Subscription Undertaking definition

Subscription Undertaking means an undertaking by a Noteholder to subscribe for Notes pursuant to a separate subscription agreement.
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Subscription Undertaking means an undertaking by a Debentureholder to subscribe for new Debentures, made on the terms set out in Clause 3.2.
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Subscription Undertaking means an undertaking by a Debentureholder to subscribe for Debentures.
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Examples of Subscription Undertaking in a sentence

  • Provided further that notwithstanding termination of the Subscription Undertaking in accordance with this Clause, the Government will still be liable for any other liability arising before or in relation to such termination.

  • Subject to the terms and conditions of this Undertaking and the Subscription Undertaking, the Issuer agrees to issue the Sukuk on the Closing Date at an issue price (the “Issue Price” or “Purchase Price”) equal to [⚫]% (PKR [⚫]/-) of the face value of the Sukuk.

  • The “N” number of Sold Subscription Rights shall be equal to (i) the total number of Subscription Rights allocated to FFP and EPF, minus (ii) the Sellers' Subscription Rights which shall be exercised in accordance with the Sellers' Subscription Undertaking.

  • Each of the Issuer and the Title Agent and the Government agree for the exclusive benefit of the Sukuk Holders that the courts in Islamabad shall settle any disputes which may arise out of or in connection with this Undertaking and/or the Subscription Undertaking and that accordingly any proceedings arising out of or in connection with this Undertaking and/or the Subscription Undertaking may be brought in such courts and, for such purposes, irrevocably submits to the jurisdiction of such courts.

  • The Issuer has agreed, subject to the provisions of the Sukuk Subscription Undertaking dated (the “Subscription Undertaking”) executed by the Sukuk Holders in favour of the Issuer, the Government, the Investment Agent and the Title Agent, to issue PKR /- in aggregate face amount of Sukuk due 202_ (the “Sukuk”) to be constituted by the Title Agency Agreement (the “Title Agency Agreement”) made/to be made by, inter alia, the Issuer and the Title Agent dated on or about the date hereof.

  • Subject to the exercise by the Sellers of a number of Subscription Rights corresponding to the Sellers' Subscription Undertaking, the Buyer undertakes to exercise all the Sold Subscription Rights to subscribe on an irreducible basis to new shares of the Company in connection with the Capital Increase (a copy of the letter sent by the Buyer to the Company in respect of this undertaking is attached as Schedule 2 to this Agreement).

  • The Share Subscription Undertaking of the Subscriber pursuant to Clause 6.1 is subject to the condition that the Issuer has launched an IPO on a regulated stock market, and the shares the Subscriber receives being freely transferable, without lock up provisions of any kind.

  • Pursuant to the Certificate Subscription Undertaking, Sukuk Investors will appoint the SPC as Investment Agent.