Guarantee Limitations. (a) This guarantee does not apply to any liability to the extent that it would result in this guarantee constituting unlawful financial assistance within the meaning of section 44 or 45 of the South African Companies Act.
Appears in 3 contracts
Samples: Facilities Agreement (StarTek, Inc.), Senior Facilities Agreement (StarTek, Inc.), Facilities Agreement (StarTek, Inc.)
Guarantee Limitations. (a) 18.11.1 This guarantee does not apply to any liability to the extent that it would result in this guarantee constituting unlawful financial assistance within the meaning of section 44 or Section 45 of the South African Companies Act, 2008 of South Africa or any equivalent and applicable provisions under the laws of the jurisdiction of incorporation of the relevant Guarantor.
Appears in 2 contracts
Samples: Senior Facilities Agreement (Atlatsa Resources Corp), Facilities Agreement (Atlatsa Resources Corp)
Guarantee Limitations. (a) This guarantee does not apply to any liability to the extent that it would result in this guarantee constituting unlawful financial assistance within the meaning of section 44 or 45 Section 38 of the South African Companies Act, 1973 of South Africa or any equivalent and applicable provisions under the laws of the jurisdiction of incorporation of the relevant Guarantor.
Appears in 1 contract
Guarantee Limitations. (a) 10.11.1 This guarantee does not apply to any liability to the extent that it would result in this guarantee constituting unlawful financial assistance within the meaning of section 44 or 45 Section 38 of the South African Companies Act, 1973 of South Africa or any equivalent and applicable provisions under the laws of the jurisdiction of incorporation of the relevant Guarantor.
Appears in 1 contract
Samples: Funding Common Terms Agreement (Anooraq Resources Corp)
