ELSBURG JV definition

ELSBURG JV means the joint venture established between the following entities, whose proportionate interests in such joint venture were as at the EFFECTIVE DATE, are as at the SIGNATURE DATE and will be as at the CLOSING DATE as follows:- 1.1.17.1 MOGALE - 50% (fifty per centum) thereof; and 1.1.17.2 ERPM
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ELSBURG JV means Elsburg Gold Mining Joint Venture, the participants whereunder and their proportionate joint venture interests were as at the EFFECTIVE DATE, are as at the SIGNATURE DATE and will be as at the CLOSING DATE, as follows:- 1.1.20.1 MOGALE - 50% (fifty per centum); and 1.1.20.2 ERPM -50% (fifty per centum);
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ELSBURG JV means an unincorporated joint venture between DRDGold and ERPM established in terms of the Heads of Agreement between them dated 8 December 2008;
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Examples of ELSBURG JV in a sentence

  • Each VENTURER covenants and agrees not to withdraw or to attempt to withdraw from the ELSBURG JV without obtaining such consent.

  • The principal place of BUSINESS of the ELSBURG JV shall be the PROPERTY or at such other place or places as the VENTURERS may from time to time select.

  • Upon the liquidation of a VENTURER’s interest in the ELSBURG JV, at the end of the financial year of the ELSBURG JV in which such liquidation occurs or 90 (ninety) days after the date of such liquidation, whichever is later, such VENTURER shall pay to the ELSBURG JV in immediately available funds an amount equal to the deficit, if any, in such VENTURER’s capital account and such funds shall be distributed in accordance with the provisions of clause 25.4 supra.

  • On or before the last day of February of each calendar year, the VENTURERS shall cause to be prepared by the AUDITORS and delivered to each VENTURER at the expense of the ELSBURG JV, an annual report of the financial affairs relating to the preceding financial year containing an unaudited balance sheet and profit and loss and cash flow statements.

  • The receivables of the ELSBURG JV shall be collected, and its assets shall be liquidated as promptly as is consistent with obtaining the fair value thereof.

  • The VENTURERS shall execute all such instruments for facilitating the collection of the ELSBURG JV receivables and the liquidation of the ELSBURG JV assets and for the mutual indemnity and release of the VENTURERS as may be requisite or proper.

  • Upon application to any court of competent jurisdiction, the ELSBURG JV shall be entitled to an order against any PERSON violating or about to violate the provisions hereof, requiring specific performance of any of the provisions herein.

  • In the event a VENTURER shall decide to DISPOSE of all or any part of its PERCENTAGE INTEREST (“Offered Percentage Interest”) pursuant to a BONA FIDE OFFER, such VENTURER shall give written notice, setting forth in full the terms of such BONA FIDE OFFER and the identity of the offeror(s), to the ELSBURG JV and the other VENTURER.

  • Accordingly, except as otherwise specifically provided for in the AGREEMENT, no VENTURER shall have the right to sell, transfer, encumber or otherwise DISPOSE of all or any part of its PERCENTAGE INTEREST in the ELSBURG JV, whether voluntarily, involuntarily or by operation of law, or assign or create a beneficial interest in its share of DISTRIBUTABLE CASH except as provided in this clause 22.

  • The ELSBURG JV’s indemnification obligations hereunder shall apply not only with respect to any PROCEEDING brought by the ELSBURG JV or a VENTURER but also with respect to any PROCEEDING brought by a third party.


More Definitions of ELSBURG JV

ELSBURG JV means the Elsburg Gold Mining Joint Venture, the participants whereunder and their proportionate joint venture interests as at:- 1.1.11.1 the SIGNATURE DATE, Page 8 are:- • MOGALE - 50% (fifty per centum); and • ERPM - 50% (fifty per centum); and 1.1.11.2 the CLOSING DATE, in the event of the non-exercise of the OPTION, will be:- • MOGALE - 35% (thirty five per centum); and • ERPM - 65% (sixty five per centum); or 1.1.11.3 the CLOSING DATE, in the event of the exercise of the OPTION, will be:- • MOGALE - 23,6% (twenty three comma Page 9 six per centum); and • ERPM - 76,4% (seventy six comma four per centum);
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Related to ELSBURG JV

