Irrevocable undertaking meaning

Author: gzho

August undefined, 2024

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 ... 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 …

undertaking noun - Definition, pictures, pronunciation and usage …

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 … 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 … litefinance for pc

International Bank for Economic Co-operation IBEC - Financial ...

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. Webirrevocable. adjective. That cannot be revoked or undone: irreversible, unalterable. Idiom: beyond recall. The American Heritage® Roget's Thesaurus. Copyright © 2013, 2014 by … WebJan 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. imperium addicting games

Irrevocable undertaking: secondary issues Practical Law

Irrevocable trust: Nepali translation, definition, meaning, synonyms …

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. WebIrrevocable definition, not to be revoked or recalled; unable to be repealed or annulled; unalterable: an irrevocable decree. See more. imperium airsoft siteWebExhibit 2.6 . AMENDMENT TO IRREVOCABLE UNDERTAKING . THIS AMENDMENT, dated as of November 6, 2015 (this “Amendment”), to the Irrevocable Undertaking, dated as of August 6, 2015 (the “Irrevocable Undertaking”), by and among CF Industries Holdings, Inc., a Delaware corporation (“Cambridge”), OCI N.V., a public company with limited liability … imperium airsoft ground war

"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 ]) " - Irrevocable undertaking meaning

Irrevocable undertaking meaning

Undertaking Letter Format, Samples and How To Write an Undertaking …

WebIrrevocable Undertaking means an irrevocable undertaking granted by a Shareholder to accept the Offer in respect of the Shareholder ’s shareholding immediately following the … WebIrrevocable mortgage deed - Nepali translation, definition, meaning, synonyms, pronunciation, transcription, antonyms, examples. English - Nepali Translator.

Did you know?

WebThe receivable could be just something that arises under an invoice that is assigned to the debt purchaser. There could be a notice on the invoice to pay the financer with payment to a designated account. Where there is a supply chain financing that is ‘buyer-led’ then the buyer undertakes to pay approved invoices to whoever owns the receivable. WebA 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 …

WebIt is irrevocable undertaking meaning, if the beneficiary complies to the terms of the LC, the issuing bank is bound to pay. Suppose there is a dispute between buyer and seller over quality of goods and seller has presented complying documents to issuing bank, buyer cannot stop issuing bank from making payment and the dispute needs to be ... 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:

WebIrrevocable undertaking to pay - Nepali translation, definition, meaning, synonyms, pronunciation, transcription, antonyms, examples. English - Nepali Translator. http://supplychainfinanceforum.org/techniques/corporate-payment-undertaking/

WebMar 15, 2024 · Undertaking Letter Meaning: An undertaking letter or a letter of undertaking is a formal document, but not necessarily a contract that provides assurance from one party to another to fulfill an obligation. It is mostly used from a business perspective, to fulfill some deeds or work for a business and in return, getting paid for it.

WebOct 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 … imperium accountingWebFeb 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 ... imperium absynthWebAug 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 … litefinance trading regirtrase litefinance telechargerWebJun 4, 2024 · “ Reimbursement Undertaking ” means a separate irrevocable undertaking of the reimbursing bank, issued upon the authorization or request of the issuing bank, to the claiming bank named in the reimbursement authorization, to honour that bank’s reimbursement claim, provided the terms and conditions of the reimbursement … litefire downloadWebOn 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 ... litefirewallw.dllWebTerms 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 - litefire insulation