Public Facilitation Trust definition

Public Facilitation Trust means The Sasol Inzalo Public Facilitation Trust, IT Reference Number: 1182/2008;
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Public Facilitation Trust means Sasol Inzalo Public Facilitation Trust, IT Reference No. 1182/2008;
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Public Facilitation Trust means Sasol Inzalo Public Facilitation Trust,
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Examples of Public Facilitation Trust in a sentence

  • For purposes of clauses 17, 18, 19 and 24 of the BEE Contract the securities transfer tax shall be borne by the Company or its nominee, the Public Facilitation Trust, if it is the buyer of the Shares in question.

  • Special Resolution number 18, to authorise the Company to provide financial assistance to Sasol’s nominee (including the Sasol Inzalo Public Facilitation Trust), to acquire any SOLBE1 Shares for a purchase price as specified on page 89 of the Circular, if the holders thereof have breached their obligations, was approved.

  • The provisions of the Agreement constitute a benefit for the Public Facilitation Trust, which it will be entitled to accept at any time by giving written notice to Sasol including an address for the purposes of clause 12.

  • The provisions of the Agreement constitute a benefit for the Public Facilitation Trust, which it will be entitled to accept at any time by giving written notice of such acceptance to Sasol including an address for the purposes of clause 12.

  • The number of shares that will ultimately be subscribed for will depend on the extent of the subscriptions by successful Applicants and the subscription by the Public Facilitation Trust.

  • Should the equity contributions be less than R400 million the shortfall may be funded by Sasol through the subscription for D Preference Shares and through subscriptions by the Public Facilitation Trust.

  • Therefore, the Public Facilitation Trust does not have the same restrictions as other Sasol Inzalo Shareholders.The Public Facilitation Trust will not be obliged to complete and submit a Funded Invitation Application Form to subscribe for any Sasol Inzalo Ordinary Shares.

  • Such purchase of Sasol BEE Ordinary Shares from Sasol BEE Ordinary Shareholders by the Public Facilitation Trust will not be a repurchase of securities in accordance with the Companies Act.

  • The provisions of the Agreement constitute a benefit for the Public Facilitation Trust, which it will be entitled to accept at any time by giving written notice of such acceptance to Sasol including an address for the purposes of clause 12.

  • It is merely the circumstances in which Sasol BEE Ordinary Shares could be acquired by the Public Facilitation Trust which have been extended.


More Definitions of Public Facilitation Trust

Public Facilitation Trust means The Sasol Inzalo Public Facilitation Trust, IT Reference Number: 1182/2008;[/s/ M M L Mokoka Company Secretary: Sasol Limited]
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Related to Public Facilitation Trust

  • Public fund means the state treasurer or a retirement system.

  • General Manager of Railway means the officer - in-charge of the General Superintendence and Control of the Railway and shall mean and include their successors, of the successor Railway;

  • public road means a road as defined by the Road Traffic Xxx 0000;

  • Securitization Trust means a trust formed pursuant to a Securitization pursuant to which one or more of the Notes are held.

  • Academy Trust shall include any company in which the Academy Trust: • holds more than 50% of the shares; or • controls more than 50% of the voting rights attached to the shares; or • has the right to appoint one or more directors to the board of the company.

  • Managing entity means the managing agent or, if there is no managing agent, the time-share

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • Public transportation system means all facilities, conveyances and instrumentalities, whether publicly or privately owned, that are used in or for publicly available services for the transportation of persons or cargo.

  • Public funds means money belonging to the government.