Irrevocable undertaking meaning

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August undefined, 2024

Web/ˌʌndərˈteɪkɪŋ/ [countable] a task or project, especially one that is important and/or difficult synonym venture He is interested in buying the club as a commercial undertaking. In those days, the trip across country was a dangerous undertaking. the first joint undertaking of the two societies Oxford Collocations Dictionary Join us Webirrevocable definition: 1. impossible to change: 2. impossible to change: 3. (esp. of a decision) impossible to change: . Learn more.

Irrevocable undertaking Practical Law

Weblock-ups — irrevocable undertaking Also known as a lock up. A binding agreement by a target shareholder to accept a takeover offer. An irrevocable undertaking may be either hard (binding in all circumstances), soft (ceases to be binding if a higher offer… … Law dictionary lock-up — irrevocable undertaking Also known as a lock up. WebIrrevocable definition, not to be revoked or recalled; unable to be repealed or annulled; unalterable: an irrevocable decree. See more. slow food filosofia

Why trade gets paid – Deutsche Bank

WebIRREVOCABLE. That which cannot be revoked. 2. A will may at all times be revoked by the same person who made it, he having a disposing mind; but the moment the testator is … WebFeb 18, 2024 · An IIPU, at least in theory, is a promise to pay that is an independent obligation of the Buyer, separate and unrelated to the validity, enforceability, performance, or even the existence of the... WebA Guarantee is irrevocable, meaning that once issued it cannot be amended nor cancelled during its validity period without the consent of the parties, i.e. the Guarantor and/or the … software for text recognition ocr

Irrevocable Undertaking Definition Law Insider

Irrevocable undertaking Definition Legal Glossary

WebExhibit 2.6 . AMENDMENT TO IRREVOCABLE UNDERTAKING . THIS AMENDMENT, dated as of November 6, 2015 (this “Amendment”), to the Irrevocable Undertaking, dated as of August 6, 2015 (the “Irrevocable Undertaking”), by and among CF Industries Holdings, Inc., a Delaware corporation (“Cambridge”), OCI N.V., a public company with limited liability … WebIrrevocable undertakings to accept an offer are normally sought by an offeror from significant offeree shareholders immediately before the announcement of a firm intention to make an offer ( Rule 2.7 announcement ), so as to secure as much comfort as possible that the offer will be successful. software for the lunar gatewayWebMay 20, 2024 · Irrevocable reimbursement is one of the basic documentary products of IBEC. Terms of provision Tariffs Process schemes Apply for financing Ask a question IBEC reimbursement undertakings are issued on behalf of the issuing banks under letters of credit opened in favor of confirming / executing and financing banks. Product features … slow food fleisch

"WebIrrevocable Undertaking and Direction means an undertaking and direction executed by the Borrower in favour of the Lender, in form and content satisfactory to the Lender, acting … " - Irrevocable undertaking meaning

Irrevocable undertaking meaning

irrevocable undertaking - Academic Dictionaries and Encyclopedias

WebIrrevocable undertaking. Also known as an irrevocable commitment or a lock-up. A binding agreement by a target shareholder to accept a takeover offer or vote in favour of a … WebMay 27, 2024 · A documentary credit is an irrevocable undertaking issued by a bank named (issuing bank) that undertakes to make payment to a seller named (the beneficiary), provided that a complying presentation is made. ‘UCP 600’ The rules governing documentary credits define ‘credit’ as follows:

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WebIrrevocable undertaking: secondary issues. A form of irrevocable undertaking for use by either large shareholders or directors in connection with a rights issue (or, with appropriate amendments, other secondary issue). An irrevocable undertaking will generally be addressed to both the company and the sponsor. Webirrevocable - incapable of being retracted or revoked; "firm and irrevocable is my doom"- Shakespeare irrevokable revocable , revokable - capable of being revoked or annulled; "a revocable order"

WebJan 28, 2024 · CPU is a buyer-led initiative which falls under the category of payable finance, without the requirement of the assignment of the underlying receivable to the financial institution, relying completely on the buyer’s irrevocable payment undertaking,” Peter Mulroy, Secretary General at FCI told TFG. WebIrrevocable undertakings. (a) The WMVL Shareholders Irrevocable Undertakings On 28 April 2024, each of the WMVL Shareholders has given an irrevocable undertaking in favor of …

WebNov 2, 2024 · In the paper IPUs are described as irrevocable (rather than independent ) payment undertakings. They are not to be replacements for promissory notes. The paper … Webirrevocable adjective [ not gradable ] us / ɪˈrev·ə·kə·bəl, ˌɪr·ɪˈvoʊ·kə- / ( esp. of a decision) impossible to change: The court’s ruling is irrevocable. (Definition of irrevocable from the …

WebThe usual practice in such cases is to give an irrevocable undertaking to establish guarantees at the lender's request. EurLex-2 An irrevocable undertaking does not offer …

WebIrrevocable trust - Nepali translation, definition, meaning, synonyms, pronunciation, transcription, antonyms, examples. English - Nepali Translator. software for the door and hardware industryWebIt is irrevocable undertaking meaning, if the beneficiary complies to the terms of the LC, the issuing bank is bound to pay. Suppose there is a dispute between buyer and seller over quality of goods and seller has presented complying documents to issuing bank, buyer cannot stop issuing bank from making payment and the dispute needs to be ... slow food fondazioneWebAug 24, 2024 · The term “irrevocable” implies that a guaranty may not be rescinded by a guarantor. Its usage in guaranties is thought to be derived from the convention governing … slow food florenzWebMar 15, 2024 · Undertaking Letter Meaning: An undertaking letter or a letter of undertaking is a formal document, but not necessarily a contract that provides assurance from one party to another to fulfill an obligation. It is mostly used from a business perspective, to fulfill some deeds or work for a business and in return, getting paid for it. software for theoretical physicsWebThe corporate payment undertaking is intended, subject to relevant jurisdiction specific legal advice, to serve as a contractual mechanism (unconditional and irrevocable undertaking) … slow food floridaWebA binding agreement by a target shareholder to accept a takeover offer. An irrevocable undertaking may be either hard (binding in all circumstances), soft (ceases to be binding … slow food food truckWebOn 15 February 2024, the Parties entered into the “Agreement on the Irrevocable Undertaking” (the Irrevocable Undertaking), where the Bidder inter alia undertakes to make a voluntary public takeover offer within the meaning of Section 29 para. 1 of the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz ... slow food florence