Gecamines definition
Examples of Gecamines in a sentence
The reference assayers cannot act as representative agent of OMG or Gecamines at the weighing, sampling and moisture determination operations and/or carry out, for any or both parties, the analysis for the assay exchange.
DUTIES Any and all taxes, and duties in Zaire relating to this Agreement shall be paid by Gecamines.
As a result of such increase in share capital, the share capital of T.F.M. will amount to fifteen million fifty thousand US Dollars ($15,050,000), of which Gecamines be attributed a 17.5% nondilutable share.
Gecamines shall furnish to the Association by the end of 1989 for its comments a preliminary ten-year production and financial plan and, by July 1, 1990, an environmental action plan.
Gecamines shall take out and maintain with responsible insurers, or make other provisions satisfactory to the Association for, insurance against such risks and in such amounts as shall be consistent with appropriate practice.
Gecamines shall carry on its operations and conduct its affairs in accordance with sound administrative, financial, economic, commercial and management practices under the supervision of qualified and experienced management assisted by competent staff in adequate numbers.
Gecamines shall duly perform all its obligations under the Subsidiary Loan Agreement.
Except as the Association shall otherwise agree, Gecamines shall not take or concur in any action which would have the effect of amending, abrogating, assigning or waiving the Subsidiary Loan Agreement or any provision thereof.
Gecamines shall at all times operate and maintain its plant, machinery, equipment and other property and, from time to time, promptly as needed, make all necessary repairs and renewals thereof, all in accordance with sound engineering, mining, financial, economic and industrial practices.
Gecamines shall, by March 30, 1990, fully staff the Strategic Planning Unit agreed to be established pursuant to Section 4.04 of its Loan Agreement with the Bank dated September 18, 1986.