Undertaking definition

Undertaking means any natural or legal person, whether profit-making or not, or any official body whether having its own legal personality or not;

Undertaking means: (i) a body corporate or partnership; or (ii) an unincorporated association carrying on a trade or business, with or without a view to a profit.

Undertaking has the meaning set forth in Section 5.5.

Examples of Undertaking in a sentence

• In this Undertaking, unless specifically defined, capitalised terms words shall have the same meanings given to them in the Musharaka Agreement.

• Top Hat, IEPA, and the Officer agree that the Undertaking shall be implemented in accordance with the following stipulations in this Memorandum of Agreement (“Agreement”) in order to mitigate the adverse effects of this Undertaking to the NRHP-eligible Buildings and Structures.

• This Undertaking shall be terminated upon confirmation by the Bank that it has received the Purchase Price from the Customer and that the Bank's entire ownership in the Asset is transferred to the Customer.

• It shall be a defense to any such action that, under the DGCL, the claimant has not met the standard of conduct which makes it permissible for the Corporation to indemnify the claimant for the amount claimed or that the claimant is not entitled to the requested advancement of expenses, but (except where the required Undertaking, if any, has not been tendered to the Corporation) the burden of proving such defense shall be on the Corporation.

• EXECUTION of this Agreement by signatories, and the implementation of its terms evidence that the signatories have afforded the Officer an opportunity to comment on the effects of the Undertaking in compliance with the Act.

More Definitions of Undertaking

Undertaking means a project, activity, or program funded in whole or in part under the direct or indirect jurisdiction of a Federal agency, including —

Undertaking means an undertaking in which the investment of the company exceeds twenty per cent. of its net worth as per the audited balance sheet of the preceding financial year or an undertaking which generates twenty per cent. of the total income of the company during the previous financial year;

Undertaking means a corporate body, partnership, limited partnership, cooperative or an incorporated association carrying on a trade or business with or without a view to profit in which the Company has direct or indirect financial, commercial or contractual majority interest.

Undertaking means any entity engaged in economic activity;

Undertaking means this undertaking as amended from time to time in accordance with section 2.3;

Undertaking means any entity engaged in an economic activity, regardless of the legal status of the entity and the way in which it is financed;

Undertaking means any natural person, any legal person, whether profit-making or not, any association or group of persons without legal personality, whether profit-making or not, or any official body, whether having its own legal personality or being dependent upon an authority having such personality;