Examples of Pre-Completion Undertakings in a sentence
The Seller undertakes that it shall procure that between the date of this Agreement and Completion or the earlier termination of this Agreement in accordance with its terms, each of the members of the CCPH Group shall comply with the Pre-Completion Undertakings to the extent set out in Schedule 3 (Pre-Completion Undertakings).
Pre-Completion Undertakings- PDI shall procure that PDIE and each of PDIE’s subsidiaries (“Target Companies”) will not create any encumbrances or other security over any of the Target Company’s assets.
The Sellers shall procure that, pending Completion or the earlier termination of this Agreement in accordance with its terms, each Sale Group Company and BSC (in respect of the MRO Business) shall comply with the Pre-Completion Undertakings.
There being no breach of the provisions set out in clause 5 ( Pre-Completion Undertakings) of the SPA.
Pre-Completion Undertakings The Seller has given certain customary pre-completion undertakings in relation to the state of affairs of the Target Company for agreement of similar nature and size in the SPA.
Pre-Completion Undertakings The Acquisition Agreement includes customary pre-completion conduct of business undertakings to be given by Congra to use its reasonable endeavours to procure that the business of HYBRID Software is operated in the ordinary and normal course between signing of the Acquisition Agreement and completion and not to take certain decisions material to the business without the prior written consent of Global Graphics.
Each Seller’s undertakings, warranties and other obligations under this Agreement are made subject to Schedule 4 (Limitations on the Sellers’ liability) and such Schedule shall apply in respect of any claim under this Agreement (including, without limitation, any claim relating to a breach of any of the Pre-Completion Undertakings, No Leakage Undertakings and Warranties).
What are the main drivers of and obstacles to enhancing PMD efficiency?4.
The Purchaser shall be entitled to terminate the SPA if prior to Completion, the Company is in breach of the Pre-Completion Undertakings or the warranties by the Company are breached in any material respect(1).
The Purchasers shall bear and pay the cost of all stamp duty, stamp duty reserve tax and any similar Taxes and all notarial or registration fees which may result in any jurisdiction from the execution and performance of this Agreement and the other Share Purchase Documents as well as the transactions contemplated thereby (other than the Pre-Completion Undertakings).