Shareholders Undertaking definition

Shareholders Undertaking means an agreement between (1) the Borrower, (2) the Shareholders and (3) the Agent, substantially in the form of Appendix B (or in such other form as may be approved by the Agent and the Banks);
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Shareholders Undertaking means the Shareholder’s undertaking dated the same date as this Agreement from the Shareholder and the Borrower to the Finance Parties.
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Shareholders Undertaking an undertaking substantially in the terms set forth in "Annexure A"
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Examples of Shareholders Undertaking in a sentence

  • ITC has by its Substantial Shareholders Undertaking Letter irrevocably agreed and undertaken to the Company and the Underwriter, inter alia, not to exercise, and to procure the non-exercise of, the subscription rights under the said 67,418,760 Warrants until the close of business on the Record Date.

  • 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 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.

  • 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.

  • ROBOs also have the need to replicate data for resiliency to a core data center location.

  • 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.

  • OZ has by its Substantial Shareholders Undertaking Letter irrevocably agreed and undertaken to the Company and the Underwriter, inter alia, to accept, or procure the acceptance of, the provisional allotment of the 347,838,978 Rights Shares to be allotted to it and/or entities managed or controlled by it under the Rights Issue in full.

  • In view of the abovementioned Shareholder's Undertaking by Dato’ Michael, the Company has decided to proceed with the Proposed Rights Issue on a non-underwritten basis.

  • The Equity Reserve Account will be funded by Excess Start-Up Cash Flows and by the amount determined in accordance with Clause 2.6.2 (b) (vi) of the Shareholders' Undertaking Agreement in accordance with the provisions of the Shareholders' Undertaking Agreement.

  • The parties agree that, on and from the Effective Date, the Retiring Shareholder shall be discharged from its obligations under the Shareholders Undertaking without prejudice to any obligations accrued before that date.


More Definitions of Shareholders Undertaking

Shareholders Undertaking means the shareholders undertaking dated 1st July, 1998 made between (1) the Borrower, (2) Chartered Semiconductor Manufacturing Ltd, EDB Investments Pte Ltd and Hewlett-Packard Europe B.V., as shareholders, and (3) the Agent; and
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Shareholders Undertaking means the agreement in form and substance satisfactory to the Lenders entered into on or about the date of this Agreement between the Shareholders, the Borrower and the Security Agent, as security for the Secured Liabilities containing inter alia the undertakings from the Shareholders as set out in Schedule 12;
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Shareholders Undertaking means the Shareholders Undertaking dated as of the Initial Closing Date among Mourant & Co. Trustees Limited (as the Charitable Trustee), Juris Limited, Lively Limited, AerCap Ireland, the Issuer, the Trustee and the Policy Provider, as amended by an Amendment Agreement dated as of the Second Closing Date.
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Shareholders Undertaking means the Deed of Undertaking dated as of the Initial Closing Date among Codan Trust Company Limited, solely in its capacity as trustee of Aircraft Lease Securitisation II Purpose Trust (as the Charitable Trustee), AerVenture Leasing, the Issuer, the Trustee and the Class A-1 Funding Agent.
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Related to Shareholders Undertaking

  • Manager’s Undertaking means, in relation to a Ship, the letter of undertaking from its Approved Technical Manager and the letter of undertaking from its Approved Commercial Manager subordinating the rights of such Approved Technical Manager and such Approved Commercial Manager respectively against that Ship and the relevant Borrower to the rights of the Finance Parties in agreed form.

  • Manager’s Undertakings means the undertakings, provided by the Manager respecting the Vessel, including, inter alia, a statement satisfactory to the Facility Agent that any lien in favor of the Manager respecting the Vessel is subject and subordinate to the Vessel Mortgage in substantially the form attached to the Assignment of Management Agreements or otherwise reasonably satisfactory to the Facility Agent.

  • Approved Manager’s Undertaking means, in relation to each Ship, a letter of undertaking executed by the Approved Manager in favour of the Security Trustee in the Agreed Form agreeing certain matters in relation to the Approved Manager serving as the manager of that Ship and subordinating the rights of the Approved Manager against such Ship and the relevant Borrower to the rights of the Security Trustee under the Finance Documents;

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

  • Shareholders Agreement has the meaning set forth in the recitals.

  • Shareholders' Agreements shall have the meaning provided in Section 5.05.

  • unanimous shareholder agreement means either: (i) a lawful written agreement among all the shareholders of the Corporation, or among all the shareholders and one or more persons who are not shareholders; or (ii) a written declaration of the registered owner of all of the issued shares of the Corporation; in each case, that restricts, in whole or in part, the powers of the directors to manage, or supervise the management of the business and affairs of the Corporation, as from time to time amended.

  • Overseas Shareholders holders of Scheme Shares who are resident in, ordinarily resident in, or citizens of, jurisdictions outside the United Kingdom;

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

  • Securityholders Agreement means the Securityholders Agreement of the Company, dated as of May 5, 1998, as the same has been and may be amended from time to time.

  • Standard Receivables Undertakings means any Receivables Facility Guarantee and/or any representations, warranties, covenants and indemnities entered into by the Company or any Restricted Subsidiary which the Company has determined in good faith to be customary in a Receivables Facility, including, without limitation, those relating to the servicing of the assets of a Receivables Subsidiary.

  • Stockholders Agreement means the Stockholders Agreement, dated as of the date hereof, by and among the Company and the other parties thereto.

  • Continuing Disclosure Undertaking means the Continuing Disclosure Undertaking of the Issuer, in substantially the form attached hereto as Exhibit 1, dated the Closing Date, for the purpose of providing continuing disclosure information under Rule 15c2-12 adopted by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as may be amended from time to time.

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

  • Rollover Shareholders means each of Expert Master Holdings Limited, Mr. Longhua Piao and UMW China Ventures (L) Ltd.

  • Existing Shareholders has the meaning set forth in the preamble.

  • Shareholder Loan means any loan made or to be made to a member of the Group by or on behalf of a Shareholder and any other indebtedness owing on loan account by a member of the Group to a Shareholder.

  • Management Stockholder’s Agreement means that certain Management Stockholder’s Agreement between the Optionee and the Company.

  • Controlling Shareholders means controlling shareholders of the Company, as such term is defined in the Ordinance.

  • Shareholder Agreement has the meaning set forth in the Recitals.

  • Shareholder Associated Person of any Shareholder means (i) any person controlling, directly or indirectly, or acting in concert with, such Shareholder, (ii) any beneficial owner of shares of stock of the Corporation owned of record or beneficially by such Shareholder, and (iii) any person controlling, controlled by or under common control with such Shareholder Associated Person.

  • 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.