Shareholders Undertaking definition
Examples of Shareholders Undertaking in a sentence
All terms and references used in the Shareholders Undertaking and which are defined or construed in the Shareholders Undertaking but are not defined or construed in this Supplemental Undertaking shall have the same meaning and construction in this Supplemental Undertaking.
The Contractor and Guarantor agree that if at any time the Contractor requests payment security pursuant to section 648a of the German Civil Code (as the same may be amended from time to time) any obligations of the Owner pursuant to such section shall be fulfilled by the Guarantor in accordance with the terms of the Shareholders Undertaking Agreement and shall be a full discharge of the Owner's obligations thereunder.
The Buyer shall have delivered an executed copy of the Shareholder's Undertaking, dated as of the Closing Date, in the form attached as Exhibit C hereto.
The New Lender confirms (i) that it becomes a party to the Security Pooling Agreement and the Shareholders Undertaking Agreement by virtue of the assignment and assumption hereunder and (ii) that it is bound by, and entitled to all benefits arising from, the provisions of such agreements as if it had been an original party to such agreements.
All references in this Supplemental Undertaking to the Shareholders Undertaking shall be to the Shareholders Undertaking as amended, supplemented or modified by the First Supplemental Undertaking.
Pursuant to the Shareholders Undertaking, the Existing Shareholders agreed to undertake certain obligations in favour of the Agent and the Banks, upon the terms and subject to the conditions of the Shareholders Undertaking.
The parties agree that the Shareholders Undertaking shall, with effect on and from the Effective Date, be amended and restated in the form of the Restated Shareholders Undertaking so that the rights and obligations of the parties to this Supplemental Undertaking under the Shareholders Undertaking shall, on and after the Effective Date, be governed by, and construed in accordance with, the Restated Shareholders Undertaking.
The Seller's Major Shareholders Undertaking shall include a financial investment in the area of online dating, or personals, on the Internet in excess of 5% of the beneficial interest of any company or venture.
All references in this Supplemental Undertaking to the Shareholders Undertaking shall be to the Shareholders Undertaking as amended, supplemented or modified by the First Supplemental Undertaking and the Second Supplemental Undertaking.
The Parent's Major Shareholders Undertaking shall include a financial investment in the area of Online Dating in excess of 5% of the beneficial interest of any company or venture.