Purchase Undertaking definition
Purchase Undertaking means the purchase undertaking dated the Issue Date and granted by the Obligor for the benefit of the Trustee and the Delegate;
Purchase Undertaking means the purchase undertaking dated 29 June 2015 and granted by APICORP for the benefit of the Trustee and the Delegate;
Purchase Undertaking means the purchase undertaking dated the Issue Date and granted by the Obligor for the benefit of the Trustee and the Delegate and includes the form of sale agreement to be entered into in accordance with the terms of the Purchase Undertaking;
Examples of Purchase Undertaking in a sentence
For the purposes thereof, the Trustee shall deliver a duly completed Exercise Notice to the Obligor in accordance with the Purchase Undertaking.
If the Lessee objects to a Revised Rate in writing to the Lessor, the Lessor shall be entitled to exercise its rights in accordance with the Purchase Undertaking where the Customer will be obliged to purchase the entire Bank’s Share of the Asset.
This Purchase Undertaking shall be irrevocable upon issuance and shall be binding on me/us as the Customer.
The Purchase Undertaking is annexed in the Tawarruq Transaction Documents as Appendix I.
Terms defined in the Letter of Offer have the same meanings when used in this Purchase Undertaking.
More Definitions of Purchase Undertaking
Purchase Undertaking means the amended and restated purchase undertaking dated 7 August 2024 executed by the Obligor in favour of the Trustee and the Delegate;
Purchase Undertaking means the undertaking (with its appendi- ces) to be issued by the Customer in favour of the Bank on the date of this Contract.
Purchase Undertaking means the amended and restated purchase undertaking dated 25 April 2022 and granted by the Obligor for the benefit of the Trustee and the Delegate;
Purchase Undertaking means the undertaking made on or about the Issue Date by the Purchase Undertaker;
Purchase Undertaking means the purchase undertaking dated 19 May 2023 executed by the Obligor in favour of the Trustee and the Delegate;
Purchase Undertaking means the purchase undertaking dated 6 November 2023 executed by Ziraat Katılım in favour of the Issuer and the Representative;
Purchase Undertaking means the purchase undertaking to be entered into by the Issuer, the Custodian and the Sukukholders' Agent on or about the Closing Date;