This BEE Contract definition
Examples of This BEE Contract in a sentence
Beneficial Owner always has to sign This BEE Contract as the party defined as “You” and in that case, the nominee of such Beneficial Owner, in whose name the BEE Securities are registered, must sign as the Registered Shareholder.
You undertake for the duration of This BEE Contract, not to permit the Sale Off Market of any of the Specified BEE Securities or any rights or interests therein, nor to instruct the Registered Shareholder, the CSDP, the JSE Member, the IH or the IHRS, as the case may be, to effect transfer or permit the transfer of those BEE Securities on Your behalf, to any person who/which is not a BEE Compliant Person and who/which has not signed a BEE Contract.
The provisions of This BEE Contract, save for clauses 11, 12 and 21, constitute a stipulatio ▇▇▇▇▇▇ 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.
Own Name Clients to sign This BEE Contract as the party defined as “You” and in addition as the Registered Shareholder.
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.
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.
This BEE Contract may be executed in several counterparts, each of which shall together constitute one and the same instrument.
Notwithstanding the fact that there will be many Specified Issuers which will be parties to This BEE Contract, in the event that a Specified Issuer wants to accept the benefits under This BEE Contract, that Specified Issuer shall not be obliged to notify the other Specified Issuers of such acceptance.
For _ (IH)14 Signature: For _ (IHRS)15 Signature: For _ (JSE MEMBER)16 For _ (REGISTERED SHAREHOLDER)17 14 There may not always be an IH which is a party to This BEE Contract.
The CSDP will sign This BEE Contract as CSDP to the extent that the party defined as “You” is an Own Name Client.