New Cash Contract definition

New Cash Contract means the contract prescribed by the Company concluded by a Registered Holder (who is also the Beneficial Owner) who acquired or acquires Sasol BEE Ordinary Shares from 8 September 2010 until the Designated Date;
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New Cash Contract means the contract concluded by any person who acquired SOLBE1 Shares at any time during the period from 8 September 2010 to 7 February 2011, being the date on which the SOLBE1 Shares were first listed on the JSE, from which date as Sasol had elected that the BEE Contract Verification Process would apply, purchasers were required to conclude the BEE Contract;
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New Cash Contract means the contract prescribed by the Company concluded b y a Registered
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Examples of New Cash Contract in a sentence

  • The Cash Contract or New Cash Contract, as the case may be, to which an Election Shareholder is a party shall remain unaffected by the making of an election by the Election Shareholder to retain his Sasol BEE Ordinary Shares in certificated form.

  • NEW ISSUES OF SASOL BEE ORDINARY SHARES If Sasol BEE Ordinary Shares are issued after the SOLBE1 Redesignation Date, each Registered Holder of such Sasol BEE Ordinary Shares is bound by the terms set forth in Schedule 6 as regards such new issues of Sasol BEE Ordinary Shares to the exclusion of any Cash Contract, New Cash Contract or BEE Contract which may have been signed by that Registered Holder, irrespective of whether they deal with new issues of Sasol BEE Ordinary Shares or not.

  • NEW ISSUES OF SASOL BEE ORDINARY SHARESIf Sasol BEE Ordinary Shares are issued after the SOLBE1 Redesignation Date, each Registered Holder of such Sasol BEE Ordinary Shares is bound by the terms set forth in Schedule 6 as regards such new issues of Sasol BEE Ordinary Shares to the exclusion of any Cash Contract, New Cash Contract or BEE Contract which may have been signed by that Registered Holder, irrespective of whether they deal with new issues of Sasol BEE Ordinary Shares or not.

  • Copies of the Cash Contract, the Amended Cash Contract, the New Cash Contract, the Amended New Cash Contract and the BEE Contract will be made available for inspection at the meeting to which this notice relates.

  • The effects of these Ordinary resolution numbers 1, 2, 3 and 4 is that the Cash Contract, the Amended Cash Contract, the New Cash Contract and the Amended New Cash Contract will automatically terminate if and when Sasol decides to implement the BEE Verification Agent Process.

  • Allof the Existing SOLBE1 Contracts, bar the BEE Contract, permit of the amendment of such contracts in clause 13(see Annexure A), the effect of which is that if SOLBE1 Shareholders present at a separate class meeting and holding at least 65% of the SOLBE1 Shares present at that meeting vote in favour of any amendment, it is binding on all the SOLBE1 Shareholders who are parties to the Cash Contract, the Amended Cash Contract, the new Cash Contract and the Amended New Cash Contract.

  • Computershare shall not be obliged to carry out any instruction that does not comply with this Agreement, the Amended Cash Contract the Amended New Cash Contract, the Issuer-Participants Contract, the requirements of FICA, the Securities Legislation or Computershare’s standard operating procedures, as the case may be.

  • Let us further assume that average cost of raw diamond per unit is Rs 1 million, its processing cost per unit billed by PE in B jurisdiction is Rs 0.5 million, and its other costs in connection with coordination and sales and marketing billed from X jurisdiction work out to Rs 0.1 million per unit.

  • They will continue to be bound by the Amended Cash Contract and/or the Amended New Cash Contract as regards their Dematerialised Sasol BEE Ordinary Shares.

  • From 8 September 2010, when Sasol BEE Ordinary Shareholders became entitled to Sell their Sasol BEE Ordinary Shares to BEE Compliant Persons, until the establishment of the trading mechanism, the persons acquiring such shares were, and will be, obliged to sign the New Cash Contract.

Related to New Cash Contract

  • Designated Non-Cash Consideration means the fair market value of non-cash consideration received by the Borrower or any Restricted Subsidiary in connection with an Asset Sale that is designated as Designated Non-Cash Consideration pursuant to a certificate of a Responsible Officer of the Borrower setting forth the basis of such valuation, less the amount of cash or Cash Equivalents received in connection with a subsequent sale of such Designated Non-Cash Consideration.

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Issuer or any Guarantor described in the definition of “Contribution Indebtedness.”

  • New Contracts means binding new agreements or amendments to existing agreements with customers.