SGMC definition

SGMC means The State Gold Mining Corporation Limited;
SGMC means State Gold Mining Company Limited a Public Limited Liability Company registered under the laws of Ghana of P. O. Box 3634 Accra in the Greater Accra Region;
SGMC means The State Gold Mining Corporation Limited; "TRUST" means the independent non-profit-making body to be established by BGL for the benefit of the residents of the Bogoso -- Prestea area whose income shall be applied (following repayment of the indebtedness to be incurred in favour of BGL) to undertake work programs directed to infrastructure and alternative employment and whose affairs shall be administered by a board consisting of one BGL representative, one GMWU representative, one Government representative and three community representatives acceptable to BGL. SECTION 2 SCOPE AND UNDERSTANDINGS 2.1 In order to persuade BGL to enter into this Agreement, PGR has represented to BGL and GSR that, subject to: (a) being provided with funds to be used to repay advances made by its employees; (b) being provided with additional funds to be used to pay employee salary arrears for April and May 2001; (c) being provided with working capital; (d) restructuring its share ownership; and (e) rationalizing its management and work force, which PGR undertakes to use its best efforts to accomplish within five (5) months of the Closing Date. it expects to be able to increase its production and reduce its cash costs so as to become profitable on a gross profit basis within six months of the last in time of such actions occurring or being taken.

Examples of SGMC in a sentence

  • Construction activity is prohibited on Sundays and holidays per SGMC Section 150.003.

  • Such accounting must be provided without cost to the individual or to SGMC if it is the first accounting requested by an individual within any twelve (12) month period; however, a reasonable, cost-based fee may be charged for subsequent accountings if ASSOCIATE informs SGMC and SGMC informs the individual in advance of the fee, and the individual is afforded an opportunity to withdraw or modify the request.

  • SECTION FIVE PLACE OF WORK SGMC will deliver all information necessary for USE to perform the services required under this Agreement to USE through December 31, 1997.

  • Any damages or claims by SGMC shall be charged back to the Cost Accounts if and when paid.

  • Inventory adjustments shall be made by USE to the Cost Account for overages and shortages, but USE shall be held accountable to SGMC only for shortages due to lack of reasonable diligence.

  • To the extent permitted by law, ASSOCIATE shall be fully liable to SGMC for any acts, failures or omissions of Recipients in furnishing the services as if they were ASSOCIATE’s own acts, failures or omissions.

  • PSID shall provide SGMC copies of all communications and/or documents relating to the Trademark received from or to be filed in any trademark office in the Territory, within ten (10) days of receipt from the trademark office and at least thirty (30) days prior to filing with the trademark office.

  • SGMC shall determine whether a denial is appropriate or an exception applies.

  • SGMC shall determine the disposition of all Material, provided USE shall have the right to dispose of normal accumulations of junk and scrap material either by transfer to SGMC as provided in Section 4.2 or by sale.

  • This Agreement constitutes the complete agreement between ASSOCIATE and SGMC relating to the matters specified in this Agreement, and supersedes all prior representations or agreements, whether oral or written, with respect to such matters.