Last edited by Shagar
Wednesday, February 5, 2020 | History

4 edition of ITC contractual joint venture model agreements found in the catalog.

ITC contractual joint venture model agreements

  • 159 Want to read
  • 17 Currently reading

Published by ITC in Geneva, Switzerland .
Written in English

    Subjects:
  • Joint ventures,
  • Contracts

  • Edition Notes

    StatementInternational Trade Centre
    SeriesTrade law series
    ContributionsInternational Trade Centre UNCTAD/WTO
    The Physical Object
    Paginationii, 107 p. ;
    Number of Pages107
    ID Numbers
    Open LibraryOL17127475M
    ISBN 109291372668

    You will be able to modify it. Syntroleum may at any time after the completion of the drilling of the Initial Well determine to terminate its participation in the OML Lease and in the event it so elects, shall reassign and re-convey the Assigned Interests to YFP at no cost to YFP. Except as set forth in Article 24 of this Chapter, the term of office of directors shall be three years, renewable upon reappointment by the appointing Party. When this document is completely filled out, it should be signed by all parties and each party should keep a copy. Net Profits shall be payable to each Party hereto on the Payment Date. A partnership is a single business entity formed by two or more people.

    Participants in a contractual joint venture normally would set out the objectives of the joint venture in the agreement. The reason for a joint venture is usually some specific project. The Parties shall retain recognized tax experts to assist the Parties in structuring the activities under this Agreement and the Joint Operating Agreement in order to minimize the taxes that may be imposed and paid by the Parties. In addition to the joint venture agreement, the cooperation of the parties requires further legal instruments, usually articles of incorporation of the company, by-laws and a shareholders' agreement. It is anticipated that sales of Refined Coal will occur to one or more public utilities or coal buyers throughout the United States.

    Repayment of Initial Operating Capital. The CEO or his or her delegate may elect or appoint such other officers or agents as he deems necessary for the operation and management of the Company, with such powers, rights, duties and responsibilities as may be determined by the CEO or his or her delegatesubject to the approval of the Board. Atlantic Ave. If the Approval Date is a date in excess of ninety 90 days from the date that YFP files the Deed of Assignment, the February 15, date to commence the drilling of the Initial Well shall be extended by a period of time equal to the number of days in excess of ninety 90 days between the filing of the Deed of Assignment by YFP and the Approval Date.


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ITC contractual joint venture model agreements book

The Board of Directors shall obtain the advice of the independent auditor in structuring the Hospital's financial office, including advice regarding appropriate numbers of personnel, required levels of expertise and training, and other issues.

Geotec shall retain exclusive rights to all of its proprietary formulas, processes, equipment designs and all intellectual property owned now and hereinafter acquired. Should it be the fault of both parties, they shall bear their respective responsibilities according to actual situations.

Article 45 Insurance The Board of Directors will endeavor to ensure that the Hospital has adequate insurance coverage to protect the Hospital, the Parties, and the Hospital's employees from losses. You will be asked what you want to do with the file. Such authorization must be in writing, can only be to another board member, and is limited to the particular meeting in question.

After the commencement of Commercial Production Syntroleum shall have no further obligation to make any payment to YFP under this Section 4. It is useful where the proposed project is finite in duration, for example, a joint marketing campaign, the redevelopment of a property, or product development.

In all cases, the Hospital shall employ only those staff and workers who are qualified for the assigned responsibilities. To combine expertise. Article 18 Responsibility of a Transferee Any transferee of right and interest in the Hospital shall assume the corresponding obligations and responsibilities of the Transferor Party as stipulated in this Contract.

The Parties further acknowledge that they have carefully read and considered the provisions of Sections 10, 11 and 12 hereof and, having done so, agree that the restrictions and remedies set forth in such Sections including but 12 not limited to, the time period, geographical and types of restrictions imposed are fair and reasonable and are reasonably required for the protection of the business, trade secrets, interests and good will of Geotec and its affiliates.

Article 36 Hiring and Dismissal of Employees The Hospital shall have the right directly to recruit, hire and dismiss both expatriate and local staff and workers, as set forth in more detail in the Articles of Association.

For a Corporate Joint Venture Agreement, please see the link on the right hand side. You can modify it and reuse it. In addition, a board member may be removed at any time by the party which appointed him or her.

In such a case, a written notification must be provided to the other party and to the Chairman of the Board of Directors.

The Scope of the Hospital: the Hospital will set up inpatient beds, including family style birthing rooms, 20 dental chairs. Each meeting of the Board shall be held at the principal executive office of the Company at such time as may be designated in the notice of such meeting or at such other place and at such other time as may be agreed from time to time by the Board.

Only one legal instrument is usually necessary: the contractual joint venture agreement. GreenCoal has all requisite power and authority to carry on its business and to own or lease and operate its properties as such business is now conducted and such properties are now owned, leased or operated, to execute and deliver this Agreement and to carry out all actions required of it pursuant to the terms of this Agreement.

Any Director or Alternative Director may also be removed for knowing violations of law, willful misconduct or gross negligence as determined by a court of competent jurisdiction.

Therefore, the Parties understand that it is reasonably necessary to protect their respective trade secrets, good will and business interests.

It is recommended that you save the document to a location of your choice prior to viewing. A Joint Venture Agreement is more limited than a Partnership Agreementin that the parties are only working together for one specific activity.

Acquisition Financing.This publication presents a set of model agreements laying down the provisions for joint venture parties, prior to creating a joint venture company.

The publication sets out the arrangements for the formation of new jointly owned companies and their operation. Publishing Agency: International Trade Centre (ITC).

(source: Nielsen Book Data). They were originally published in ITC’s book: Model Contracts for Small Firms: Legal Guidance for Doing International Business. ITC Model Contract for an International Contractual Alliance. This model contract models is for partnerships between two companies or businesses either locally or.

The ITC model contracts Alliances and joint ventures (a) International contractual alliance (b) International corporate joint venture (i) Establishment of the JVC (ii) Party contributions and management of the JVC (iii) Termination of the JVC Sales and supply contracts (a) International commercial sale of goods.

Books and Records. The Joint Venture shall keep adequate books and records at its place of business, setting forth a true and accurate account of all business transactions arising out of and in connection with the conduct of the Joint Venture.

Validity. In the event that any provision of this Agreement shall beheld to be invalid. ICC has prepared this Joint Venture Model Contract for use by small, medium-sized or large companies in order to provide them with a unique, balanced platform that is fair to all parties.

The model allows for a solid decision-making process, a clear allocation of participation and provision of resources, the need for swift and effective dispute resolution, and the need for complete and informed allocation.

International Joint Ventures

The parties to this Agreement shall have no liability to the other for any loss suffered which arises out of any action or inaction if, in good faith, it is determined that such course of conduct was in the best interests of the Joint Venture and such course of conduct did not constitute negligence or misconduct.