Nufcor definition
Examples of Nufcor in a sentence
Nufcor is not, nor has agreed to become, a member of any joint venture, consortium, partnership or other unincorporated association (other than a recognised trade association in relation to which Nufcor has no liability or obligation except for the payment of annual subscription or membership fees) which is material to the Nufcor Business.
AngloGold shall not be liable under this Agreement for failing to make adequate financial provisions for the remediation of any Environmental damage to the VR Mining Properties, the Village Property or arising from the conduct of the VR Mining Business, the Nufcor Business or the MWC Business.
All lease agreements to which Nufcor is a party as at the Signature Date form part of the Data Room Documents.
Nufcor does not have any material liabilities of any kind (including, for the avoidance of doubt, off statement of financial position liabilities) that would have been required to be reflected in, reserved against or otherwise described in the Nufcor Accounts in accordance with IFRS and were not so reflected, reserved against or described.
As at the Signature Date, Nufcor is not a party to any claims, actions, demands, written proceedings, litigation, summons or subpoena (other than as claimant in the collection of debts arising in the Ordinary Course) which will, or could reasonably, have a material adverse effect on Nufcor.
As at the Signature Date, all insurance policies in respect of Nufcor have been uploaded to the Data Room.
All returns that may have become due by Nufcor from time to time under any Law administered by the Commissioner for the South African Revenue Service have been duly made.
As at the Signature Date and so far as AngloGold is aware, no such Claim that would fall within paragraph 13.1 above is pending or threatened in writing by or against Nufcor.
Other than in the Ordinary Course, including for financial provision for the rehabilitation of the Environment, there is no outstanding guarantee, indemnity, suretyship or security given by Nufcor and Nufcor is not party to any loans (other than Nufcor Sale Claims), overdraft, indebtedness or other financial facilities.
It is hereby recorded and agreed that the Transferring Employees are dedicated to, primarily employed by or significantly connected to the VR Mining Business and/or the Nufcor Business.