безотзывное обязательство(examples by 'More • Irrevocable undertakings fall into two categories: (a) Hard irrevocables, which remain binding even if a higher offer is made for the offeree. (b) Soft irrevocables, which will fall away to allow the shareholder to accept a higher offer which is made (typically one which is at least 10% higher than of the value of the offer to which the irrevocable relates). • an irrevocable is the promise of the potential offeror to make the offer. As a safeguard against the irrevocable being held void for lack of consideration ...inn)
безотзывный траст(=irrevocable trust • There are two primary types of trusts: revocable trusts and irrevocable trusts. With a revocable trust, also known as a living trust, the creator can change or dissolve it and make a new estate plan at any point. However, many family trusts are established as irrevocable trusts. Once the grantor finalizes an irrevocable trust, there is little freedom to make changes. That is because the property transferred to an irrevocable is no longer legally the property of the person or persons who initially formed the trust. A family trust can therefore hold its assets for the trust’s beneficiaries regardless of life-changing events. • An irrevocable is a device that allows you to place your assets under the care of another person based on terms that you determine in advance. • The biggest disadvantage of an irrevocable is that you cannot change or terminate it without the approval of your beneficiaries.'More)
