Share Block definition

Share Block. – means Kruger Park Lodge Share Block Limited.
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Share Block means a share or shares which is/are indivisibly linked to a Time Unit relating to the use of a lodge, as more fully contemplated in clause 5.4;
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Share Block means a share block in Prince’s Grant Property ShareBlock Limited No. 91/03166/06 or its successor in title;
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Examples of Share Block in a sentence

  • Share Block Company Shares may be offered to the public for sale if, in lieu of compliance with any other requirements, such offer is accompanied by a statement that any proposed purchaser of any such Shares is required to enter into a contract referred to in Section 17 in respect of such Shares and that a copy of the contract required to be entered into is available for inspection free of charge at an address indicated in the statement.

  • In terms of the Share Block Control Act, 1980 (Act No. 59 of 1980), the company is the owner of all of the land and immovable property thereon.

  • In addition to the aforegoing any controlling body of any Share Block Scheme or Sectional Title Scheme, shall assign such powers and functions to the Association as may be require of it by the Association.

  • The PURCHASER acknowledges that he is fully aware of all the terms and conditions of the USE AGREEMENT as if set out herein; ”THE ACT” shall mean The Share Block Control Act No 59 of 1980, together with the Regulations and Schedules thereto as amended from time to time.

  • Any change to the any of the Governance documents must be communicated to the Service by submitting Form A1(Tick applicable document) Rules: Constitution: Regulations: Memorandum of Incorporation (Articles): Terms and condition of the Community Scheme: Any other governance document : SECTION 3 – EXECUTIVE COMMITTEE Names and details of the Trustees of a Sectional Title Body Corporate, the Board of Directors of a Share Block Company or management association of the Housing Scheme for Retired Persons.


More Definitions of Share Block

Share Block means the share block comprising the shares in the COMPANY and registered in the name of the HOLDER, the acquisition and ownership of which by the HOLDER entitles him to the use of the Apartment.
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Share Block means the Share Block or Blocks sold in terms of the CONTRACT entitling the Purchaser to the sole and exclusive right of use and occupation of the residential unit;
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Share Block. The share block identified on the Offer to Purchase document, consisting of 10 (ten) shares of R1.00 each in the share capital of the Company and to which the Use Rights are linked pursuant to the Use Agreement and the Articles of Association of the company.
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Share Block. The Share Block identified in the Member’s Pack Certificate consisting of ten shares of R1.00 each in the share capital of the Company and to which the use of the Units is linked pursuant to the Articles of Association of the company.
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Share Block has the meaning given thereto in Section 6.2(a).
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Share Block means the specific Share Block to which the Use of a Module is linked pursuant to this Accommodation Use Agreement;
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Share Block the Share Block as stipulated in Clause
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