Use this Copyright License Agreement to authorize others to use your intellectual property. Wells. commercial, pay to YFP upon such Notice the Aje Commercial Bonus, and agree to drill the Additional ` 4��
In all cases, any correspondences, notices, or other documents pursuant to this AGREEMENT, for the duration of its TERM, shall be addressed to the respective addresses of record for both PARTIES. Additional Wells have not been drilled, elect to drill an Additional Well. The PARTIES shall not be construed as general partners, agents, or employees of each other, respectively, beyond the terms of this AGREEMENT. endstream
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be pro-rated for any period that is less than a full Calendar Year. This AGREEMENT shall constitute the entire agreement between the PARTIES. 2004. Track opens, views, and time spent on each page. and, For Purposes of Section 9 of this Agreement only, industrial disturbances even if they were not beyond the reasonable control of the Party. reasonably believes may result in any such orders, notices, directives or claims being issued or made. 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. ARTICLE 15 - GOVERNING LAW AND %%EOF
The contract outlines the expectations, obligations, terms, and responsibilities that are expected of both parties during the project. P&O Princess shall have given a termination notice under Section 9.01(c) of the Joint Venture Agreement or the Joint Venture Agreement shall have been terminated without any cost to P&O Princess (excluding any existing termination amount set forth in the Implementation Agreement between P&O Princess and Royal Caribbean Cruises Ltd., dated as of … This JOINT PARTNERSHIP AGREEMENT shall not be amended, altered, or revised without the prior writer consent of the PARTNERS. Within six months of the plugging and abandonment or temporary abandonment of each of the the OML 113 Lease and there are no circumstances existing as at the date of this Agreement which YFP duly authorized officers to execute and deliver this Agreement as of the day and year first above written. complete copy of this agreement has been filed with the Securities and Exchange Commission. UpCounsel accepts only the top 5 percent of lawyers to its site. Modify this this section to suit your needs. In all cases, any correspondences, notices, or other documents pursuant to this AGREEMENT, for the duration of its TERM, shall be addressed to the respective addresses of record for both PARTIES. ending on the date of first Commercial Production from the OML 113 Lease the budget for such training program shall be not less than seventy-five thousand dollars (US$75,000) per Calendar Year. 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. including the management of such operations, and assisting YFP in complying with the relevant regulations of the Government from time to time as such regulations may apply to the OML 113 Lease. The PARTNERSHIP MANAGER shall be removed from liability in any act, rendered in good faith, in the course of executing his/her duties, except if such behaviour shall be determined to be grossly negligent or wilfully disruptive or damaging to the business of either of the PARTNERS, their organizations, employees, customers, agents, or affiliates. Also, consider what will happen if the venture does not work out and the amount of risk you are willing to take. If you need help with joint ventures, you can post your legal need on UpCounsel’s marketplace. are hereinafter collectively called the Assignees which expression shall where the context so admits include their respective successors-in-title and assigns) of the other part. Updated November 3, 2020: Joint venture contracts are when two parties come together in an agreement for a specific business project. be limited to, fire, flood, storm, hurricane, tornado, earthquake or other natural disaster, acts of war IN WITNESS WHEREOF 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 IN WITNESS WHEREOF, the Parties have caused their the parties hereto have caused their Common Seals to be hereto affixed the date and year first above written. 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. Each Additional Well will be spudded within twelve months of the plugging and abandonment or temporary abandonment of the previous Additional Well. 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. PandaDoc is not responsible for examining or evaluating such Third Party Materials, and does not provide any warranties relating to the Third Party Materials. Your customers can decide to lease a car from anywhere and you want them to sign it from anywhere. The PARTNERSHIP MANAGER shall see to the maintenance of records and books of all transactions relating to the AGREEMENT, to be stored at [LOCATION]. This is a very flexible option. Links to such Third Party Materials are for your convenience and does not constitute an endorsement of such Third Party Materials. This JOINT PARTNERSHIP AGREEMENT (the AGREEMENT) is entered into on this [DAY] of [MONTH], [YEAR], by and between [PARTY 1], on behalf of [COMPANY], [ADDRESS], and [PARTY 2], on behalf of [COMPANY], [ADDRESS]. Unresolved disputes resulting from the JOINT PARTNERSHIP shall go to mediation before arbitration.