Pelawan Dividend Trust definition
Examples of Pelawan Dividend Trust in a sentence
Each Controlled Creditor, each Obligor and the Pelawan Dividend Trust is a Party to this Agreement in order to acknowledge the priorities, rights and obligations set out in this Agreement and undertakes not to take or agree to take any action which may prejudice or affect the enforcement of the provisions of this Agreement or do anything which would be inconsistent with any provision of this Agreement.
DIVIDEND TRUST an inter vivos trust established under the laws of South Africa with Master's Reference No. IT8410/2004, represented by TUMELO MOATLHODI MOTSISI and ASNA ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ in their respective capacities as trustees, for the time being, for and on behalf of the Pelawan Dividend Trust.
Pelawan will exercise the board lots relating to its Current Shareholding in order to ensure, to the extent within its power, and will procure that those persons nominated by it to the Board who are also directors or officers of Pelawan ensure, to the extent within their power, that Anooraq shall declare and pay dividends in accordance with the requirements of the Exchange Control Approval, as defined in the Pelawan Dividend Trust Deed.