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 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;

Examples of Undertaking in a sentence

  • That cumulative effect is to be determined in accordance with the following formula: CVi-1 = (1 + V1) x (1 + V2) x … x (1 + Vi-1) where V1,V2…Vi-1 are the actual % variations which have been applied to the indicative access chargesStanding Offer for Reference Services specified in the Access Undertaking from the 1 July 20232024 to the relevant DeterminationReview Date.

  • If any Conditional Access Rights are varied under this clause 9, the End User acknowledges and agrees that Aurizon Network will only be obliged to develop additional Capacity, and to grant the End User access rights in respect of any such additional Capacity, if, and to the extent that, it is obliged to do so under the Access Undertaking.

  • Undertaking educational activities and working with other organisations in relation to investor education.

  • CVi-1 is the cumulative effect of the variations actually applied by ARTC to the indicative access chargesStanding Offer for Reference Services specified in the Access Undertaking from 1 July 20232024 to the relevant DeterminationReview Date (“i”).


More Definitions of Undertaking

Undertaking means a project, activity, or program funded in whole or in part under the direct or indirect jurisdiction of a state agency, including a project, activity, or program:
Undertaking has the meaning set forth in Section 5.5.
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 natural or legal person which carries out an activity referred to in this Regulation;
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;