ELSBURG JV definition

ELSBURG JV means the joint venture established between the following entities whose proportionate partnership interests in such joint venture were as at the EFFECTIVE DATE, are as at the SIGNATURE DATE and will be as at Page 14 the CLOSING DATE as follows:- 1.1.20.1 MOGALE - 50% (fifty per centum) thereof; and 1.1.20.2 ERPM -50% (fiftyper centum) thereof;
Sample 1
ELSBURG JV means Elsburg Gold Mining Joint Venture, the participants whereunder and their proportionate joint venture interests are as at the EFFECTIVE DATE and will be as at the CLOSING DATE, as follows:- 1.1.16.1 MOGALE - 50% (fifty per centum); and 1.1.16.2 ERPM - 50% (fifty per centum);
Sample 1
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);
Sample 1

Examples of ELSBURG JV in a sentence

  • No VENTURER may withdraw from the ELSBURG JV without the consent of the other VENTURERS, which may be granted or withheld by the other VENTURERS in their sole and absolute discretion.

  • Upon dissolution, the ELSBURG JV shall engage in no further business thereafter other than that necessary to operate the BUSINESS on an interim basis, collect its receivables and liquidate its assets.

  • The ELSBURG JV and ERGO MINING shall jointly and severally be obliged to maintain the ERPM ASSETS in good working order and condition and uon the termination of the MINING USER CONTRACT for whatever reason, to return the same to ERPM, fair wear and tear excepted and save where ownership has passed to third parties, including the ELSBURG JV or ERGO MINING, as the case may be.

  • The interests of the VENTURERS in the ELSBURG JV shall be personal to the VENTURERS per se.

  • The ELSBURG JV shall not do, or cause to be done or omit to do anything in, on or under the ELSBURG DUMPS which may render the future environmental rehabilitation thereof and/or any areas contiguous thereto ineffective or more costly.

  • The Fair Housing Act protects individuals on the basis of race, color, religion, sex, familial status, national origin, or having a disability or a particular type of disability.

  • In catering for the aforegoing dilution, cognisance shall be taken by the VENTURERS of any significant BEE shareholding in either VENTURER per se so that the admission of any new BEE participant in the ELSBURG JV will not constitute what may otherwise be a duplicate dilution in the case of either of the existing VENTURERS.

  • 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 shall then have the first right and option, for a period ending 30 (thirty) calendar days following the receipt of such written notice, to elect to purchase all or any part of the Offered Percentage Interest at the purchase price and upon the terms specified in the BONA FIDE OFFER.

  • The PARTIES agree and undertake to sign all documentation necessary for and/or incidental to procuring the disposition and implementation of the disposition of the AFFECTED INTEREST and of ensuring that the appropriate notices are made in the books of account of the ELSBURG JV recording the same.


More Definitions of ELSBURG JV

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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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.

  • 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 by two or more persons 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.

  • Urban Enterprise Zones means a zone designated by the New Jersey Enterprise Zone Authority pursuant to the New Jersey Urban Enterprise Zones Act, N.J.S.A. 52:27H-60 et. seq.