Preferential Procurement Sample Clauses

Preferential Procurement. 6.5.1 The Seller undertakes to the Buyer that it will procure compliance with the Committed Obligations in relation to the Preferential Procurement element in Annex 6 (Preferential Procurement Element Obligations). 6.5.2 The Quarterly Obligations, in respect of Preferential Procurement, are contained in Annex 10 (Quarterly Obligations). The Seller shall procure that the Quarterly Obligations referred to in Annex 10 (Quarterly Obligations) are attained or exceeded in the relevant periods. 6.5.3 Impact of B-BBEE Codes and Amended B-BBEE Codes on the Committed Obligations in relation to Preferential Procurement
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Preferential Procurement. The Works shall be executed in accordance with the conditions associated with the granting of preferences detailed in the Preference Schedule where preferences are granted in respect of B-BBEE contribution. Financial penalties, as described in the Preference Schedule, shall be applied in the event that the Contractor is found to have breached and of the conditions contained in the Preference Schedule (unless proven to be beyond the control of the Contractor). Notwithstanding the application of penalties, the Contractor’s attention is drawn to other sanctions that may be applied by the Employer (listed in the Preference Schedule) with due consideration to the circumstances.
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Preferential Procurement. Page 104 C3.3.2 Subcontracting..................................................................................... Page 104 C3.4.1 Works specifications............................................................................ page 105
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Preferential Procurement. Please provide the following information What was the total value of procurement from B-BBEE enterprises (including qualifying small and exempted micro enterprises) over the same period? What was the total value of procurement from qualifying small enterprises over the same period? What was the total value of procurement from exempted micro enterprises over the same period?
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Preferential Procurement. 6.5.1 The Seller undertakes to the DoE that it will procure compliance with the Committed Obligations in relation to the Preferential Procurement element in Annex 6 (Preferential Procurement Element Obligations). 6.5.2 The Quarterly Obligations, in respect of Preferential Procurement, are contained in Annex 10 (Quarterly Obligations). The Seller shall procure that the Quarterly Obligations referred to in Annex 10 (Quarterly Obligations) are attained or exceeded in the relevant periods. 6.5.3 Impact of B-BBEE Codes and Amended B-BBEE Codes on the Committed Obligations in relation to Preferential Procurement 6.5.3.1 The Parties anticipate that the introduction of the Amended B- BBEE Codes may have an impact on the interpretation of the Committed Obligations in relation to Preferential Procurement. 6.5.3.2 The Parties therefore wish to regulate how Preferential Procurement will be recognised during the Term. 6.5.3.3 In order to demonstrate compliance with the Preferential Procurement Sub-Elements which utilise B-BBEE Recognition Levels to measure compliance, the Seller’s contribution thereto will be recognised based on the valid B-BBEE Verification Certificate submitted in respect of the relevant Vendor, whether that verification certificate is issued in terms of a Sector Code, the B-BBEE Codes or the Amended B-BBEE Codes.
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Preferential Procurement. 10.2.3.2.1 The Lesetlheng Community shall establish an entity through which it conducts its procurement benefits as described in this Agreement ("Procurement Entity") and inform PPM in writing as to the identity, nature and structure of this entity. 10.2.3.2.2 PM shall endeavour to promote and actively develop business opportunities for the Lesetlheng Community in respect of the Mining Operations undertaken on Wilgespruit, and will transact only with the Procurement Entity in this regard. These opportunities will be specifically with regard to and consistent with:
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Preferential Procurement. Please provide the following information What was your company’s total eligible procurement spend for the past 12 months? What was the total value of procurement from BBBEE enterprises (including qualifying small and exempted micro enterprises) over the same period? What was the total value of procurement from qualifying small enterprises over the same period? What was the total value of procurement from exempted micro enterprises over the same period?
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Preferential Procurement. By bidding to be on this bid, the bidder commits themselves to comply the Preferential Procurement Regulations, 2017, sub-regulation 4(1), which states: - 4.(1) If an organ of state decides to apply pre-qualifying criteria to advance certain designated groups, that organ of state must advertise the tender with a specific tendering condition that only one or more of the following tenderers may respond- (a) a tenderer having a stipulated minimum B-BBEE status level of contributor; (b) an EME or QSE; (c) a tenderer sub-contracting a minimum of 30% to- (i) an EME or QSE which is at least 51% owned by black people; (ii) an EME or QSE which is at least 51% owned by black people who are youth; (iii) an EME or QSE which is at least 51% owned by black people who are women; (iv) an EME or QSE which is at least 51% owned by black people with disabilities; (v) an EME or QSE which is 51% owned by black people living in rural or underdeveloped areas or townships; (vi) a cooperative which is at least 51% owned by black people; (vii) an EME or QSE which is at least 51% owned by black people who are military veterans; (viii) an EME or QSE.
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Related to Preferential Procurement

