undertakings definition
Examples of undertakings in a sentence
The undertakings in this Clause 20 (Information Undertakings) remain in force throughout the Security Period unless the Agent, acting with the authorisation of the Majority Lenders (or, where specified, all the Lenders), may otherwise permit.
The undertakings in this Clause 24 (Insurance Undertakings) remain in force on and from the Delivery Date and throughout the rest of the Security Period except as the Agent may otherwise permit.
Employment Regulations The Transfer of Undertakings (Protection of Employment) Regulations 2006 (SI 2006/246) (‘TUPE’) .
The Borrower fails to insure the Ship in the manner specified in Clause 24 (Insurance Undertakings) or fails to renew the Insurances at least five (5) days prior to the date of expiry thereof and produce prompt confirmation of such renewal to the Agent provided that if the insurers withdraw their cover an Event of Default shall be deemed to have occurred upon issue of the insurer's notice of withdrawal.
The undertakings in this Clause 23 (Ship Undertakings) remain in force on and from the Delivery Date and throughout the rest of the Security Period except as the Agent, acting with the authorisation of the Majority Lenders (or, where specified, all the Lenders) may otherwise permit.