Fronting. If the Company becomes aware or has a reasonable suspicion that any fronting (the offense under section 130(1) of the Broad-Based Black Economic Empowerment Act, No. 53 of 2003 (‘BBBEE Act’) and the Broad Based Black Economic Empowerment Amendment Act No. 46 of 2013) is taking or has taken place, then the Company may suspend and/or terminate the Contract with immediate effect without any liability for any Losses.
Appears in 1 contract
Sources: Purchase Order Terms and Conditions
Fronting. If the Company becomes aware or has a reasonable suspicion that any fronting (the offense under section 130(113O(1) of the Broad-Based Black Economic Empowerment Act, No. 53 of 2003 (‘BBBEE Act’) and the Broad Based Black Economic Empowerment Amendment Act No. 46 of 2013) is taking or has taken place, then the Company may suspend and/or terminate the Contract with immediate effect without any liability for any Losses.
Appears in 1 contract
Sources: Purchase Order Agreement
Fronting. If the Company becomes aware or has a reasonable suspicion that any fronting (the offense under section 130(1) of the Broad-Broad- Based Black Economic Empowerment Act, No. 53 of 2003 (‘BBBEE Act’) and the Broad Based Black Economic Empowerment Amendment Act No. 46 of 2013) is taking or has taken place, then the Company may suspend and/or terminate the Contract with immediate effect without any liability for any Losses.
Appears in 1 contract
Sources: Purchase Order