POSITIVE UNDERTAKINGS definition

POSITIVE UNDERTAKINGS. Undertakings usual for facilities of this type (subject to customary exceptions and qualifications to be agreed) including:
Sample 1

Examples of POSITIVE UNDERTAKINGS in a sentence

  • POSITIVE UNDERTAKINGS BY THE BORROWER .......................................................................

Related to POSITIVE UNDERTAKINGS

  • L/C Undertaking has the meaning set forth in Section 2.12(a).

  • Standard Securitization Undertakings means representations, warranties, covenants and indemnities entered into by the Borrower or any Subsidiary of the Borrower that are customary in a Securitization Financing.

  • Undertakings as references to obligations under this Framework Agreement;

  • group undertaking means the Company or another undertaking in the group;

  • related undertaking means any undertaking in which any person has a

  • Facility Agreement means the Facility Agreement referred to in Recital (A).

  • Performance Undertaking means that certain Performance Undertaking, dated as of the Closing Date, by Performance Provider in favor of Seller, substantially in the form of Exhibit XI, as the same may be amended, restated, supplemented or otherwise modified from time to time.

  • Demerged Undertaking means the Premium Brands Business of the Demerged Company and includes related assets, liabilities, rights and powers, on a going concern basis, representing an undertaking in compliance with Sec. 2(19AA) of the Income Tax Act, as on the Appointed Date, which shall be transferred and vested with the Resulting Company upon Demerger by the Demerged Company in terms of this Scheme. Without prejudice and limitation to the generality of the above, the Demerged Undertaking means and includes,:

  • parent undertaking means a parent undertaking as defined in point (15)(a) of Article 4(1) of Regulation (EU) No 575/2013;

  • Existing Facility Agreement means the senior secured credit facility dated 26 October 2000 made between, inter alia, UPC Broadband, UPC Financing and Toronto Dominion (Texas) LLC as facility agent and the banks and financial institutions listed therein, as amended from time to time.

  • Facility Agreements means the agreements of that name between the Issuer and different

  • Facility Letter means the facility letter and the other letters of offer or other letters which may from time to time be issued by the Bank to the Borrower in relation to the Facilities.

  • Original Lenders shall have the meaning assigned to such term in the recitals hereto.

  • Confidentiality Undertaking means a confidentiality undertaking in substantially the appropriate form recommended by the LMA from time to time or in any other form agreed between the Borrowers and the Facility Agent.

  • Principal Agreements means this Agreement, the Share Exchange Agreement, the Standstill Agreement and the Registration Rights Agreement.

  • Original Guarantors shall have the meaning assigned to such term in the Preamble hereof.

  • Existing Term Loan Tranche has the meaning set forth in Section 2.16(a).

  • Tripartite Agreement shall have the meaning ascribed to such term in Recital VI of this Agreement;