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the Deed of Undertaking definition

the Deed of Undertaking the Composite Undertaking dated 20th December 1996 and made between PXRE Corporation (1), the Company (2), the executive directors of the Company (3), PXRE (4) and Lloyd's (5);
Sample 1

Examples of the Deed of Undertaking in a sentence

  • As above, the initial term of both the Deed of Undertaking and the Portfolio Swap is four years (which is subject to the Early Termination provision below in relation to the Deed of Undertaking), but the Sub-Fund will endeavour to extend the term periodically.

  • Following the termination or maturity of the Deed of Undertaking or the Portfolio Swap, the Sub-Fund will terminate on the Business Day following the termination or at maturity of either the Deed of Undertaking or the Portfolio Swap.

  • The amount that may be received under the Portfolio Swap following the Put Option exercise or from the Undertaking Provider under the Deed of Undertaking will be paid in Pounds Sterling to the Sub Fund.

  • He complains that in addition to demanding and receiving repayment of approximately $102 million of its loans in December 2014, applying ex parte for the appointment of the JPLs in Hong Kong and the Cayman Islands, and foisting the Deed of Undertaking on the Debtors, HSBC-HK may have interfered with the operation of the Peruvian Business by communicating directly with the CF Group’s suppliers, customers, working capital providers, and employees.

  • As a condition to exercise, Holder also agrees to sign any documents reasonably required of a member, including, but not limited to, any voting agreement or co-sale agreement and the Deed of Undertaking in the form attached to the Option Agreement.

  • The Company shall not be required (i) to transfer on its books or in the register of members any Shares that have been sold or otherwise transferred in violation of any of the provisions of this Exercise Notice, the Deed of Undertaking or the Articles, or (ii) to treat as owner of such Shares or to accord the right to pay dividends to any purchaser or other transferee to whom such Shares shall have been so transferred.

  • Any time following the occurrence of the termination of Holder’s employment with or engagement by any of the Related Entities for any reason, the Company shall, at the discretion of the Board, have the right (but not the obligation) to repurchase any or all of the Shares held by Holder pursuant to Section 4 of the Deed of Undertaking.

  • Capitalized terms used herein but not defined shall have the meanings assigned thereto in the Deed of Undertaking.

  • Case Associate Director of Information Technology / AV Peter J.Deckers ’90 Director of Dining Services James R.

  • Any such amended terms will continue to be subject to the Deed of Undertaking.

Related to the Deed of Undertaking

  • 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.

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

  • Deed of Assignment means the deed of assignment of the Shareholder Loan in the agreed form set out in Schedule 6 (Deed of Assignment) to be entered into between the Seller and the Buyer upon Completion.

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

  • Letter of Understanding Teachers from Former Xxxxxxxxx and Moving Expenses when they Resign

  • Deed of Accession means a deed of accession to this Agreement in the form attached as Schedule 1 (Deed of Accession) hereto;

  • 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;

  • Deed of Covenant means, in relation to a Ship, if required by the laws of the Approved Flag of that Ship, a deed of covenant collateral to the Mortgage over that Ship and creating Security over that Ship in agreed form.

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

  • Charterparty Assignment means, in relation to each Ship, an assignment of the rights of the Owner of that Ship under any charterparty or other contract of employment referred to in Clause 14.16 executed or to be executed by the relevant Owner in favour of the Security Trustee, in each case, in such form as the Lenders may approve or require and, in the plural, means all of them;

  • electricity undertaking means any person engaged in the generation,transmission, distribution or supply of electricity including any holder of a licence or authorisation or a person who has been granted a permit under Section 37 of the Principal Act and any person transferring electricity to or from Ireland across an interconnector or who has made an application for use of an interconnector which has not been refused;

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

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

  • Framework Agreement means the Clauses of this Framework Agreement together with the Framework Schedules and annexes to it;

  • Memorandum of Understanding means the memorandum of understanding between the Funder and the Ministry in effect from time to time in accordance with the Management Board of Cabinet “Agencies and Appointments Directive”. Ministry means, as the context requires, the Minister or the Ministry of Health or such other ministry as may be designated in accordance with Applicable Law as the ministry responsible in relation to the relevant matter or the Minister of that ministry, as the context requires.

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

  • Admission Agreement An admission agreement in the form available on the Civil Service Pensions website immediately prior to the Relevant Transfer Date to be entered into by the Supplier where it agrees to participate in the Schemes in respect of the Services;

  • Concession Agreement means the Concession Agreement referred to in Recital (A) above and annexed hereto as Annex-A, and shall include all of its Recitals and Schedules and any amendments made thereto in accordance with the provisions contained in this behalf therein;

  • insurance undertaking means an insurance undertaking as defined in Article 13, point (1), of Directive 2009/138/EC;

  • Facility Agreement means the Facility Agreement referred to in Recital (A).

  • Training Agreement means an agreement registered under the provisions of the Industrial and Commercial Training Act 1985.

  • PILOT Agreement means the Agreement for Payments in Lieu of Ad Valorem Taxes entered into by and among the Board, the Company, the City and the County.

  • Side Agreement means the Side Agreement for Transfer Agency Services between the Customer and Transfer Agent dated as of January 1, 2015.

  • Letter of Intent (LOI means an intimation by a letter to Bidder that their Tender has been accepted in accordance with the provisions contained in the letter and hence to take preparatory steps and compliance of formalities to commence the work from the date desired by Owner.

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

  • Agreed Form means in relation to any document, that document in the form approved in writing by the Agent (acting on the instructions of the Majority Lenders) or as otherwise approved in accordance with any other approval procedure specified in any relevant provisions of any Finance Document;

Most Referenced Clauses

Most Referenced Definitions