Undertaking definition

Undertaking means any natural or legal person, whether profit-making or not, or any official body whether having its own personality or not;
Undertaking means: (i) a body corporate or partnership; or (ii) an unincorporated association carrying on a trade or business, with or without a view to a profit.
Undertaking means a project, activity, or program funded in whole or in part under the direct or indirect jurisdiction of a Federal agency, including —

Examples of Undertaking in a sentence

  • As a condition for payment each Vested Company Options holder shall execute and deliver to Buyer and the Optionee Undertaking.

  • Following the Closing, other than the provisions of Section 2.6, the sole and exclusive remedy of any Indemnified Party with respect to any and all claims arising in connection with the representations, warranties, covenants and agreements set forth in this Agreement and the Optionee Undertaking will be pursuant to the indemnification obligations set forth in this Article IX hereof and subject to the limitations set forth herein.

  • Undertaking to Pay Costs 42 ARTICLE 7 CONCERNING THE TRUSTEE Section 7.01.

  • Undertaking to Pay Costs 41 ARTICLE 7 CONCERNING THE TRUSTEE Section 7.01.

  • However, the Company takes the view that by reason of the nature of the SLA Undertaking, it is beneficial to the Company as it enhances the recoverability of the Loan and Loan Interest and safeguards the Company’s interests.


More Definitions of Undertaking

Undertaking has the meaning set forth in Section 5.5.
Undertaking means an undertaking in which the investment of the company exceeds twenty per cent. of its net worth as per the audited balance sheet of the preceding financial year or an undertaking which generates twenty per cent. of the total income of the company during the previous financial year;
Undertaking means a corporate body, partnership, limited partnership, cooperative or an incorporated association carrying on a trade or business with or without a view to profit in which the Company has direct or indirect financial, commercial or contractual majority interest.
Undertaking means any entity engaged in economic activity.
Undertaking means this undertaking as amended from time to time in accordance with section 2.3;
Undertaking means any entity engaged in an economic activity, regardless of the legal status of the entity and the way in which it is financed;
Undertaking means any natural or legal person which carries out an activity referred to in this Regulation;