BR Practitioner definition

BR Practitioner or “BRP” means the business rescue practitioner of the Company appointed in terms of the provisions of section 129 (3)(b), being Sipho Sono;
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BR Practitioner or “BRP” means Sipho Sono appointed by the Company in
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Examples of BR Practitioner in a sentence

  • To resolve the impasse, the BR Practitioner has engaged with Sheerprops, through its attorneys, and has agreed to certain terms that were proposed by Sheerprops, subject to the approval of this BR Plan, the result of which would be a conclusion of a three year lease agreement.

  • In terms of section 140(1)(a) of the Act, the BR Practitioner took over full management control of the Company in substitution for its board and pre- existing management, but as he was entitled to do, the BR Practitioner delegated certain functions to some of the Directors who are part of the Board and pre-existing senior management of the Company.

  • In order to minimise the operating expenses of the Company, the BR Practitioner continues to: ▪ monitor the cash flow and financial position; ▪ control payments; and ▪ enforce general controls.

  • The adjustment to the BR Practitioner, which will be based on the difference between the proposed charge out rate and the tariff rates, will only be payable on Substantial Implementation Date.

  • In terms of section 140(1)(a) of the Act, the BR Practitioner took over full management control of the Company in substitution for its board and pre-existing management, but as he was entitled to do, the BR Practitioner delegated certain functions to pre-existing senior management of the Company.

  • The BR Practitioner estimates that the VAT claw- back as a result of the compromise contemplated with respect to Excluded Claims will not exceed R50 000, and will be payable to SARS.

  • The BR Practitioner has paid particular attention to the functions entailing the administration of the affairs of the Company and to protect its assets, to ascertain the viability of the of the Company and to ascertain whether the Company could be rescued or whether it was necessary to dispose of certain of the Company’s assets to achieve a better dividend for Creditors in Business Rescue as compared to the dividend that would accrue to Creditors and Employees in a liquidation.

  • Any contracts considered to be onerous to the Company have been or will be renegotiated or cancelled either by (i) agreement between the parties thereto and the BR Practitioner and, (ii) failing agreement, the BR Practitioner will apply to court to cancel all the Company’s’ obligations under such Contracts.

  • The BR Practitioner negotiated and concluded a shareholder’s loan from the NEF for an amount of R2 million, as bridging finance until the Dti pays the approved grant of a similar amount.

  • Creditors who, for whatever reason, do not submit their claims to the BR Practitioner within 60 days after the BR Plan Adoption Date of Monday 23 January 2023, will be deemed to have abandoned their claim/s and their right to participate in any distribution under this BR Plan and shall have no further Claims against the Company.

Related to BR Practitioner

  • Health practitioner means a registered health practitioner registered or licensed as a health practitioner under an appropriate law of the State of Tasmania.

  • Sole practitioner means a GP performer who is himself a contractor;

  • Licensed practitioner means an individual who has been trained in the use of personal restraint and seclusion, who is knowledgeable of the risks inherent in the implementation of personal restraint and seclusion, and who is 1 of the following:

  • Registered Health Practitioner means a health practitioner registered, or licensed, as a health practitioner (or as a health practitioner of a particular type) under a law of a State or Territory that provides for the registration or licensing of health practitioners (or health practitioners of that type).

  • Health care practitioner means an individual or firm licensed or certified to engage actively in a regulated health profession.

  • Licensed health care practitioner means a physician, as defined in Section 1861(r)(1) of the Social Security Act, a registered professional nurse, licensed social worker or other individual who meets requirements prescribed by the Secretary of the Treasury.

  • Chinese Medicine Practitioner means a Chinese medicine practitioner who is duly registered with the Chinese Medicine Council of Hong Kong pursuant to the Chinese Medicine Ordinance (Cap. 549) of the laws of Hong Kong, but excluding the Insured Person, the Policyholder, an insurance intermediary, an employer, employee, Immediate Family Member or business partner of the Policyholder and/or Insured Person.

  • Nurse practitioner means an advanced practice registered nurse who is jointly licensed by the

  • Practitioner means a physician, dentist, licensed nurse practitioner pursuant to § 54.1-2957.01,

  • Licensed Independent Practitioner means any individual permitted by law and by the Medical Staff and Board to provide care and services without direction or supervision, within the scope of the individual’s license and consistent with individually granted clinical privileges.

  • Respiratory care practitioner means a person who is

  • Specialist medical practitioner means a specialist as defined in section 3 of the Health Insurance Act 1973.

  • Qualified Medical Practitioner means any person legally authorized by the Government with jurisdiction in the geographical area of his or her practice to render medical or surgical service, but excluding a qualified medical practitioner who is the Insured Person or an Immediate Family Member of the Insured Person.

  • medical practitioner means a person who holds a valid registration from the Medical Council of any State or Medical Council of India or Council for Indian Medicine or for Homeopathy set up by the Government of India or a State Government and is thereby entitled to practice medicine within its jurisdiction; and is acting within its scope and jurisdiction of license. The registered practitioner should not be the insured or close Family members.

  • Certified nurse practitioner means an ARNP educated in the disciplines of nursing who has advanced knowledge of nursing, physical and psychosocial assessment, appropriate interventions, and management of health care, and who possesses evidence of current certification by a national professional nursing association approved by the board.

  • Dental practitioner means a person in private practice registered by the Australian Dental Association.

  • Licensed Medical Practitioner means a person who is licensed, certified, and/or registered, in accordance with applicable Federal, State, local, or foreign laws and regulations, to prescribe controlled substances and other drugs.

  • general medical practitioner means a general practitioner as defined in section 3 of the Health Insurance Act 1973.

  • general practitioner means a medical practitioner engaged in the provision of primary, continuing whole-patient care to individuals, families and their community not being a vocationally registered general practitioner.

  • legal practitioner means an advocate, vakil or an attorney of any High Court, and includes a pleader in practice.

  • Practitioners in private practice means a practitioner who does not:

  • registered medical practitioner means a medical practitioner registered under the Medical Act 1971 [Act 50];

  • Impaired practitioner means individuals whose professional practice is adversely affected by substance abuse, addiction, or other health-related conditions.

  • Participating Certified Nurse Practitioner means a Certified Nurse Practitioner who has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Health profession means those licensed or regulated professions set forth in RCW 18.120.020(4).

  • Cosmetologist means any person who administers cosmetic treatments; manicures or pedicures the nails of any person; arranges, dresses, curls, waves, cuts, shapes, singes, waxes, tweezes, shaves, bleaches, colors, relaxes, straightens, or performs similar work, upon human hair, or a wig or hairpiece, by any means, including hands or mechanical or electrical apparatus or appliances unless such acts as adjusting, combing, or brushing prestyled wigs or hairpieces do not alter the prestyled nature of the wig or hairpiece, and practices cosmetology for compensation. The term "cosmetologist" shall not include hair braiding upon human hair, or a wig or hairpiece.