Local Transactions definition

Local Transactions means purchases made by customers resident / registered in the RSA; “parties” means the Seller and the Purchaser (and, if applicable, any surety hereto) and “party” means one of them; “RSA” means the Republic of South Africa; “sale” means any sale transaction effected pursuant to this agreement; “statement” means a statement of account corresponding to an invoice(s) delivered in terms of this agreement; “VAT” means Value- Added Tax, as levied in terms of the Value Added Tax Act 89 of 1991, as amended; “Purchaser” means the entity identified as such in any invoice and in the application; “Seller” means Stainless Crazy CC (1999/046401/23) from which the Purchaser may order goods from time to time; “shipping document” means the invoice, bill of lading or other document applicable to any shipment of goods.
Local Transactions means purchases made by customers resident / registered in the RSA; “parties” means the Seller and the Purchaser (and, if applicable, any surety hereto) and “party” means one of them; “RSA” means the Republic of South Africa; “sale” means any sale transaction effected pursuant to this agreement; “statement” means a statement of account corresponding to an invoice(s) delivered in terms of this agreement; “VAT” means Value Added Tax, as levied in terms of the Value Added Tax Act 89 of 1991, as amended; “Purchaser” means the entity identified as such in any invoice and in the application; “Seller” means any of the companies comprising the Afmetco Group referred to below 1 from which the Purchaser may order goods from time to time, the provisions of this document shall apply to any order placed with an associate or subsidiary company (as defined in the Companies Act 61 of 1973, as amended) of any of the companies comprising the Afmetco Group; “shipping document” means the invoice, bill of lading or other document applicable to any shipment of goods. 1The following companies comprise the Afmetco Group: Afmetco (Pty) Ltd (Reg. No. 2004/032337/07); Alsysco Gauteng, ADO Alsysco SA (Pty) Ltd (Reg. No. 2006/012421/07); Alsysco KZN, ADO Alsysco SA (Pty) Ltd (Reg. No. 2006/012421/07); Alsysco Western Cape, ADO Alsysco SA (Pty) Ltd (Reg. No. 2006/012421/07); Alternative Metallurgical Solutions (Pty) Ltd (Reg. No. 2006/004348/07); Diversified Steel Holdings Ltd t/a Euro Steel Zambia (Reg. No. 75727); EP Manufacturing (Pty) Ltd t/a East Cape Manufacturing (Reg. No. 2008/013138/07); Euro Mild Steel Trading, ADO Euro Steel Services (Pty) Ltd (Reg. No. 2004/019250/07); Euro Special Steels (Pty) Ltd (Reg. No 2006/030397/07); Euro Steel (Pty) Ltd (Reg. No. 2001/000663/07); Euro Steel Cape, ADO Euro Steel SA (Pty) Ltd (Reg. No. 2003/008016/07); Euro Steel East London, ADO Euro Steel SA (Pty) Ltd (Reg. No. 2003/008016/07); Euro Steel Natal, ADO Euro Steel SA (Pty) Ltd (Reg. No. 2003/008016/07); Euro Steel Pipe (Pty) Ltd (Reg. No. 1999/028473/07); Euro Steel Pipe (KZN), ADO Euro Steel Pipe (Pty) Ltd (Reg. No. 1999/028473/07); Euro Steel Port Xxxxxxxxx, ADO Euro Steel SA (Pty) Ltd (Reg. No. 2003/008016/07); Euro Steel Services (Pty) Ltd (Reg. No. 2004/019250/07); Euro Steel Trading, ADO Euro Steel Services (Pty) Ltd (Reg. No. 2004/019250/07); Plascut 86 (Pty) Ltd t/a Plasma Cut (Reg. No. 2001/011294/07); Specstrap (Pty) Ltd (Reg. No. 2017/367964/07); Specstrip (Pty) Ltd (Reg. No....
Local Transactions shall have the meaning assigned to such term in the recitals to this Agreement.

More Definitions of Local Transactions

Local Transactions means Transactions carried out in Sri Lanka.

Related to Local Transactions

  • Retail transaction means the purchase of prepaid wireless telecommunications service from a seller for any purpose other than resale.

  • capital transactions means any of the following: the sale of all or any part of the assets of the Company; the refinancing of mortgages or other liabilities of the Company; the receipt of insurance proceeds; and any other receipts or proceeds are attributable to capital. (Check One) ☐ - SINGLE-MEMBER: A “Capital Account” for the Member shall be maintained by the Company. The Member's Capital Account shall reflect the Member’s capital contributions and increases for any net income or gain of the Company. The Member’s Capital Account shall also reflect decreases for distributions made to the Member and the Member’s share of any losses and deductions of the Company.

  • Principal Transaction means any transaction between the Sponsor, the Manager or any of their respective Affiliates, on the one hand, and the Company or one of its Subsidiaries, on the other hand.

