PPP Rights the right to design, operate, maintain, and manage a Restaurant Business at the Restaurant Facility pursuant to this PPP Agreement for the purposes of the Project;
PPP Rights the right to design, operate, maintain, and manage the Business as more specifically set out in Clause 5; 2.1.62 “Private Party” - , registration number , a profit private company registered in accordance with the company laws of South Africa; 2.1.63 “Private Party Default” - has the meaning ascribed to it in Clause 27; 2.1.64 “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; 2.1.65 “Project” - shall have the meaning assigned to that term in clause 1.2 above; 2.1.66 “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; 2.1.67 “Project Deliverables” - the timeous achievement of the Operation Commencement Date; successful implementation of the Project, including the achievement of the BEE Obligations; 2.1.68 “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; 2.1.69 “Project Term” - the period from the Signature Date to the Expiry Date or the Termination Date, whichever occurs first; 2.1.70 “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; 2.1.71 “Protected Area” - Kruger National Park; 2.1.72 “Protected Areas Act” - the National Environmental Management: Xxxxxxxxx Xxxxx Xxx, 0000 (Act No. 57 of 2003,) (as amended) from time to time); 2.1.73 “Rand” or “R” - the South African Rand, the lawful currency of South Africa; 2.1.74 “Regulations” - regulations issued in terms of the Protected Areas Act; 2.1.75 “Regulatory Provisions” - (a) the Environmental guidelines (“Environmental Specifications”) for operators operating within the Protected Area which is further described in Schedule 7, as same may be revised and updated by SANParks from time to time, and (b) collectively the Laws, and standards of the State and any Relevant Authority which in any way affects or applies to the conduct of the Project and/or this PPP Agreement from time to time or, if the context is...
PPP Rights all the rights conferred on the Private Party pursuant to this PPP Agreement, for the purposes of the Project;
Examples of PPP Rights in a sentence
This PPP Agreement, including the Schedules and Annexures attached thereto, represents the entire agreement between the Parties in relation to the subject matter thereof and supersedes any request for proposal or actual tender, and any or all previous agreements or arrangements, whether oral or written, between the Parties in respect of the Project, and the PPP Rights or the other contents of this PPP Agreement.
During the Operational Phase SANParks shall ensure that the Private Party is entitled to access to the Project Site as is necessary for the Private Party to perform its obligations under this PPP Agreement, and to enjoy the PPP Rights, from the date of delivery to the termination or expiry of this PPP Agreement.
More Definitions of PPP Rights
PPP Rights the right to design, operate, maintain, and manage the Business as more specifically set out in Clause 5;
PPP Rights the right to design, operate, maintain, and manage the Business as more specifically set out in Clause 5; 2.1.62 “Private Party” - , registration number , a private company registered in accordance with the company laws of South Africa; 2.1.63 “Private Party Default” - has the meaning ascribed to it in Clause 27; 2.1.64 “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; 2.1.65 “Project” - shall have the meaning assigned to that term in clause 1.2 above;
PPP Rights the right to operate, manage and maintain the Estate at the Project Site pursuant to this PPP Agreement for the purposes of the Project;
PPP Rights the right to design, operate, maintain, and manage the Xxxx Braai Product to this PPP Agreement;
PPP Rights the right to design, operate, maintain, and manage the Business as more specifically set out in Clause 5; 2.1.60 “Private Party” - , registration number, a profit private company registered in accordance with the company laws of South Africa; 2.1.61 “Private Party Default” - has the meaning ascribed to it in Clause 27; 2.1.62 “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; 2.1.63 “Project” - shall have the meaning assigned to that term in clause 1.2 above; 2.1.64 “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;
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” - XXXXXXXXXXRegistration number: XXXXXXX, 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;
PPP Rights the right to design, operate, maintain, and manage the Business as more specifically set out in Clause 5; 2.1.61 “Private Party Default” - has the meaning ascribed to it in Clause 27; 2.1.62 “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; 2.1.63 “Private Party” - the counterparty to SANParks hereunder, namely, ,Company Registration Number , a limited liability company registered according to the company laws of South Africa; 2.1.64 “Project” - shall have the meaning assigned to that term in clause 1.2 above; 2.1.65 “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; 2.1.66 “Project Deliverables” - the timeous achievement of the Operation Commencement Date; successful implementation of the Project, including the achievement of the BEE Obligations; 2.1.67 “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; 2.1.68 “Project Term” - the period from the Signature Date to the Expiry Date or the Termination Date, whichever occurs first, which is further described in Clause 3; 2.1.69 “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; 2.1.70 “Protected Area” - Namaqua National Park; 2.1.71 “Protected Areas Act” - the National Environmental Management: Xxxxxxxxx Xxxxx Xxx, 0000 (Act No. 57 of 2003,) (as amended) from time to time); 2.1.72 “Rand” or “R” - the South African Rand, the lawful currency of South Africa; 2.1.73 “Regulations” - regulations issued in terms of the Protected Areas Act;