BBKT definition

BBKT means the Bakgatla Ba Kgafela Tribe, a universitas personarum being a traditional community and tribe established according to indigenous custom, with full contractual capacity;
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Examples of BBKT in a sentence

  • If the Relevant PIC Entities deliver the PIC Election Notice in accordance with this clause 19.2 then BBKT undertakes in favour of the Relevant PIC Entities, prior to selling more than 23.7% (twenty three point seven percent), if (a) applies, or 25% (twenty five percent), if (b) applies, of the Platmin Shares, to procure that the Relevant PIC Entities receive a BBKT Reciprocal Offer.

  • The terms and conditions of the I▇▇ ▇▇▇▇ PIC Consideration Claim, the BBKT BPJV Consideration Claim, the BBKT Lexshell Consideration Claim, the RPM Richtrau Consideration Claim, the I▇▇ ▇▇▇▇ IBMR Consideration Claim, the BBKT IBMR Procurement Consideration Claim and the BBKT IBMR Shares and Claims Consideration Claim, the I▇▇ ▇▇▇▇ LLTI Consideration Claim and the BBKT LLTI Consideration Claim shall be those set out in the Loan Creation Consolidation Agreement.

  • C BBKT wishes to subscribe for the BBKT BPJV Consideration Shares at the BBKT BPJV Consideration Shares Subscription Price.

  • If BBKT delivers the BBKT Election Notice in accordance with this clause 19.1 then the Pallinghurst Investor Consortium undertakes in favour of BBKT, prior to selling more than 35% (thirty five percent) of the Platmin Shares, to procure that BBKT receives a PIC Reciprocal Offer.

  • Against discharge by BBKT of the BBKT BPJV Consideration Shares Subscription Price in terms of this Agreement, Platmin wishes to issue the BBKT BPJV Consideration Shares to BBKT.

  • This clause 19.2 constitutes a stipulatio a▇▇▇▇▇ in favour of any member of the Pallinghurst Investor Consortium’s Party’s Group which is not a Party and which may be accepted by it delivering a PIC Election Notice to BBKT in accordance with the provisions of this clause 19.2. If the Relevant PIC Entities exercise their election in terms of this clause for the avoidance of doubt, they shall be required to take up all and not only part of the BBKT Reciprocal Offer.

  • If BBKT exercises its election in terms of this clause 19.1, for the avoidance of doubt, it shall be required to take up all and not only part of the PIC Reciprocal Offer.

  • BBKT hereby undertakes in favour of Platmin to also act in good faith in the aforesaid process.

  • Platmin shall, in good faith, consider all comments made by BBKT in relation to such documentation.

  • The Attempting Parties undertake to procure an appropriate guarantee or undertaking will be in place so that in the event that the Platmin Entity/ies do not repurchase and/or purchase the Additional BBKT IBMR Consideration Shares in accordance with this clause and BBKT delivers the Notice then BBKT will be entitled to put the Additional BBKT IBMR Consideration Shares, whether by means of a Platmin repurchase or otherwise, on mutatis mutandis the same terms and conditions as the Offer.