Shareholders Undertaking definition

Shareholders Undertaking means an agreement between (1) the Borrower, (2) the Shareholders and (3) the Agent, substantially in the form of Appendix B (or in such other form as may be approved by the Agent and the Banks);
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Shareholders Undertaking means the Deed of Undertaking dated as of the Initial Closing Date among Codan Trust Company Limited, solely in its capacity as trustee of Aircraft Lease Securitisation II Purpose Trust (as the Charitable Trustee), AerVenture Leasing, the Issuer, the Trustee and the Class A-1 Funding Agent.
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Shareholders Undertaking means the agreement in form and substance satisfactory to the Lenders entered into on or about the date of this Agreement between the Shareholders, the Borrower and the Security Agent, as security for the Secured Liabilities containing inter alia the undertakings from the Shareholders as set out in Schedule 12;
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Examples of Shareholders Undertaking in a sentence

  • All references in this Supplemental Undertaking to the Shareholders Undertaking shall be to the Shareholders Undertaking as amended, supplemented or modified by the First Supplemental Undertaking.

  • The New Lender confirms (i) that it becomes a party to the Security Pooling Agreement and the Shareholders Undertaking Agreement by virtue of the assignment and assumption hereunder and (ii) that it is bound by, and entitled to all benefits arising from, the provisions of such agreements as if it had been an original party to such agreements.

  • All terms and references used in the Shareholders Undertaking and which are defined or construed in the Shareholders Undertaking but are not defined or construed in this Supplemental Undertaking shall have the same meaning and construction in this Supplemental Undertaking.

  • The parties agree that the Shareholders Undertaking shall, with effect on and from the Effective Date, be amended and restated in the form of the Restated Shareholders Undertaking so that the rights and obligations of the parties to this Supplemental Undertaking under the Shareholders Undertaking shall, on and after the Effective Date, be governed by, and construed in accordance with, the Restated Shareholders Undertaking.

  • The Buyer shall have delivered an executed copy of the Shareholder's Undertaking, dated as of the Closing Date, in the form attached as Exhibit C hereto.

  • Pursuant to the Shareholders Undertaking, the Existing Shareholders agreed to undertake certain obligations in favour of the Agent and the Banks, upon the terms and subject to the conditions of the Shareholders Undertaking.

  • The Contractor and Guarantor agree that if at any time the Contractor requests payment security pursuant to section 648a of the German Civil Code (as the same may be amended from time to time) any obligations of the Owner pursuant to such section shall be fulfilled by the Guarantor in accordance with the terms of the Shareholders Undertaking Agreement and shall be a full discharge of the Owner's obligations thereunder.

  • The Seller's Major Shareholders Undertaking shall include a financial investment in the area of online dating, or personals, on the Internet in excess of 5% of the beneficial interest of any company or venture.

  • Both shareholders have issued the “Substantial Shareholders Undertaking Letters” to the Bank and undertaken to perform their duties as substantial shareholders in accordance with regulatory requirements.

  • Certain Shareholders ("Undertaking Shareholders") have each given separate irrevocable undertakings to the Offeror (collectively, the "Irrevocable Undertakings") to, inter alia, vote, or procure the voting of, the Shares set out in the respective Irrevocable Undertakings, in favour of the Scheme at the Court Meeting, on and subject to the terms set out in their respective Irrevocable Undertakings.


More Definitions of Shareholders Undertaking

Shareholders Undertaking means the Shareholders Undertaking dated as of the Initial Closing Date among Mourant & Co. Trustees Limited (as the Charitable Trustee), Juris Limited, Lively Limited, AerCap Ireland, the Issuer, the Trustee and the Policy Provider, as amended by an Amendment Agreement dated as of the Second Closing Date.
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Shareholders Undertaking means the shareholders undertaking dated 1st July, 1998 made between (1) the Borrower, (2) Chartered Semiconductor Manufacturing Ltd, EDB Investments Pte Ltd and Hewlett-Packard Europe B.V., as shareholders, and (3) the Agent; and
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Shareholders Undertaking means the Shareholder’s undertaking dated the same date as this Agreement from the Shareholder and the Borrower to the Finance Parties.
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Shareholders Undertaking an undertaking substantially in the terms set forth in "Annexure A"
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Related to Shareholders Undertaking

  • Manager’s Undertaking means, in relation to a Ship, the letter of undertaking from its Approved Technical Manager and the letter of undertaking from its Approved Commercial Manager subordinating the rights of such Approved Technical Manager and such Approved Commercial Manager respectively against that Ship and the relevant Borrower to the rights of the Finance Parties in agreed form.

