Irrevocable undertaking meaning
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 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.
Irrevocable undertaking meaning
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Webirrevocable definition: 1. impossible to change: 2. impossible to change: 3. (esp. of a decision) impossible to change: . Learn more. Webirrevocable meaning: 1. impossible to change: 2. impossible to change: 3. (esp. of a decision) impossible to change: . Learn more.
WebIt 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 ... WebJun 24, 2024 · Unless otherwise stated in a SBLC, standby letters of credit are deemed: “irrevocable” meaning they cannot be changed or cancelled prior to its stated expiry date without the agreement of all parties. Example of a typical process flow for a SBLC SBLC issuance process – direct to beneficiary or utilizing an advising bank Benefits of using …
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 …
WebWhat does Irrevocable undertaking mean? In the context of an equity fundraising, a binding agreement given by a shareholder to vote in favour of a transaction and/or to subscribe …
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 … can i use granulated sugar in frosting recipeWebFeb 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... five points lake hamilton hot springs arWebJan 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. five points in vineland njWebirrevocable. adjective. That cannot be revoked or undone: irreversible, unalterable. Idiom: beyond recall. The American Heritage® Roget's Thesaurus. Copyright © 2013, 2014 by … five points literary journalWebOct 20, 2024 · Irrevocable undertaking —shareholder—takeover offer The Directors [ insert offeror's name] ( [ Offeror ]) [ insert address] [ and] [ The Directors] [ [ insert name of financial adviser] (the Adviser) [ insert address]] [ insert date] Dear Directors Proposed offer for [ name of offeree] ( [ Offeree ]) can i use grapeseed oil in place of olive oilWebExhibit 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 … five points free will baptist churchWebIrrevocable definition, not to be revoked or recalled; unable to be repealed or annulled; unalterable: an irrevocable decree. See more. can i use grapeseed oil on my hair