Qualified Joint Venture

Qualified Joint Venture. Means any corporation, partnership, limited liability company or joint venture which meets all of the following criteria (i) the Company or a Restricted Subsidiary owns and controls not less than 50% of the ownership and voting power of such entity, (ii) the interest of the Company or such Restricted Subsidiary in such entity is an Investment in Joint Venture, and (iii) the Administrative... Agent has approved the guaranty of such entity's Indebtedness. View More