Skills Development Spend definition
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 ▇▇▇▇ 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 defined in the VAT Act or any similar tax which is imposed in place of or in addition to such tax; and 2.1.101 “VAT Act” - Value Added Tax Act, No. 89 of 1991, as amended form time to time.
Skills Development Spend has the meaning as set out in Schedule 5;
Skills Development Spend has the meaning as set out in Schedule 5; 2.1.88 “South Africa” - the Republic of South Africa; 2.1.89 “State” - the Government of South Africa, acting directly or through its lawfully designated representatives; 2.1.90 “Subcontractors” - any subcontractor of the Private Party who has contracted directly with the Private Party in respect of any of the Project Deliverables; 2.1.91 “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; 2.1.92 “Termination Amount” - the amount payable by a Party on termination of this PPP Agreement in terms of this PPP Agreement; 2.1.93 “Termination Date” - any date of termination of this PPP Agreement, in accordance with its terms; 2.1.94 “Treasury Regulations” - the Treasury Regulations issued under the PFMA that apply to SANParks and/or this PPP Agreement;
Examples of Skills Development Spend in a sentence
Specifically, the Private Party shall: apply no less than an amount to Skills Development Spend equal to [x] percent of its annual payroll expenditure in any financial year towards the costs of implementing its skills development targets for that financial year.
More Definitions of Skills Development Spend
Skills Development Spend refers to investment in skills development initiatives through both external training providers and the quantifiable costs of accredited internal training programmes. Internal training spend does not include the opportunity cost of employees attending the skills development initiatives;
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;
Skills Development Spend has the meaning as set out in Schedule 5 – BEE Obligations;
Skills Development Spend has the meaning as set out in Schedule 5; 2.1.87 “South Africa” - the Republic of South Africa; 2.1.88 “State” - the Government of South Africa, acting directly or through its lawfully designated representatives; 2.1.89 “Subcontractors” - any subcontractor of the Private Party who has contracted directly with the Private Party in respect of any of the Project Deliverables; 2.1.90 “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 21; 2.1.91 “Termination Amount” - the amount payable by a Party on termination of this PPP Agreement in terms of this PPP Agreement; 2.1.92 “Termination Date” - any date of termination of this PPP Agreement, in accordance with its terms; 2.1.93 “TMNP Tariffs” - the tariffs stipulated by SANParks for Utility Charges and any other fees, levies and the like, in respect of cost of recoveries incidental to goods and/or services provided by SANParks to the Private Party in the Protected Area, as may be reviewed by SANParks from time to time; 2.1.94 “Treasury Regulations” - the Treasury Regulations issued under the PFMA that apply to SANParks and/or this PPP Agreement;
Skills Development Spend has the meaning as set out in Schedule 5; 2.1.72 “South Africa” - the Republic of South Africa; 2.1.73 “State” - the Government of the Republic of South Africa, acting directly or through its lawfully designated representatives; 2.1.74 “Subcontractors” - any subcontractor of the Private Party and a third party, who has contracted directly with the Private Party in respect of the Project; 2.1.75 “Termination Amount” - the amount payable on termination of this PPP Agreement in terms of Clause 24.4; 2.1.76 “Termination Date” - any date of early termination of this PPP Agreement, in accordance with its terms; 2.1.77 “the Business” - the business conducted on behalf of the SANParks by Private Party at the Picnic Site Facility, carried on as a going concern, but specifically excluding, for the avoidance of doubt, the Liabilities and all Debtors; 2.
Skills Development Spend has the meaning as set out in Schedule 5; 2.1.71 “South Africa” - the Republic of South Africa; 2.1.72 “State” - the Government of the Republic of South Africa, acting directly or through its lawfully designated representatives;