Undertaking 3 definition

Undertaking 3 means the undertaking of the Demerged Company comprising the business of industrial parks division being carried on by the Demerged Company on a going concern basis to be demerged under this Scheme with the sanction of the Hon'ble Court. Without prejudice to the generality of the meaning ascribed to, the Undertaking 3 shall mean and include, without limitation;

Examples of Undertaking 3 in a sentence

  • Wellpoint, is not released from previous Undertaking 16, continuing as new Undertaking 3, as the parties to the original agreement made a commitment that spans 20 years from inception.