PESA definition
Examples of PESA in a sentence
You acknowledge and accept that our acceptance of your application to register for the Service creates a separate and distinct contractual relationship between you and Safaricom outside the terms and conditions that apply to your M- PESA Account from time to time.
In any case, while there are outstanding balances on the Vendor’s Loan, the funds that PESA obtains from the transfers that leave it below the Minimum Participation shall be fully allocated to paying off the outstanding balances of the Vendor Loan as stipulated in the Vendor’s Loan agreement.
You acknowledge and accept that the acceptance by the Bank of your application for an M- Shwari Account does not create any contractual relationship between you and Safaricom beyond the terms and conditions that apply to your M- PESA Account from time to time.
On February 21, 2008, Grupo Repsol and PESA, a company fully held by the Eskenazi Family, entered into, among other agreements, a stock purchase and sale agreement, in virtue of which Repsol transferred to PESA 58,603,606 shares of YPF S.A. (hereinafter, “YPF”) under the form of American Depositary Shares (“ADS’s”), issued by The Bank of New York Mellon (hereinafter, “BONY”), representing 14.9% of the capital stock of YPF (hereinafter, the “Purchase and Sale Agreement”).
PESA undertakes, as necessary, to vote in favor of this modification of the audit Committee at the General Shareholders’ Meeting to be held on March 8, 2008.