BEE Compliant Persons definition

BEE Compliant Persons means, as interpreted by the courts from time to time:
Sample 1Sample 2Sample 3
BEE Compliant Persons has the meaning given to this term in the JSE Listings Requirements;
Sample 1Sample 2Sample 3
BEE Compliant Persons means, as interpreted by the courts from time to time: 1.5.1. as regards a natural person, one who falls within the ambit of the definition of "black people" in the BEE Codes; 1.5.2. as regards a juristic person having shareholdings or similar member’s interest, one which falls within the ambit of the definitions of BEE owned company and BEE controlled company using the flow through principle contemplated in the BEE Codes; 1.5.3. as regards any other entity, any entity similar to a BEE controlled company or a BEE owned company using the flow through principle contemplated in the BEE Codes, which would enable the Issuer of securities owned or controlled by such entity to claim points attributable to the entity’s ownership of the securities pursuant to the BEE Codes;
Sample 1Sample 2Sample 3

Examples of BEE Compliant Persons in a sentence

  • In the event that the listings requirements of the JSE so permit and the Company determines that a listing of Sasol BEE Ordinary Shares on the JSE is not ensuring that in general Sasol BEE Ordinary Shares are Beneficially Owned by BEE Compliant Persons only, the Company shall be entitled to delist the Sasol BEE Ordinary Shares form the JSE, provided that it puts in place an alternative trading mechanism.

  • The "A" Shares may only be held by the Ukhamba Trust, the IUC Trust and BEE Compliant Persons.

  • In the event that the listings requirements of the JSE so permit and the Company determines that a listing of Sasol BEE Ordinary Shares on the JSE is not ensuring that in general Sasol BEE Ordinary Shares are Beneficially Owned by BEE Compliant Persons only, the Company shall be entitled to delist the Sasol BEE Ordinary Shares form the JSE, provided that it puts in place an alternative trading mechanism.47A.

  • The Proposed JSE Listings Requirements will, if approved, provide that the transferability of BEE Securities is restricted to take place only between BEE Compliant Persons.

  • To the extent that the Proposed Listings Requirements permit Sasol, without obtaining the passing of an ordinary resolution from the requisite shareholders, to delist the Sasol BEE Ordinary Shares from the proposed BEE Segment, if that does not ensure generally that Sasol BEE Ordinary Shares are Benefi cially Owned by BEE Compliant Persons only, the proposed new Article 168 referred to in special resolution number 7 in the Notice of General Meting will enable Sasol to exercise this right.

  • The changes were required to ensure that the transferability of BEE Securities is restricted to take place only between BEE Compliant Persons during the relevant empowerment period of the particular Issuer (being until 7 September 2018 in the case of Sasol, or such shorter period as may be determined by Sasol in its sole discretion).13Sasol at the same time investigated other trading mechanisms.

  • Sasol BEE Ordinary Shareholders as well as members of the public, who are BEE Compliant Persons and may wish to acquire Sasol BEE Ordinary Shares, can direct queries relating to the trading of Sasol BEEOrdinary Shares on the JSE to the dedicated Computershare Call Centre.

  • As is the case with the Cash Contract, Amended Cash Contract, the New Cash Contract and Amended New Cash Contract, the fundamental purpose of the BEE Contract is to ensure that BEE Securities will be benefi cially owned only by BEE Compliant Persons.

  • For this reason the JSE has prescribed that the BEE Contract is generic in form and suitable for use by any Issuer, not just Sasol.As is the case with the Amended Cash Contract and the Amended New Cash Contract, the fundamental thread running through the BEE Contract is the requirement that only BEE Compliant Persons should be or become the Benefi cial Owners of BEE Securities.

  • The proposed BEE Segment will differ in that purchases of BEE Securities will be restricted to BEE Compliant Persons.