  • Material Transaction means any material transaction in which the Company or any of its subsidiaries proposes to engage or is engaged, including a material purchase or sale of assets or securities, financing, merger, consolidation, tender offer or any other material transaction that would require disclosure pursuant to the Exchange Act, and with respect to which the board of directors of the Company reasonably has determined in good faith that compliance with this Agreement may reasonably be expected to either materially interfere with the Company’s or such subsidiary’s ability to consummate such transaction in a timely fashion or require the Company to disclose material, non-public information prior to such time as it would otherwise be required to be disclosed.

  • Financial Transaction means purchase, redemption, exchange or any other transaction involving the movement of Shares initiated by an End-User.

  • Interim Capital Transactions means the following transactions if they occur prior to the Liquidation Date: (a) borrowings, refinancings or refundings of indebtedness and sales of debt securities (other than Working Capital Borrowings and other than for items purchased on open account in the ordinary course of business) by any Group Member; (b) sales of equity interests by any Group Member (including the Common Units sold to the Underwriters pursuant to the exercise of their over-allotment option); and (c) sales or other voluntary or involuntary dispositions of any assets of any Group Member other than (i) sales or other dispositions of inventory, accounts receivable and other assets in the ordinary course of business, and (ii) sales or other dispositions of assets as part of normal retirements or replacements.

  • Restructuring Transactions means the transactions described in Article IV.B of the Plan.

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • Financing Transactions means the execution, delivery and performance by each Loan Party of the Loan Documents to which it is to be a party, the borrowing of Loans, the use of the proceeds thereof and the issuance of Letters of Credit hereunder.

  • Formation Transactions means the transactions contemplated by this Agreement and the other Formation Transaction Documentation.

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.

  • Related Transactions means the initial borrowing under the Revolving Loan on the Closing Date, the Refinancing, the payment of all fees, costs and expenses associated with all of the foregoing and the execution and delivery of all of the Related Transactions Documents.

  • M&A Transaction means (i) the consolidation of the Company with, or a merger with or into, any third party, following which the Company’s stockholders immediately prior to such transaction, will own less than 50.1% of the surviving entity or the Company, as applicable, immediately following such transaction, or (ii) an acquisition or other transfer of all or substantially all of the Company’s securities or assets.

  • occasional transaction means a transaction that is not carried out as part of a business relationship as defined in Article 3(13) of Directive (EU) 2015/849.

  • Closing Transactions has the meaning set forth in Section 11.8(a)(i) of these Bylaws.

  • Restructuring Transaction means a tax free distribution under section 355 of the internal revenue code and includes tax free transactions under section 355 of the internal revenue code that are commonly referred to as spin offs, split ups, split offs, or type D reorganizations.

  • Factoring Transaction means any transaction or series of transactions that may be entered into by the Borrower or any Subsidiary pursuant to which the Borrower or such Subsidiary may sell, convey, assign or otherwise transfer (or purport to sell, convey, assign or otherwise transfer) Securitization Assets (which may include a grant of security interest in such Securitization Assets so sold, conveyed, assigned or otherwise transferred or purported to be so sold, conveyed, assigned or otherwise transferred) to any Person.

  • Acquisition Transactions means the transactions contemplated by the Acquisition Agreement.

  • Merger Transactions means the Merger and the other transactions relating thereto or contemplated by the Merger Agreement.

  • Personal Transaction payment involves sending money (initiated from the “Friends and Family” tab of the “Send Money” flow) to, and receiving money into your PayPal Account from, friends and family without making an underlying commercial transaction (that is, the payment is not for the purchase of goods or services or for making any other commercial transaction). If you are making a commercial transaction (for instance selling goods or services), you may not ask the buyer to send you a Personal Transaction payment for the purchase. If you do so, PayPal may remove your ability to accept any or all payments for Personal Transactions. Please also note that:

  • Capital Transaction means any transaction not in the ordinary course of business which results in the Company’s receipt of cash or other consideration other than Capital Contributions, including, without limitation, proceeds of sales or exchanges or other dispositions of property not in the ordinary course of business, financings, refinancings, condemnations, recoveries of damage awards, and insurance proceeds.

  • Excluded Transactions means:

  • Card Transactions means any payment made for goods or services, cash withdrawals from a bank or financial institution (including ATM withdrawals) or transfer of funds made through the use of the Card or the Card number.

  • Financing Transaction means a transaction in which a licensed provider obtains financing from a financing entity including any secured or unsecured financing, any securitization transaction, or any securities offering which is either registered or exempt from registration under federal and state securities law.

  • Restructuring Transactions Memorandum means a document, to be included in the Plan Supplement, that sets forth the material components of the Restructuring Transactions and a description of the steps to be carried out to effectuate the Restructuring Transactions in accordance with the Plan, including the reorganization of the Debtors and issuance of the New Valaris Equity, through the Chapter 11 Cases, the Plan, or any Implementation Mechanism (including, in the United Kingdom, through the Administration).

  • Closing Date Transactions means, collectively (a) the funding of the Loans on the Closing Date and the execution and delivery of Loan Documents to be entered into on the Closing Date, (b) the Debt Proceeds Transfer, and (c) the payment of Closing Date Transaction Expenses.