Changes in Control. For the duration of the Project Term, the Private Party shall procure that there is no Change in Control in the Private Party (or in any company of which the Private Party is a subsidiary) without the prior written approval of SANParks, which approval shall not be unreasonably withheld, provided that no Change in Control may breach the provisions of Schedule 5 in any way.
Appears in 21 contracts
Samples: Private Partnership Agreement, PPP Agreement, Draft PPP Agreement
Changes in Control. For From the Signature Date as well as for the duration of the Project Term, the Private Party shall procure that there is no Change in Control in the Private Party (or in any company of which the Private Party is a subsidiary) without the prior written approval of SANParks, which approval shall not be unreasonably withheld, provided that no Change in Control may breach the provisions of Schedule 5 in any way.
Appears in 15 contracts
Samples: Phabeni Gate Bush Braai PPP Agreement, Crocodile Bridge Bush Braai PPP Agreement, PPP Agreement
Changes in Control. For From the Signature Date as well as for the duration of the Project Term, the Private Party shall procure that there is no Change in Control in the Private Party (or in any company of which the Private Party is a subsidiary) without the prior written approval of SANParks, which approval shall not be unreasonably withheld, provided that no Change in Control may breach the provisions of Schedule SCHEDULE 5 β BEE OBLIGATIONS in any way.
Appears in 1 contract
Samples: Skukuza Airport PPP Agreement
Changes in Control. For From the Signature Date as well as for the duration of the Project Term, the Private Party shall procure that there is no Change in Control in the Private Party (or in any company of which the Private Party is a subsidiary) without the prior written approval of SANParks, which approval shall not be unreasonably withheld, provided that no Change in Control may breach the provisions of Schedule Annexure 5 in any way.
Appears in 1 contract
Samples: Public Private Partnership Agreement