All Templates
Voting undertaking
💴 Voting undertaking
Binding Irrevocable Undertaking Agreement (Rights Issue, or Secondary Issue)
Binding Irrevocable Undertaking Agreement (Rights Issue, or Secondary Issue)
Publisher one
Genie AISource file
binding_irrevocable_undertaking_agreement_(rights_issue,_or_secondary_issue)_template.docxJurisdiction
England and WalesCost
Free to useRelevant sectors
Type of legal document
💴 Voting undertakingBusiness activity
Voting undertakingA voting undertaking is a formal, written agreement between two companies that sets out the terms under which they will vote their shares in the other company. The undertaking may cover all votes or only specific votes, and may be revocable or irrevocable.
The legal template for a Binding Irrevocable Undertaking Agreement (Rights Issue, or Secondary Issue) under UK law serves as a legally binding document that outlines the terms and conditions between a company seeking to carry out a rights issue or secondary issue and the participating shareholders or investors.
In a rights issue, the company offers its existing shareholders the opportunity to purchase additional shares at a discounted price. This legal template would provide a framework for formalizing the commitments made between the company and the shareholders who have agreed to purchase the additional shares. It would outline the obligations of the company to issue the shares as agreed upon, while specifying the shareholders' commitment to purchase the allotted shares.
Alternatively, in a secondary issue, the company seeks to issue new shares to outside investors. This template would lay down the provisions for negotiating and finalizing such agreements with external shareholders or investors, incorporating their commitments to purchase the newly issued shares and the company's obligation to issue the shares accordingly.
The template could include clauses related to the quantity and price of shares, the time frame for exercising the rights or completing the purchase, payment terms, shareholder obligations, consequences of non-compliance, representations and warranties, termination provisions, dispute resolution mechanisms, and any other pertinent conditions as per the specific situation and applicable UK laws.
Overall, this legal template offers a comprehensive framework, specifically under UK law, for formalizing the commitments and obligations of both the company and the shareholders or investors involved in a rights issue or secondary issue scenario.
In a rights issue, the company offers its existing shareholders the opportunity to purchase additional shares at a discounted price. This legal template would provide a framework for formalizing the commitments made between the company and the shareholders who have agreed to purchase the additional shares. It would outline the obligations of the company to issue the shares as agreed upon, while specifying the shareholders' commitment to purchase the allotted shares.
Alternatively, in a secondary issue, the company seeks to issue new shares to outside investors. This template would lay down the provisions for negotiating and finalizing such agreements with external shareholders or investors, incorporating their commitments to purchase the newly issued shares and the company's obligation to issue the shares accordingly.
The template could include clauses related to the quantity and price of shares, the time frame for exercising the rights or completing the purchase, payment terms, shareholder obligations, consequences of non-compliance, representations and warranties, termination provisions, dispute resolution mechanisms, and any other pertinent conditions as per the specific situation and applicable UK laws.
Overall, this legal template offers a comprehensive framework, specifically under UK law, for formalizing the commitments and obligations of both the company and the shareholders or investors involved in a rights issue or secondary issue scenario.
How it works
PRODUCT HUNT
#1 Product of the Day
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
See Genie AI in action
Book your personalised demo now
Schedule a live, interactive demo with a Genie expert
Understand the most valuable features of Genie based on your workflow
Find out exactly how your business will benefit, from hours saved to faster revenue
Similar legal templates
Section 21(1) or 21(4) Notice (Wales)
The Section 21(1) or 21(4) Notice (Wales) is a legal template used in the United Kingdom, specifically in Wales, under the country's housing laws. This template is typically referred to by landlords or letting agents seeking to regain possession of a property let under an assured shorthold tenancy (AST) agreement.
In England and Wales, Section 21 of the Housing Act 1988 outlines the procedures for landlords to end an AST without fault or breach on the part of the tenant. The Section 21(1) or 21(4) Notice is specific to Wales, indicating which version of the notice is being served within the template.
The Section 21(1) notice is used when a fixed-term tenancy is ending or has already ended, without any fault or breach committed by the tenant. This notice provides the tenant with at least two months' notice to vacate the property, giving them sufficient time to find alternative accommodation and make necessary arrangements.
On the other hand, the Section 21(4) notice is relevant when the tenancy is periodic (rolling from month to month) or a statutory periodic tenancy has arisen after the end of a fixed-term tenancy. Like the Section 21(1) notice, the Section 21(4) notice gives the tenant at least two months' notice before the landlord expects them to leave the premises. This notice can be served after the initial fixed term of the tenancy has ended, providing landlords with a method to seek possession.
