Maseve definition

Maseve means Maseve Investments 11 Proprietary Limited, a company incorporated under the laws of the Republic of South Africa;
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Maseve means Maseve Investments 11 Proprietary Limited, a company incorporated under the laws of the Republic of South Africa; “ Material Adverse Effect ” means, individually or in the aggregate, a material adverse effect on:
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Maseve means Maseve Investments 11 Proprietary Limited;
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Examples of Maseve in a sentence

  • The Company’s project operating subsidiary Maseve has entered into a long term electricity supply agreement with South African power utility Eskom.

  • In consideration for the Company increasing its holdings to 74%, the Company paid subscription funds into Maseve, creating an escrow fund for application towards Africa Wide’s 26% share of capital requirements.

  • The Company also received a 37% interest in exchange for its share of Projects 1 and 3, bringing its holdings in Maseve to 54.75%.

  • Under the terms of a consolidation transaction completed on April 22, 2010, the Company acquired a 74% interest in Projects 1 and 3 of the former Western Bushveld Joint Venture through its holdings in Maseve, while the remaining 26% was acquired by Africa Wide.

  • All amounts due to PTM RSA are planned to be repaid by Maseve before any distribution of dividends to shareholders.

  • RBPlat and Maseve likewise filed pleas of their defences on the same date.

  • RBPlats consulted with senior counsel, both during the negotiation of the Maseve Sale Transaction and in regard to the current Africa Wide legal proceedings.

  • Contributions to the scheme can be in the form of cash contributions or via infrastructural builds jointly managed by Maseve and Magalies.

  • The Company’s ability to continue operations in the normal course of business in the foreseeable future is dependent upon, among other things, the Company establishing positive cash flow from production at the Maseve Mine.

  • The Maseve Mine is owned through the operating company Maseve Investments 11 (Pty.) Ltd.

Related to Maseve

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