Examples of Deed of Undertaking in a sentence
NOW THIS UNDERTAKING WITNESSETH AS UNDER: In consideration of the above premises and agreements all the parties of this Deed of Undertaking do hereby declare and undertake: 1.
In this Deed of Undertaking, all of the Manager’s undertakings to the Company shall be made to any parent companies, subsidiaries, sister companies and related companies to the Company, directly or indirectly, and the substitutes or transferees of such companies.
The Manager declares that in the performance of his undertakings under this Deed of Undertaking, and his function as an employee of the Company, he is not in breach of any undertaking regarding the assignment of inventions, non-competition, confidentiality or any similar undertaking towards, or right of, any previous employer (including any academic institution or any related entity).
As above, the initial term of both the Deed of Undertaking and the Portfolio Swap is four years (which is subject to the Early Termination provision below in relation to the Deed of Undertaking), but the Sub-Fund will endeavour to extend the term periodically.
In case of bidding by a Consortium, the consortium partners shall necessarily identify a leader of the Consortium who will furnish the Consortium Agreement and the consortium partners shall execute a Joint Deed of Undertaking in which the partners are jointly and severally liable to the Owner for successful performance of the contract.