Equity Undertaking definition

Equity Undertaking means the undertaking executed by the Poseidon Shareholders in favour of the Security Trustee pursuant to the terms of the Original Agreement in relation to the Shareholders’ Equity, in Agreed Form;
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Equity Undertaking means the undertaking of the Guarantor set out in Clause 16.1.
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Equity Undertaking means the equity undertaking issued by the Transaction Obligors to the Issuer and the Security Agent under which the issuers of such Equity Undertaking undertake to call the limited partners’ equity commitment under the partnership agreement of the Guarantor, in an aggregate maximum amount of EUR 15,000,000.
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Examples of Equity Undertaking in a sentence

  • The Developer shall procure that the Shareholders Equity Undertaking contains provisions giving effect to the provisions of Clauses 33.1 and 33.2.

  • Indeed, 45% of the publications written by GTL authors had at least one Georgia Tech affiliated co-author.

  • Government of India support agreement, respective State Government Support Agreement, respective State Government Guarantee, Government clearances in respect of several obligation to be carried out by the Company, concerned IPP’s Equity Undertaking and direct agreement between the Company and Lender party to the Financing Agreements and Financial close, etc.

  • On 2001 November 21, the Government of Jamaica, through NROCC (the Grantor), and Bouygues, through its subsidiary company Trans-Jamaica Highway Limited (the Developer), signed the Concession, Implementation Agreements and the Shareholders Equity Undertaking for the Highway 2000 project.

  • The Sponsor has the resources to provide the equity under the Shareholders Equity Undertaking in due time under the Shareholders Equity Undertaking.

  • The Guarantor shall pay to the Security Trustee on its demand the amount of all expenses incurred by the Security Trustee or any other Creditor Party in connection with any matter arising out of this Guarantee, the Equity Undertaking or any Security Interest connected with this Guarantee, including any advice, claim or proceedings relating to this Guarantee, the Equity Undertaking or any Security Interest connected with this Guarantee.

  • The Issuer undertakes to call the Equity Undertaking to the extent required to finance the payment of any Project Costs, including remedy of any Cost Overrun, and any working capital purposes.

  • The Borrowers shall promptly pay any tax payable on or by reference to any Finance Document and the Equity Undertaking, and shall, on the Agent’s demand, fully indemnify each Creditor Party against any claims, expenses, liabilities and losses resulting from any failure or delay by the Borrowers to pay such a tax.

Related to Equity Undertaking

  • Confidentiality Undertaking means a confidentiality undertaking in substantially the appropriate form recommended by the LMA from time to time or in any other form agreed between the Borrowers and the Facility Agent.

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

  • Standard Securitization Undertakings means all representations, warranties, covenants, indemnities, performance Guarantees and servicing obligations entered into by the Parent or any Subsidiary (other than a Receivables Subsidiary), which are customary in connection with any financing of accounts receivable.

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