This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. promise. 5, Iranian Speaker Blasts US Disloyalty, Doubts Continued Validity of N. Deal, Stonesoft's complaint results in undertaking from Check Point. Undertakings remain in effect until vacated by a court, or the applicable charges are disposed of in court. Filing of undertaking -- sheriff's liability. An undertaking is “a promise given by one party to the Court, frequently of mandatory nature and relating to an obligation to the other party in proceedings.” Undertakings are a legally binding promise which carry severe consequences if breached. Ruralco Holdings Limited - ACCC seeks feedback on draft s87B undertaking, Sukuk Al Mudaraba: Issues relating to Distribution of Losses between the Issuer and Investors, Competition and Markets Authority Invites Comments on Undertakings in Breedon/ Tarmac Trading Merger, Eniro reports on lock-up undertakings by lending banks, CCP launches online pre-merger application filing system, New Directions in the Philosophy of Social Science, Trade fairly or risk jail, car dealer told, Dar reviews development on Bari Imam Complex, Anwar, Ghauri attest MQM chief''s undertaking for LHC at Pakistan HC in UK, Unable to pay truck loan, agreement never signed, Undertaking for Collective Investment in Transferable Securities, Undertakings for Collective Investment in Transferable Securities, Undertakings for Collective Investments in Transferable Securities. Admiralty §§ 162–168.] 2 : something (as cash or a written promise) deposited or given as security especially in a court. It is commonly used to describe a promise made by either a party or his lawyer to the court to perform a particular task. See more. Learn more. It can be enforced against the solicitor by the courts. the other, and not the mutual engagement of the parties to each other; a Definition of UNDERTAKING: A promise, engagement, or stipulation. An undertaking by a solicitor to do something. (c) The hearing shall be held within 20 days after the filing of the petition unless continued by the cou The Court holds that the legal status or form of the entity in question is not the issue for the purposes of EU competition rules. The defendant shall mail … The definition of an undertaking is a task or an agreement to do something. Undertaking in general means an agreement to be reponsible for something. In deciding what constitutes an undertaking, it is necessary to look at the definition. Undertaking. 515.030. Netherlands – Undertaking is specifically prohibited, exceptions include vehicles waiting to turn left, traffic congestion and on roundabouts. Undertaking Law and Legal Definition. Letter of undertaking means an agreement by which a ship-owner undertakes the following: to employ security on the ship; to enter an appearance acknowledge ownership; and. For the purposes of the Companies Act 2006, it means either: A body corporate or partnership; or. Undertaking – have you been breaking the law? Undertaking in general means an agreement to be reponsible for something. Breach of a solicitor’s undertaking is a matter of professional misconduct. 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. in … 19th Jun 2018 ‘Undertaking’ is the practice of overtaking a slower moving vehicle on its left-hand side (kerb side). Letter of undertaking means an agreement by which a ship-owner undertakes the following: to employ security on the ship; to enter an appearance acknowledge ownership; and. What is UNDERTAKING? Call a lawyer and get legal advice. [Cases: Admiralty 57. 1, 2 and 3 and for Respondents in No. UNDERTAKING, contracts. The new passive activity regulations: simplification at last? In a criminal case, an undertaking of bail is security for the appearance of the defendant. Undertaking During legal situations parties may make promises. The Court holds that the legal status or form of the entity in question is not the issue for the purposes of EU competition rules. Each of the promises made by the parties to a contract, considered independently and not as mutual, may, in this The Law Dictionary Featuring Black's Law Dictionary Free Online Legal Dictionary 2nd Ed. All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. Undertaking in general means an agreement to be reponsible for something. Dominant influence shall be presumed when public authorities, directly or indirectly, hold the majority of the undertaking’s subscribed capital or control the … The meaning of this term varies depending on the context in which it is used. The Court of Justice has, however, construed this term widely. A promise, engagement, or stipulation. A party seeking an interlocutory injunction will normally be required to give an undertaking to pay any damages the defendant may incur as a result of the injunction having been wrongfully obtained by the plaintiff. When it is called an undertaking this means it is a legal promise that can be enforced by the Court. Breaking it down into its constituent elements, an undertaking: must be a statement – which can either be oral or in writing but which does not have to include the words “undertake” or “undertaking”; undertaking definition: 1. a