MLP, that will not be a Subsidiary after giving effect to such acquisition or Investment.
Joint Venture Interest means an acquisition of or Investment in Equity Interests in another Person, held directly or indirectly by the MLP, that will not be a subsidiary of the MLP after giving effect to such acquisition or Investment.
Joint Venture Interest means an acquisition of or Investment in Equity Interests in any Person incorporated or otherwise formed pursuant to the laws of the United States or Canada or any state or province thereof or the District of Columbia, held directly or indirectly by the Borrower, that will not be a Subsidiary or Unrestricted Subsidiary after giving effect to such acquisition or Investment.

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.


More Definitions of Joint Venture Interest

Joint Venture Interest means the percentage undivided interest of each of Xxxxxx and Falconbridge in the Joint Venture, which interest shall, at all times, correspond with and represent their respective percentage undivided interest in the Property and vice versa.
Joint Venture Interest means in relation to a Participant:
Joint Venture Interest means the following rights, liabilities and obligations of a Joint Venturer determined under this agreement:
Joint Venture Interest has the meaning ascribed to it in paragraph 11.2b.
Joint Venture Interest means the proportion of the Venturer’s ownership interest in the Facility and in any other assets of the Joint Venture as described in Schedule “A” hereto.
Joint Venture Interest means the interest of the Corporation in the joint venture in respect of the San Xxxx Project located in Argentina;
Joint Venture Interest means the following obligations, benefits and rights of a Participant expressed as a percentage determined in accordance with this agreement: