Undertaking of Transferor Company definition

Undertaking of Transferor Company means and include the whole of assets, properties, liabilities and the undertaking(s) and entire business(s) of Transferor Company, as may be applicable and specifically include the following (without limitation):
Undertaking of Transferor Company means the entire business of the Transferor Company and includes (without being limited to) the following:
Undertaking of Transferor Company means all the undertaking and entire business of the Transferor Company as a going concern, including, without limitation:

Examples of Undertaking of Transferor Company in a sentence

  • The entitlement to various benefits under exemption schemes, incentive schemes, subsidies / grant, tax holiday, any privileges enjoyed / conferred upon/ held/ availed of by the Transferor Company and insurance policies in relation to the Undertaking of Transferor Company shall stand transferred to and be vested in and/ or deemed to have been transferred to and vested in Transferee Company together with all benefits, entitlements and incentives of any nature whatsoever.

  • All books, records, files, papers, engineering and process information, catalogues, quotations, advertising materials, if any, lists of present and former clients, whether in physical or electronic form, pertaining to the Transferred Undertaking of Transferor Company, to the extent possible and permitted under Applicable Laws, be handed over by them to Transferee Company.

  • The land parcel forming part of SDZ Real Estate Development Undertaking of Transferor Company is proposed to be demerged from the Transferor Company and transferred to and vested in the Transferee Company.

  • The contributions made by Transferor Company under Applicable Law in connection with the employees of the Transferred Undertaking of Transferor Company, to the funds, for the period after the Appointed Date shall be deemed to be contributions made by Transferee Company.

  • The land parcel forming part of SDZ Real Estate Development Undertaking of Transferor Company, is proposed to be demerged from the Transferor Company and transferred to and vested in the Transferee Company.

  • Transferor Company 1 shall be deemed to have been carrying on and shall carry on its business and activities and shall be deemed to have held and stood possessed of and shall hold and stand possessed of all its properties and assets pertaining to the MTN Undertaking of Transferor Company 1 for and on account of and in trust for the Transferee Company.

  • That, in their opinion the proposed demerger of Specified Undertaking of Transferor Company into Applicant Company under the Scheme of Arrangement seems fair and reasonable.

  • Thereby, the Transferee Company received electronic confirmation from Stock Exchanges for not processing the said Scheme of Arrangement pursuant to SEBI circular No. CFD/DIL3/CIR/2018/2 dated January 03, 2018 and hence, the Applicant Company is not required to obtain Observation Letter or No Objection Letter from Stock Exchanges for demerger of Specified Undertaking of Transferor Company into Transferee Company.

  • The Transferor Company shall not, without the prior written consent of the Board of Directors of the Transferee Company or pursuant to any pre-existing obligation, sell, transfer or otherwise alienate, charge, mortgage, encumber or otherwise deal with, or dispose off, any of the assets of the Undertaking of Transferor Company or any part thereof.

  • Transferee Company shall record the assets and liabilities relating to Transferred Undertaking of Transferor Company vested in it pursuant to this Scheme, at their respective carrying amounts as appearing in the consolidated financial statement of the Transferee Company.


More Definitions of Undertaking of Transferor Company

Undertaking of Transferor Company means and include:-

Related to Undertaking of Transferor Company

  • Date of Transfer means the date of registration of transfer of the Property into the name of the Purchaser in the Deeds Registry in Pietermaritzburg;

  • Transferor Company means a company that conveys an interest in shares.

  • Deed of Transfer means the notarial deed of transfer for the Shares, substantially in the form as attached hereto as Schedule 3;

  • Letter of Transmittal means the letter of transmittal to be prepared by the Company and sent to all Holders of the Notes for use by such Holders in connection with the Exchange Offer.

  • Letter of Transmittal and Election Form means the letter of transmittal and election form(s) to be delivered by Company to the Company Shareholders and Company RSU Holders and providing for the Company Shareholder’s and Company RSU Holders election with respect to the Consideration;

  • means of transport means rail transport, road freight transport, inland waterway transport, maritime transport, air transport, and intermodal transport;

  • Form of Assignment and Transfer means the “Form of Assignment and Transfer” attached as Attachment 3 to the Form of Note attached hereto as Exhibit A.

  • Note Depository Agreement means the agreement, dated as of the Closing Date, between the Issuer and DTC, as the initial Clearing Agency relating to the Notes, as the same may be amended or supplemented from time to time.

  • Blanket Issuer Letter of Representations means the Blanket Issuer Letter of Representations between the City, the Registrar and DTC.

  • Representation Letter Letters to, or agreements with, the Depository to effectuate a book entry system with respect to the Class A Certificates registered in the Register under the nominee name of the Depository.

  • Individual Certificate Any Private Certificate registered in the name of the Holder other than the Depository or its nominee.

  • Transferor Any Person who is disposing by Transfer of any Ownership Interest in a Certificate.

  • Official certificate means any form of certification, either written or print- ed (including that prescribed in § 58.18) used under the regulations in this sub- part to certify with respect to the in- spection of dairy processing plants and the inspection, class, grade, quality, size, quantity, or condition of products (including the compliance of products and packaging material with applica- ble specifications).