Suretyship definition

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.
Suretyship means a suretyship provided by a third-party approved by the Lessor, as security for the Lessee’s obligations under this Lease Agreement, which suretyship shall, unless otherwise agreed by the Parties in writing, take the form of and contain the terms set out pro-forma suretyship attached hereto as Annexure D;
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 Suretyship in a sentence

  • The Suretyship Agreement executed at Mindanao State University, Philippines, jointly and severally, by , Filipino, of legal age, with residence and postal address at and , Filipino, of legal age, with residence and postal address at , both of whom are permanent employees of the University, hereinafter referred to as SURETIES, in favor of MSU Marawi, created under Republic Act No. 1387, with principal office at Marawi City, hereinafter referred to as MSU-Marawi City.


More Definitions of Suretyship

Suretyship means your agreement with us as set out in this document. If this document is amended in any way, the word “Suretyship” means the agreement as amended.
Suretyship means each and every suretyship issued in consequence to this Agreement, whether attached hereto or done separately;
Suretyship means the Second Amended and Restated Guaranty and Suretyship dated the date hereof executed and delivered by the Parent in favor of the Lenders, pursuant to which the Parent guaranteed and became surety for the prompt payment and performance of the Obligations, and any future amendments, restatements, modifications or supplements thereof or thereto.
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;
Suretyship means the relationship created by this Agreement in which the Defendant pays the amount of the Premium in exchange for ▇▇▇▇▇▇’▇ assuming the entire amount of the bond owed to the court if the Defendant fails to appear or skips bail.
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 20; 2.1.87 “Termination Amount” - the amount payable by the Private Party on termination of this PPP Agreement in terms of Clause 25.6; 2.1.88 “Termination Date” - any date of termination of this PPP Agreement, in accordance with its terms; 2.1.89 “Treasury Regulations” - the Treasury Regulations issued under the PFMA that apply to SANParks and/or this PPP Agreement; 2.1.90 “Transferrable Licenses Intellectual Property” - any Licensed Intellectual Property that the Private Party is entitled to transfer to SANParks; 2.1.91 “Utilities” - all facilities serving the public, such as water, electricity, sewage, gas and telecommunications and, where appropriate, includes the relevant provider thereof;
Suretyship means any agreement, undertaking or other contractual arrangement (but excluding completion and performance bonding in the course of business) by which any Person guarantees, endorses or or is contingently upon (by direct or indirect agreement. Contingent or otherwise, to provide funds for payment, to supply funds to or otherwise to invest in a debtor, or otherwise to assure a creditor against loss) any indebtedness, obligation or other (including accounts payable) of any other Person (other than by endorsements of instruments in the course of collection), or guarantees the payment of dividends or other distributions upon the shares of any other Person, The amount of any Person’s under any Suretyship Liability shall (subject to any set forth therein) be deemed to be the principal amount of the indebtedness, or other liability guaranteed thereby.