Global Undertaking definition
Global Undertaking means an undertaking provided by certain partnerships or limited liability partnerships which is in respect of Partnership Capital Subscription Loans entered into by individuals, partners or members (as applicable) from time to time and does not include a Specific PCSL Undertaking;
Examples of Global Undertaking in a sentence
Each Holder of Notes, by its acceptance thereof, authorizes and directs the Indenture Trustee to enter into the Escrow and Disbursement Agreement and the Global Undertaking Letter and to perform its obligations and exercise its rights thereunder in accordance therewith.