Examples of Irrevocable Undertakings in a sentence
Except for the Irrevocable Undertakings and the SPAs referred to in paragraph 12, no arrangement exists between Bidco or Cambria or any person acting in concert with Bidco or Cambria in relation to Scheme Shares.
Each of the Irrevocable Undertakings cease to be binding if the Scheme Document is not published within 28 days of the date of this Announcement.
As mentioned above, the Acceptance Condition will be fulfilled upon the acceptance of the Offer by the Undertaking Shareholders in respect of all and not some only of their respective Relevant Shares pursuant to their respective Irrevocable Undertakings, and accordingly, the Offeror will be entitled to exercise its rights of compulsory acquisition under Section 215(1) of the Companies Act.
Please refer to paragraph 1(f) of Part X of this Offer Information Statement for further details on the Irrevocable Undertakings.
Assuming the Founders and the Thirlwell Family Trust elect for the Partial Share Alternative in the proportions in which each of them has undertaken to do pursuant to the Founder Irrevocable Undertakings and the Family Trust Irrevocable Undertaking for the Thirlwell Family Trust, it is expected that Partial Share Alternative Maximum will be met.