  • CFR PART 200 Procurement of Recovered Materials A non-Federal entity that is a state agency or agency of a political subdivision of a state and its contractors must comply with section 6002 of the Solid Waste Disposal Act, as amended by the Resource Conservation and Recovery Act. The requirements of Section 6002 include procuring only items designated in guidelines of the Environmental Protection Agency (EPA) at 40 CFR part 247 that contain the highest percentage of recovered materials practicable, consistent with maintaining a satisfactory level of competition, where the purchase price of the item exceeds $10,000 or the value of the quantity acquired during the preceding fiscal year exceeded $10,000; procuring solid waste management services in a manner that maximizes energy and resource recovery; and establishing an affirmative procurement program for procurement of recovered materials identified in the EPA guidelines. Does vendor certify that it is in compliance with the Solid Waste Disposal Act as described above? Yes

  • Denial of Preferential Tariff Treatment The Customs Authority of the importing Party may deny a claim for preferential tariff treatment when: (a) the good does not qualify as an originating good; or (b) the importer, exporter or producer fails to comply with any of the relevant requirements of this Chapter.

  • Preferential Collection of Claims Against Issuer The Indenture Trustee shall comply with TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b). An Indenture Trustee who has resigned or been removed shall be subject to TIA Section 311(a) to the extent indicated.

  • Preferential Collection of Claims Against Issuers The Trustee is subject to TIA § 311(a), excluding any creditor relationship listed in TIA § 311(b). A Trustee who has resigned or been removed shall be subject to TIA § 311(a) to the extent indicated therein.

  • Public Procurement The Parties shall cooperate to develop conditions for open and competitive award of contracts for goods and services in particular through calls for tenders.

  • Preferential Collection of Claims If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of the claims against the Company (or any such other obligor).

  • Preferential Collection of Claims Against Company The Trustee shall comply with TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b). A Trustee who has resigned or been removed shall be subject to TIA Section 311(a) to the extent indicated therein.

  • Environmentally Preferable Procurement Policy The Environmentally Preferable Procurement Policy, along with a brief policy description, is located on the City’s website at the following link: xxxx://xxx.xxxxxxxxx.xxx/esd/natural-energy-resources/epp.htm. Environmental procurement policies and activities related to the completion of any Work will include, whenever practicable, but are not limited to:  The use of recycled and/or recyclable products in daily operations (i.e. 30%, 50%, 100% PCW paper, chlorine process free, triclosan free hand cleaner, etc.);  The use of energy-star compliant equipment;  The use of alternative fuel and hybrid vehicles, and implementation of protocols aimed at increasing the efficiency of vehicle operation;  The implementation of internal waste reduction and reuse protocol(s); and  Water and resource conservation activities within facilities, including bans on individual serving bottled water and the use of compostable food service products.

  • Preferential Collection of Claims Against the Company The Trustee shall comply with Section 311(a) of the Trust Indenture Act, excluding any creditor relationship described in Section 311(b) of the Trust Indenture Act. A Trustee who has resigned or been removed shall be subject to Section 311(a) of the Trust Indenture Act to the extent included therein.

  • Preferential Rights SM Energy shall, within 10 days after the Execution Date, send to each holder of a Preferential Right a notice requesting the election or waiver by each such holder of its applicable Preferential Right, in each case in compliance with the contractual provisions applicable to such Preferential Right, requesting a waiver of such right. Any Preferential Right must be exercised subject to all terms and conditions set forth in this Agreement, including the successful closing of this Agreement pursuant to Article XI. The consideration payable under this Agreement for any particular Asset for purposes of Preferential Right notices shall be the Allocated Value of such Asset. (i) All Assets burdened by Preferential Rights for which (A) the applicable Preferential Right has been waived, or (B) the period to exercise such Preferential Right has expired prior to the Closing without the applicable holder of such Preferential Right electing to enforce its Preferential Right, shall, in each case, be assigned to Buyer at the Closing pursuant to the provisions of this Agreement. (ii) If, prior to the Closing (A) any holder of a Preferential Right notifies SM Energy that it intends to consummate the purchase of the portion of the Assets to which its Preferential Right applies or (B) the time for exercising a Preferential Right has not expired and the holder of such Preferential Right has not waived such Preferential Right, then, in each case, such portion of the Assets affected by such Preferential Right shall be excluded from the Assets to be conveyed to Buyer at Closing and the Purchase Price shall be reduced by the Allocated Value of such excluded portion of the Assets. SM Energy shall be entitled to all proceeds paid by a Person exercising a Preferential Right prior to the Closing. If, after Closing (1) such holder of such Preferential Right thereafter fails to consummate the purchase of the portion of the Assets covered by such Preferential Right or (2) the time for exercising such Preferential Right expires without exercise by the holder thereof, then SM Energy shall (x) so notify Buyer and (y) on or before 10 days following delivery of such notice, assign such portion of the Assets to Buyer pursuant to an assignment in substantially the form of the Assignment and the Purchase Price shall be increased by an amount equal to the Allocated Value of the such portion of the Assets.

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