Irrevocable undertaking meaning

WebSep 2, 2015 · Irrevocable. Revocable undertakings A revocable undertaking is a promise or pledge that may be retracted at any time by the person who has provided it. However, when the undertaking is revoked, there is a risk being litigation and the potential allocation of costs being granted against the party who revoked the undertaking. WebOn 15 February 2024, the Parties entered into the “Agreement on the Irrevocable Undertaking” (the Irrevocable Undertaking), where the Bidder inter alia undertakes to make a voluntary public takeover offer within the meaning of Section 29 para. 1 of the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz ...

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WebIrrevocable undertakings. (a) The WMVL Shareholders Irrevocable Undertakings On 28 April 2024, each of the WMVL Shareholders has given an irrevocable undertaking in favor of … WebWhat does Irrevocable undertaking mean? In the context of an equity fundraising, a binding agreement given by a shareholder to vote in favour of a transaction and/or to subscribe … church of the guardian angels newtownpark https://perfectaimmg.com

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WebFeb 18, 2024 · An IIPU, at least in theory, is a promise to pay that is an independent obligation of the Buyer, separate and unrelated to the validity, enforceability, performance, or even the existence of the... WebIrrevocable has a formal sound to it and is often used in legal contexts. Irrevocable trusts are trust funds that cannot be dissolved by the people who created them (the other kind is a revocable trust). An irrevocable credit is an absolute obligation from a bank to provide … WebNov 27, 2024 · An irrevocable beneficiary is a person or entity designated to receive the assets in a life insurance policy or a segregated fund contract. An irrevocable beneficiary … dewell tracking

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Irrevocable undertaking meaning

Irrevocable - definition of irrevocable by The Free Dictionary

Webirrevocable meaning: 1. impossible to change: 2. impossible to change: 3. (esp. of a decision) impossible to change: . Learn more. Weblock-ups — irrevocable undertaking Also known as a lock up. A binding agreement by a target shareholder to accept a takeover offer. An irrevocable undertaking may be either hard (binding in all circumstances), soft (ceases to be binding if a higher offer… … Law dictionary lock-up — irrevocable undertaking Also known as a lock up.

Irrevocable undertaking meaning

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WebFeb 11, 2024 · The legal definition of “FRAND undertaking” has been disputed for many years. The ETSI rules are governed by French law, but this question has never been referred to the French courts, while legal analysis of the meaning in the UK and Germany has reached divergent conclusions. ... (ETSI) where the promisor irrevocably undertook to grant ... Webirrevocable definition: 1. impossible to change: 2. impossible to change: 3. (esp. of a decision) impossible to change: . Learn more.

WebMay 27, 2024 · A documentary credit is an irrevocable undertaking issued by a bank named (issuing bank) that undertakes to make payment to a seller named (the beneficiary), provided that a complying presentation is made. ‘UCP 600’ The rules governing documentary credits define ‘credit’ as follows: Webundertaking (the “Undertaking”) sets out the terms and conditions on which we will accept the Offer when it is made. In this Undertaking: “ 2014 Final Dividend ” has the meaning given to it in the Announcement; “ Acceptance Condition ” means the acceptance condition to the Offer as set out in paragraph 1(a) of Appendix 1 to the ...

WebThe corporate payment undertaking is intended, subject to relevant jurisdiction specific legal advice, to serve as a contractual mechanism (unconditional and irrevocable undertaking) … WebIrrevocable Undertaking and Direction means an undertaking and direction executed by the Borrower in favour of the Lender, in form and content satisfactory to the Lender, acting …

WebDeed of irrevocable undertaking relating to the strategic combination of the businesses of Laguna and Ortho Clinical Diagnostics Holdings plc (“Orca”) ... specified Person, including any partner, officer, director or member of the specified Person. For the purposes of this definition, “control” (including, with its correlative meanings ...

WebIrrevocable mortgage deed - Nepali translation, definition, meaning, synonyms, pronunciation, transcription, antonyms, examples. English - Nepali Translator. dewell luxury apartmentsWebOct 20, 2024 · Irrevocable undertaking definition What does Irrevocable undertaking mean? In the context of an equity fundraising, a binding agreement given by a shareholder to vote … church of the harvest evansvilleWebIrrevocable undertaking: secondary issues. A form of irrevocable undertaking for use by either large shareholders or directors in connection with a rights issue (or, with appropriate amendments, other secondary issue). An irrevocable undertaking will generally be addressed to both the company and the sponsor. church of the harvest alexandria mnWebIrrevocable undertaking to pay - Nepali translation, definition, meaning, synonyms, pronunciation, transcription, antonyms, examples. English - Nepali Translator. church of the harvest clarence mcclendonWebNov 13, 2024 · Such an undertaking is considered as irrevocable. In essence, this means that documentary credits can only be amended or cancelled with the agreement of the beneficiary and, if one is in place, the confirming bank. By default, a credit is irrevocable even if there is no indication to that effect. church of the harvest cleveland tnWebA Guarantee is irrevocable, meaning that once issued it cannot be amended nor cancelled during its validity period without the consent of the parties, i.e. the Guarantor and/or the … church of the harvest citrus heights caWebIrrevocable definition, not to be revoked or recalled; unable to be repealed or annulled; unalterable: an irrevocable decree. See more. de well shipping container