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) replaced by The Companies Act, 2013 (No. 18 of 2013) and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund;

  • MINORITY BUSINESS ENTERPRISE (MBE means an individual, partnership, corporation or joint venture of any kind that is owned and controlled by U. S. Citizens and residents of Ohio, who are and have held themselves out as members of the following socially and economically disadvantaged groups: Blacks, American Indians, Hispanics and Asians. Only businesses certified by the State of Ohio Equal Opportunity Division in accordance with Section 123.151 of the Ohio Revised Code shall be recognized as being MBE certified within the purpose of this invitation.

  • GP means Gottbetter & Partners, LLP.

  • Management Group means at any time, the Chairman of the board of directors, the Chief Executive Officer, the President, any Managing Director, Executive Vice President, Senior Vice President or Vice President, any Treasurer and any Secretary of Holdings or other executive officer of Holdings or any Subsidiary of Holdings at such time.

  • Embalmer means any person engaged in the practice of embalming.

  • TRS means a taxable REIT subsidiary (as defined in Section 856(l) of the Code) of the General Partner.

  • OpCo has the meaning set forth in the Preamble.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • Sub-Manager Any Person with which the Property Manager or the Special Servicer has entered into a Sub-Management Agreement.

  • Production company means a person or entity engaged in the business of making motion picture, television, or radio images for theatrical, commercial, advertising, or education purposes; Reserved

  • Asset Management is a principle/practice that includes planning processes, approaches, plans, or related documents that support an integrated lifecycle approach to the effective stewardship of infrastructure assets to maximize benefits and effectively manage risk.

  • Carlyle means Carlyle Investment Management, LLC.

  • Co-op A private, cooperative housing corporation, having only one class of stock outstanding, which owns or leases land and all or part of a building or buildings, including apartments, spaces used for commercial purposes and common areas therein and whose board of directors authorizes the sale of stock and the issuance of a Co-op Lease.

  • PEBB means the public employees benefits board.

  • Warburg Pincus CS", "CSAM", "Credit Suisse" or "Credit Suisse Warburg Pincus".

  • General partnership means an organization formed under chapters 45-13 through 45-21.

  • Hospitality means the considerate care of guests, which may include refreshments, accommodation and entertainment at a restaurant, hotel, club, resort, convention, concert, sporting event or other venue such as Company offices, with or without the personal presence of the host. Provision of travel may also be included, as may other services such as provision of guides, attendants and escorts; use of facilities such as a spa, golf course or ski resort with equipment included;

  • minority business enterprise means any small contractor or supplier of materials fifty-one percent or more of the capital stock, if any, or assets of which is owned by a person or persons: (1) who are active in the daily affairs of the enterprise, (2) who have the power to direct the management and policies of the enterprise, and (3) who are members of a minority, as such term is defined in subsection (a) of Connecticut General Statutes § 32-9n; and

  • Dte. GHS means Directorate General and Health Services, MOH&FW.

  • Sub-Advisor shall include the Sub-Advisor and/or any of its affiliates and the directors, officers and employees of the Sub-Advisor and/or any of its affiliates.

  • CLO Asset Manager means, with respect to any Securitization Vehicle that is a CLO, the entity that is responsible for managing or administering the underlying assets of such Securitization Vehicle or, if applicable, the assets of any Intervening Trust Vehicle (including, without limitation, the right to exercise any consent and control rights available to the Directing Holder).

  • Graham + Sibbald /"we"/"us"/"our" means Graham + Sibbald LLP, a limited liability partnership incorporated in Scotland (Registered Number SO307130) and having its registered office address at Seabraes House, 18 Greenmarket, Dundee, DD1 4QB.

  • Asset Management Agreement means, as the context requires, any agreement entered into between a Series and an Asset Manager pursuant to which such Asset Manager is appointed as manager of the relevant Series Assets, as amended from time to time.

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

  • Asset Management Company means an asset Management Company as defined in the Rules and Regulations.