Major Undertaking definition

Major Undertaking means any T&M Services consisting of repairs or expenditures at the Project anticipated to result in T&M Costs in excess of [Five Thousand Dollars ($5,000)].
Major Undertaking means with respect to the Borrower or a Material Subsidiary of the Borrower (which, for the avoidance of doubt, shall not include the Target or any of its subsidiaries) any of the undertakings contemplated by Sections 5.6, 6.1, 6.2, 6.3, 6.4, 6.5 and 6.7.
Major Undertaking means each of the Acquisition Undertakings (other than those set forth in paragraphs (h), (i) and (j) of Schedule VI) and each covenant set forth in Sections 6.05(a), 6.21, 7.01 through 7.09, 7.13, 7.16 and 7.23 (except to the extent that any failure to comply with Section 7.23 is the result of any actions taken or omitted to be taken by the Custodian or the Agents). .

Examples of Major Undertaking in a sentence

  • For the avoidance of doubt, no undertakings other than those which are set out in Part II (Major Undertakings) of Schedule 5 (Major Representations, Undertakings and Events of Default) shall constitute a Major Undertaking.

  • Major Undertaking means an undertaking set out in Part II (Major Undertakings) of Schedule 5 (Major Representations, Undertakings and Events of Default).

  • Major Undertaking means an undertaking set out in Part II of Schedule 5.

  • Or You, You, or You: The Consequences of the Court’s Major Undertaking in Department of Homeland Security v.

  • Major Undertaking Authorisations and status (but only to the extent that breach of such undertaking would be materially prejudicial to the interests of the finance parties), compliance with laws, negative pledge, disposal, acquisitions, merger, change of business, guarantees, subsidiary indebtedness and Acquisition related undertakings.


More Definitions of Major Undertaking

Major Undertaking means an undertaking under clause 26.5 (Special Purpose Vehicle), and a negative undertaking under clauses 25.9 (Negative pledge), 25.12 (Disposal), 25.13 (Mergers/Acquisitions), 25.14 (Change of business), 25.10 (Loans or credit), 25.9 (Financial Indebtedness), 26.7 (Offtake Agreements) or 21.26 (Sanctions).
Major Undertaking means an undertaking set out in Part II of Schedule 6 (other than, during the Certain Funds Period, paragraph 7(vii) to (x) (Conduct of Scheme and/or Offer)). Margin means in relation to any Interim Term Loan, 6.50% per annum. Material Adverse Effect means any event or circumstance which, taking into account all relevant circumstances, has a material adverse effect on:
Major Undertaking means an undertaking to the extent made by the Borrower with respect to itself and Bidco (and not, for the avoidance of doubt, with respect to any other member of the Group or the Target Group or any procurement obligation in respect of any other member of the Group or the Target Group) under any of:
Major Undertaking means each of the Acquisition Undertakings (other than those set forth in paragraphs (h), (i) and (j) of Schedule VI) and each covenant set forth in Sections 6.05(a), 6.21, 7.01 through 7.09, 7.13 and 7.16.
Major Undertaking means each covenant set forth in Section 2.5(a), Section 5.5 and Section 5.6 of this Agreement (other than those set forth in Sections 5.6(g), 5.6(h), 5.6(i), 5.6(j) and 5.6(k)).
Major Undertaking means, with respect to an Acquisition Obligor only (and ignoring (i) any member of the Target Group, (ii) any procuring obligation on the part of any Acquisition Obligor in respect of a person that is not an Acquisition Obligor, and (iii) any reference or application to any member of the Group that is not an Acquisition Obligor) and insofar as it relates to a Certain Funds Finance Documents only, an undertaking under any of Clause 24.4 (Sanctions) (other than in respect of payments to be made by the Company under the Acquisition Documents), Clause 24.7 (Merger) to Clause 24.11 (Holding Companies) (inclusive), Clause 24.13 (Pari passu ranking) to Clause 24.15 (Disposals) (inclusive), Clause 24.17 (Loans or credit) to Clause 24.22 (Share capital) (inclusive), Clause 24.34 (Acquisition Undertakings) and Clause 24.36 (Share Transfer Agreements).
Major Undertaking means an undertaking under any of Clause 26.3 (Negative pledge) to Clause 26.6 (Change of business) inclusive, Clause 26.10 (Guarantees), Clause 26.11 (Loans out), Clause 26.14 (Ownership of Borrowers (other than the Company)) and paragraphs (a), (b), (c), (f), or (h) of Clause 26.15 (Acquisition-related undertakings). Table of Contents