Examples of Irrevocable Undertaking in a sentence
The Committed Shareholder has irrevocably undertaken to the Company and the Joint Underwriters that, among other things, it will subscribe or procure the subscription for the Undertaken Shares to be provisionally allotted to it (which comprise the full acceptance of its aggregate provisional entitlement in respect of the Committed Shareholder Irrevocable Undertaking Shares), subject to the terms and conditions of the Rights Issue.
Save for the Committed Shareholder Irrevocable Undertaking as stated above, the Company has not received any information or irrevocable undertakings from any other Shareholders of their intention in relation to the Rights Shares to be provisionally allotted to them under the Rights Issue as at the date of this announcement.