undertaking


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Undertaking

A written promise offered as security for the performance of a particular act required in a legal action.

In a criminal case, an undertaking of bail is security for the appearance of the defendant. In the event the defendant fails to appear, the amount posted as bail is forfeited.

An undertaking with adequate security is a bond. The term is used in a general sense to refer to any type of promise or stipulation.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.

undertaking

in the law of the EUROPEAN UNION, one of the subjects of the law. It covers companies, partnerships and sole traders and is particularly the focus of the COMPETITION POLICY.
Collins Dictionary of Law © W.J. Stewart, 2006

UNDERTAKING, contracts. An engagement by one of the parties to a contract to the other, and not the mutual engagement of the parties to each other; a promise. 5 East, R. 17; 2 Leon. 224, 5; 4 B, & A. 595.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
"Based on a report by the (Iranian) foreign ministry, Iran has acted upon all its undertakings stated in the nuclear agreement, including reduction in the number of centrifuges, volume of heavy water supplies and enriched materials, but the other side, specially the US, has been disloyal (to the deal)," Larijani said in a meeting with Chairman of the Japanese parliament's Committee on Foreign Affairs and Defense Sato Masahisa in Tehran on Monday.
As a result of the undertaking, Stonesoft will withdraw its complaint.
An election was permitted to treat as separate activities those undertakings otherwise required to be aggregated under the regulations,(13) to permit the deduction of suspended losses on disposition.
The Draft Undertaking was submitted by Nutrien Ltd (Nutrien) in connection with it seeking informal clearance from the ACCC in relation to the proposed acquisition of 100% of the issued share capital of Ruralco by Agrium Australia Pty Ltd (a wholly owned subsidiary of Nutrien and a related body corporate of Landmark Operations Limited) by way of a Scheme of Arrangement (the Scheme).
These factors do put in doubt the viability of the purchase undertaking in the context of the Mudaraba structure under UAE law.
29 May 2018 - The UK Competition and Markets Authority (CMA) has opened a consultation on undertakings proposed by UK-based building materials company Tarmac Trading Limited (Tarmac) to address competition concerns over its acquisition of certain assets of UK-based construction materials group Breedon (LSE: BREE), the CMA said.
Eniro AB (STO:ENRO) announced on Thursday, that in connection with its recapitalisation, the company's lending banks have made so called lock-up undertakings.
"To ensure safety of the documentation, the system uses secure certificates to ensure that all communications between the Competition Commission of Pakistan and the concerned undertaking is confidential."
Social agreements are intensified via a mechanism of covering and constitution from lowerlevel distinct and social undertakings. Social arrangements and institutions have a level of constancy and causal force that define them as entities, not simply unplanned compositions.
He appeared at the court on Thursday September 29 where he signed an undertaking to trade fairly, under the Enterprise Act 2002, on behalf of himself and the two companies of which he is a director; Prestige Autohaus Ltd and Prestige Motoring World Ltd (trading as Coventry Car Mart, Coventry Auto Lounge and Prestige Auto Lounge).
The Finance Minister expressed satisfaction over the work with undertaking completed.
LONDON -- Muttahida Qaumi Movement (MQM) senior leaders Mohammad Anwar and Babar Ghauri visited the Pakistan High Commission to attest MQM Chief Altaf Hussain's undertaking for Lahore High Court (LHC).The undertaking document was demanded by LHC on the last date of the hearing.