Common use of Transfer of the Bonds Clause in Contracts

Transfer of the Bonds. The Bonds are transferable in relation to the entire par value thereof, and even regarding a portion thereof, provided that it shall be in whole New Shekels. Any transfer of the Bonds (excluding a transfer being carried out by way of trading on the TASE) shall be effected according to a transfer deed in the customary version, properly signed by the registered Holder or its legal representatives and by the recipient of the transfer or its legal representatives, which shall be delivered to the Company at its registered office, attaching the Bond Certificates being transferred pursuant thereto, and any other proof that shall be required by the Company for the sake of proving the transferor's right to transfer them. If tax or any other compulsory payment shall apply to a transfer deed for the Bonds, proof of the payment thereof must be delivered to the Company to the Company's satisfaction. The provisions of the Company's Articles of Association applicable to transfers of fully paid-up shares and on the assignment thereof shall apply, MUTATIS MUTANDIS, as the case may be, on the mode of transfer of the Bonds and the assignment thereof. In the event of a transfer of only a portion of the par value of the Bonds registered in the Bond Certificate, the Bond Certificates must be split, pursuant to the provisions of clause 15 hereunder, first into the number of Bond Certificates so required, in such manner that the total sums of the par value registered therein shall be equal to the sum of the par value of the Bonds registered in the said Bond Certificate. After the fulfillment of all these conditions, the transfer shall be recorded in the Register for the Relevant Series, and the Company shall be allowed to demand that a note regarding the transfer as stated shall be recorded on the Certificate of the Bonds being transferred, which shall be delivered to the transferee, or that a new Bond Certificate shall be issued to the transferee, and all of the conditions specified in the Certificate of the Bonds being transferred shall apply to the transferee, so that, every reference to the "holder" shall be deemed to mean "the transferee" and the transferee shall be deemed the "holder" for the purposes of the Trust Deed for the Relevant Series.

Transfer of the Bonds. The Bonds 11.1. Subject to the content Section 11.4, the bonds are transferable for every nominal sum, as long as it is in relation to the entire par value thereof, and even regarding a portion thereof, provided that it shall be in whole New Shekelsinteger NIS. Any transfer of the Bonds (excluding bonds will be carried out based on a transfer being carried out by way of trading on the TASE) shall be effected according to deed, drafted in a transfer deed wording as acceptable in the customary versionCompany for transferring shares, properly signed appropriately by the registered Holder bondholder or its his legal representatives and by representatives, as well as the recipient of the transfer or its his legal representatives, which shall be delivered given to the Company at its registered office, attaching office together with the Bond Certificates being bond certificates transferred pursuant theretoin accordance with it, and any other reasonable proof that shall be required as demanded by the Company for the sake of proving the transferor's right of the transferring party to make the transfer. The Company will be authorized to keep the transfer themdeed in its possession. 11.2. If tax All expenses related to the transfer of the bonds, including taxes, handling commissions for splitting and other imposts, if any, will apply to the applicant for the splitting or any other compulsory payment shall the transfer, respectively. The provisions of this section will also apply to a forfeiture of the bonds, mutatis mutandi. 11.3. Should any mandatory payment apply to the transfer deed for the Bondsbonds, the Company will be given reasonable proof of this payment by the payment thereof must be delivered to applicant for the Company to the Company's satisfaction. The provisions of the Company's Articles of Association applicable to transfers of fully paid-up shares and on the assignment thereof shall apply, MUTATIS MUTANDIS, as the case may be, on the mode of transfer of the Bonds and the assignment thereoftransfer. 11.4. In the event of a the transfer of only a portion part of the par value nominal sum of the Bonds registered bonds in the Bond Certificatethis bond certificate, the Bond Certificates must it will first be split, split pursuant to the provisions of clause 15 hereunder, first Section 12 below into the number of Bond Certificates so several bond certificates as required, in such manner a way that the total sums of the par value registered principal sum lists listed therein shall will be equal to the nominal principal sum of the par value of the Bonds registered in the said Bond Certificateaforementioned bond certificate. 11.5. After the fulfillment all of all these conditionsconditions are carried out, the transfer shall will be recorded in the Register for the Relevant Seriesregistry, and all terms listed in the trust deed and in this bond certificate will apply to the beneficiary of the transfer. The Company shall will be allowed entitled to demand that a note regarding the aforementioned transfer as stated shall be is recorded on in the Certificate transferred bond certificate given to the recipient of the Bonds being transferred, which shall be delivered to the transfereetransfer, or that he is issued, instead, a new Bond Certificate shall be issued to the transferee, and all of bond certificate. All the conditions specified in the Certificate of the Bonds being transferred shall listed therein will apply to the transfereebeneficiary of the transfer, so that, every reference to the "holder" shall and he will be deemed to mean "the transferee" and the transferee shall be deemed the "holder" considered a bondholder for the purposes of the Trust Deed for trust deed. 11.6. It is hereby clarified that the Relevant Seriesprovisions of Section 11 herein will not apply in relation to the bonds owned by a bondholder and registered in the name of the registration company.

