BEE Compliant Person definition

BEE Compliant Person means as interpreted by the courts, from time to time –
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BEE Compliant Person means as interpreted by the courts, from time to time:161. 3.1 as regards a natural person, one who falls within the ambit of the definition of “black people” in the BEE Codes;161. 3.2 as regards a juristic person having shareholdings or similar members’ interests, one who falls within the ambit of the definitions of BEE controlled company or BEE owned company, as defined in the Codes, using the flow-through principle;161. 3.3 as regards any other entity, any entity similar to a BEE controlled company or BEE owned company using the flow-through principle would enable the Company as the issuer of securities owned or controlled by such entity to claim points attributable to the entity’s ownership of the securities pursuant to the Codes;161. 4
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BEE Compliant Person as defined in the BEE Contract“
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Examples of BEE Compliant Person in a sentence

  • On the expiry date, the BEE Verification Confirmation status will automatically expire, and the beneficial owner will with immediate effect no longer be considered to be a BEE Compliant Person and will not be entitled to purchase any further SOLBE1 shares.

  • In towns and districts where there is a considerable proportion of Hungarian nationals belonging to racial, religious or linguistic minorities, these minorities shall be assured an equitable share in the enjoyment and application of sums which may be provided out of public funds under the State, municipal or other budgets, for educational, religious or charitable purposes.

  • Sell the Specified BEE Securities to any BEE Compliant Person, and the executor of Your estate shall instruct the Registered Shareholder to take whatever steps are necessary, and the Registered Shareholder shall be obliged to take such steps, in order to effect any such transfer or Sale of the Specified BEE Securities, as the case may be.

  • If practicable, such Board Member shall also be a member of the Band.

  • If an Encumbrance has been recorded against any BEE Securities, the Participant must ensure before transferring those BEE Securities in terms of the Encumbrance, that they are only transferred to a BEE Compliant Person, who binds herself/himself/itself to a BEE Contract prior to taking transfer of those BEE Securities.

  • All the experiments presented in this paper so far have been based strictly on the original Senseval2 training sets using cross-validation.

  • Please see paragraph 6 for full details on the BEE Contract and an analysis of the difference between the BEE Contract on the one hand and the Amended Cash Contract and Amended New Cash Contract on the other.Each person that is not a natural person, wishing to acquire BEE Securities will have to lodge a BEE Certifi cate refl ecting that it is a BEE Compliant Person, with its Broker, which will have to be renewed annually.

  • You undertake for the duration of This BEE Contract, not to permit the Sale Off Market of any of the Specified BEE Securities or any rights or interests therein, nor to instruct the Registered Shareholder, the CSDP, the JSE Member, the IH or the IHRS, as the case may be, to effect transfer or permit the transfer of those BEE Securities on Your behalf, to any person who/which is not a BEE Compliant Person and who/which has not signed a BEE Contract.

  • What is the BEE certificate and where do you obtain this certificate?A BEE certificate is an original or copy of a BEE certificate issued by a verification agency accredited by the accreditation bodycontemplated in the BEE Codes, certifying that the juristic person or an entity identified in the BEE certificate is a BEE Compliant Person.

  • Likewise it will be necessary for any BEE Compliant Person who wishes to acquire Sasol Inzalo Ordinary Shares on the BEE Segment to appoint a Broker to do this for him/her/it.

Related to BEE Compliant Person

  • relevant person means, in relation to premises in respect of which there is in force a premises licence -

  • Screened Affiliate means any Affiliate of a Holder (i) that makes investment decisions independently from such Holder and any other Affiliate of such Holder that is not a Screened Affiliate, (ii) that has in place customary information screens between it and such Holder and any other Affiliate of such Holder that is not a Screened Affiliate and such screens prohibit the sharing of information with respect to the Company or its Subsidiaries, (iii) whose investment policies are not directed by such Holder or any other Affiliate of such Holder that is acting in concert with such Holder in connection with its investment in the Notes, and (iv) whose investment decisions are not influenced by the investment decisions of such Holder or any other Affiliate of such Holder that is acting in concert with such Holders in connection with its investment in the Notes.

  • Sanctioned Person means, at any time, (a) any Person listed in any Sanctions-related list of designated Persons maintained by OFAC, the U.S. Department of State, the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authority, (b) any Person operating, organized or resident in a Sanctioned Country or (c) any Person owned or controlled by any such Person or Persons described in clauses (a) and (b).

  • Covered Entity means any of the following:

  • Sanctioned Entity means (a) a country or a government of a country, (b) an agency of the government of a country, (c) an organization directly or indirectly controlled by a country or its government, (d) a Person resident in or determined to be resident in a country, in each case, that is subject to a country sanctions program administered and enforced by OFAC.