Third Party Undertaking definition

Third Party Undertaking means the undertaking(s) from the Third Party(ies) on whose capabilities and experience the Bidder relied upon in order to meet the requirements of the Tender Procedure pursuant to clause 6.2(a), forms of which are attached to the Concession Agreement under Appendix 11b and Appendix 11c.
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Third Party Undertaking means a guarantee, standby letter of credit, bond, indemnity, Counter-guarantee or undertaking, however named or described, along with any amendments, extensions or renewals thereto, which is at any time issued by the Bank including through another branch of the Bank or any of its Affiliates pursuant to a request or application of the Customer, whether for and on behalf of itself or on behalf of a Third Party, for the benefit of a Third Party.
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Related to Third Party Undertaking

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

  • railway undertaking means any public or private undertaking licensed according to this Directive, the principal business of which is to provide services for the transport of goods and/or passengers by rail with a requirement that the undertaking ensure traction; this also includes undertakings which provide traction only;

  • Group Undertaking means any undertaking in the Group, including the Company;

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

  • 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.