ELSBURG JV definition

ELSBURG JV means the joint venture established between the following entities, whose proportionate interests in such joint venture were as at the EFFECTIVE DATE, are as at the SIGNATURE DATE and will be as at the CLOSING DATE as follows:-
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ELSBURG JV means Elsburg Gold Mining Joint Venture, the participants whereunder and their proportionate joint venture interests were as at the EFFECTIVE DATE, are as at the SIGNATURE DATE and will be as at the CLOSING DATE, as follows:-
Sample 1
ELSBURG JV means an unincorporated joint venture between DRDGold and ERPM established in terms of the Heads of Agreement between them dated 8 December 2008;
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Examples of ELSBURG JV in a sentence

  • Upon the admission of any PERSON as a VENTURER, such PERSON shall contribute money or other rights, interests or assets to the ELSBURG JV, as agreed by all of the VENTURERS including the newly admitted VENTURER, and the PERCENTAGE INTERESTS of the VENTURERS shall be adjusted as agreed by all of the VENTURERS, including the newly admitted VENTURER.

  • The fair value of such consideration in monetary terms, as so determined, shall be included in the purchase price payable by the ELSBURG JV and/or the remaining VENTURER hereunder, but the ELSBURG JV and/or the remaining VENTURER need not transfer to the selling VENTURER the actual rights, interests or property offered in the BONA FIDE OFFER, in order to exercise the rights of first refusal granted pursuant to this clause 22.2.

  • No VENTURER (nor any AFFILIATE of any VENTURER) shall receive any compensation for any services provided to the ELSBURG JV other than such VENTURER’s interest in the DISTRIBUTABLE CASH.

  • The ELSBURG JV and ERGO MINING shall jointly and severally be obliged to maintain the ERPM ASSETS in good working order and condition and uon the termination of the MINING USER CONTRACT for whatever reason, to return the same to ERPM, fair wear and tear excepted and save where ownership has passed to third parties, including the ELSBURG JV or ERGO MINING, as the case may be.

  • In the event a VENTURER shall decide to DISPOSE of all or any part of its PERCENTAGE INTEREST (“Offered Percentage Interest”) pursuant to a BONA FIDE OFFER, such VENTURER shall give written notice, setting forth in full the terms of such BONA FIDE OFFER and the identity of the offeror(s), to the ELSBURG JV and the other VENTURER.

  • The VENTURERS may not satisfy any LIABILITY except out of the assets of the ELSBURG JV and no VENTURER shall be personally liable with respect to any such LIABILITY.

  • The VENTURERS shall execute all such instruments for facilitating the collection of the ELSBURG JV receivables and the liquidation of the ELSBURG JV assets and for the mutual indemnity and release of the VENTURERS as may be requisite or proper.

  • If, as a result of a TRIGGER EVENT, all or any part of the interest of the AFFECTED VENTURER in the ELSBURG JV has been transferred to a transferee, such transferee shall take and hold such interest subject to the AGREEMENT and to all of the obligations and restrictions upon the VENTURER from whom such interest was acquired and shall observe and comply with the AGREEMENT and with all such obligations and restrictions.

  • The ELSBURG JV, at the determination of the VENTURERS, may purchase and maintain insurance on behalf of the INDEMNIFIED PERSONS against any liability that may be asserted against or incurred by such INDEMNIFIED PERSONS which is subject to indemnification hereunder.

  • The principal place of BUSINESS of the ELSBURG JV shall be the PROPERTY or at such other place or places as the VENTURERS may from time to time select.


More Definitions of ELSBURG JV

ELSBURG JV means the Elsburg Gold Mining Joint Venture, the participants whereunder and their proportionate joint venture interests as at:-
Sample 1

Related to ELSBURG JV

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) replaced by The Companies Act, 2013 (No. 18 of 2013) and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund;

  • MINORITY BUSINESS ENTERPRISE (MBE means an individual, partnership, corporation or joint venture of any kind that is owned and controlled by U. S. Citizens and residents of Ohio, who are and have held themselves out as members of the following socially and economically disadvantaged groups: Blacks, American Indians, Hispanics and Asians. Only businesses certified by the State of Ohio Equal Opportunity Division in accordance with Section 123.151 of the Ohio Revised Code shall be recognized as being MBE certified within the purpose of this invitation.

  • GP means Gottbetter & Partners, LLP.

  • Management Group means at any time, the Chairman of the board of directors, the Chief Executive Officer, the President, any Managing Director, Executive Vice President, Senior Vice President or Vice President, any Treasurer and any Secretary of Holdings or other executive officer of Holdings or any Subsidiary of Holdings at such time.

  • Embalmer means any person engaged in the practice of embalming.

  • TRS means a taxable REIT subsidiary (as defined in Section 856(l) of the Code) of the General Partner.

  • OpCo has the meaning set forth in the Preamble.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • Sub-Manager Any Person with which the Property Manager or the Special Servicer has entered into a Sub-Management Agreement.

  • Production company means a person or entity engaged in the business of making motion picture, television, or radio images for theatrical, commercial, advertising, or education purposes; Reserved

  • Asset management means a systematic process of operating and maintaining the state system of

  • Carlyle means Carlyle Investment Management, LLC.

  • Co-op A private, cooperative housing corporation, having only one class of stock outstanding, which owns or leases land and all or part of a building or buildings, including apartments, spaces used for commercial purposes and common areas therein and whose board of directors authorizes the sale of stock and the issuance of a Co-op Lease.

  • General partnership means an organization formed under chapters 45-13 through 45-21.

  • Hospitality means the considerate care of guests, which may include refreshments, accommodation and entertainment at a restaurant, hotel, club, resort, convention, concert, sporting event or other venue such as Company offices, with or without the personal presence of the host. Provision of travel may also be included, as may other services such as provision of guides, attendants and escorts; use of facilities such as a spa, golf course or ski resort with equipment included;

  • minority business enterprise means any small contractor or supplier of materials fifty-one percent or more of the capital stock, if any, or assets of which is owned by a person or persons: (1) who are active in the daily affairs of the enterprise, (2) who have the power to direct the management and policies of the enterprise, and (3) who are members of a minority, as such term is defined in subsection (a) of Connecticut General Statutes § 32-9n; and

  • Dte. GHS means Directorate General and Health Services, MOH&FW.

  • Tencent means Tencent Mobility Limited.

  • Sub-Advisor shall include the Sub-Advisor and/or any of its affiliates and the directors, officers and employees of the Sub-Advisor and/or any of its affiliates.

  • CLO Asset Manager means, with respect to any Securitization Vehicle that is a CLO, the entity that is responsible for managing or administering the underlying assets of such Securitization Vehicle or, if applicable, the assets of any Intervening Trust Vehicle (including, without limitation, the right to exercise any consent and control rights available to the Directing Holder).

  • Asset Management Agreement means, as the context requires, any agreement entered into between a Series and an Asset Manager pursuant to which such Asset Manager is appointed as manager of the relevant Series Assets, as amended from time to time.

  • Operating Partnership has the meaning set forth in the preamble.

  • Asset Management Company means an asset Management Company as defined in the Rules and Regulations.

  • Urban Enterprise Zones means a zone designated by the New Jersey Enterprise Zone Authority pursuant to the New Jersey Urban Enterprise Zones Act, N.J.S.A. 52:27H-60 et. seq.

  • Boathouse (NR 115.03(1h)) means a permanent structure used for the storage of watercraft and associated materials and includes all structures which are totally enclosed, have roofs or walls or any combination of these structural parts.