Common use of Aggregation of Holdings Clause in Contracts

Aggregation of Holdings. For purposes of determining the availability of any right, the computation of shareholdings or the applicability of any limitation under this Agreement, each Investor’s holdings in the Company and the holdings of any of its Permitted Transferees shall be aggregated, and the aggregate holdings shall be considered to be held by such Investor and its Permitted Transferees as a single shareholder.

Appears in 3 contracts

Samples: Shareholders Rights Agreement (Negevtech Ltd.), Series A1 Preferred Share Purchase Agreement (Negevtech Ltd.), Series A1 Preferred Share Purchase Agreement (Negevtech Ltd.)

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Aggregation of Holdings. For purposes of determining the availability of computing minimum shareholdings required for any right, the computation of shareholdings or the applicability of any limitation purposes under this Agreement, each Investor’s Shareholder shall be entitled to aggregate its holdings in the Company and with the holdings of any of its Permitted Transferees shall be aggregated(as defined in the Articles), and the aggregate holdings shall be considered to be held by such Investor Shareholder and its Permitted Transferees as a single shareholderTransferees.

Appears in 3 contracts

Samples: Investors’ Rights Agreement (Catalyst Private Equity Partners (Israel) II LP), Investors’ Rights Agreement (Marker II LP), Investors’ Rights Agreement (Tufin Software Technologies Ltd.)

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