PPP Agreement definition

PPP Agreement this agreement between SANParks and the Private Party including the Schedules hereto as amended, extended, replaced and varied from time to time;
PPP Agreement means a written contract recording the terms of a PPP concluded between an institution and a private party;
PPP Agreement means a written contract defining terms of the public private partnership agreement concluded between a contracting authority and one or more private parties;

Examples of PPP Agreement in a sentence

  • The Private Party warrants that in entering into this PPP Agreement it has not committed any Corrupt Act.

  • This PPP Agreement may not be varied or voluntarily terminated, except by an agreement in writing signed by duly authorised representatives of the Parties.

  • The terms of any such sub-contract as aforementioned shall in all material respects reflect the relevant provisions of this PPP Agreement and be subject to the prior written notification and delivery of a copy of the relevant contract to SANParks, provided that the engagement of a third party shall not release the Private Party from any of its obligations hereunder.

  • The PPP Agreement becomes legally binding and enforceable from the Signature Date.

  • The submission of a Bid by a Bidder implies full knowledge and acceptance of, and submission to, all the terms and conditions set out in this RFP, the PPP Agreement and under the applicable laws of the Republic of South Africa.


More Definitions of PPP Agreement

PPP Agreement means the written public-private partnership agreement that will be executed for the purposes of implementation of the PPP Project by and between the Public Partner and the Winner of the Tender or the Commercial Entity of the Winner of the Tender.
PPP Agreement this public private partnership agreement between SANParks and the Private Party, including the Schedules and any annexures hereto as amended, extended, replaced and varied from time to time; 2.1.61 “PPP Fee” - the fee payable by the Private Party to SANParks in respect of the Project, as detailed in Clause 19; 2.1.62 “PPP Rights” - the right to design, operate, maintain, and manage the Business as more specifically set out in Clause 5; 2.1.63 “Private Party” - ------------Registration number, ----- - a profit private company registered in accordance with the company laws of South Africa; 2.1.64 “Private Party Default” - has the meaning ascribed to it in Clause 27; 2.1.65 “Private Party Parties” - the officers, directors, staff, employees, contractors, sub- contractors, agents, guests, visitors, invitees and patrons of the Private Party or, where the context requires, any one or more of them; 2.1.66 “Project” - shall have the meaning assigned to that term in clause 1.2 above; 2.1.67 “Project Assets” - all assets required to undertake the Project, including the Business Assets and the Capital Investment Assets, any books and records, any spare parts and tools, as well as the Intellectual Property pertaining to the Business, but excluding all cash and cash equivalents; 2.1.68 “Project Deliverables” - the timeous achievement of the Operation Commencement Date; successful implementation of the Project, including the achievement of the BEE Obligations; 2.1.69 “Project Insurance” - those insurances that the Private Party is required by Law and in terms of this PPP Agreement to purchase and maintain in terms of Clause 22, upon the minimum terms set out in Schedule 10; 2.1.70 “Project Term” - the period from the Signature Date to the Expiry Date or the Termination Date, whichever occurs first; 2.1.71 “Project Year” - each period of twelve (12) consecutive months, commencing on the Operation Commencement Date and thereafter commencing on every anniversary of the Operation Commencement Date; 2.1.72 “Protected Area” - Golden Gate Highlands National Park; 2.1.73 “Protected Areas Act” - the National Environmental Management: Xxxxxxxxx Xxxxx Xxx, 0000 (Act No. 57 of 2003,) (as amended) from time to time); 2.1.74 “Rand” or “R” - the South African Rand, the lawful currency of South Africa; 2.1.75 “Regulations” - regulations issued in terms of the Protected Areas Act; 2.1.76 “Regulatory Provisions” - (a) the Environmental guidelines (“Environmental Specifications”) for ope...
PPP Agreement means a written contract recording the terms of a PPP concluded between an institution and a private party; ”relevant treasury” means the National Treasury unless delegated in terms of section 10(1)(b) of the Act;
PPP Agreement means this public private partnership agreement between the Parties, being a public private partnership agreement as contemplated in Section 120 and the PPP Regulations of the MFMA;
PPP Agreement this Agreement between SANParks and the Private Party including the Annexures hereto as amended, extended, replaced and varied from time to time;
PPP Agreement means a contractual arrangement of any one of the types described in Schedule II, which is made between a Government Agency and a private party;
PPP Agreement means a contract between the public sector represented by a Government Agency and a private party for the provision of an infrastructure facility or service through a project and includes a contract described in Second Schedule;