Transfer of the Bonds. The Bonds are transferable in relation to the entire par value thereof, and even regarding a portion thereof, provided that it shall be in whole New Shekels. Any transfer of the Bonds (excluding a transfer being carried out by way of trading on the TASE) shall be effected according to a transfer deed in the customary version, properly signed by the registered Holder or its legal representatives and by the recipient of the transfer or its legal representatives, which shall be delivered to the Company at its registered office, attaching the Bond Certificates being transferred pursuant thereto, and any other proof that shall be required by the Company for the sake of proving the transferor's right to transfer them. If tax or any other compulsory payment shall apply to a transfer deed for the Bonds, proof of the payment thereof must be delivered to the Company to the Company's satisfaction. The provisions of the Company's Articles of Association applicable to transfers of fully paid-up shares and on the assignment thereof shall apply, MUTATIS MUTANDIS, as the case may be, on the mode of transfer of the Bonds and the assignment thereof. In the event of a transfer of only a portion of the par value of the Bonds registered in the Bond Certificate, the Bond Certificates must be split, pursuant to the provisions of clause 15 14 hereunder, first into the number of Bond Certificates so required, in such manner that the total sums of the par value registered therein shall be equal to the sum of the par value of the Bonds registered in the said Bond Certificate. After the fulfillment of all these conditions, the transfer shall be recorded in the Register for the Relevant Series, and the Company shall be allowed to demand that a note regarding the transfer as stated shall be recorded on the Certificate of the Bonds being transferred, which shall be delivered to the transferee, or that a new Bond Certificate shall be issued to the transferee, and all of the conditions specified in the Certificate of the Bonds being transferred shall apply to the transferee, so that, every reference to the "holder" shall be deemed to mean "the transferee" and the transferee shall be deemed the "holder" for the purposes of the Trust Deed for the Relevant Series.

Transfer of the Bonds. The Bonds are transferable in relation to the entire par value thereof, and even regarding a portion thereof, provided that it shall be in whole New Shekels. Any transfer of the Bonds (excluding a transfer being carried out by way of trading on the TASE) shall be effected according to a transfer deed in the customary version, properly signed by the registered Holder or its legal representatives and by the recipient of the transfer or its legal representatives, which shall be delivered to the Company at its registered office, attaching the Bond Certificates being transferred pursuant thereto, and any other proof that shall be required by the Company for the sake of proving the transferor's right to transfer them. If tax or any other compulsory payment shall apply to a transfer deed for the Bonds, proof of the payment thereof must be delivered to the Company to the Company's satisfaction. The provisions of the Company's Articles of Association applicable to transfers of fully paid-up shares and on the assignment thereof shall apply, MUTATIS MUTANDIS, as the case may be, on the mode of transfer of the Bonds and the assignment thereof. In the event of a transfer of only a portion of the par value of the Bonds registered in the Bond Certificate, the Bond Certificates must be split, pursuant to the provisions of clause 15 14 hereunder, first into the number of Bond Certificates so required, in such manner that the total sums of the par value registered therein shall be equal to the sum of the par value of the Bonds registered in the said Bond Certificate. After the fulfillment of all these conditions, the transfer shall be recorded in the Register for the Relevant Series, and the Company shall be allowed to demand that a note regarding the transfer as stated shall be recorded on the Certificate of the Bonds being transferred, which shall be delivered to the transferee, or that a new Bond Certificate shall be issued to the transferee, and all of the conditions specified in the Certificate of the Bonds being transferred shall apply to the transferee, so that, every reference to the "holder" shall be deemed to mean "the transferee" and the transferee shall be deemed the "holder" for the purposes of the Trust Deed for the Relevant Series.