Common use of OCS Undertaking Clause in Contracts

OCS Undertaking. Each Purchaser hereby agrees to execute an undertaking to the Israeli Office of the Chief Scientist in the form required by the Israeli Office of the Chief Scientist if such Purchaser shall hold 5% or more of the issued and outstanding Ordinary Shares.

Appears in 2 contracts

Samples: Share Purchase Agreement (Tefron LTD), Share Purchase Agreement (Lieberman Martin)

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OCS Undertaking. Each The Purchaser hereby agrees to execute an undertaking to the Israeli Office of the Chief Scientist in the form required by the Israeli Office of the Chief Scientist attached hereto as Exhibit 2.2(iv) if such Purchaser shall hold 5% or more of the issued and outstanding Ordinary Shares.

Appears in 2 contracts

Samples: Share Purchase Agreement (Tefron LTD), Share Purchase Agreement (Tefron LTD)

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OCS Undertaking. Each Purchaser hereby agrees to execute an undertaking to the Israeli Office of the Chief Scientist in the form required by the Israeli Office of the Chief Scientist attached hereto as Exhibit 2.2(iv) if such Purchaser shall hold 5% or more of the issued and outstanding Ordinary Sharesshares of Common Stock.

Appears in 1 contract

Samples: Securities Purchase Agreement (Tower Semiconductor LTD)

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