BEE Verification definition

BEE Verification means the verification of a Person by the MTN Zakhele Futhi Verification Agent, which verification must conclude, inter alia, that:

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BEE Verification means the verification of a person by the BEE Verification Agent, which verification must conclude, among other things, that:

BEE Verification the verification of a person by the BEE Verification Agent, which verification must conclude, inter alia, that: 1.1.13.1 the person is an Eligible Person; and 1.1.13.2 such Eligible Person has been notified of the necessary restrictions, limitations and requirements applicable to such YeboYethu Ordinary Shares from time to time as set out in the YeboYethu MOI and the Transaction Agreements, and has agreed to be bound by the provisions thereof; and 1.1.13.3 such Eligible Person has accepted the Standard Trading Process Terms and Conditions and has signed all documents and contracts required in terms of the Trading Terms and Conditions;

Examples of BEE Verification in a sentence

• If, the BEE Verification Agent issues written notice to us that you are not an Eligible Shareholder or that the BEE Verification Agent is unable to verify that you are an Eligible Shareholder or that your BEE Verification status has been withdrawn or expired such that you are no longer a Verified Shareholder, you or your Authorised Representative will not be able to log onto the Transaction Platform Website or give instructions through the Transaction Platform Call Centre.

• The BEE Verification Agent shall thereupon notify You and each of the Market Participants in writing in accordance with the provisions of clause 20 of such withdrawal or expiry of your status as an Eligible Shareholder or Verified Shareholder (as applicable) ("BEE Verification Withdrawal Notice").

• You must then return or procure that the signed copy of Your MTNZF Shareholder Deed of Adherence and each such Market Participant Deed of Adherence is returned to the BEE Verification Agent.

• This suspension will endure until we receive written confirmation from the BEE Verification Agent that you are again a Verified Shareholder.

• We can only reinstate your access to the Transaction Platform once the BEE Verification Agent, MTN Zakhele or MTN notifies us that you are an Eligible Shareholder or a Verified Shareholder.

More Definitions of BEE Verification

BEE Verification means the verification of a person by the BEE Verification Agent for the MTNZF Independent Trading Process, which verification must conclude, amongst other things, that: 1.1.9.1 the person is an Eligible Shareholder; and 1.1.9.2 such Eligible Shareholder has accepted the MTNZF Independent Trading Process Verification Terms and Conditions and has provided all requisite supporting documents, concluded all contracts and implemented any additional steps required in terms of the MTNZF Independent Process Verification Terms and Conditions (including this Contract), and "BEE Verified" and "BEE Verification Process" shall be construed accordingly;

BEE Verification means the process of verification of you by the BEE Verification Agent, in terms of which verification it is confirmed that – 1.1.10.1 you are an Eligible Shareholder; 1.1.10.2 you have been notified of the necessary restrictions, limitations and requirements applicable to the MTN Zakhele Shares from time to time as set out in the BEE Scheme Documents, and have agreed to be bound by the provisions thereof; and 1.1.10.3 you have accepted the MTN Zakhele Facilitated Trading Process Verification Terms and Conditions and have signed all documents and contracts required in terms of the MTN Zakhele Facilitated Trading Process Verification Terms and Conditions;

BEE Verification means a confirmation in writing by an Issuer of BEE Securities or the relevant BEE Issuer Verification Agent that the registered holder or the beneficial owner, if the registered holder will act as a Nominee on behalf of the beneficial owner, have accepted the BEE Terms and Conditions and qualify as BEE Compliant Persons;

BEE Verification means the verification of a person by the BEE Verification Agent for the MTN Zakhele Independent Trading Process, which verification must conclude, amongst other things, that: 1.1.9.1 the person is an Eligible Shareholder; and 1.1.9.2 such Eligible Shareholder has accepted the MTN Zakhele Independent Trading Process Verification Terms and Conditions and has provided all requisite supporting documents, concluded all contracts and implemented any additional steps required in terms of the MTN Zakhele Independent Process Verification Terms and Conditions (including this MTN Zakhele BEE Contract), and "BEE Verified" and "BEE Verification Process" shall be construed accordingly;

BEE Verification means the process of verification of you by the BEE Verification Agent, in terms of which verification it is confirmed that –

BEE Verification the verification of a Person by the BIC2 Verification Agent, which verification must conclude, inter alia, that: 1.1.17.1 the Person is an Eligible BIC2 Shareholder; 1.1.17.2 such Eligible BIC2 Shareholder has been notified of the necessary restrictions, limitations and requirements applicable to the BIC2 Ordinary Shares from time to time as set out in the BIC2 Constitutional Documents and this Agreement (read with the BEE Market Notice, if any), and has agreed to be bound by the provisions of the BIC2 Constitutional Documents and this Agreement by executing a Deed of Adherence hereto (or otherwise is bound in a form and on terms to the reasonable satisfaction of MTN); and 1.1.17.3 such Eligible BIC2 Shareholder has accepted the Verification Terms and Conditions and has signed all documents and contracts required in terms of the Verification Terms and Conditions;

BEE Verification means the verification of a person by the BEE Verification Agent, which