Undertaking 1 definition

Undertaking 1 means all the undertakings and entire business of the Amalgamating Company 1, as a going concern, and shall include (without limitation):
Undertaking 1 means all the undertaking and entire business of the Transferor Company 1 including,
Undertaking 1 means the undertaking of the Demerged Company comprising the business of generating and/or distribution of thermal power being carried on by the Demerged Company on a going concern basis to be demerged under this Scheme with the sanction of the Hon'ble Court. Without prejudice to the generality of the meaning ascribed to, the Undertaking 1 shall mean and include, without limitation;

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.


More Definitions of Undertaking 1

Undertaking 1 means the contribution to be made under this scheme with Harish Textile Engineers Private Limited (under process to convert to Public Limited) together with all assets, properties, liabilities, duties and obligations of whatsoever nature or kind and wheresoever situated which relate thereto or are necessary for such Undertaking and without prejudice to the generality of the foregoing includes :

Related to Undertaking 1

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

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

  • public undertaking means any undertaking over which the public sector bodies may exercise directly or indirectly a dominant influence by virtue of their ownership of it, their financial participation therein, or the rules which govern it; for the purpose of this definition, a dominant influence on the part of the public sector bodies shall be presumed in any of the following cases in which those bodies, directly or indirectly:

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

  • Confidentiality Undertaking means a confidentiality undertaking in substantially the appropriate form recommended by the LMA from time to time or in any other form agreed between the Borrowers and the Facility Agent.

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

  • 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.

  • Standard Securitization Undertakings means representations, warranties, covenants and indemnities entered into by the Borrower or a Subsidiary thereof that are reasonably customary in non-recourse securitization transactions.

  • 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;

  • Guarantee and Adherence Agreement means the guarantee and adherence agreement pursuant to which the Guarantors shall, amongst other, (i) guarantee all amounts outstanding under the Finance Documents, including but not limited to the Bonds, plus accrued interests and expenses, (ii) agree to subordinate all subrogation claims, and (iii) undertake to adhere to the terms of the Finance Documents.