Completion Undertaking definition

Completion Undertaking means the undertakings of the Sponsor under Section 5.04.
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Examples of Completion Undertaking in a sentence

  • The items referred to in paragraphs (b), (c), (d) and (e) of Clause 5.3 above shall be delivered on the Sale Date at the offices of MTL in Solihull or the Seller shall confirm to MTL by delivering to or to the order of MTL a Sale Completion Undertaking dated the Sale Date and duly executed by or on behalf of the Seller.

  • Without limiting the foregoing, Borrower shall enforce all of its rights under the Completion Undertaking Agreements and the Undertaking Support LCs (to the extent the Undertaking Support LCs are held by Borrower) and the Project Companies shall enforce all of their rights under the Construction Contract Guaranties.

  • MTL and the Seller agree that delivery of a Sale Completion Undertaking in compliance with this Clause shall constitute good delivery of the relevant items for the purposes of this Clause.

  • Equity Owner pursuant to the ---------------------- Completion Undertaking shall not offset, ▇▇▇▇▇ or reduce the Equity Commitment Amount or the obligations of the Equity Owner under this Agreement.

Related to Completion Undertaking

  • Completion Guaranty means the Completion Guaranty of even date herewith executed by Guarantor in favor of Lender in connection with the Capital Improvement Work and the Loan, as amended from time to time.

  • Completion Notice means a notice issued by the Developer in accordance with clause 6.1.

  • framework contract means a payment service contract which governs the future execution of individual and successive payment transactions and which may contain the obligation and conditions for setting up a payment account;

  • Construction Contract or “contract” means a written agreement between a contractor and a public agency for the construction, alteration, demolition, or repair of a facility, other than a contract having a dollar value of less than $30,000.00 or a contract that provides for 3 or fewer payments.

  • Improvement completion assurance means a surety bond, letter of credit,