GOSI definition

GOSI means the General Organization for Social Insurance of the Kingdom of Saudi Arabia;

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

GOSI means the General Organization for Social Insurance in the Kingdom;

GOSI is defined in the Preamble.

Examples of GOSI in a sentence

The final amount, which is not less than five percent of the contract value or the value of services actually executed, shall be paid after the Consultant has discharged all its obligations and presented a certificate from the Department of Zakat and Income Tax (DZIT) evidencing its payment of the zakat and income tax dues and a certificate from the General Organization for Social Insurance (GOSI) evidencing payment of dues according to the law.
Insurance from GOSI (In case of on-duty casualties): Provided Transportation : Transportation: provided by the company from residence to work place & from work place to residence.
The Employer shall pay directly to the General Organization for Social Insurance ("GOSI") an amount equal to the contribution which is required to be made by an employer in accordance with the rules and regulations of GOSI.
Worker's Compensation Insurance that covers work related injuries or death to be covered as required by law under Government Organization for Social Insurance (GOSI) for which the Contractor and/or Subcontractor(s) are responsible.
The final amount which is not less than five percent of the contract value or the value of services actually executed, shall be paid after the Consultant has discharged all its obligations and presented a certificate from the Department of Zakat and Income Tax (DZIT) evidencing its payment of the zakat and income tax dues and a certificate from the General Organization for Social Insurance (GOSI) evidencing payment of dues according to the law.
APICORP also contributes to the compulsory General Organisation for Social Insurance (GOSI) scheme, which covers, amongst other benefits, retirement pensions for Saudi nationals.
The final amount which is not less than five percent of the Contract value or the value of services actually executed, shall be paid after the Consultant has discharged all its obligations and presented a certificate from the Department of Zakat and Income Tax (DZIT) evidencing its payment of the zakat and income tax dues and a certificate from the General Organization for Social Insurance (GOSI) evidencing payment of dues according to the law.
Payment for medical attention, medical expenses, entry visas, work permits, G.O.S.I. charges and any other payments required by any Saudi Arabian Government Agency shall be the responsibility of the Supplier.
The Employer will withhold contributions due by the Employee from the Employee's salary only to the extent that the Employer is required or permitted to do so pursuant to the rules and regulations of GOSI.
Disbursement Date: August 9, 2016 Gross Proceeds to be Received $ 5,000,000.00 Sysorex Global $ 3,463,795.05 $ 1,436,205.95 Bridge Bank $ $ Hillair Capital Management LLC (expense reimbursement per Section 5.2 of SPA) $ 100,000.00 WIRE INSTRUCTIONS: Acknowledged and agreed to this 9th day of August 2016 By: /s/ ▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇▇ ▇▇▇ Title: Chief Executive Officer Sysorex Arabia LLC is not in good standing with the Saudi Arabia Ministry of Commerce due to a dispute on unpaid payroll taxes with GOSI.

More Definitions of GOSI

GOSI means the General Organization for Social Insurance in the Kingdom; "General Manager" means the general manager of the Company from time to time; "Government Official" means:

GOSI means the General Organization for Social Insurance in KSA. KSA means the Kingdom of Saudi Arabia. Liabilities means any and all costs (including the costs of investigating and defending any claims), expenses, claims, demands, losses, damages, orders, awards, fines, penalties, proceedings and judgments of whatsoever nature. Measure / Measurements means the quantification of Bulk Water Supply consumed in the bulk water activity which allows the direct calculation of water used by volume measurement as well as measuring flows. Metering Equipment means the water meters and related equipment and assets (including any sensors) installed by the Company at the Property under this Agreement used to monitor the quantification of Water Services consumed. Method Statement means, in connection with Bulk Water Supply, the method statement to be submitted by the Customer detailing how the Bulk Water Supply is to be utilised (including, at a minimum the health and safety considerations and all control measures to be implemented by the Customer). NEOM Applicable Law means any law, regulation, rule, executive order, decree, code of practice, circular, guidance, guidance note, standard, resolution or injunction of, or made by, the NEOM Authority, which is binding and enforceable on or against the Customer. NEOM Authority means the regulatory authority to be established pursuant to, and in accordance with, the NEOM Founding Laws. NEOM Authority Implementation Date means the date on which the NEOM Authority assumes full authority and responsibility for administering the NEOM Project Area, as determined by the council of ministers. NEOM Energy and Water Standards and Product Specifications means the NEOM energy and water standards and product specifications made available on the Company Website. NEOM Founding Laws means the set of KSA laws to be enacted which, amongst other things, establishes the NEOM Authority. NEOM Project Area means the overall site within the KSA at which the megacity project known as ‘NEOM’ is being developed. Off-Take Notification means the off-take notification submitted by the Customer to the Company for each requested off-take of Bulk Water Supply by the Customer to be submitted no later than two (2) working days in KSA prior to the commencement of any off-take of Bulk Water Supply by the Customer. Operations & Maintenance Department a department within the Company responsible for the reviewing, among other things, approving, rejecting, or request fo...

GOSI means the General Organization for Social Insurance of the Kingdom of Saudi Arabia; "Income Tax Law and Income Tax By-Laws" means the relevant laws of the Kingdom of Saudi Arabia governing income tax in the Kingdom of Saudi Arabia;