RECORDALS Clause Samples

RECORDALS. The provisions of the ECT shall be applicable to this Agreement and this Agreement shall be construed in such a way as to give effect to the definitions and enable and provisions of the Act.

RECORDALS. PRASA Cres is a division of PRASA, which has been mandated to manage all the property facility services to the entire PRASA Group;

RECORDALS. 2.1 In terms of the Khumo Gold SPV Pref Share Subscription Agreement, DRDGOLD will subscribe for cumulative participating compulsorily redeemable class B preference shares in Khumo Gold SPV, on condition, inter alia, that Khumo Gold SPV exercises its portion of the Option and applies the proceeds of the said subscription to inter alia pay its portion of the Option Price. 2.2 In addition, in terms of the Trust Loan Agreement, DRDGOLD will lend and advance to the Trust inter alia such amount as will enable the Trust to exercise its portion of the Option and pay its portion of the Option Price. 2.3 The Parties wish to record in writing their agreement in respect of the above and matters ancillary thereto.

RECORDALS. 2.1 The Pharmacy herewith appoints MediKredit to render the Claims Processing Services as set out hereunder and MediKredit accept such appointment. 2.2 The Pharmacy and MediKredit shall be considered to be independent contractors and MediKredit is not, nor shall it deemed to be, an agent or representative of the Pharmacy under any circumstances whatsoever. 2.3 MediKredit’s appointment hereunder shall commence on the Commencement Date and shall remain in force and effect for an indefinite period until terminated in terms of the provisions of this C2 Agreement. 2.4 It is recorded that Beneficiaries may acquire Medicines and/or services rendered to Beneficiaries in accordance Witness 1: Witness 1: Witness 2: Witness 2: with the Pharmacy Act 53 of 1974 from any source whatsoever approved by Medical Scheme and shall not be limited to acquire Medicines and/or services rendered to Beneficiaries in accordance with the Pharmacy Act 53 of 1974 from the Pharmacy or any group of pharmacies.

RECORDALS. 2.1 The Pharmacy herewith appoints MediKredit to render the Transaction Processing Services as set out hereunder and MediKredit accept such appointment. 2.2 The Pharmacy and MediKredit will be considered to be independent contractors and MediKredit is not, nor will it be deemed to be, an agent or representative of the Pharmacy under any circumstances whatsoever. 2.3 MediKredit’s appointment hereunder will commence on the Commencement Date and will remain in force and effect for an indefinite period until terminated in terms of the provisions of this C2 Agreement. 2.4 It is recorded that Beneficiaries may acquire Medicines and/or services rendered to Beneficiaries in accordance with the Pharmacy Act (53 of 1974) from any source whatsoever approved by Healthcare Funder and will not be limited to acquire Medicines and/or services rendered to Beneficiaries in accordance with the Pharmacy Act (53 of 1974) from the Pharmacy or any group of pharmacies.

RECORDALS. In terms of the Trust Loan Agreement, DRDGOLD will lend and advance an amount of R14,128,800.00 (fourteen million one hundred and twenty eight thousand eight hundred rand) to the Trust, on condition, inter alia, that the Trust applies the proceeds of the said subscription to subscribe for inter alia the Class

RECORDALS. 4.1 It is specifically recorded herein that: 4.1.1 Tracetec may enter into an agreement with the Subscriber for the sale and purchase, rental and / or installation of its units in exchange for consideration and this agreement shall apply to such agreement mutatis mutandis to such agreement as if specifically incorporated therein in the event that such agreement provides for this agreement to apply to such agreement; 4.1.2 Notwithstanding the aforesaid, the Subscriber may purchase a unit directly from an approved installer at a purchase price and / or installation price agreed upon between the approved installer and the Subscriber; and 4.1.3 The Subscriber may in certain circumstances be represented by an agent (ususally referred to as a “Bordereaux”) with respect to the rights and obligations of the Subscriber, in which case any any notice given: 4.1.3.1 By Tracetec to such agent shall be deemed sufficient notice by Tracetec to the Subscriber; and 4.1.3.2 By the agent to Tracetec shall be deemed sufficient notice by the Subscriber to Tracetec.

RECORDALS. 2.1 The Parties have entered into the Partnership Agreement in terms of which: 2.1.1 they have agreed upon the basis on which the Municipality will make land available to the Partner; and 2.1.2 The Partner has agreed, in respect of such land, to develop and manage Affordable Housing and/or Social Housing Units from time to time. 2.2 Such a Project agreement is developed as part of a process involving both the Partner and municipality. 2.3 The Parties have agreed to proceed with the development of the allocated sites, (inser t land or building addresses and Er f or ▇▇▇▇▇ numbers), in accordance with this agreement. 2.4 The Parties wish to set out the terms of their agreement in writing.

RECORDALS. 9.1 The lifetime right granted herein is not registrable and no transfer of the housing unit or registration of any right in respect of the housing unit will be effected in favour of the Purchaser/s; 9.2 The Seller is the owner of the property; 9.3 Penalty interest on overdue amounts (whether for the levy or other charges made by the Seller from time to time) shall accrue at 2% per month, compounded monthly; 9.4 The Constitution of the Association and the rules applicable to the property and all residents as determined by the Association and as varied from time to time, form part of this agreement. 9.5 The nature and extent of the facilities or services to be provided are set out in Clause 4 hereof and the Purchaser/s is entitled to use such facilities and services in conjunction with other persons upon the property. The facilities include care for debilitated or frail persons in respect of all such facilities and services which are presently available; 9.6 The Purchaser/s acknowledge/s that the Purchaser/s shall have no claim whatsoever against the Seller for any damage to any movable property brought by him/her/them into the housing unit from whatsoever cause arising and whether caused by the negligence of the Seller or its agents or otherwise; 9.7 The housing unit will be insured by the Seller against risk of damage by fire, earthquake, civil riot or otherwise provided in terms of standard house-owner’s comprehensive policy(ies). The Purchaser/s shall be obliged to make their own arrangements in regard to the insurance of any movables brought by him/them onto the property; 9.8 The Seller will bear its own costs of the drafting of this Agreement; there will be no costs of transfer; 9.9 The Seller does not undertake that it will not encumber the property by mortgage bond; 9.10 The Seller does not give any estimate of future expenditure in respect of the housing development scheme or of the property, such expenditure shall (save for the obligation of the Purchaser/s to pay levies) be borne by the Seller. The Seller shall provide to the Purchaser an estimate of the amount of the levy for a period of two years in advance; 9.11 The liability of each life-▇▇▇▇▇▇▇ to pay by way of a levy to the Seller shall be determined by the floor area of the housing unit, including garage, car port and patios, correct to the nearest square metre. A charge for electricity, water and other municipal services will be allocated by the Seller from time to time and may be charged...