Release Undertaking definition

Release Undertaking means the undertaking dated on or about the date of this agreement from DLA Piper UK LLP in favour of (1) Barclays Bank PLC (2) Lloyds Bank plc (3) Macfarlanes LLP and (4) ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ LLP in respect of the unconditional and irrevocable release of the Release Documents and Title Documents as duly countersigned by (1) Barclays Bank plc and (2) Lloyds Bank plc;

Examples of Release Undertaking in a sentence

  • The terms of the Indemnification and Release Undertaking executed by YMAX Corporation and Vocaltec Communications Ltd.