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This document outlines the irrevocable undertaking related to the acquisition of The City Pub Group PLC by Young & Co.’s Brewery P.L.C., including terms and conditions of the transaction, signed on November 16, 2023.
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A deed of irrevocable undertaking is a formal legal document that binds a party to uphold specific obligations without the ability to revoke or withdraw from those obligations without the consent of the other involved parties.
Typically, parties involved in a legal agreement or transaction that requires binding commitments may be required to file a deed of irrevocable undertaking. This can include individuals, companies, or organizations, depending on the context.
To fill out a deed of irrevocable undertaking, one must include the name of the parties involved, a clear statement of the obligations being undertaken, the effective date, signatures of all parties, and any necessary notarization.
The purpose of a deed of irrevocable undertaking is to provide a legally binding commitment for a party to fulfill certain obligations, offering security and assurance to the other parties involved in the transaction.
The information that must be reported includes the names and addresses of the parties, details of the obligations, the effective date, conditions under which the obligations are to be fulfilled, and any relevant legal clauses.
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