job, business, or piece of work: 2. a formal promise: 3. a job, business, or piece of work: . The Court of Justice has, however, construed this term widely. An undertaking with adequate security is a bond. Each of the promises made by the parties to a contract, considered independently and not as mutual, may. Undertaking Law & Legal Definition – USLegal – Undertaking in general means an agreement to be reponsible for something. Undertakings are one of the key clauses in a loan agreement, and you should read them carefully before entering into a loan agreement. Even if the Undertaking is flawed or contains errors, you may still be guilty of an offence if you breach any condition. Criminal Undertaking (Form 10), Breach of Undertaking / Fail to Comply A criminal court Undertaking (Form 10 as of 2020) is a common tool used in Ontario, Canada by the police to compel accused persons to attend court and abide by specific conditions while their case is pending before the courts. Unitary organisation (composed of personal, tangible and intangible aspects) engaged in an economic activity, regardless of the legal status of the entity and the way in which it is financed. Undertaking in an aggressive or reckless manner could be considered Careless Driving or more seriously Dangerous Driving, both of which are legally enforceable offences. (a) The defendant may object to the plaintiff's undertaking not later than 10 days after levy of the writ of possession. *note: The information on this page is not legal advice. Definition of Undertaking A promise, especially a promise in the course of legal proceedings by a party or his counsel, which may be enforced by attachment or otherwise in the same manner as an injunction. You can take simple steps to ensure that you comply with your loan’s undertakings. 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). Definition of Undertaking based on the Glossary of terms used in EU competition policy (Antitrust and control of concentrations, 2002):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. Undertaking in general means an agreement to be reponsible for something. “Such informal or extra-legal agreements save court costs and the marshal’s fees, avoid the annoyance of having the vessel even temporarily arrested and may well be cheaper than the usual surety bond …. “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.” Convenient, Affordable Legal Help - Because We Care. An engagement by one of the parties to a contract to If an undertaking for redelivery is filed and the defendant's undertaking is objected to, the provisions of Section 515.030 apply. 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. (b) The hearing may be held whether or not an undertaking has been filed but not if a deposit has been made pursuant to Section 720.260. C.J.S. In a legal context, it typically refers to a party agreeing to a surety arrangement, under which they will pay a debt or perform a duty if the other person who is bound to pay the debt or perform the duty fails to do so. What does undertaking mean? public undertaking means any undertaking over which the State or other regional or local authorities may directly or indirectly exercise a dominant influence by virtue of their ownership of it, their financial participation therein or the rules which govern it. The rules governing concentration… The following is are examples of state laws dealing with undertakings: (a) Not later than 15 days after the third-party claim is filed with the levying officer pursuant to Section 720.120 or 720.220, or 15 days after filing an undertaking pursuant to Section 720.610, either the creditor or the third person may petition the court for a hearing to determine the validity of the third-party claim and the proper disposition of the property that is the subject of the claim. In a legal context, it typically refers to a party agreeing to a surety arrangement, under which they will pay a debt or. In a legal context, it typically refers to a party agreeing to a surety arrangement. The term is used in a general sense to refer to any type of promise or stipulation. 5 East, R. 17; 2 Leon. There is no definition of an ‘undertaking’ given in the TFEU. An undertaking with adequate security is a bond. In the event the defendant fails to appear, the amount posted as bail is forfeited. 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 … 11.16.070 Filing an undertaking. State laws can vary as to the situations that permit undertaking. undertaking - any piece of work that is undertaken or attempted; "he prepared for great undertakings" 1 : a promise or pledge especially required by law. This Practice … United States – Undertaking is typically allowed on multi-lane roadways or to pass left-turning vehicles. Undertaking. In the event the defendant fails to appear, the amount posted as bail is forfeited. The ECJ’s method of statutory interpretation, although drawing on those of the national courts, is an individual one. Legal Definition of undertaking. The undertaking should only be given if it is within the solicitor’s power to perform the task required by the undertaking. An assurance. Undertaking definition, the act of a person who undertakes any task or responsibility. Browse US Legal Forms’ largest database of 85k state and industry-specific legal forms. Undertaking Agreement. In the event the defendant fails to appear, the amount posted as bail is forfeited. There is no definition of an ‘undertaking’ given in the TFEU. 224, 5; 4 B, & A. Letter of Undertaking Law and Legal Definition. The defendant shall mail … It is particularly important to make sure that you can comply with each undertaking and that it is within your control. 