Irrevocable undertaking meaning
WebTerms in the POLICY which are written in capital letters shall have the meaning set forth in Clause 15 entitled DEFINITIONS. 3 Policy Objectives . ... owner to give within three months an irrevocable undertaking in writing that it is prepared to grant irrevocable licences on fair, reasonable and nondiscriminatory ("FRAND") terms and - WebJun 4, 2024 · “ Reimbursement Undertaking ” means a separate irrevocable undertaking of the reimbursing bank, issued upon the authorization or request of the issuing bank, to the claiming bank named in the reimbursement authorization, to honour that bank’s reimbursement claim, provided the terms and conditions of the reimbursement …
Irrevocable undertaking meaning
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WebIrrevocable undertaking. Also known as an irrevocable commitment or a lock-up. A binding agreement by a target shareholder to accept a takeover offer or vote in favour of a … Webundertaking (the “Undertaking”) sets out the terms and conditions on which we will accept the Offer when it is made. In this Undertaking: “ 2014 Final Dividend ” has the meaning given to it in the Announcement; “ Acceptance Condition ” means the acceptance condition to the Offer as set out in paragraph 1(a) of Appendix 1 to the ...
WebThe corporate payment undertaking is intended, subject to relevant jurisdiction specific legal advice, to serve as a contractual mechanism (unconditional and irrevocable undertaking) …
WebMay 20, 2024 · Irrevocable reimbursement is one of the basic documentary products of IBEC. Terms of provision Tariffs Process schemes Apply for financing Ask a question IBEC reimbursement undertakings are issued on behalf of the issuing banks under letters of credit opened in favor of confirming / executing and financing banks. Product features … WebJan 28, 2024 · CPU is a buyer-led initiative which falls under the category of payable finance, without the requirement of the assignment of the underlying receivable to the financial institution, relying completely on the buyer’s irrevocable payment undertaking,” Peter Mulroy, Secretary General at FCI told TFG.
WebIrrevocable definition, not to be revoked or recalled; unable to be repealed or annulled; unalterable: an irrevocable decree. See more.
WebOct 20, 2024 · Irrevocable undertaking —shareholder—takeover offer The Directors [ insert offeror's name] ( [ Offeror ]) [ insert address] [ and] [ The Directors] [ [ insert name of financial adviser] (the Adviser) [ insert address]] [ insert date] Dear Directors Proposed offer for [ name of offeree] ( [ Offeree ]) how to stop garage door screechingWebIrrevocable undertakings to accept an offer are normally sought by an offeror from significant offeree shareholders immediately before the announcement of a firm intention to make an offer ( Rule 2.7 announcement ), so as to secure as much comfort as possible that the offer will be successful. reactjs loop arrayWebIrrevocable undertaking: secondary issues. A form of irrevocable undertaking for use by either large shareholders or directors in connection with a rights issue (or, with appropriate amendments, other secondary issue). An irrevocable undertaking will generally be addressed to both the company and the sponsor. reactjs otp inputWebExhibit 2.6 . AMENDMENT TO IRREVOCABLE UNDERTAKING . THIS AMENDMENT, dated as of November 6, 2015 (this “Amendment”), to the Irrevocable Undertaking, dated as of August 6, 2015 (the “Irrevocable Undertaking”), by and among CF Industries Holdings, Inc., a Delaware corporation (“Cambridge”), OCI N.V., a public company with limited liability … how to stop garbage disposal from smellingWeb/ˌʌndərˈteɪkɪŋ/ [countable] a task or project, especially one that is important and/or difficult synonym venture He is interested in buying the club as a commercial undertaking. In those days, the trip across country was a dangerous undertaking. the first joint undertaking of the two societies Oxford Collocations Dictionary Join us reactjs markdown editorWebirrevocable meaning: 1. impossible to change: 2. impossible to change: 3. (esp. of a decision) impossible to change: . Learn more. reactjs open link in new tabWebAug 24, 2024 · The term “irrevocable” implies that a guaranty may not be rescinded by a guarantor. Its usage in guaranties is thought to be derived from the convention governing … reactjs navigate with parameters