More Definitions of BEE Compliant Persons

BEE Compliant Persons means as interpreted by the courts, from time to time – 1.2.3A.1 as regards a natural person, a Black Person;
Sample 1Sample 2
BEE Compliant Persons means as interpreted by the courts, from time to time –1.2.3A.1 as regards a natural person, a Black Person;1.2.3A.2 as regards a juristic person having a shareholding or similar member’s interests, one who falls within the ambit of the definitions of BEE Controlled Company* or BEE Owned Company†, using the flow-through principle;1.2.3A.3 as regards any other entity, any entity similar to a BEE Controlled Company* or BEE Owned Company† using the flow-through principle contemplated in the BEE Codes which would enable Sasol to claim points attributable to the entity’s ownership of Sasol BEE Ordinary Shares pursuant to the Broad-Based Black Economic Empowerment Codes of Good Practice gazetted from time to time under the BEE Act;”3. A new clause 1.2.3B is inserted after clause 1.2.3A which reads as follows:
Sample 1
BEE Compliant Persons. ' means, during the BEE Listing Period, any Eligible Person which YeboYethu (or its Nominee, delegate or agent) has notified as having successfully completed the BEE Verification, and whose BEE Status has not expired or been withdrawn in accordance with the YeboYethu Standard Trading
Sample 1
BEE Compliant Persons means as interpreted by the courts, from time to time –1.2.4A.1 as regards a natural person, a Black Person;1.2.4A.2 as regards a juristic person having a shareholding or similar member’s interests, one who falls within the ambit of the definitions of BEE Controlled Company¹ or BEE Owned Company², using the flow-through principle;1.2.4A.3 as regards any other entity, any entity similar to a BEE Controlled Company¹ or BEE Owned Company² using the flow-through principle contemplated in the BEE Codes which would enable Sasol to claim points attributable to the entity’s ownership of Sasol BEE Ordinary Shares pursuant to the Broad-Based Black Economic Empowerment Codes of Good Practice gazetted from time to time under the BEE Act;”3. A new clause 1.2.4B is inserted after clause 1.2.4A which reads as follows:
Sample 1
BEE Compliant Persons means as interpreted by the courts, from time to time –1.2.3A.1 as regards a natural person, a Black Person; 1.2.3A.2 as regards a juristic person having a shareholding or similar member’s interests, one who falls within the ambit of the definitions of B-BBEE Controlled Company* or B-BBEE Owned Company†, using the flow-through basis;1.2.3A.3 as regards any other entity, any entity similar to a B-BBEE Controlled Company* or B-BBEE Owned Company† using the flow-through basis which would enable Sasol Inzalo to claim points attributableto the entity’s ownership of Sasol Inzalo Ordinary Shares pursuant to the Broad-Based Black Economic Empowerment Codes of Good Practice gazetted from time to time under the BEE Act;”3. a new clause 1.2.3B is inserted after clause 1.2.3A which reads as follows:
Sample 1
BEE Compliant Persons means as interpreted by the courts, from time to time –1.2.4A.1 as regards a natural person, a Black Person; 1.2.4A.2 as regards a juristic person having a shareholding or similar member’s interests, one who falls withinthe ambit of the definitions of B-BBEE Controlled Company¹ or B-BBEE Owned Company², using the flow- through basis; 1.2.4A.3 as regards any other entity, any entity similar to a B-BBEE Controlled Company¹ or B-BBEE Owned Company² using the flow-through basis which would enableSasol Inzalo to claim points attributable to the entity’s ownership of Sasol Inzalo Ordinary Shares pursuant to the Broad-Based Black Economic Empowerment Codes of Good Practice gazetted from time to time under the BEE Act;”4. a new clause 1.2.4B is inserted after clause 1.2.4A which reads as follows:
Sample 1

Related to BEE Compliant Persons

  • Relevant Persons means all persons that undertake in Northern

  • Displaced Persons means persons who, on account of the execution of the Project, have experienced or would experience direct economic and social impacts caused by: (a) the involuntary taking of land, resulting in: (i) relocation or loss of shelter; (ii) loss of assets or access to assets; or (iii) loss of income sources or means of livelihood, whether or not such persons must move to another location; or (b) the involuntary restriction of access to legally designated parks and protected areas, resulting in adverse impacts on the livelihood of such persons; and a “Displaced Person” means any of such Displaced Persons.

  • Covered Entities have the meanings stated in Section 1(a) of the Parent Support Agreement.

