Undertaking Parties definition

Undertaking Parties means Diamond Resorts Corporation, Diamond Resorts Holdings, LLC and Diamond Resorts Parent, LLC.
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Undertaking Parties means Diamond Resorts Corporation, Diamond Resorts Holdings, LLC and Holdings.
Sample 1

Examples of Undertaking Parties in a sentence

  • On 29 December 2020, the Company also entered into the Performance Compensation Agreement with the Undertaking Parties, Huang Xiaofeng and Tao Feng.

  • By executing this Agreement, the Parent Undertaking Parties, the U.S. Originators and the Seller agree to be bound by the provisions hereof (i) as they relate to the relative rights of the Bank Agent with respect to the property of the Parent Undertaking Parties and the U.S. Originators and (ii) as they relate to the relative rights of the U.S. Originators and the Program Agent as creditors of the Seller.

  • Should the performance of the Target Company fail to achieve the Guaranteed Profits, Profit Compensation is required to be made by the Undertaking Parties.

  • The amount of Profit Compensation shall be satisfied in the following manner: (a) the Undertaking Parties shall compensate the Company by their respective Consideration Shares received under the Asset Acquisition Agreement, at the issue price, as Compensation Shares; and (b) in the event where the value of the Compensation Shares is insufficient to settle the amount Profit Compensation for the year, the shortfall shall be satisfied by Cash Compensation by the Undertaking Parties.

  • If the impairment loss of the Target Assets exceeds the amount of Profit Compensation paid by the Undertaking Parties to the Company for the corresponding Profit Guarantee Period, the Undertaking Parties shall indemnify the Company for such difference.

  • The successors and assigns for the Parent Undertaking Parties, the U.S. Originators and the Seller shall include a debtor-in-possession or trustee of or for such party.

  • On 16 June 2021, each of the Undertaking Shareholders and the Undertaking Parties gave the Irrevocable Undertaking in favour of the Offeror.

  • The successors and assigns for the Parent Undertaking Parties, the Originators and the Seller shall include a debtor-in-possession or trustee of or for such party.

  • The Undertaking Parties together with Huang Xiaofeng and Tao Feng undertook to assume joint and several liability of the Cash Compensation of the Undertaking Parties to indemnify the Company.

  • The Undertaking Parties, Huang Xiaofeng and Tao Feng undertook to assume joint and several liability to indemnify the Company with respect to Profit Compensation.

Related to Undertaking Parties

  • Disclosure Undertaking means the Issuer’s master undertaking to provide ongoing disclosure relating to certain obligations contained in the SEC Rule in connection with the general obligation notes of the Issuer issued after February 27, 2019, as implemented by Ordinance Number 50-933 of the Issuer.

  • Undertaking Letter The letter in substantially the form set forth in Exhibit C of the Trust Agreement.

  • Financing Parties means Parties financing the Project, pursuant to Financing Documents.

  • 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.

  • Certification Parties As defined in Section 11.09.

  • Indemnification Agreements has the meaning set forth in Section 2.5.

  • Investor Parties has the meaning set forth in the Preamble.

  • Contractor Parties means a Contractor’s members, directors, officers, shareholders, partners, managers, principal officers, representatives, agents, servants, consultants, employees or any one of them or any other person or entity with whom the Contractor is in privity of oral or written contract (e.g. subcontractor) and the Contractor intends for such other person or entity to perform under the Contract in any capacity. For the purpose of this Contract, vendors of support services, not otherwise known as human service providers or educators, shall not be considered subcontractors, e.g. lawn care, unless such activity is considered part of a training, vocational or educational program.

  • Parent Indemnified Parties has the meaning set forth in Section 9.2(a).

  • Indemnifier means any Party obligated to provide indemnification under this Agreement;

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

  • Selling Parties shall have the meaning specified in the preamble.

  • Settling Parties means, collectively, Plaintiffs, all Settlement Class Members, and Defendants.

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

  • Contracting Parties has the meaning set forth in Section 9.14.

  • Indemnified Parties has the meaning set forth in Section 8.2.

  • Transaction Parties As defined in Section 5.3(o).

  • Company Indemnified Parties has the meaning specified in Section 7.8(a).

  • Indemnification Agreement shall have the meaning set forth in Article XVII.

  • Purchaser Parties means, collectively, the Purchasers and any of their respective former, current or future directors, officers, employees, agents, general or limited partners, managers, members, stockholders, Affiliates or assignees or any former, current or future director, officer, employee, agent, general or limited partner, manager, member, stockholder, Affiliate or assignee of any of the foregoing.

  • Continuing Disclosure Undertaking means the Continuing Disclosure Undertaking of the Issuer, in substantially the form attached hereto as Exhibit 1, dated the Closing Date, for the purpose of providing continuing disclosure information under Rule 15c2-12 adopted by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as may be amended from time to time.

  • Warrantors means the Founders, the Founder Holdcos and the Group Companies.

  • Confidentiality Agreements has the meaning set forth in Section 5(d).

  • Initial Guarantors shall have the meaning set forth in the preamble.

  • Buyer Parties means Buyer, its Affiliates, their members, officers, directors, employees, agents, representatives, successors, and assigns.

  • Existing Confidentiality Agreement shall have the meaning set forth in Section 6.6.