Undertaking 1 definition

Undertaking 1 means all the undertaking and entire business of the Transferor Company 1 including,
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 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.

  • 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.


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 Letter The letter in substantially the form set forth in Exhibit C of the Trust Agreement.

  • L/C Undertaking has the meaning set forth in Section 2.12(a).

  • Disclosure Undertaking means the Continuing Disclosure Undertaking, dated as of the Dated Date, relating to certain obligations contained in the SEC Rule.

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

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

  • parent undertaking means a parent undertaking as defined in point (15)(a) of Article 4(1) of Regulation (EU) No 575/2013;

  • railway undertaking means any public or private undertaking licensed according to this Directive, the principal business of which is to provide services for the transport of goods and/or passengers by rail with a requirement that the undertaking ensure traction; this also includes undertakings which provide traction only;

  • insurance undertaking means insurance undertaking as defined in point (1) of Article 13 of Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) (1);

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

  • Confidentiality Undertaking means a confidentiality undertaking substantially in a recommended form of the LMA or in any other form agreed between the Borrower and the 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.

  • reinsurance undertaking means reinsurance undertaking as defined in point (4) of Article 13 of Directive 2009/138/EC;

  • Standard Securitization Undertakings means representations, warranties, covenants and indemnities entered into by the Borrower or any Subsidiary of the Borrower that are customary in a Securitization Financing.

  • Undertakings as references to obligations under this Framework Agreement;

  • financial undertaking means any of the following entities:

  • 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;

  • Transfer Affidavit and Agreement As defined in Section 5.02(d).

  • Existing Security Agreement has the meaning set forth in the recitals hereto.

  • Letter of Undertaking means the letter of undertaking from, amongst others, the Issuer and its Managing Directors to the Initial Purchaser, Investment Manager and the Trustee.

  • Reaffirmation Agreement means the Reaffirmation Agreement dated as of the Closing Date by the Borrower and the Guarantors to the Administrative Agent for the benefit of the Secured Parties.

  • Transferee Affidavit and Agreement As defined in Section 6.02(g)(i)(B).

  • Deed of Assignment means the deed of assignment of the Shareholder Loan in the agreed form set out in Schedule 6 (Deed of Assignment) to be entered into between the Seller and the Buyer upon Completion.

  • 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.

  • Repayment Agreement means an agreement

  • Performance Undertaking means that certain Performance Undertaking, dated as of May 10, 2002, by Performance Provider in favor of Seller, substantially in the form of Exhibit XI, as the same may be amended, restated, supplemented or otherwise modified from time to time.