Acceptable Undertaking definition

Acceptable Undertaking shall have the meaning assigned to such term in the definition of “Collateral and Guarantee Requirement”.
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Acceptable Undertaking means a solicitor’s undertaking from Ropes & Xxxx LLP (London office) or a firm of solicitors regulated by the Solicitors Regulation Authority and approved for this purpose by the Buyer and in form and substance reasonably satisfactory to the Buyer.
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Acceptable Undertaking means an undertaking in the form of the "Acceptable Form of Financial Institution Undertaking" forming Attachments 1 and 2 to this policy which Council has accepted as an undertaking in accordance with this policy.
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Examples of Acceptable Undertaking in a sentence

  • Council may accept, at its sole discretion, by way of an Acceptable Undertaking in lieu of cash, security for the recoupment of any cost Council may incur in satisfying any obligation, by any person, under any agreement with, or approval granted by Council.


More Definitions of Acceptable Undertaking

Acceptable Undertaking means the undertaking by the Purchaser and its Affiliates to take any of the following actions or commitments: (a) to ensure that the Corlieve Intellectual Property remains available for use in France by Corlieve; (b) to cause Corlieve to (i) file in France any patent application relating to a patentable invention developed by Corlieve for the purposes of its activities, without prejudice to the ability of Corlieve to additionally register such patent(s) in any territory other than France, and (ii) ensure that Patents filed pursuant to subparagraph (i) remain available for use in France by Corlieve; (c) to maintain Corlieve’s registered office in France and substantially the same level of human resources and equipment in France to continue operating the Business for a period of not more than two years from Closing; and (d) to grant the French Ministry of Economy, Finance and Recovery (Ministère de l’Economie, des Finances et de la Relance) with information, audit and access rights customarily required for the purpose of monitoring the above undertakings, provided that such rights do not unreasonably disrupt the normal operations of Corlieve.
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Acceptable Undertaking means a solicitor’s undertaking from Ropes & Gray LLP (London office) or a firm of solicitors regulated by the Solicitors Regulation Authority and approved for this purpose by the Buyer and in form and substance reasonably satisfactory to the Buyer.
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Related to Acceptable Undertaking

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

  • Disclosure Undertaking means the Continuing Disclosure Undertaking, dated as of the Dated Date, relating to certain obligations contained in the SEC Rule.

  • insurance undertaking means insurance undertaking as defined in point (1) of Article 13 of Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) (1);

  • 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.

  • Group Undertaking means the Company or another undertaking in the group;

  • Standard Securitization Undertakings means representations, warranties, covenants and indemnities entered into by the Borrower or any Subsidiary of the Borrower that are customary in a Securitization Financing.

  • reinsurance undertaking means reinsurance undertaking as defined in point (4) of Article 13 of Directive 2009/138/EC;

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

  • Letter of Undertaking means the letter of undertaking from, amongst others, the Issuer and its Managing Directors to the Initial Purchaser, Investment Manager and the Trustee.

  • railway undertaking means any public or private undertaking licensed according to this Directive, the principal business of which is to provide services for the transport of goods and/or passengers by rail with a requirement that the undertaking ensure traction; this also includes undertakings which provide traction only;

  • Acceptable Counterparty means any counterparty to the Interest Rate Cap Agreement that has and shall maintain, until the expiration of the applicable Interest Rate Cap Agreement, a long-term unsecured debt rating of at least “A+” by S&P and “Aa3” from Xxxxx’x, which rating shall not include a “t” or otherwise reflect a termination risk and is otherwise reasonably acceptable to Lender.

  • Performance Undertaking means that certain Performance Undertaking, dated as of May 10, 2002, by Performance Provider in favor of Seller, substantially in the form of Exhibit XI, as the same may be amended, restated, supplemented or otherwise modified from time to time.

  • Affidavit and Undertaking means the affidavit and undertaking provided by the Bidder substantially in form and manner as annexed in Annexure I hereto;

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

  • related undertaking means any undertaking in which any person has a

  • Undertaking means any natural or legal person, whether profit-making or not, or any official body whether having its own personality or not;

  • Confidentiality Undertaking means a confidentiality undertaking substantially in a recommended form of the LMA or in any other form agreed between the Borrower and the Agent.

  • financial undertaking means any of the following entities:

  • Notice of Replacement Subordination Agent has the meaning specified in Section 3.08.

  • Acceptable Waste means ordinary household, municipal, institutional, commercial and industrial Solid Waste including, but not limited to, the following:

  • Acceptable Flag Jurisdiction means the Bahamas, Bermuda, Panama, the Xxxxxxxx Islands, the United States or such other flag jurisdiction as may be acceptable to the Required Lenders in their reasonable discretion.

  • Approved Manager’s Undertaking means, in relation to each Ship, a letter of undertaking executed by the Approved Manager in favour of the Security Trustee in the Agreed Form agreeing certain matters in relation to the Approved Manager serving as the manager of that Ship and subordinating the rights of the Approved Manager against such Ship and the relevant Borrower to the rights of the Security Trustee under the Finance Documents;

  • Acceptable Bank means (a) a bank or financial institution which has a rating for its long-term unsecured and non credit-enhanced debt obligations of A- or higher by S&P or A2 or higher by Moody's or a comparable rating from an internationally recognized credit rating agency; or (b) any other bank or financial institution approved by each Agent.

  • Acceptable Letter of Credit means a standby letter of credit, issued by a bank or financial institution acceptable to Bank in its Permitted Discretion, in form and substance satisfactory to Bank in its Permitted Discretion, in an amount equal to 105% of the Letter of Credit Usage, naming Bank as beneficiary to reimburse payments of drafts drawn under outstanding Letters of Credit.

  • Acceptable means the Authority has reviewed the method, procedure, or policy and has neither objected to nor approved its proposed use or implementation.

  • Agreement has the meaning set forth in the preamble.