Sponsor Undertaking definition

Sponsor Undertaking means the agreement entered into between the Sponsor, the Issuer, the Debenture Trustee pursuant to the terms of this Deed and Debenture Documents.
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Sponsor Undertaking means the undertaking letter from GCI substantially in the form of Exhibit H hereto, as such undertaking letter may be amended, supplemented or otherwise modified, renewed or replaced from time to time in accordance with the terms thereof.
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Sponsor Undertaking means the undertaking executed by the Sponsor dated on or about the date of this Agreement in favour of the Guarantor.
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Examples of Sponsor Undertaking in a sentence

  • The Sponsor Undertaking shall not restrict the REIT Manager or the Company from appointing any director of the REIT Manager from time to time in accordance with applicable laws and regulations (including any applicable rules of the SGX-ST) and the articles of association of the REIT Manager.

  • The Sponsor Undertaking shall remain in force for so long as: • Keppel T&T remains as the holding company (as defined in the Companies Act) of the REIT Manager; and • the REIT Manager remains as the manager of Keppel DC REIT.

  • The Sponsor does not fulfil its obligations pursuant to the Sponsor Undertaking.

  • Failure or default by the Issuer or the Sponsor to perform any of their respective obligations (other than payment and Safeguard and Integrity Provisions related obligations as specified in Clause 8A.1 (i) and (ii) above) under the IIFCL Guarantee, Counter-Indemnity, the Corporate Guarantee and the Sponsor Undertaking and such failure or default is not cured within [•] days of the occurrence of such failure or default.

  • Item No.6 The erstwhile Nagarjuna Fertilizers and Chemicals Limited ("Erstwhile NFCL") was promoting Nagarjuna Oil Corporation Limited (NOCL) a public limited company incorporated under the Companies Act, 1956 with Registered Office in the State of Tamil Nadu for the purpose of setting up a 6 million tones refinery project at Cuddalore in Tamil Nadu ("Project") and in furtherance of the same, had executed the Sponsor Undertaking dated March 25, 2008.

  • Underwriting : The Rights Issue (less the number of Rights StapledSecurities subscribed for pursuant to the Sponsor Undertaking) is fully underwritten by the Lead Manager and Underwriter on the terms and subject to the conditions of the Management and Underwriting Agreement.

  • Please refer to paragraph 3 below for further details on the Sponsor Undertaking.

  • FINANCIAL INSTRUMENTS(a) Capital risk managementThe Group manages its capital to ensure that it will be able to continue as a going concern whilst maintaining an optimal debt to equity balance.

  • The Rights Issue (less the number of Rights Units (including Excess Rights Units) required to be subscribed and/or applied for pursuant to (i) the Sponsor Undertaking and(ii) the Khua Individual Undertakings) is underwritten by the Joint Lead Managers and Underwriters severally in the proportion of approximately 33.3% each (being 82,358,132 Rights Units for each of The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch and Maybank Kim Eng Securities Pte.

  • The deleveraging by way of the Equity Fund Raising is part of the Manager's active capital management strategy for ESR-REIT, while the commitment by the Sponsor to subscribe for New Units under the Preferential Offering pursuant to the Sponsor Undertaking further demonstrates the Sponsor's support for ESR-REIT.


More Definitions of Sponsor Undertaking

Sponsor Undertaking means the undertaking from the Investor regarding the direct ownership of the Borrower in favour of the Lenders and dated on or about the date hereof.
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Sponsor Undertaking means an undertaking from the Sponsor in favour of the Borrower set out in a omnibus agreement whereby the Sponsor undertakes to compensate the Borrower for any difference in charter hire below the charter hire agreed for the Charterparty during the five year period after the Effective Date. 9/50
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Sponsor Undertaking means an undertaking from the Sponsor in favour of the Borrower set out in a omnibus agreement whereby the Sponsor undertakes to compensate the Borrower for any difference in charter hire below the charter hire agreed for the Charterparty during the five year period after the Effective Date.
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Related to Sponsor Undertaking

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

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

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

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

  • 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;

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

  • 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.

  • financial undertaking means any of the following entities:

  • 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.

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

  • 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.

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

  • Sponsor Agreement has the meaning specified in the Recitals hereto.

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

  • Letter of Undertaking means the letter of undertaking from, amongst others, the Issuer and its Managing Directors to the Initial Purchaser, Investment Manager and the Trustee.

  • Sponsor Management Agreement means the Management Agreement between certain of the management companies associated with the Sponsors and the Borrower.

  • insurance undertaking means insurance undertaking as defined in point (1) of Article 13 of Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) (1);

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

  • Sponsor Letter Agreement has the meaning set forth in the recitals to this Agreement.

  • Sponsor Support Agreement has the meaning set forth in the recitals to this Agreement.

  • Standstill Agreement shall have the meaning set forth in Section 6.03.

  • Performance Undertaking means that certain Performance Undertaking, dated as of May 10, 2002, by Performance Provider in favor of Seller, substantially in the form of Exhibit XI, as the same may be amended, restated, supplemented or otherwise modified from time to time.

  • 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;

  • Sponsor Affiliate means an entity that joins with the Company and that participates in the investment in, or financing of, the Project and which meets the requirements under the FILOT Act to be entitled to the benefits of this Fee Agreement with respect to its participation in the Project, all as set forth in Section 5.13 hereof.

  • Affidavit and Undertaking means the affidavit and undertaking provided by the Bidder substantially in form and manner as annexed in Annexure I hereto;

  • Sponsor Parties means Sponsor, Vendor, and Utility, their respective successors and assigns, and each of their respective affiliates, agents, directors, officers, and employees.