Parent Undertakings definition

Parent Undertakings means the Parent Undertaking (Servicer) and the Parent Undertaking (Originators).
Sample 1Sample 2
Parent Undertakings means the undertakings of the Parent made in a separate letter for the benefit of the Issuer as described in Clause 13 (Parent Undertakings).
Sample 1Sample 2
Parent Undertakings is as defined in Section 14.
Sample 1

Examples of Parent Undertakings in a sentence

  • The Parent Undertaking's registered office is situated in Wrocław, Poland, at ul.

  • The Parent, by its signature below, hereby confirms and agrees that notwithstanding the effectiveness of this Amendment Agreement, the Parent Undertakings shall continue to be in full force and effect and shall apply to the Agreement as amended as contemplated by this Amendment Agreement, and the Parent Undertakings are hereby ratified and confirmed.

  • Draft Statement of Policy – Para 22For similar reasons outlined above in respect of paragraph 9(g), member firms believe that the use of the Power of Direction Over Qualifying Parent Undertakings is not likely to be the most efficient method of achieving a desired outcome in “stressed circumstances” where time is considered critical.

  • Group Undertaking: the Company, any of its Subsidiary Undertakings and Parent Undertakings from time to time and any Subsidiary Undertakings of any Parent Undertakings from time to time.

  • On 15 June 2023, the Ultimate Parent Undertaking's shareholders approved an amendment to company's articles of Incorporation, as amended, changing the Ultimate Parent Undertaking's name from World Fuel Services Corporation to World Kinect Corporation.

  • Interest-bearing bank loans and borrowings Current liabilities under loans and borrowings31.03.2011Dec 31 2010Bank loan9,2027,481- outstanding amount9,2027,481Current liabilities under loans and borrowings9,2027,481 As at March 31st 2011, the Parent Undertaking's liabilities under loans related to its brokerage business amounted to PLN 9,202 thousand, compared with PLN 7,481 thousand as at December 31st 2010.

  • Changes in the accounting estimates are presented prospectively, starting from the reporting period in which the estimate is changed.In the opinion of the Parent Undertaking's Management Board, there are no facts or circumstances which could pose a significant threat to the consolidated companies of the Group continuing as going concerns.

  • The representations, warranties, covenants and agreements of Parent set forth in this Agreement (herein called the "Parent Undertakings"), shall survive the Closing and shall not be affected, modified, diminished or released by the Closing, except as provided in this Section.

  • The Parent Undertaking's primary activity is:• PKD 64.20.Z Activities of financial holding companiesThe subsidiaries' primary activity is the carrying out of construction projects on the land belonging to these companies, for the purpose of the further rental and sale of residential and commercial property.LC Corp B.V., controlled by Mr Leszek Czarnecki, is the Parent Undertaking of LC Corp S.A. and the whole Group.

  • We also exclude firm-year observations missing any data in Worldscope needed to construct our outcome variables or full set of firm-level control variables.


More Definitions of Parent Undertakings

Parent Undertakings means two or more contracting authorities acting jointly that would, if they were a single undertaking, be a parent undertaking.
Sample 1

Related to Parent Undertakings

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

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

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

  • subsidiary undertaking means an undertaking controlled by a parent undertaking, including any subsidiary undertaking of an ultimate parent undertaking;

  • Undertakings as references to obligations under this Framework Agreement;

  • 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;

  • financial undertaking means any of the following entities:

  • 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.

  • 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.

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

  • 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.

  • group of undertakings means a controlling undertaking and its controlled undertakings;

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

  • Specified Merger Agreement Representations means such of the representations and warranties made with respect to the Company and its Subsidiaries by the Company in the Merger Agreement to the extent a breach of such representations and warranties is material to the interests of the Lenders.

  • Fundamental Representations and Warranties means the representations and warranties contained in Sections 3.1, 3.2, 3.6, 4.1 and 4.

  • Acquisition Agreement Representations means the representations and warranties with respect to the Companies made by the Seller in the Acquisition Agreement to the extent a breach of such representations and warranties is material to the interests of the Lenders, but only to the extent that the Borrower or its Affiliates have the right to terminate its or their obligations under the Acquisition Agreement (or decline to consummate the Rockwood Acquisition) as a result of a breach of such representations in the Acquisition Agreement.

  • Manager’s Undertakings means the undertakings, provided by the Manager respecting the Vessel, including, inter alia, a statement satisfactory to the Facility Agent that any lien in favor of the Manager respecting the Vessel is subject and subordinate to the Vessel Mortgage in substantially the form attached to the Assignment of Management Agreements or otherwise reasonably satisfactory to the Facility Agent.

  • Special Purpose Financing Undertakings means representations, warranties, covenants, indemnities, guarantees of performance and (subject to clause (y) of the proviso below) other agreements and undertakings entered into or provided by the Company or any of its Restricted Subsidiaries that the Company determines in good faith (which determination shall be conclusive) are customary or otherwise necessary or advisable in connection with a Special Purpose Financing or a Financing Disposition; provided that (x) it is understood that Special Purpose Financing Undertakings may consist of or include (i) reimbursement and other obligations in respect of notes, letters of credit, surety bonds and similar instruments provided for credit enhancement purposes or (ii) Hedging Obligations, or other obligations relating to Interest Rate Agreements, Currency Agreements or Commodities Agreements entered into by the Company or any Restricted Subsidiary, in respect of any Special Purpose Financing or Financing Disposition, and (y) subject to the preceding clause (x), any such other agreements and undertakings shall not include any Guarantee of Indebtedness of a Special Purpose Subsidiary by the Company or a Restricted Subsidiary that is not a Special Purpose Subsidiary.

  • statutory undertakers means persons authorised by any law to carry on any road transport, water transport, dock, harbour or pier undertakings or any undertaking for the supply of electricity, water, telephonic, telegraphic, sewerage or quarrying services and “statutory undertaking” has a corresponding meaning;

  • statutory undertaker means a person who is or is deemed to be a statutory undertaker for the purposes of any provision of Part 11 of the Town and Country Planning Act 1990.

  • Qualified Independent Underwriter means a “qualified independent underwriter” within the meaning of FINRA Rule 5121.

  • ancillary services undertaking means an undertaking the principal activity of which consists in owning or managing property, managing data-processing services, or any other similar activity which is ancillary to the principal activity of one or more credit institutions;

  • Additional Agreement has the meaning assigned to such term in Article 8.

  • Excluded Representations means the representations and warranties set forth in clause (iii) of Section 4.01(e) and in Section 4.01(f).

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

  • Existing Confidentiality Agreement has the meaning set forth in Section 4.01.