Common use of Clause 19 Clause in Contracts

Clause 19. 7.1 shall not apply if the fair value of the relevant asset or assets is, in relation to Opco, ZAR5,000,000 (Indexed) or less, or in relation to Holdco or the Borrower, ZAR1,000,000 (Indexed) or less.

Appears in 2 contracts

Sources: Working Capital Facility Agreement (Atlatsa Resources Corp), Working Capital Facility Agreement (Atlatsa Resources Corp)