Common use of Minority Protection Clause in Contracts

Minority Protection. the Member who may from time to time hold a minority interest in the exploitation vehicle shall be entitled to appropriate minority protection provisions as are customary in the South African mining industry and as are fair and reasonable to both parties in view of all the circumstances then prevailing.

Appears in 2 contracts

Sources: Joint Venture Agreement (Peninsula Energy LTD), Joint Venture Agreement (Peninsula Energy LTD)