Common use of Managing Venturer Clause in Contracts

Managing Venturer. Although Mieka shall be the initial Managing Venturer of the Joint Venture, the Joint Venture and all of its affairs, property, business, and Operations shall be managed and controlled by the Venturers. Subject to a contrary Vote, the Venturers expressly delegate management of the day-to-day Operations of the Joint Venture to the Managing Venturer.

Appears in 3 contracts

Sources: Joint Venture Agreement (Vadda Energy Corp), Joint Venture Agreement (Vadda Energy Corp), Joint Venture Agreement (Vadda Energy Corp)