Sale of Business Agreement definition

Sale of Business Agreement the written agreement entered into by the Private Party and SANParks for the Sale of Business; 2.1.82 “SANParks” - South African National Parks, a juristic person established in terms of section 5 of the National Parks Act, No. 57 of 1976 and continuing to exist as such in terms of the provisions of section 54 of the Protected Areas Act; 2.1.83 “SANParks Default” shall have the meaning ascribed to it in Clause 28; 2.1.84 “SANParks Employees” - persons employed or contracted to SANParks and whose employment is regulated in terms of the Public Services Xxx, 0000; 2.1.85 “Schedules” - the schedules to this PPP Agreement, as amended, replaced and varied from time to time; 2.1.86 “Shareholders” - the holders of the Equity from time to time; 2.1.87 “Signature Date” - the date of signature of this PPP Agreement by the last signing Party; 2.1.88 “Skills Development Spend” - has the meaning as set out in Schedule 5; 2.1.89 “South Africa” - the Republic of South Africa; 2.1.90 “State” - the Government of South Africa, acting directly or through its lawfully designated representatives; 2.1.91 “Subcontractors” - any subcontractor of the Private Party who has contracted directly with the Private Party in respect of any of the Project Deliverables; 2.1.92 “Suretyship” the deed of suretyship which shall be executed by each of the Shareholders in favour of SANParks as more specifically set out in Schedule 23; 2.1.93 “Termination Amount” - the amount payable by a Party on termination of this PPP Agreement in terms of this PPP Agreement; 2.1.94 “Termination Date” - any date of termination of this PPP Agreement, in accordance with its terms; 2.1.95 “Treasury Regulations” - the Treasury Regulations issued under the PFMA that apply to SANParks and/or this PPP Agreement; 2.1.96 “Transferrable Licenses Intellectual Property” - any Licensed Intellectual Property that the Private Party is entitled to transfer to SANParks; 2.1.97 “ Utilities” - facilities such as water, electricity, sewage, gas and telecommunications and, where appropriate, includes relevant provider thereof; 2.1.98 “Utility Charges” - charges or fees in respect of consumption of the Utilities used at the AENP Xxxx Braai Facility as provided by SANParks, the Relevant Authority or any other supplier; 2.1.99 “Variable PPP Fee” - that portion of the PPP Fee that is a percentage of the Gross Revenue of the Private Party, which percentage is detailed in Clause 19 and Schedule 6; 2.1.100 “VAT” - value added tax, as defin...
Sale of Business Agreement the written agreement entered into by the Private Party and SANParks for the Sale of Business;
Sale of Business Agreement means the sale of business agreement entered into, or to be entered into, between Harmony and the Purchaser in terms of which the Business is sold by Harmony to the Purchaser;

Examples of Sale of Business Agreement in a sentence

  • Sale of Business Agreement, dated September 29, 2000, between Anglo Operations Limited and High Mast Properties 18 Limited and Astec Industries, Inc.

  • All of the conditions precedent of the Sale of Business Agreement (as referenced in paragraph 16.20.7 of the adopted business rescue plan) are being progressed.

  • Would have called for and read the Sale of Business Agreement between the promoter and the developer (the agreement is in the schedules and annexures to the prospectus).

  • The SDA is monitored by a Contract Management Unit (CMU) established within the municipality to oversee the delivery of services by all the municipal service entities.In addition to the SDA, the municipality also entered into a Sale of Business Agreement (SBA) with Johannesburg Water which set out the sale price of the business and how this would be paid by the company.

  • Extensive industry regulation has had, and will continue to have, a significant impact on our business, especially our product development, manufacturing, and distribution capabilities.


More Definitions of Sale of Business Agreement

Sale of Business Agreement means an agreement dated 16 April, 1999 and made between Glynwed Steels Limited (1) Glynwed International Pic (2) NL (3) and Niagara (4);
Sale of Business Agreement means the agreement called the Sale of Business Agreement entered into between SEQWB and SEQWCo on 20 September 1999 under the South East Queensland Water Board (Reform Facilitation) Act 1999, section 5(1).
Sale of Business Agreement means the Sale of Business Agreement among Royal Bafokeng Resources Proprietary Limited, Maseve and Platinum Group Metals (RSA) Proprietary Limited dated November 23, 2017, as amended on February 2, 2018 and March 12, 2018;
Sale of Business Agreement means a sale of business agreement to be concluded between RBR, the Company and PTM (RSA) on or about the date of this Agreement, in terms of which the Company sells the Plant Business to RBR;
Sale of Business Agreement means the Sale of Business Agreement relating to the ICI Fertilizer Business dated November 20, 1997 between ICI, Terra U.K. and Terra providing for the U.K. Nitrogen Acquisition, as from time to time amended (without prejudice to Section 5.02(l)).
Sale of Business Agreement means the Sale of Business Agreement signed on November 23, 2017 and between the RBPlat Purchaser, Maseve and the Guarantor, as amended by the First Addendum to Sale of Business Agreement;
Sale of Business Agreement means the agreement headed “Sale of Business Agreement” entered or to be entered into between Randfontein, the Company and Pamodzi, in terms of which Randfontein will sell the Business as a going concern to the Company;