BEE UNDERTAKINGS Sample Clauses

BEE UNDERTAKINGS. 15.1 If, during the Empowerment Period, a Company ceases to satisfy the Ownership Requirements for any reason whatsoever (other than as a direct result of the Ownership Requirements being increased after the Commencement Date by virtue of a law of general application), Exxaro shall –
AutoNDA by SimpleDocs
BEE UNDERTAKINGS. 9.5.1 As at the Signature Date, each of the following Shareholders undertake that they are a Black Enterprise and that they have the following BEE status levels:

Related to BEE UNDERTAKINGS

  • Negative undertakings The Borrower will not:

  • COMPLIANCE UNDERTAKINGS 6.1. The Fund undertakes to comply with Subchapter M and Section 817(h) of the Code, and all regulations issued thereunder.

  • Corporate Undertakings The Company will not engage in any of the following activities without a prior evaluation and affirmative recommendation of Advisor, solely for the Company's benefit and not for the benefit of any third party:

  • Representations and Undertakings 2.1. The Trust represents to the Distributor that all registration statements filed by the Trust with the SEC under the 1933 Act, with respect to Shares have been prepared in conformity with the requirements of the 1933 Act and rules and regulations of the SEC thereunder.

  • Other Undertakings 1. The Recipient shall:

  • Further Undertakings The Executive hereby undertakes to the Company that he will not at any time:

  • Grantee Undertaking The Grantee agrees to execute such further instruments and to take such action as may reasonably be necessary to carry out the intent of this Agreement.

  • Positive undertakings At all times until full discharge of the Secured Obligations, the Issuer covenants with the Security Trustee that it shall:

  • Covenants and Undertakings The Grantor covenants and undertakes that:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!