Black Entities definition

Black Entities means a vesting trust which qualifies for recognitionunder the Codes, Broad-Based ownership scheme (as contemplated in the Codes), a close corporation, or an unincorporated entity or association, including a partnership, joint venture, syndicate or "Stokvel" as may be determined by VSA in its sole discretion as an entity or association which may enable VSA to claim BEE scorecard points pursuant to the Codes;
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Black Entities means a vesting trust which qualifies for recognition under the Codes, a broad- based ownership scheme, a close corporation, or an unincorporated entity or association, including a partnership, joint venture, syndicate or “stokvel” as may be determined by Sasol in its sole discretion as an entity or association, which may enable Sasol to claim points pursuant to the Codes;
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Examples of Black Entities in a sentence

  • Elected officers of the Coalition shall consist of a President (who shall be the Executive Director), two Co-Chairs, a Treasurer, and a Secretary.

  • It involves only one integral, due to the speci- fication of common factors.

  • Specifically, the Seashore Sale Agreement provided for Seashore to pay to the Trustee the sum of $216,000; Seashore to share recoveries with the Trustee that it obtains from the Black Entities, up to a cap of $1,750,000; and mutual releases between the Trustee and Seashore and the dismissal with prejudice of the claims pending between those Parties.

  • Id. at 2.There was no provision for any up-front cash payment and the success of the Black Settlement depended upon the financial performance of the Black Entities, with Paul Black’s cooperation.

  • The Trustee conveyed the ownership interests in the Black Entities that he had obtained from Black to Shor.

  • Meanwhile, on June 1, 2010, the Trustee commenced an action against Seashore and the Black Entities (“Trustee Suit”) by filing a Complaint alleging causes of action for: actual and constructive fraudulent transfers under state and federal law, conversion, breach of fiduciary duty, turnover of estate property, equitable subordination, and aiding and abetting.

  • On August 2, 2011, Paul Black and the Black Entities filed a Notice of Appeal of the Final Sale Order seeking to dissolve the Seashore Sale Agreement and substitute another agreement in its place—either the Black Settlement or the offer from Mr. Oblach.

  • Performance of this payment schedule was secured by Black’s transfer of his ownership interests in the Black Entities to the Trustee, to be reconveyed to Black upon payment in full or upon final liquidation of all Estate assets.

  • Toby Shor and Seashore Investments Management Trust, AAA Arbitration No. 70-198-Y00161-09 (AAA Dallas, TX), whereby Seashore alleged causes of action for breach of promissory notes between Seashore and the Black Entities along with fraud and various tort claims.

  • Neither did the Black Settlement provide any disincentives that would compensate Black if the Trustee failed to get the Black Settlement approved.According to the Black Settlement, Black agreed to pay the sum of $1.5 million as follows:Monthly proceeds paid to the Trustee generated from operations of Black Entities, equal to 10% of the net proceeds, of each operation of all Black Entities and which are payable on a month-to-month basis from the Effective Date of the Settlement Agreement.

Related to Black Entities

  • Parent Entities means, collectively, Parent and all Parent Subsidiaries.

  • SpinCo Entities means the entities, the equity, partnership, membership, limited liability, joint venture or similar interests of which are set forth on Schedule IV under the caption “Joint Ventures and Minority Investments.”

  • Buyer Entities means, collectively, Buyer and all Buyer Subsidiaries.

  • Partnership Entities means the General Partner and each member of the Partnership Group.

  • Company Entities means the Company and its Subsidiaries.

  • Sponsor Entities means AP Talos Energy LLC, AP Talos Energy Debtco LLC, Apollo Management VII, L.P., AIF VII Management, LLC and its affiliates, Apollo Commodities Management, L.P. with respect to Series I, Apollo Commodities Management GP, LLC and its affiliates, Apollo Global Securities, LLC and its affiliates, Riverstone Talos Energy Equityco LLC, Riverstone Talos Energy Debtco LLC, REP Management Company V, LLC, Riverstone Equity Partners LP and Riverstone Holdings LLC and its affiliates.

  • Atlas means Automated Transportation Logistics Activity System. ATLAS is a computerized information system to which all Shippers have access upon request. ATLAS enables Shippers to nominate and release product and to monitor and coordinate the movement of Petroleum Products while on Carrier's system.

  • Operating Partnership has the meaning set forth in the preamble.

  • ETP means Energy Transfer Partners, L.P., a Delaware limited partnership.

  • MLP has the meaning given such term in the introduction to this Agreement.

  • Holding Entities means the subsidiaries of the Infrastructure Partnership, from time to time, through which it indirectly holds all of the Partnership’s interests in the operating entities.

  • Seller Entities means, collectively, Seller and all Seller Subsidiaries.

  • PJM Entities means PJM, including the Market Monitoring Unit, the PJM Board, and PJM’s officers, employees, representatives, advisors, contractors, and consultants. PJM Interchange:

  • Acquired Entities means the Company and the Acquired Subsidiaries.

  • Spinco Subsidiaries means all direct and indirect Subsidiaries of Spinco immediately following the Contribution.

  • Company Subsidiaries means the Subsidiaries of the Company.

  • Newco has the meaning set forth in the first paragraph of this Agreement.

  • Transferred Entities means the entities set forth on Schedule 1.9.

  • Blocker has the meaning set forth in the preamble.

  • Parent means a “parent corporation,” whether now or hereafter existing, as defined in Section 424(e) of the Code.

  • Bank Entities is defined in Section 12.9.

  • Parent Subsidiaries means the Subsidiaries of Parent.

  • Holdco has the meaning set forth in the Preamble.

  • Acquired Companies means, collectively, the Company and the Company Subsidiaries.

  • Seller Subsidiaries means the subsidiary partnerships of the McNeil Partnerships listed on Annex G to this Agreement (the "Subsidiary Partnerships") and the subsidiary corporations listed on Annex F to this Agreement (the "Subsidiary Corporations") which hold GP Interests in certain of the Subsidiary Partnerships.

  • Partnership Group Member means any member of the Partnership Group.