ELB definition

ELB or “the Company” means ELB Group Limited (Registration number 1930/002553/06), a public company incorporated in accordance with the laws of South Africa on 26 August 1930, the Shares of which are listed on the Main Board of the JSE; “ELB Australia” means Metquip Proprietary Limited (company number ACN 009 118 790), a private company incorporated in accordance with the laws of Australia and registered on 11 January 1985 with its registered office at 35 David Road, Emu Plains, NSW 2750 (Sydney) and which company is a wholly- owned subsidiary of ELB Engineering and ultimate subsidiary of ELB; “ELB Board” or “ELB Directors” or “Directors” means the directors of ELB as at the Last Practicable Date, whose names are set out on page 2 of this Circular; “ELB Engineering” means ELB Engineering Proprietary Limited (Registration number 1971/011234/07), a private company incorporated in accordance with the laws of South Africa and a wholly-owned subsidiary of ELB; “ELB Shares” or “Shares” means the ordinary shares with a par value of R0.04 per share in the share capital of ELB, which will be converted to no par value shares as a result of the Par Value Conversion, subject to the passing of the applicable Resolutions; “ELB Shareholders” or “Shareholders” means the registered holders of ELB Shares recorded in the Register at the relevant time/s; “Employee Repurchase Instruction” means the written letters of instruction delivered to the Trust in terms of section 13 of the Employee Scheme rules in terms of which they instruct the Trust to dispose of their Employee Scheme Shares back to the Trust in settlement of the Employee Scheme Debt that they owe the Trust; “Employee Scheme” means the ELB employee incentive scheme administered by the Employee Trust, as approved by Shareholders in a circular dated 16 February 2011; “Employee Scheme Debt” means the total of a number of individual interest-free loans provided by the Company to the Employee Trust, who has thereafter lent same to the Employee Scheme Participants in terms of the rules of the Employee Scheme, and which are not yet settled by the Employee Scheme Participants, details of which are set out in Annexure 5; “Employee Scheme Participants” means the ELB employees who have received vested Shares pursuant to an exercise of options awarded to them under the Employee Scheme but which Shares are still pledged for settlement of the Employee Scheme Debt linked thereto, details of which are set out in Annexure 5; “Employee S...
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Examples of ELB in a sentence

  • The additional agreed upon administrative markup rate listed on ADM-4043 ELB shall fully reimburse the Contractor for additional administrative costs.

  • An additional agreed upon markup listed on ADM-4043 ELB will be added to the total cost of that work paid including the 21 percent (21%) markup provided.

  • ELB usage attributable to the illness or injury of a member of the employee’s immediate family may require a physician’s certification and/or verification of the illness of the family member.

  • If approval is not granted prior to the start of the proposed specialist work, the Contractor or Subcontractor shall itemize labor, material, and equipment rental costs as required by the 2018 Standard Specifications.” The Engineer determines the cost based on the specialist invoice price minus any available or offered discounts plus an agreed upon administrative costs markup listed on the ADM-4043 ELB.

  • To the extent that the employee makes use of PTO or ELB, as provided herein, the employee shall not suffer any loss of seniority or other fringe benefits as provided by County employment.

  • The markup rates in Section 9-1.04, “Force Account”, of the 2023 Standard Specifications that are added to the direct costs of labor, materials, and equipment rental are amended to the agreed upon amount listed on ADM-4043 ELB.

  • The markup rates in Section 9-1.04, “Force Account”, of the 2018 Standard Specifications that are added to the direct costs of labor, materials, and equipment rental are amended to the agreed upon amount listed on ADM-4043 ELB.

  • If approval is not granted prior to the start of the proposed Specialist work, Contractor or Subcontractor shall itemize labor, material, and equipment rental costs as required by the 2023 Standard Specifications.” Engineer determines the cost based on the Specialist invoice price minus any available or offered discounts plus a 10 percent (10%) additional administrative cost markup listed on the ADM-4043 ELB.

  • The ELB may be used for illness or disability for the employee or to care for immediate family members of greater than three workdays on the same basis as the prior sick leave.

  • Physician’s certification stating the nature and duration of an illness or injury and/or verification of the employee’s inability to perform the duties and responsibilities of his/her assignment may be required at the discretion of the supervisor before the use of unscheduled/emergency ELB is approved.

Related to ELB

  • Hookah means a water pipe and any associated products and devices which are used to produce fumes, smoke, and/or vapor from the burning of material including, but not limited to, tobacco, shisha, or other plant matter.

  • SOFRi means the SOFR for:

  • Panchayat means an institution (by whatever name called) of self-government constituted under article 243B, for the rural areas;

  • SORA means, in respect of any Singapore Business Day “i”, a reference rate equal to the daily Singapore Overnight Rate Average published by the Monetary Authority of Singapore (or a successor administrator), as the administrator of the benchmark, on the Monetary Authority of Singapore’s website currently at http://www.mas.gov.sg, or any successor website officially designated by the Monetary Authority of Singapore (or as published by its authorised distributors) (the “Relevant Screen Page”) on the Singapore Business Day immediately following such Singapore Business Day “i”; and

  • Falconry means the sport of taking quarry by means of a trained raptor.