SARS definition

SARS means the South African Revenue Service.

SARS means the South African Revenue Services;

SARS means stock appreciation rights, awarded pursuant to Article VII, with respect to shares of any specified series of Common Stock.

Examples of SARS in a sentence

• Prior to the award of a bid SARS must have certified that the tax matters of the preferred bidder are in order.

• SARS has accepted the Business Continuity Plan submitted by the Service Provider with its Proposal.

• In order to preserve the integrity of the procurement process, the Designated Representative may only approve changes necessitated by operational requirements of SARS; ensure that it adheres to written and reasonable requests or instructions of the Designated Representative, in so far as same are lawful and consistent with this Agreement; The Service Provider must co-operate as may be requested by SARS, to enable SARS to, amongst other things, comply with an enquiry from a Regulatory Authority.

• The Service Provider shall be liable to SARS, where SARS has suffered any direct damages and/or Losses as a result of the Service Provider’s failure to observe its obligations in terms of the Agreement.

• All costs incurred in performing audits under this clause will be borne by SARS, unless audit findings reveal the Service Provider’s non-compliance with the terms of this Agreement and/or requirements of a Regulatory Authority or similar institution having jurisdiction over SARS and/or the Service Provider, in which event such costs will be borne by the Service Provider.

More Definitions of SARS

SARS means stock appreciation rights.

SARS means South African Revenue Service;

SARS means the SOUTH AFRICAN REVENUE SERVICE, an organ of state within the public administration but outside the public service established in terms of Section 2 of the South African Revenue Service Act, 1997 (Act No. 34 of 1997), with its principal address at 000 Xxxxxxxxxx Xxxxxx, Nieuw Muckleneuk, Pretoria;

SARS or "stock appreciation right" means a right granted by the Company, as compensation for services rendered, to receive a payment of cash or an issue or transfer of securities based wholly or in part on changes in the trading price of publicly traded securities of the Company.

SARS means stock appreciation rights granted pursuant to Section 7 of the Plan.

SARS means rights entitling the holder upon exercise to receive cash or Stock, as the Committee determines, equal to a function (determined by the Committee using such factors as it deems appropriate) of the amount by which the Stock has appreciated in value since the date of the Award.

SARS means South African Revenue Services.