Common use of RECORDALS Clause in Contracts

RECORDALS. In terms of the Trust Loan Agreement, DRDGOLD will lend and advance an amount of R14,128,800.00 (fourteen million one hundred and twenty eight thousand eight hundred rand) to the Trust, on condition, inter alia, that the Trust applies the proceeds of the said subscription to subscribe for inter alia the Class

RECORDALS. In terms of the Trust Loan Agreement, DRDGOLD will lend and advance an amount of R14,128,800.00 (fourteen million one hundred and twenty eight thousand eight hundred rand) to the Trust, on condition, inter aliaelle, that the Trust applies the proceeds of the said subscription to subscribe for inter alia elle the ClassClass C Pref Share.