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

• SARS may, at its election and with prior notice to the Service Provider, cause the Service Credit to be set off against the Service Provider’s payment.

• Subject to clause 7.1 above, neither Party shall be entitled to withhold performance of any of its obligations in terms of this Agreement pending the settlement of, or decision in, any dispute arising between the Parties and each Party shall, in such circumstances, continue to comply with its obligations in terms of this Agreement: Provided that SARS shall not pay any invoice in respect of which there is a pending dispute.

• Except in so far as herein expressly provided, the Service Provider shall not make or issue any formal or informal announcement (with the exception of Stock Exchange announcements), advertisement or statement to the media in connection with this Agreement or otherwise disclose the existence of this Agreement or the subject matter thereof to any other person without the prior written consent of SARS.

• 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.

• The Service Provider is liable to SARS for the performance, malperformance, acts and or omissions of any of its Key Personnel or other personnel involved in the execution of this Agreement.

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 share appreciation rights, awarded pursuant to Article VII, with respect to Shares.

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.