It is important to note that specific rules and regulations vary slightly between England and Wales. Therefore, this Section 21(1) or 21(4) Notice (Wales) legal template serves as a standard framework in compliance with the applicable Welsh housing legislation. It ensures landlords follow the required legal procedures to terminate an AST without fault, while also providing tenants with sufficient notice and the opportunity to arrange their relocation.
In England and Wales, Section 21 of the Housing Act 1988 outlines the procedures for landlords to end an AST without fault or breach on the part of the tenant. The Section 21(1) or 21(4) Notice is specific to Wales, indicating which version of the notice is being served within the template.
The Section 21(1) notice is used when a fixed-term tenancy is ending or has already ended, without any fault or breach committed by the tenant. This notice provides the tenant with at least two months' notice to vacate the property, giving them sufficient time to find alternative accommodation and make necessary arrangements.
On the other hand, the Section 21(4) notice is relevant when the tenancy is periodic (rolling from month to month) or a statutory periodic tenancy has arisen after the end of a fixed-term tenancy. Like the Section 21(1) notice, the Section 21(4) notice gives the tenant at least two months' notice before the landlord expects them to leave the premises. This notice can be served after the initial fixed term of the tenancy has ended, providing landlords with a method to seek possession.
It is important to note that specific rules and regulations vary slightly between England and Wales. Therefore, this Section 21(1) or 21(4) Notice (Wales) legal template serves as a standard framework in compliance with the applicable Welsh housing legislation. It ensures landlords follow the required legal procedures to terminate an AST without fault, while also providing tenants with sufficient notice and the opportunity to arrange their relocation.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
4
RATINGS
1
DISCUSSIONS
1
Rules for Message Board
Title: Rules for Message Board under UK Law
Description:
The "Rules for Message Board under UK Law" legal template serves as a comprehensive guide outlining the regulatory framework and guidelines that govern the operation and use of an online message board within the jurisdiction of the United Kingdom. This legal document provides a set of rules and expectations that administrators and users must adhere to when participating in or managing a message board platform.
1. Purpose and Scope:
This template establishes the purposes and objectives of the message board while defining its scope of application. The document clarifies the platform's intention, whether it is designed for public discussions, private groups, professional forums, or any other specific purpose. Understanding the purpose and scope ensures that the legal template caters to the specific needs of the message board, while adhering to UK laws and regulations.
2. User Responsibilities:
This section outlines the responsibilities, obligations, and code of conduct expected from individuals using the message board platform. It addresses issues such as respectful and lawful communication, prohibition of offensive or defamatory content, spamming, harassment, intellectual property infringement, and other activities that violate UK laws or ethical standards.
3. Content Moderation:
The legal template includes provisions relating to content moderation, which highlight the responsibilities and rights of the message board administrator or moderator. It may address issues such as the ability to remove, edit, or restrict user-generated content that violates the platform's rules or UK legal requirements. Additionally, guidelines for user reporting mechanisms, review processes, and dispute resolution may be included to help maintain a safe and constructive environment.
4. Privacy and Data Protection:
Given the importance of data protection, this template covers the privacy and data handling practices applicable to the message board platform. It outlines how personal information, such as user profiles and user-generated content, is collected, stored, processed, and protected in line with the UK's Data Protection Act or other relevant legislation.
5. Intellectual Property:
This section specifies the ownership and usage rights of intellectual property related to the platform. It outlines the permitted usage of copyrighted materials, trademarks, logos, and other intellectual property rights and establishes mechanisms for handling infringement claims.
6. Legal Compliance:
The legal template addresses legal compliance obligations, informing users of their responsibilities to comply with UK laws, including those related to defamation, hate speech, libel, obscenity, and discrimination. Furthermore, the document may outline the platform's commitment to cooperate with law enforcement agencies in compliance with relevant legislation, such as the Regulation of Investigatory Powers Act (RIPA) or the Communications Act.
By providing a comprehensive set of guidelines, the "Rules for Message Board under UK Law" legal template establishes a framework that promotes responsible and legal use of online platforms while safeguarding the rights and privacy of all participants. These rules contribute to the creation of a constructive and compliant virtual environment while adhering to the legal framework established by the United Kingdom.
Description:
The "Rules for Message Board under UK Law" legal template serves as a comprehensive guide outlining the regulatory framework and guidelines that govern the operation and use of an online message board within the jurisdiction of the United Kingdom. This legal document provides a set of rules and expectations that administrators and users must adhere to when participating in or managing a message board platform.
