Examples of Undertaking 1 in a sentence
The following eligibility checks will be carried out by the ARTEMIS Joint Undertaking: 1.
Signature of the Authorised PersonNote:*** On the Letterhead of the Service Provider.Annexure – 3 Anti-Collusion Undertaking 1.
The Consideration has been determined taking into account the book value of all the assets and liabilities of the Transferred Undertaking 1 estimated as on 31 March 2017.
Undertaking (1) For the purposes of this Act, an undertaking is a company, sole proprietor, any other person engaged in economic or professional activities, an association which is not a legal person, or a person acting in the interests of an undertaking.
Date Signature(Name & designation with address) Director / CEO / MD Annexure-8: Performa for integrity compliance (To be signed by full time Director / CEO / MD of the company/ Partner/ Proprietor of the firm duly depicting the designation and submitted on official stationery of the Applicant along- with the authorization to do so)Format- A: Initial Undertaking 1.
Anthem had cash on hand immediately prior to the closing of the Merger that was adequate to discharge all obligations relating to the Merger and payable to officers and directors of Anthem and WellPoint, as required by Undertaking 1 above.
Upon the coming into effect of Section I this Scheme, the Transferee Company 1 shall be entitled to carry on the business of the Transferred Undertaking 1 of the Transferor Company and shall be entitled, to apply to the Central Government and all other agencies, departments and authorities concerned as are necessary under any law for such consents, approvals and sanctions to carry on the business of the Transferred Undertaking 1 of the Transferor Company.
The Transfer and vesting of the Transferred Undertaking 1 and the continuance of the proceedings mentioned in Clauses 3 and 5 shall not in any manner effect the transaction or proceedings already concluded by or against the Transferor Company pertaining to the Transferred Undertaking 1:- (i) On or before the Appointed Date; and that the Transferee Company 1 accepts on behalf of itself all acts, deeds, bonds, agreements and other instruments of whatever nature done and executed by the Transferor Company.
Upon Section I of this scheme becoming effective and upon vesting of the Transferred Undertaking 1 of Transferor Company in Transferee Company in terms of Section I of this Scheme, Transferee Company 1 shall pay a lump sum cash consideration of Rs.9,17,26,341/- (Rupees Nine Crores Seventeen Lakhs Twenty Six Thousand Three Hundred and Forty One only) Rs.to Transferor Company subject to change in the net assets position as on the cut-off date.
All the profits or income accruing or arising to the Transferor Company and all costs, charges, expenditure, taxes or losses arising or incurred by the Transferor Company pertaining to the Transferred Undertaking 1 shall, for all purposes, be treated and be deemed to be and accrue as the profits, income, costs, charges, expenditure, taxes or losses of the Transferee Company 1, as the case may be.