Suretyship the deed of suretyship which shall be executed by each of the Shareholders in favour of SANParks as more specifically set out in Schedule 23; 2.1.93 “Termination Amount” - the amount payable by a Party on termination of this PPP Agreement in terms of this PPP Agreement; 2.1.94 “Termination Date” - any date of termination of this PPP Agreement, in accordance with its terms; 2.1.95 “Treasury Regulations” - the Treasury Regulations issued under the PFMA that apply to SANParks and/or this PPP Agreement; 2.1.96 “Transferrable Licenses Intellectual Property” - any Licensed Intellectual Property that the Private Party is entitled to transfer to SANParks; 2.1.97 “ Utilities” - facilities such as water, electricity, sewage, gas and telecommunications and, where appropriate, includes relevant provider thereof; 2.1.98 “Utility Charges” - charges or fees in respect of consumption of the Utilities used at the AENP Xxxx Braai Facility as provided by SANParks, the Relevant Authority or any other supplier; 2.1.99 “Variable PPP Fee” - that portion of the PPP Fee that is a percentage of the Gross Revenue of the Private Party, which percentage is detailed in Clause 19 and Schedule 6; 2.1.100 “VAT” - value added tax, as defined in the VAT Act or any similar tax which is imposed in place of or in addition to such tax; and 2.1.101 “VAT Act” - Value Added Tax Act, No. 89 of 1991, as amended form time to time.
Suretyship the deed of suretyship which shall be executed by each of the Shareholders in favour of SANParks as more specifically set out in Schedule 23; 2.1.92 “Termination Amount” - the amount payable by a Party on termination of this PPP Agreement in terms of this PPP Agreement; 2.1.93 “Termination Date” - any date of termination of this PPP Agreement, in accordance with its terms; 2.1.94 “Treasury Regulations” - the Treasury Regulations issued under the PFMA that apply to SANParks and/or this PPP Agreement;
Suretyship means your agreement with us as set out in this document. If this document is amended in any way, the word “Suretyship” means the agreement as amended.
Examples of Suretyship in a sentence
For this purpose a Deed of Suretyship form will be provided which shall be completed and returned to Transnet or a designated official by the successful Respondent within 30 [thirty] calendar days from the date of the letter of acceptance.
Failure to return the Deed of Suretyship within the prescribed time shall, save where prior extension has been granted, entitle Transnet without notice to the Supplier/Service Provider to cancel the contract with immediate effect.
Such security shall be in the form of a Deed of Suretyship [Deed of Suretyship] furnished by an approved bank, building society, insurance or guarantee corporation carrying on business in South Africa.
For the purpose of clause 24.124.1 above, Transnet will supply a Deed of Suretyship form to the successful Respondent for completion and no guarantee in any other form will be accepted.
As additional security for its obligations under this PPP Agreement, the Private Party shall procure that each of the Shareholders shall, on or before the Signature Date, execute the Suretyship in terms of which each of the Shareholders shall bind itself as surety for the Private Party and co-principal debtor in solidum with the Private Party to SANParks for the due and punctual performance by the Private Party of its obligations under this PPP Agreement.
More Definitions of Suretyship
Suretyship means each and every suretyship issued in consequence to this Agreement, whether attached hereto or done separately;
Suretyship means the Second Amended and Restated Guaranty and Suretyship dated the date hereof executed and delivered by the Parent in favor of the Lenders, pursuant to which the Parent guaranteed and became surety for the prompt payment and performance of the Obligations, and any future amendments, restatements, modifications or supplements thereof or thereto.
Suretyship means the relationship created by this Agreement in which the Defendant pays the amount of the Premium in exchange for Xxxxxx’x assuming the entire amount of the bond owed to the court if the Defendant fails to appear or skips bail.
Suretyship the deed of suretyship which shall be executed by each of the Shareholders in favour of SANParks as more specifically set out in Schedule 23; 2.1.91
Suretyship the deed of suretyship which shall be executed by each of the Shareholders in favour of SANParks as more specifically set out in Schedule 23; 2.1.91 “Termination Amount” - the amount payable by the Private Party on termination of this PPP Agreement in terms of Clause 27.8; 2.1.92 “Termination Date” - any date of termination of this PPP Agreement, in accordance with its terms; 2.1.93 “Treasury Regulations” - the Treasury Regulations issued under the PFMA that apply to SANParks and/or this PPP Agreement; 2.1.94 “Transferrable Licenses Intellectual Property” - any Licensed Intellectual Property that the Private Party is entitled to transfer to SANParks; 2.1.95 “Utilities” - all facilities serving the public, such as water, electricity, sewage, gas and telecommunications and, where appropriate, includes the relevant provider thereof; 2.1.96 “Variable PPP Fee” - that portion of the PPP Fee that is a percentage of the Gross Revenue of the Private Party, which percentage is detailed in Clause 19 and Schedule 6; 2.1.97 “VAT” - value added tax, as defined in the VAT Act or any similar tax which is imposed in place of or in addition to such tax; and 2.1.98 “VAT Act” - Value Added Tax Act, No. 89 of 1991, as amended form time to time.
Suretyship means Annexure A attached to these terms and conditions that must be signed and completed. This clause will be interpreted for the benefit of The Supplier who will, in its sole discretion, elect to enforce this clause.
Suretyship the deed of suretyship which shall be executed by each of the Shareholders in favour of SANParks as more specifically set out in Schedule 21; 2.1.91 “Termination Amount” - the amount payable by a Party on termination of this PPP Agreement in terms of this PPP Agreement; 2.1.92 “Termination Date” - any date of termination of this PPP Agreement, in accordance with its terms; 2.1.93 “TMNP Tariffs” - the tariffs stipulated by SANParks for Utility Charges and any other fees, levies and the like, in respect of cost of recoveries incidental to goods and/or services provided by SANParks to the Private Party in the Protected Area, as may be reviewed by SANParks from time to time; 2.1.94 “Treasury Regulations” - the Treasury Regulations issued under the PFMA that apply to SANParks and/or this PPP Agreement;