BEE Contract definition

BEE Contract means the contract to be known by that name, the form of which is prescribed by the JSE which comprises the generic terms set forth therein and, as regards each issuer on the BEE Segment of the Main Board, the additional terms relating to that issuer’s Securities listed on the BEE Segment;
BEE Contract means the contract prescribed by the JSE as referred to in clause 21 of this Agreement and appended hereto as Schedule B; "BEE Compliant Persons" shall have a meaning as defined in the BEE Contract;
BEE Contract means the contract, the form of which is ““BEE Contract” means the contract, the form of which is prescribed by the JSE and which is required to be signed by at prescribed by the JSE Limited and which is required to be least the proposed beneficial owner of BEE Securities before signed by at least the proposed beneficial owner of BEE acquiring such BEE Securities for the first time;” Securities before acquiring such BEE Securities for the first time;” a new clause 1.2.3C is inserted after clause 1.2.3B which a new clause 1.2.4C is inserted after clause 1.2.4B which reads as follows: reads as follows:

Examples of BEE Contract in a sentence

  • In this regard, the Client hereby agrees to irrevocably indemnify and keep Computershare indemnified against all and any claims, suits, actions, proceedings or demands of whatsoever nature and howsoever so arising which may occur, be brought or be made by any person against Computershare as a result of or connected with or arising out of his failure to complete and/or adhere to the terms of such BEE Contract.

  • This BEE Contract may be executed in several counterparts, each of which shall together constitute one and the same instrument.

  • The Issuer chooses its registered office as its address for service for all purposes under This BEE Contract, whether in respect of court process, notices or other documents or communications of whatsoever nature, but in the case of notices they shall be marked for the attention of the company secretary.

  • The provisions of This BEE Contract, save for clauses 11, 12 and 21, constitute a stipulatio xxxxxx for the benefit of each of the Specified Issuers and each of the Specified Issuers’ Nominees, which any of them will be entitled to accept at any time.

  • You, the Registered Shareholder, the CSDP, the JSE Member, IH and the IHRS agree that This BEE Contract cannot be amended by any of you without the prior written consent of all the Specified Issuers.


More Definitions of BEE Contract

BEE Contract means the contract prescribed by the JSE which is made up of the generic terms set forth therein which apply to all Issuers and, as regards each Issuer, the terms specific to that Issuer’s BEE Securities which are listed on the BEE Segment and which are contained in that Issuer’s Constitution under the heading “Additional Terms of BEE Contract”, which form an integral part of and must be read as if contained in the BEE Contract;
BEE Contract means the prescribed contract which the proposed registered owner of BEE securities and, if the registered owner will act as a nominee on behalf of a beneficial owner, the proposed beneficial owner of those BEE securities must conclude, in terms of which, inter alia –(a) the registered owner or, if the registered owner will act as a nominee on behalf of a beneficial owner, the beneficial owner warrants that he is a BEE compliant person;(b) the necessary restrictions, limitations and requirements are imposed by the issuer on the registered owner and the beneficial owner in order to achieve the continued ownership of BEE securities by BEE compliant persons;(c) the parties to the contract are bound by generic terms applicable to all issuers and by additional specific terms relevant to a particular issuer’s BEE securities contained in the issuer’s constitution; and(d) the beneficial owner indemnifies the registered owner against any claim made against the registered owner in the event that, in terms of the BEE contract, –(i) the registered owner is obliged to dispose of the BEE securities; or(ii) the issuer of the BEE securities exercises its right to repurchase or its right to nominate its nominee to purchase the BEE securities from the registered owner thereof; “BEE controlled company” means a juristic person, having shareholding or similar members interest, in which black participants enjoy a right to exercisable voting rights of an amount specified in the rules of the BEE ownership scheme; “BEE issuer verification agent” means the agent appointed by an issuer of BEE securities in terms of the relevant BEE ownership scheme that is responsible for –(a) ensuring that the prevailing BEE terms and conditions of the BEE ownership scheme have been accepted by the proposed registered owner or, if the registered owner will act as a nominee on behalf of a beneficial owner, the proposed beneficial owner; and(b) verifying that persons wishing to acquire BEE securities issued by that issuer qualify as BEE compliant persons as set out in the BEE ownership scheme and providing confirmation of that verification to the member through whom the BEE securities are being purchased; “BEE owned company” means a juristic person, having shareholding or similar members interest, that is BEE controlled, in which black participants enjoy a right to economic interest in an amount specified in the rules of the BEE ownership scheme; “BEE ownership scheme” means an issuer ownership schem...
BEE Contract means the contract, the form of which is prescribed by the JSE and which is required to be signed by at least the proposed beneficial owner of BEE Securities before acquiring such BEE Securities for the first time;”
BEE Contract means the contract, the form of which is prescribed by the JSE Limited and which is required to be signed by at least the proposed beneficial owner of BEE Securities before acquiring such BEE Securities for the first time;
BEE Contract means the contract prescribed by the JSE as referred to in clause 21 of this Agreement and appended hereto as Schedule B;
BEE Contract means the contract defined in the JSE Listings Requirements, incorporating the additional terms contemplated in clause 43 of the Sasol MOI;
BEE Contract means the contract prescribed by the JSE which is made up of the generic terms set forth therein which apply to all Issuers and, as regards each Issuer, the terms specific to that Issuer’s BEE Securities which are listed on the BEE Segment and which are contained in that Issuer’s Constitution