  • Key Management Personnel means persons having authority and responsibility for planning, directing and controlling the activities of the Company, directly or indirectly, including any Director (whether executive or otherwise) of the Company;

  • Handicapped person means any person who has a physical or mental impairment that substantially limits one or more major life activities, has a record of such an impairment, or is regarded as having such an impairment.

  • Specified Personnel means the personnel specified in the Contract to provide the Services.

  • Baseline Personnel Security Standard means the pre-employment controls for all civil servants, members of the Armed Forces, temporary staff and government contractors generally.

  • Investment Personnel means: (a) Portfolio Managers and other Advisory Persons who provide investment information and/or advice to the Portfolio Manager(s) and/or help execute the Portfolio Manager's(s') investment decisions, including securities analysts and traders; (b) any natural person in a control relationship to the Fund who obtains information concerning recommendations made to the Fund with regard to the purchase or sale of a security; and (c) certain other individuals as designated by the Compliance Officer.

  • Resident Personnel means such persons who at the time of being so hired had their domicile inside India;

  • Drug-dependent person means a person who is using a

  • Sanctioned Persons has the meaning provided in Section 5.19.

  • plant pest means any living organism, other than a vertebrate animal, in any stage of its existence, which is injurious or likely to be injurious to any plant or plant product;

  • Support Personnel means the staffs that support the Key Personnel.

  • Trained personnel means knowledgeable in the following through instruction and/or practice:

  • Non-Investment Personnel means any Employee that does not meet the definition of Investment Personnel as listed above.

  • Individualized family service plan means a written plan for providing early intervention services to an eligible child and the child’s family.

  • relevant person means, in relation to premises in respect of which there is in force a premises licence -

  • Displaced Person means a person who, on account of the execution of the Project, has experienced or would experience direct economic and social impacts caused by: (i) the involuntary taking of land, resulting in (A) relocation or loss of shelter; (B) loss of assets or access to assets; or (C) loss of income sources or means of livelihood, whether or not such person must move to another location; or (ii) the involuntary restriction of access to legally designated parks and protected areas, resulting in adverse impacts on the livelihood of such person; and “Displaced Persons” means, collectively, all such Displaced Persons.

  • Subrecipient Parent DUNS Number means the subrecipient parent organization’s 9-digit Data Universal Numbering System (DUNS) number that appears in the subrecipient’s System for Award Management (SAM) profile, if applicable.

  • Contractor Personnel means Contractor’s employees and subcontractors (as well as any employees or subcontractors of those subcontractors) performing the Services.

  • LOCKHEED XXXXXX Procurement Representative means a person authorized by LOCKHEED XXXXXX'x cognizant procurement organization to administer and/or execute this Contract.

  • Capacity Export Transmission Customer means a customer taking point to point transmission service under Tariff, Part II to export capacity from a generation resource located in the PJM Region that has qualified for an exception to the RPM must-offer requirement as described in Tariff, Attachment DD, section 6.6(g).

  • Dependent person means a person who cannot demonstrate financial independence from parents or persons other than a spouse and who does not meet the criteria for independence established in Section 5 of this administrative regulation.

  • Third Party Vendor means any person or entity that provides SaaS, third party software and/or related intellectual property. “Work” means any additional work the Customer requests Singtel to perform in relation to the Service.

  • Senior Management Personnel means personnel of the company who are members of its core management team excluding Board of Directors. Normally, this would comprise all members of management one level below the executive directors, including all functional heads.

  • Screened Affiliate means any Affiliate of a Holder (i) that makes investment decisions independently from such Holder and any other Affiliate of such Holder that is not a Screened Affiliate, (ii) that has in place customary information screens between it and such Holder and any other Affiliate of such Holder that is not a Screened Affiliate and such screens prohibit the sharing of information with respect to the Company or its Subsidiaries, (iii) whose investment policies are not directed by such Holder or any other Affiliate of such Holder that is acting in concert with such Holder in connection with its investment in the Notes, and (iv) whose investment decisions are not influenced by the investment decisions of such Holder or any other Affiliate of such Holder that is acting in concert with such Holders in connection with its investment in the Notes.