Approved Enterprise Status. (i) The Company is in compliance in all material respects with all conditions and requirements stipulated by the instruments of approval granted to it with respect to the “Approved Enterprise” status of any of the facilities of the Company as well as with respect to the other tax benefits received by the Company as set forth under the caption “Israeli Tax Considerations and Government Programs” in the Prospectus and by Israeli laws and regulations relating to such “Approved Enterprise” status and the aforementioned other tax benefits received by the Company; (ii) all information supplied by the Company with respect to applications relating to such “Approved Enterprise” status was true, correct and complete in all material respects when supplied to the appropriate authorities; and (iii) the Company has not received any notice of any proceeding or investigation relating to revocation or modification of any “Approved Enterprise” status granted with respect to any of the Company’s facilities, in each case except for any failure to comply, inaccuracy, or notice that would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.
Approved Enterprise Status. The Company is in compliance in all material respects with all conditions and requirements stipulated by the instruments of approval granted to it with respect to the “Approved Enterprise” status of any of the Company’s facilities as well as with respect to the other tax benefits received by the Company as set forth under the caption “Israeli Taxation” in the Prospectus and by Israeli laws and regulations relating to such “Approved Enterprise” status and the aforementioned other tax benefits received by the Company. The Company has not received any notice of any proceeding or investigation relating to revocation or modification of any “Approved Enterprise” status granted with respect to any of the Company’s facilities.
Approved Enterprise Status. The Company is in compliance in all material respects with all conditions and requirements relating to the funding that it has received from the Israeli Ministry of Industry Trade and Labor and has not been notified of any default or acceleration of the repayment of such funding. All information supplied by the Company with respect to applications relating to such funding was true, correct and complete in all material respects when supplied to the appropriate authorities; and (iii) the Company has not received any notice of any proceeding or investigation relating to revocation or modification of such funding, in each case except for any failure to comply, inaccuracy, or notice that would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. None of the Company's facilities currently receive any tax benefits from “Approved Enterprise”, "Beneficiary Enterprise" or similar status in Israel.
Approved Enterprise Status. Neither the Company nor any subsidiary is in violation of any condition or requirement stipulated by (i) the instruments of approval granted to any of them by any Israeli authority with respect to the "APPROVED enterprise" status of any of its facilities, or (ii) Israeli laws and regulations relating to such approved enterprise status, which violation, individually or in the aggregate, could have a material adverse effect on the consolidated financial position, shareholders' equity, results of operations or business of the Company and its subsidiaries, taken as a whole, and does not have any knowledge or reason to believe that it will not comply in every material respect with such instruments of approval. The Company has not received any notice of any proceeding or investigation relating to revocation or modification of any "Approved Enterprise" status granted with respect to any of the Company's facilities. All information supplied by the Company with respect to its applications for "APPROVED ENTERPRISE" status is true, correct and complete in all material respects. Neither the Company nor any subsidiary is in violation of any conditions or requirements stipulated by the instruments of approval granted to any of them by the Office of the Chief Scientist in the Ministry of Industry, Commerce & Labor, with respect to any research and development grants given to it by such office, which violation, individually or in the aggregate, could have a material adverse effect on the consolidated financial position, shareholders' equity, results of operations or business of the Company or any of its subsidiaries, taken as a whole.
Approved Enterprise Status. The Company has satisfied and will continue to satisfy all conditions and requirements of (i) the instruments of approval entitling it or any of its operations to the status of "Approved Enterprise" under Israeli Law for the Encouragement of Capital Investments, 1959, and (ii) the applicable Israeli laws and regulations. All information supplied by the Company with respect to its applications for Approved Enterprise status was true, correct and complete in all material respects when supplied to the appropriate authorities.
Approved Enterprise Status. Neither the Company nor any of the Subsidiaries has been notified in writing of any request for an audit or other examination by the Israeli Tax authorities or the Israeli Investment Center in the Israeli Ministry of Industry, Trade and Labor with respect to the Company's status as an "Approved Enterprise" under the Israeli Law for the Encouragement of Capital Investment, 5719-1959.
Approved Enterprise Status. The Company's "approved enterprise" status with the Investment Center pursuant the first approval (Ktav Ishur Tochnit Aleph) dated June 2, 1997.
Approved Enterprise Status. Alvarion shall have assumed the Company's "approved enterprise" status with respect to the Company's plant in Omer, and all rights and obligations associated therewith as of the Closing Date, pursuant to the a specific Approval Certificate (- Ktav Ishur) relating to such plant, that is to be granted by the Investment Center, and subject to such terms as shall be approved by Alvarion in its sole discretion.
Approved Enterprise Status. On November 19, 1995 and December 9, 1996, the Company received certification of expansions of its existing enterprise as "Approved
Approved Enterprise Status. On November 19, 1995 and December 9, 1996, the Company received certification of expansions of its existing enterprise as "Approved Enterprises." The Company is in conformance in all material respects with the conditions of the certifications (kitvei ishur) issued on such dates, including reporting obligations and with the law governing Approved Enterprises, such certifications remain in full force and effect and the Company remains fully entitled to the benefits to which it is entitled as an Approved Enterprise under such certifications. The Israeli taxing authorities have not challenged the Company's status as an approved enterprise.