515.030. | Meaning, pronunciation, translations and examples In a legal context, it typically refers to a party agreeing to a surety arrangement. Undertakings are frequently used in family law cases in which the court does not consider there to be a need for a full injunction. It is particularly important to make sure that you can comply with each undertaking and that it is within your control. 595. Risto Rüütel has written an article on competition law issues related to agreements with management board members. It is commonly used to describe a promise made by either a party or his lawyer to the court to perform a particular task. 27-18-302. In a legal context, it typically refers to a party agreeing to a surety arrangement, under which they will pay a debt or perform a duty if the other person who is … You’ll find more answers, take a trial and find out how Lexis ®PSL saves you time. Undertaking. (c) The hearing shall be held within 20 days after the filing of the petition unless continued by the court for good cause shown. What does Undertaking mean? An undertaking is a commitment by a solicitor to do something. to pay any final decree entered against the vessel whether it is lost or not. 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. The legal definition of Undertaking is An unequivocal declaration of intention made by a lawyer in the course of his/her practice, addressed to someone who reasonably places reliance on it. An undertaking with adequate security is a bond. The sheriff shall thereupon file said undertaking with the clerk of the district court out of which said writ of attachment emanates, and such sheriff shall thereupon cease to be liable under said writ, and any and all actions on such undertaking shall be against the obligors named in such undertaking. A written promise offered as security for the performance of a particular act required in a legal action. An assurance. Letter of Undertaking Law and Legal Definition. Legal definition for UNDERTAKING: A promise, engager ment, or stipulation. In a criminal case, an undertaking of bail is security for the appearance of the defendant. A written promise offered as security for the performance of a particular act required in a legal action. If an undertaking for redelivery is filed and the defendant's undertaking is objected to, the provisions of Section 515.030 apply. An unincorporated association carrying on a trade or business, with or without a view to profit ( section 1161, Companies Act 2006 ). It is often overlooked that the definition of undertaking in competition law is quite broad and encompasses not only legal persons but (if … Definition of. In lieu of making either a general or special deposit, or to supplement a general deposit not sufficient in amount, the moving contractor may file an undertaking with the commissioner in a penal sum not less than one thousand dollars, executed either by two good and sufficient sureties or by a corporation incorporated for the purpose of making, guaranteeing, or becoming a surety upon bonds or undertakings, complying with Section 1056 of the Code of Civil Procedure, and by the moving contractor conditioned upon the payment of all fees and other charges required by this article, which may become due because of any permits issued during a period of not less than one year. To qualify, no intention to earn profits is required, nor are public bodies by defini-tion excluded. A party seeking an interlocutory injunction will normally be required to give an undertaking to pay any damages the defendant may incur as a result of the injunction having been wrongfully obtained by the plaintiff. Failure to comply with an undertaking can also be professional misconduct leading to disciplinary action by the SRA or SDT. The ECJ actually adopts “teleological” approach construing EU acts in accordance with the broad system of Treaty aims and objectives.1 You can take simple steps to ensure that you comply with your loan’s undertakings. A written promise offered as security for the performance of a particular act required in a legal action. (a) The defendant may object to the plaintiff's undertaking not later than 10 days after levy of the writ of possession. Undertakings are one of the key clauses in a loan agreement, and you should read them carefully before entering into a loan agreement. to pay any final decree entered against the vessel whether it is lost or not. In a criminal case, an undertaking of bail is security for the appearance of the defendant. Undertaking in general means an agreement to be reponsible for something. 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