Common use of Pledgors’ Undertakings Clause in Contracts

Pledgors’ Undertakings. Pending the full repayment of the Secured Sums the Pledgor hereby covenants that: 5.1 Not to sell, transfer, lease, let or dispose of the Pledged Assets or any part thereof, nor suffer any other party to use the same in any manner whatsoever nor allow any other party to effect any of the above acts, without the prior written consent of the Trustee; 5.2 Notify the Trustee forthwith in the event of the imposition of any attachment over the Pledged Assets, give immediate notice to the attachor of the charge in favor of the Trustee and take at its own expense forthwith and without delay, all measures in order to remove the attachment; 5.3 Not to charge or pledge in any manner whatsoever the Pledged Assets by rights being that are equal, prior or subordinate to the rights of the Trustee nor assign any right that the Pledgor has in the Pledged Assets without receiving the prior written consent of the Trustee;

Pledgors’ Undertakings. Pending the full repayment of the Secured Sums the Pledgor hereby covenants that: 5.1 Not to sell, transfer, lease, let or dispose of the Pledged Assets or any part thereof, nor suffer any other party to use the same in any manner whatsoever nor allow any other party to effect any of the above acts, without the prior written consent of the Trustee; 5.2 Notify the Trustee forthwith in the event of the imposition of any attachment over the Pledged Assets, give immediate notice to the attachor of the charge in favor of the Trustee and take at its own expense forthwith and without delay, all measures in order to remove the attachment; 5.3 Not to charge or pledge in any manner whatsoever the Pledged Assets by rights being that are equal, prior or subordinate to the rights of the Trustee nor assign any right that the Pledgor has in the Pledged Assets without receiving the prior written consent of the Trustee; 5.4 In the event of payment of the Bonds being accelerated the Pledgor will, at the Trustee’s request, co-operate with the Trustee to the extent required subject to the Basic Principle, in order to convert the Charged Shares from a share certificate to “electronic shares”, in order to enable the trading thereof on the NASDAQ stock exchange.

Pledgors’ Undertakings. Pending the full repayment of the Secured Sums the Pledgor hereby covenants that: 5.1 Not to sell, transfer, lease, let or dispose of the Pledged Assets or any part thereof, nor suffer any other party to use the same in any manner whatsoever nor allow any other party to effect any of the above acts, without the prior written consent of the Trustee; 5.2 Notify the Trustee forthwith in the event of the imposition of any attachment over the Pledged Assets, give immediate notice to the attachor of the charge in favor of the Trustee and take at its own expense forthwith and without delay, all measures in order to remove the attachment; 5.3 Not to charge or pledge in any manner whatsoever the Pledged Assets by rights being that are equal, prior or subordinate to the rights of the Trustee nor assign any right that the Pledgor has in the Pledged Assets without receiving the prior written consent of the Trustee; 5.4 In the event of payment of the Bonds being accelerated the Pledgor will, at the Trustee’s request, co-operate with the Trustee to the extent required subject to the Basic Principle, in order to convert the Charged Shares from a share certificate to “electronic shares”, in order to enable the trading thereof on the Nasdaq exchange.

Pledgors’ Undertakings. Pending the full repayment of the Secured Sums the Pledgor hereby covenants that: 5.1 Not to sell, transfer, lease, let or dispose of the Pledged Assets or any part thereof, nor suffer any other party to use the same in any manner whatsoever nor allow any other party to effect any of the above acts, without the prior written consent of the Trustee; 5.2 Notify the Trustee forthwith in the event of the imposition of any attachment over the Pledged Assets, give immediate notice to the attachor of the charge in favor of the Trustee and take at its own expense forthwith and without delay, all measures in order to remove the attachment; 5.3 Not to charge or pledge in any manner whatsoever the Pledged Assets by rights being that are equal, prior or subordinate to the rights of the Trustee nor assign any right that the Pledgor has in the Pledged Assets without receiving the prior written consent of the Trustee;