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Unincorporated Joint Venture

   Also found in: Acronyms 0.01 sec.
Unincorporated joint venture
A joint venture in which the legal means of dividing the project's equity is by shareholdings in a company.

Unincorporated Joint Venture
A joint venture where the parties do not form a corporation. That is, an unincorporated joint venture is either an ad hoc project or legally structured as a partnership.


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could enter into an unincorporated joint venture known as gyomu teikei (or business tie-up), a common practice among Japanese companies.
a subsidiary of Exxon Mobil Corporation) to the Eos Joint Venture (an unincorporated joint venture comprising WorleyParsons and Kellogg Brown & Root), an agreement covering Project Services for the PNG LNG Project.
Macarthur Coal's mines and exploration tenements are held within unincorporated joint ventures, a structure which has allowed the Company to gain significant strategic benefits by involving other parties in its projects.
 
 
 
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