MTN Holdings definition

MTN Holdings means Mobile Telephone Networks Proprietary Limited, registration number 1993/001411/06, a public company incorporated in accordance with the laws of South Africa;
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MTN Holdings means Mobile Telephone Networks Holdings Limited (Registration No. 1993/001411/07/06), a limited liability company duly registered and incorporated in accordance with the laws of South Africa;
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Examples of MTN Holdings in a sentence

  • During 2012 MTN Holdings Proprietary Limited, a wholly owned subsidiary of the Group, acquired 15 573 340 shares in the ordinary share capital of the Company for an amount of R2,1 billion with the cumulative amount of R3 billion spent in respect of the share buy-back at the reporting date (inclusive of transaction costs).

  • Following the implementation of the MTN Zakhele Unwinding Scheme (both in the event of the implementation of MTN Zakhele Integrated Unwind or the MTN Zakhele Standalone Unwind, as the case may be), MTN Zakhele will become a wholly-owned subsidiary of MTN Holdings and MTN Holdings will undertake and manage the orderly unwinding and deregistration of MTN Zakhele in due course.

  • COUNTY OF SALT LAKE ) On this ____ day of August, 2001, personally appeared before me ____, whose identity is personally known to me and who by me duly sworn, did say that he is the President of MTN Holdings, Inc.

  • You and each of the Market Participants agree that this Contract cannot be amended without the prior written consent of MTNZF, MTN Holdings and MTN.

  • However MTN Group finance could not identify who authorised the allocation of this payment to Nhleko’The effect of this entry was an increase in the amount owing to MTN Holdings by MANCO and a Professional Fees expense being recognised in the income statement of MANCO.

  • On the basis of this review, and in light of the current financial position of the Company and financial assistance from MTN Holdings, the directors are satisfied that the Company has sufficient funds for the foreseeable future to continue as a going concern.

  • Each of MTNZF, MTN and MTN Holdings accordingly wish to enter into this Deed of Adherence for the purposes of being bound as if it were an original signatory to each Contract in relation to each MTNZF Shareholder.

  • If the cash generated by the sale exceeds the liability, then the additional cash raised will remain with MTN Zakhele to meet any other liabilities that may arise and, if not used, will be available as a dividend to MTN Holdings in due course.

  • The payment is reflected on the bank statement of MTN Holdings on 5 April 200717.

  • This included the payment to Aristo Oil.MANCO’s outstanding balance was reduced to zero when MANCO settled its intercompany loan account with MTN Holdings on 30 November 200722.

Related to MTN Holdings

  • Holdings as defined in the preamble hereto.

  • Direct holdings means all publicly traded securities of a company that are held directly by the state treasurer or a retirement system in an actively managed account or fund in which the retirement system owns all shares or interests.

  • Intermediate Holding Company means any Subsidiary of Holdings (of which Holdings, directly or indirectly, owns 100% of the issued and outstanding Equity Interests) that, directly or indirectly, owns 100% of the issued and outstanding Equity Interests of the Lead Borrower.

  • Holdco has the meaning set forth in the Preamble.

  • Indirect holdings means all securities of a company that are held in an account or fund, including a mutual fund, that is managed by one or more persons who are not employed by the state treasurer or a retirement system, if the state treasurer or retirement system owns shares or interests either:

  • Acquisition Subsidiary has the meaning specified in Section 7.14.

  • Intermediate Holdco as defined in the preamble to this Agreement.

  • Foreign Holding Company means any Subsidiary all or substantially all of the assets of which are comprised of Equity Interests in one or more Foreign Subsidiaries or CFC Debt.

  • CFC Holding Company means each Domestic Subsidiary that is treated as a partnership or a disregarded entity for United States federal income tax purposes and that has no material assets other than assets that consist (directly or indirectly through disregarded entities or partnerships) of Equity Interests or indebtedness (as determined for United States tax purposes) in one or more CFCs.

  • New Holdings shall have the meaning provided in the definition of the term “Holdings”.

  • OpCo has the meaning set forth in the Preamble.

  • Intermediate Holdings shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Ultimate Parent means a Company, which owns not less than fifty-one percent (51%) equity either directly or indirectly in the Parent and Affiliates.

  • SAP Parent means SAP SE, a European Company (Societas Europaea, SE) established under the laws of Germany and the European Union, registered with the commercial register of the local court of Mannheim, Germany, under HRB 719915, with registered office in Walldorf, Germany, and business address at Dietmar-Hopp-Allee 16, 69190 Walldorf, Germany.

  • Intermediate Parent means any Subsidiary of Holdings and of which the Borrower is a subsidiary.

  • CFC Holdco means any Domestic Subsidiary that has no material assets other than Equity Interests of one or more Foreign Subsidiaries that are CFCs.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Foreign Subsidiary Holding Company means any Subsidiary the primary assets of which consist of Capital Stock in (i) one or more Foreign Subsidiaries or (ii) one or more Foreign Subsidiary Holding Companies.

  • New Holding Company means a corporation that is not a bank, association, or national banking association and as to which all of the following apply:

  • lone parent means a person who has no partner and who is responsible for and a member of the same household as a child or young person;

  • MLP has the meaning given such term in the introduction to this Agreement.

  • Topco has the meaning set out in the Preamble;

  • Bank Holding Company means a company registered as such with the Federal Reserve pursuant to 12 U.S.C. §1842 and the regulations of the Federal Reserve promulgated thereunder.

  • Domestic Foreign Holding Company means any Domestic Subsidiary of the Borrower that owns no material assets (held directly or indirectly through one or more disregarded entities) other than capital stock (or capital stock and/or debt) of one or more Foreign Subsidiaries that are CFCs and/or Domestic Foreign Holding Companies.

  • Natural parent means a minor's biological or adoptive parent, and includes the minor's noncustodial parent.

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;