  • 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.

  • Approved Manager’s Undertaking means, in relation to each Ship, a letter of undertaking executed by the Approved Manager in favour of the Security Trustee in the Agreed Form agreeing certain matters in relation to the Approved Manager serving as the manager of that Ship and subordinating the rights of the Approved Manager against such Ship and the relevant Borrower to the rights of the Security Trustee under the Finance Documents;

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

  • Shareholders Agreement has the meaning set forth in the recitals.

  • Shareholders' Agreements shall have the meaning provided in Section 5.05.

  • unanimous shareholder agreement means either: (i) a lawful written agreement among all the shareholders of the Corporation, or among all the shareholders and one or more persons who are not shareholders; or (ii) a written declaration of the registered owner of all of the issued shares of the Corporation; in each case, that restricts, in whole or in part, the powers of the directors to manage, or supervise the management of the business and affairs of the Corporation, as from time to time amended.

  • Overseas Shareholders holders of Scheme Shares who are resident in, ordinarily resident in, or citizens of, jurisdictions outside the United Kingdom;

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

  • 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;

  • Securityholders Agreement means the Securityholders Agreement of even date herewith among the Company and certain of its securityholders, as amended from time to time pursuant to its terms.

  • Standard Receivables Undertakings means representations, warranties, covenants and indemnities entered into by the Company or any Subsidiary of the Company which are customary in a Qualified Receivables Transaction, including, without limitation, those relating to the servicing of the assets of a Receivables Entity, it being understood that any Receivables Repurchase Obligation shall be deemed to be a Standard Receivables Undertaking.

  • Stockholders Agreement means the Stockholders Agreement, dated as of the date hereof, by and among the Company and the other parties thereto.

  • 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.

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

  • Rollover Shareholders means each of Expert Master Holdings Limited, Mr. Longhua Piao and UMW China Ventures (L) Ltd.

  • Existing Shareholders means the officers, directors and shareholders of the Company prior to the Offering; (c) “Initial Ordinary Shares” shall mean all of the Ordinary Shares owned by an Existing Shareholder prior to the Offering (and shall include any Ordinary Shares issued as dividends with respect to such shares); (d) “Public Shareholders” shall mean the holders of securities issued in the Offering; (e) “Trust Account” shall mean the trust account established for the benefit of the Public Shareholders into which a portion of the net proceeds of the Offering will be deposited; and (f) the “Extended Period” shall mean the additional 12-month period to approve a Business Combination as more specifically described in the Registration Statement.

  • Shareholder Loan means a loan which is granted by an AIF to an undertaking in which it holds directly or indirectly at least 5 % of the capital or voting rights, and which cannot be sold to third parties independently of the capital instruments held by the AIF in the same undertaking;

  • 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;

  • Management Stockholders Agreement means that certain Management Stockholder’s Agreement between the Optionee and the Company.

  • Controlling Shareholders means controlling shareholders of the Company, as such term is defined in the Ordinance.

  • Shareholder Agreement has the meaning set forth in the Recitals.

  • Shareholder Associated Person of any Shareholder means (i) any person controlling, directly or indirectly, or acting in concert with, such Shareholder, (ii) any beneficial owner of shares of stock of the Corporation owned of record or beneficially by such Shareholder, and (iii) any person controlling, controlled by or under common control with such Shareholder Associated Person.

  • 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.

  • Shareholder Agreements has the meaning set forth in the recitals to this Agreement.

  • Company Shareholders means holders of Company Shares.