Irrevocable undertaking meaning
WebNov 2, 2024 · In the paper IPUs are described as irrevocable (rather than independent ) payment undertakings. They are not to be replacements for promissory notes. The paper … Web/ˌʌndərˈteɪkɪŋ/ [countable] a task or project, especially one that is important and/or difficult synonym venture He is interested in buying the club as a commercial undertaking. In those days, the trip across country was a dangerous undertaking. the first joint undertaking of the two societies Oxford Collocations Dictionary Join us
Irrevocable undertaking meaning
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WebOct 20, 2024 · Irrevocable undertaking —shareholder—takeover offer The Directors [ insert offeror's name] ( [ Offeror ]) [ insert address] [ and] [ The Directors] [ [ insert name of financial adviser] (the Adviser) [ insert address]] [ insert date] Dear Directors Proposed offer for [ name of offeree] ( [ Offeree ]) WebTerms in the POLICY which are written in capital letters shall have the meaning set forth in Clause 15 entitled DEFINITIONS. 3 Policy Objectives . ... owner to give within three months an irrevocable undertaking in writing that it is prepared to grant irrevocable licences on fair, reasonable and nondiscriminatory ("FRAND") terms and -
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 … Webirrevocable definition: 1. impossible to change: 2. impossible to change: 3. (esp. of a decision) impossible to change: . Learn more.
WebAug 24, 2024 · The term “irrevocable” implies that a guaranty may not be rescinded by a guarantor. Its usage in guaranties is thought to be derived from the convention governing … WebIrrevocable undertaking. Also known as an irrevocable commitment or a lock-up. A binding agreement by a target shareholder to accept a takeover offer or vote in favour of a …
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WebA 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 … eas-fivemWebIrrevocable mortgage deed - Nepali translation, definition, meaning, synonyms, pronunciation, transcription, antonyms, examples. English - Nepali Translator. easf interpolWebOn 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 ... eas fire safetyWebJan 28, 2024 · CPU is a buyer-led initiative which falls under the category of payable finance, without the requirement of the assignment of the underlying receivable to the financial institution, relying completely on the buyer’s irrevocable payment undertaking,” Peter Mulroy, Secretary General at FCI told TFG. eas fire alarmWebIRREVOCABLE. That which cannot be revoked. 2. A will may at all times be revoked by the same person who made it, he having a disposing mind; but the moment the testator is … ctu veterinary medicineWebIrrevocable undertakings to accept an offer are normally sought by an offeror from significant offeree shareholders immediately before the announcement of a firm intention to make an offer ( Rule 2.7 announcement ), so as to secure as much comfort as possible that the offer will be successful. ctu virtual hooding cermonyWebSep 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. eas fire warning