Clause 22. 16.1 above does not apply to any sale, lease, transfer or other disposal which is: (a) a Permitted Disposal; (b) a Permitted Transaction; or (c) made by the Parent, provided it is not a disposal of the shares held by the Parent in N1C Resources or the loan claims of the Parent against N1C Resources.
Appears in 2 contracts
Sources: Senior Facilities Agreement (Atlatsa Resources Corp), Senior Term Loan and Revolving Facilities Agreement (Atlatsa Resources Corp)