You’ll find more answers, take a trial and find out how Lexis ®PSL saves you time. “a statement, given orally or in writing, whether or not it includes the word “undertake” or “undertaking”, made by or on behalf of you or your firm, in the course of practice, or by you outside the course of practice but as a solicitor or REL, to someone who reasonably places reliance on it, that you or your firm will do something or cause something to be done, or refrain from doing something.” to pay any final decree entered against the vessel whether it is lost or not. Breach of a solicitor’s undertaking is a matter of professional misconduct. There is no definition of an ‘undertaking’ given in the TFEU. Undertaking Law and Legal Definition. (a) The defendant may object to the plaintiff's undertaking not later than 10 days after levy of the writ of possession. You can take simple steps to ensure that you comply with your loan’s undertakings. https://legal-dictionary.thefreedictionary.com/undertaking, "Based on a report by the (Iranian) foreign ministry, Iran has acted upon all its, An election was permitted to treat as separate activities those, These factors do put in doubt the viability of the purchase, 29 May 2018 - The UK Competition and Markets Authority (CMA) has opened a consultation on, Eniro AB (STO:ENRO) announced on Thursday, that in connection with its recapitalisation, the company's lending banks have made so called lock-up, "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, Social agreements are intensified via a mechanism of covering and constitution from lowerlevel distinct and social, He appeared at the court on Thursday September 29 where he signed an, The Finance Minister expressed satisfaction over the work with, LONDON -- Muttahida Qaumi Movement (MQM) senior leaders Mohammad Anwar and Babar Ghauri visited the Pakistan High Commission to attest MQM Chief Altaf Hussain's, Dictionary, Encyclopedia and Thesaurus - The Free Dictionary, the webmaster's page for free fun content, Brief for Appellants in Nos. Risto Rüütel has written an article on competition law issues related to agreements with management board members. Undertakings remain in effect until vacated by a court, or the applicable charges are disposed of in court. The term is used in a general sense to refer to any type of promise or stipulation. Poland – Undertaking is legal on 4-lane roads in built-up areas, 6-lane roads outside built-up areas and on one-way roads with marked lanes (this definition includes motorways). Netherlands – Undertaking is specifically prohibited, exceptions include vehicles waiting to turn left, traffic congestion and on roundabouts. Undertaking. The defendant shall mail … Learn more. promise. Undertaking During legal situations parties may make promises. The Court of Justice has, however, construed this term widely. It is commonly used to describe a promise made by either a party or his lawyer to the court to perform a particular task. Undertaking in general means an agreement to be reponsible for something. "You have an excellent service and I will be sure to pass the word.". You can take simple steps to ensure that you comply with your loan’s undertakings. For the purpose of EU antitrust law, any entity engaged in an economic activity, that is an activity consisting in offering goods or services on a given market, regardless of its legal status and the way in which it is financed, is considered an undertaking. 19th Jun 2018 ‘Undertaking’ is the practice of overtaking a slower moving vehicle on its left-hand side (kerb side). [Cases: Admiralty 57. Expanded Legal Definition of LessorLetter of Credit An ~ to pay money on stated terms such … Undertaking Agreement means the undertaking to be signed on the Closing Date among the Lifestyle Sellers, Seller's Principals, Buyer and TSI's Affiliates, with respect to certain post-closing obligations of the Lifestyle Sellers and Seller's Principals. In the event the defendant fails to appear, the amount posted as bail is forfeited. In a legal context, it typically refers to a party agreeing to a surety arrangement, under which they will pay a debt or. It is often overlooked that the definition of undertaking in competition law is quite broad and encompasses not only legal persons but (if … An undertaking by a solicitor to do something. While it’s not strictly illegal to undertake on a motorway or dual carriageway in the UK, it can be extremely dangerous, and punishable if … Undertakings are one of the key clauses in a loan agreement, and you should read them carefully before entering into a loan agreement. 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