Fundamentals of joint venture agreement.pdf
Fundamentals of joint venture agreement.pdf
Fundamentals of joint venture agreement.pdf
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(z)SupremacyThis clause provides that in the event <strong>of</strong> any conflict betweenthe provisions <strong>of</strong> the JV <strong>agreement</strong> and the Articles <strong>of</strong>Association <strong>of</strong> the JV company the intention <strong>of</strong> the parties isthat the provisions <strong>of</strong> the JV <strong>agreement</strong> shall prevail. Theparties are required to exercise their voting rights in a mannerthat gives effect to the provisions <strong>of</strong> the JV <strong>agreement</strong> and ifnecessary alter the Articles <strong>of</strong> the JV suitably.