Establishment of the JVC Sample Clauses

Establishment of the JVC. Party A and Party B hereby agree that they shall cause an Equity Joint Venture to be established upon signing of this Contract on the basis of the Articles and pursuant to the Law of the People's Republic of China on China Foreign Equity Joint Ventures, the Detailed Implementing Regulations for the Law of the PRC on Equity Joint Ventures and the provisions of other applicable PRC laws and regulations.
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Establishment of the JVC. Party A and Party B hereby agree that they shall cause the JVC to be established upon signing of this Contract on the basis of the Articles and pursuant to the Law of the People's Republic of China on China Foreign Cooperative Joint Ventures, the Detailed Implementing Regulations for the Law of the PRC on Cooperative Joint Ventures and the provisions of other Chinese laws and regulations relating to mining.
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Establishment of the JVC. As soon as practicable after the date hereof, the parties hereto shall cooperate to form the JVC as a company organized under the laws of the Cayman Islands. The Memorandum and Articles of Association of the JVC shall be substantially in the form attached as Exhibit 2.1.1 hereto.
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Establishment of the JVC. 3.1 The JVC shall be established on the date when its business license is issued. 3.2 The name of the JVC shall be “奥美（山西）环保洁净煤科技有限公司” in Chinese and "Aomei (Shanxi) Environmental Clean Coal Technologies Co., Ltd. " in English. 3.3 The legal address of the JVC shall be Dangliuzhuang Town, Datong County, Datong City, Shanxi Province, PRC. 3.4 The JVC shall be a legal person under the laws of the PRC. The activities of the JVC shall be governed and protected by the laws and relevant rules and regulations of the PRC. 3.5 The form of organization of the JVC shall be a limited liability company. The liability of each Party shall be limited to the amount of its contribution to the registered capital of the JVC. The profits, risks and losses shall be shared by the Parties in proportion to their respective contribution to the registered capital of the JVC. 3.6 The JVC may establish necessary branch offices inside or outside of the PRC with the approval of the Board and the relevant authorities of the PRC.
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Establishment of the JVC. 3.1 Promptly upon receipt of all necessary government approvals for all agreements necessary to implement this joint venture in form and substance acceptable to both parties, the partied shall cooperate to establish the JVC in accordance with the laws of Foreign Country. 3.2 The JVC's Articles of Incorporation shall be as agreed to by the parties hereto and shall be in conformity with the terms and conditions of this Agreement, in approved terms. If any discrepancy is found between this Agreement and the JVC's Articles of Incorporation, the parties shall amend the Articles of Incorporation in accordance with this Agreement.
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Related to Establishment of the JVC

  • Establishment of the Trust The Depositor does hereby establish, pursuant to the further provisions of this Agreement and the laws of the State of New York, an express trust to be known, for convenience, as “Deutsche Alt-A Securities, Mortgage Loan Trust, Series 2006-AR2” and does hereby appoint HSBC Bank USA, National Association as Trustee in accordance with the provisions of this Agreement.

  • Establishment of Committee The Province may, at its sole discretion, require the establishment of a committee to oversee the Agreement (the “Committee”).

  • Establishment of Portfolios and Classes (a) The Trust shall consist of one or more separate and distinct Portfolios, each with an unlimited number of Shares unless otherwise specified. The Trustees hereby establish and designate the Portfolios listed on Schedule A attached hereto and made a part hereof ("Schedule A"). Each additional Portfolio shall be established by the adoption of one or more resolutions by the Trustees. Each such resolution is hereby incorporated herein by this reference and made a part of the Governing Instrument whether or not expressly stated in such resolution, and shall be effective upon the occurrence of both (i) the date stated therein (or, if no such date is stated, upon the date of such adoption) and (ii) the execution of an amendment either to this Agreement or to Schedule A hereto establishing and designating such additional Portfolio or Portfolios. The Shares of each Portfolio shall have the relative rights and preferences provided for herein and such rights and preferences as may be designated by the Trustees in any amendment or modification to the Trust's Governing Instrument. The Trust shall maintain separate and distinct records of each Portfolio and shall hold and account for the assets belonging thereto separately from the other Trust Property and the assets belonging to any other Portfolio. Each Share of a Portfolio shall represent an equal beneficial interest in the net assets belonging to that Portfolio, except to the extent of Class Expenses and other expenses separately allocated to Classes thereof (if any Classes have been established) as permitted herein. (b) The Trustees may establish one or more Classes of Shares of any Portfolio, each with an unlimited number of Shares unless otherwise specified. Each Class so established and designated shall represent a Proportionate Interest (as defined in Section 2.5(d)) in the net assets belonging to that Portfolio and shall have identical voting, dividend, liquidation, and other rights and be subject to the same terms and conditions, except that (1) Class Expenses allocated to a Class for which such expenses were incurred shall be borne solely by that Class, (2) other expenses, costs, charges, and reserves allocated to a Class in accordance with Section 2.5(e) may be borne solely by that Class, provided that the allocation of such other expenses, costs, charges, and reserves is not specifically required to be set forth in a plan adopted by the Trust pursuant to Rule 18f-3 under the Act, (3) dividends declared and payable to a Class pursuant to Section 7.1 shall reflect the items separately allocated thereto pursuant to the preceding clauses, (4) each Class may have separate rights to convert to another Class, exchange rights, and similar rights, each as determined by the Trustees, and (5) subject to Section 2.6(c), each Class may have exclusive voting rights with respect to matters affecting only that Class. The Trustees hereby establish for each Portfolio listed on Schedule A the Classes listed thereon. Each additional Class for any or all Portfolios shall be established by the adoption of one or more resolutions by the Trustees. Each such resolution is hereby incorporated herein by this reference and made a part of the Governing Instrument whether or not expressly stated in such resolution, and shall be effective upon the occurrence of both (i) the date stated therein (or, if no such date is stated, upon the date of such adoption) and (ii) the execution of an amendment to this Agreement establishing and designating such additional Class or Classes.

  • Establishment of Plan Employer hereby establishes this Deferred Compensation Plan which shall become effective as of the date selected by Employer. The Plan shall be maintained for the exclusive benefit of Employee.

  • Establishment of Series Subject to the provisions of this Agreement, the Managing Member may, at any time and from time to time and in compliance with paragraph (c), cause the Company to establish in writing (each, a Series Designation) one or more series as such term is used under Section 18-215 of the Delaware Act (each a Series). The Series Designation shall relate solely to the Series established thereby and shall not be construed: (i) to affect the terms and conditions of any other Series, or (ii) to designate, fix or determine the rights, powers, authority, privileges, preferences, duties, responsibilities, liabilities and obligations in respect of Interests associated with any other Series, or the Members associated therewith. The terms and conditions for each Series established pursuant to this Section shall be as set forth in this Agreement and the Series Designation, as applicable, for the Series. Upon approval of any Series Designation by the Managing Member, such Series Designation shall be attached to this Agreement as an Exhibit until such time as none of such Interests of such Series remain Outstanding.