Examples of Undertaking Period in a sentence
Each of Topco and Bidco undertakes to procure, and Cobham undertakes, that throughout the Undertaking Period the "Cobham" name will continue to be included in the registered names of those members of the UK Cobham Group which include "Cobham" in their registered names as at the Effective Date.
Subject to the provisions of the following two paragraphs, holder of Class B shares may not transfer to a third party all or part of its shares during the course of the Strategic Undertaking Period without the prior consent of the holder of Class A shares, which consent will not be unreasonably withheld.
According to one of the terms of the S&P Agreement, Hensil Investments gave an irrevocable undertaking which the voting rights attached to 181,587,266 shares, representing approximately 30% of 605,290,886 shares, are vested upon Extra Benefit and Profit Channel during the Undertaking Period.
Undertaking Period of service & nature of work carried out * Attested copies of experience certificate to be attached.
The fact that the loan is an ARM is valuable, because it reduces the chance of foreclosures when it is relatively more costly (for example, during recessions when interest rates and returns to capital are low).