Examples of Undertaking 1 in a sentence
The following eligibility checks will be carried out by the ARTEMIS Joint Undertaking: 1.
Further, Transferee Company 1 shall be deemed to be authorized to execute any such deeds, writings or confirmations on behalf of Transferor Company and to implement or carry out all formalities required on the part of the Transferred Undertaking 1 of Transferor Company to give effect to the provisions of this Scheme.
Upon the Scheme becoming effective, the Transferee Company 1 shall account for the Scheme as under:.12.ii.1. The Transferee Company 1 shall account for the transfer and vesting of the Transferred Undertaking 1 in its books of accounts as per the “Pooling of Interest Method” prescribed under the Indian Accounting Standard 103- “Business Combination” notified under Section 133 of the Act read with relevant rules issued thereunder and other applicable accounting standards prescribed under the Act.
Notwithstanding the foregoing, it is hereby clarified that it is the intention of the Transferor Company and the Transferee Company 1 to transfer all assets and liabilities in relation to the Transferred Undertaking 1 as a “going concern” and that the provision of this clause 5.3 are interim in nature and are not intended to alter the nature of the transaction, as contemplated under this scheme .
Any such surplus distributed to the Union shall be returned to the Union budget.5. An ad hoc procedure shall be set up to ensure the appropriate management of any agreement concluded or decision adopted by the Clean Sky 2 Joint Undertaking as well as any procurement contract with a longer duration than the Clean Sky 2 Joint Undertaking.ANNEX IIPrivate members of the Clean Sky 2 Joint Undertaking 1.
The Transferor Company will reduce in its books of accounts, the book value of assets and liabilities pertaining to the Transferred Undertaking 1 transferred to the Transferee Company 1.
The Scheme provided for Demerger of Demerged Undertaking 1 of Erstwhile Max India into the Company, and thereafter amalgamation of residual Erstwhile Max India with Max Healthcare.
Pursuant to Section II of the Scheme, the Resulting Company shall account for the transfer and vesting of the assets and liabilities acquired under the Business Undertaking 1 in accordance with an allocation report to be prepared in accordance with Accounting Standard 10 issued by the Institute of Chartered Accountants of India.
Although the Resulting Company becomes entitled to all the benefits of the Business Undertaking 1 from the Appointed Date 1, it is not required to invest its funds (to the extent of Rs. 2600 crores (Rupees Two Thousand Six Hundred Crore)) in relation to Business Undertaking 1 by borrowing from external parties until the date of actual payment of consideration to the Transferor Company.
Considering the pandemic situation, the institution can be based anywhere in Indonesia and use online and electronic meeting platforms to conduct the work Annex 2: Confidentiality Undertaking 1.