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deed of joint venture agreement

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deed of joint venture agreement

A joint venture, or JV, is a type of business arrangement where two or more parties make an agreement to pool all of their resources to achieve a specific goal. Each PARTNERSHIP is obligated by this AGREEMENT to give the other PARTNERSHIP written notice of their desire to terminate the PARTNERSHIP, no fewer than [NUMBER] days from the proposed termination date. SYNTROLEUM INTERNATIONAL HOLDINGS COMPANY, an exempted company with This is a very flexible option.                 %. Hereafter, both of the above PARTIES shall be referred to as either the PARTIES or PARTNERS, interchangeably, for the purposes of the AGREEMENT. A 60-day notice is typical for most joint ventures. The Joint Venture shall be considered a joint venture between the Parties in all respects, and in no event shall this Agreement be construed to create a partnership or any other fiduciary relationship between the Parties. Other options could also work in different circumstances. This AGREEMENT shall constitute the entire agreement between the PARTIES. The PARTNERSHIP MANAGER shall be responsible for making available all records and books at the time of audit. Modify this this section to suit your needs. ARTICLE 26 – COUNTERPART EXECUTION AND FAX DELIVERY. ARTICLE 15 - GOVERNING LAW AND                                          Within six months of the plugging and abandonment or temporary abandonment of each of the For instance, if a business has a new product that they wish to sell but need a larger distribution network, the two could work together on a contract on making that happen. It includes pricing, legal terms, and electronic signature fields. The PARTNERSHIP MANAGER shall conduct regular reporting and meetings, in-person or otherwise, at the will of those signed herein, with the PARTIES at regular intervals of [DURATION]. A General Format of the Joint Venture Agreement that can be used to frame a standard JV agreement JOINT VENTURE (JV) AGREEMENT This Agreement is made and entered into as of the, by and between �裓d���~i���=�����?ƶ0v�n�b]����MV�|�-V'[�������fU��~��4�]�����S�-��4ee�}��Ei/�IѬa������[�?����x6���>f~���)��VOG����'�l-�P��D5�}g�ڔpk��]�N���>��ƃq�z�����:�-��-u�����K}�|'���iO�8E����Zq��A@�m��m/��lw�u!��DB���KJ��a(�>Rgi����!�荒�G��n(�Kѱ�Y?�:�����hL�v�j����>�!In�N�R�pՐ��q�T_O����5Z M�����M���5Iȑ�ڽ�О[�׫7��̨�f?���w��5�ف�H��Q�7��_���UY��a�4�AW�L����fэ���Δ���.��?�^�Z��6�͹isInߙ��?|�{b�����ĸO� ��0� be limited to, fire, flood, storm, hurricane, tornado, earthquake or other natural disaster, acts of war Additional Wells have not been drilled, elect to drill an Additional Well. )p The contract outlines the expectations, obligations, terms, and responsibilities that are expected of both parties during the project. THIS DEED OF ASSIGNMENT is made the      day of Wells. Termination of Joint Venture Agreement. A Joint Venture Agreement is a contract between two or more individuals or businesses who would like to undertake a new discrete project, start a new service, or do some other type of specific work together in order to make a profit.A Joint Venture Agreement is more limited than a Partnership Agreement, in that the parties are only working together for one specific activity.                      2004. Updated November 3, 2020: Joint venture contracts are when two parties come together in an agreement for a specific business project. and, For Purposes of Section 9 of this Agreement only, 27, 2004 (“Heads of Agreement”), pursuant to and subject to the terms of which Syntroleum desires to acquire, and YFP desires to transfer to Syntroleum Nigeria, Ltd., an undivided forty percent (40%) Participating Interest in and to the limited liability organized under the laws of the Cayman Islands with offices at 4322 South 49th West Avenue, Tulsa, In the event that either PARTNER should become insolvent, incapacitated, barred from operation, found in breach of any LAWS, civil or criminal, or in any way unable to fulfil its obligations in the PARTNERSHIP, this AGREEMENT shall be rendered null and void. Folawiyo Plaza, 38 Warehouse Road, Apapa, Lagos (hereinafter called “the Assignor” which expression shall where the context so admits include its successors-in-title and assigns) of the first part and SYNTROLEUM NIGERIA LIMITED, a ` 4�� ���)��+�W�~�Fi$�$*�� ]��‘7A�؛����g��G����;�:�ݡK��]n6��_����C��l5�%f-�i��@d0&����^��^�n�Dn,�R��N�`6J����r�H�l�o��*�^Z_���)��g's�\,��O�+~;�\�����)��n��]1.P�����9���uٴ��Mw!�ječ8�4fqd�#_4��6��C ��~֎)��.�FY +p!^u�|�O�A/k��r�]$��U�~p�q�X����������� )��C*C�ͯr����������i�����f�?2�(\��_�&t*\ ��+�K���FM��@�Yb����c;�1���i�|`�h�����=0��:]A��r��?��bY@�IJi �t�2w@�c�:�,+M;���xӔ +��R�Y���k��"�'�Z� �ժѤ ��ƶ%k���'��M�)���V�!�l� ��� This escrow agreement template can be used to identify an escrow agent and establish an escrow agreement between a buyer and seller. The PARTNERS shall conduct semi-annual audits of all records and books relating to the PARTNERSHIP, at a time of their determination. To decide which option is best for you, be sure to consider how much you want to be involved, if at all, in the management of it. Additional Wells, Syntroleum shall either (i) terminate its rights under the Agreements and then reassign and re-convey its Assigned Interests in the OML 113 Lease; (ii) provide the Declaration of Commerciality to YFP, or (iii) if all three OML 113 Lease in the disciplines associated with the exploration, development and production operations, %%EOF The JOINT PARTNERS shall be bound only to those actions pertaining to the discharge of the business described in this AGREEMENT. hެ�mo�0ǿʽ�^��)�#UHЖn�ڡ����Ȩ� A��u�~g'�@�J��_�;���� �@)U8. Use this Copyright License Agreement to authorize others to use your intellectual property. *** indicates material has been omitted pursuant to a Confidential Treatment Request filed with the Securities and Exchange Commission. h�bbd``b`J@�� H0��_����$� �3�� The CAPITAL funds are to be deposited in a SPECIAL ACCOUNT at [BANK], of [CITY], and are to be distributed immediately, upon the signatures of the representatives of the PARTIES.

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