1. Purpose and Scope:
This template establishes the purposes and objectives of the message board while defining its scope of application. The document clarifies the platform's intention, whether it is designed for public discussions, private groups, professional forums, or any other specific purpose. Understanding the purpose and scope ensures that the legal template caters to the specific needs of the message board, while adhering to UK laws and regulations.
2. User Responsibilities:
This section outlines the responsibilities, obligations, and code of conduct expected from individuals using the message board platform. It addresses issues such as respectful and lawful communication, prohibition of offensive or defamatory content, spamming, harassment, intellectual property infringement, and other activities that violate UK laws or ethical standards.
3. Content Moderation:
The legal template includes provisions relating to content moderation, which highlight the responsibilities and rights of the message board administrator or moderator. It may address issues such as the ability to remove, edit, or restrict user-generated content that violates the platform's rules or UK legal requirements. Additionally, guidelines for user reporting mechanisms, review processes, and dispute resolution may be included to help maintain a safe and constructive environment.
4. Privacy and Data Protection:
Given the importance of data protection, this template covers the privacy and data handling practices applicable to the message board platform. It outlines how personal information, such as user profiles and user-generated content, is collected, stored, processed, and protected in line with the UK's Data Protection Act or other relevant legislation.
5. Intellectual Property:
This section specifies the ownership and usage rights of intellectual property related to the platform. It outlines the permitted usage of copyrighted materials, trademarks, logos, and other intellectual property rights and establishes mechanisms for handling infringement claims.
6. Legal Compliance:
The legal template addresses legal compliance obligations, informing users of their responsibilities to comply with UK laws, including those related to defamation, hate speech, libel, obscenity, and discrimination. Furthermore, the document may outline the platform's commitment to cooperate with law enforcement agencies in compliance with relevant legislation, such as the Regulation of Investigatory Powers Act (RIPA) or the Communications Act.
By providing a comprehensive set of guidelines, the "Rules for Message Board under UK Law" legal template establishes a framework that promotes responsible and legal use of online platforms while safeguarding the rights and privacy of all participants. These rules contribute to the creation of a constructive and compliant virtual environment while adhering to the legal framework established by the United Kingdom.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
3
RATINGS
3
DISCUSSIONS
2
Sale Of Freehold Plot Off-Plan (Sale of Part Contract)
This legal template pertains to the Sale of Freehold Plot Off-Plan (Sale of Part Contract) under UK law. The document provides a standardized framework and guidelines to facilitate the sale of a freehold plot that is yet to be constructed or completed. It caters to situations where the buyer purchases a portion or part of the property, typically in a development or estate, before it is fully built.
The template outlines the essential terms and conditions governing the contract, ensuring that both the buyer and the seller are legally protected and clear about their respective rights and obligations. It covers various important aspects such as the parties involved, detailed description of the plot including its location and boundaries, purchase price, payment schedule, and any applicable taxes or fees.
Additionally, the template highlights the timeline for completion and the remedies available to either party in case of delays or failures to comply with the agreed-upon terms. It also includes provisions related to warranties, building regulations, and planning permissions to safeguard the interests of the buyer and address any potential concerns.
Furthermore, the template may cover essential clauses on transfer of ownership, rights of access, and any shared facilities or amenities that may be part of the overall development. It may also address any potential contingencies, such as the buyer's right to inspect the property during construction or request changes to the agreed-upon plans.
In summary, this legal template serves as a comprehensive framework for the sale of a freehold plot off-plan, enabling both parties to enter into a fair and legally binding agreement that protects their respective interests and establishes clear guidelines for the completion and transfer of the property.
The template outlines the essential terms and conditions governing the contract, ensuring that both the buyer and the seller are legally protected and clear about their respective rights and obligations. It covers various important aspects such as the parties involved, detailed description of the plot including its location and boundaries, purchase price, payment schedule, and any applicable taxes or fees.
Additionally, the template highlights the timeline for completion and the remedies available to either party in case of delays or failures to comply with the agreed-upon terms. It also includes provisions related to warranties, building regulations, and planning permissions to safeguard the interests of the buyer and address any potential concerns.
Furthermore, the template may cover essential clauses on transfer of ownership, rights of access, and any shared facilities or amenities that may be part of the overall development. It may also address any potential contingencies, such as the buyer's right to inspect the property during construction or request changes to the agreed-upon plans.
In summary, this legal template serves as a comprehensive framework for the sale of a freehold plot off-plan, enabling both parties to enter into a fair and legally binding agreement that protects their respective interests and establishes clear guidelines for the completion and transfer of the property.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
6
RATINGS
0
DISCUSSIONS
2