Examples of IIA Grants in a sentence
IIA Grants are recognized in accordance with IFRS 9, "Financial Instruments" ("IFRS 9").
If on the date on which the right for the IIA Grants is established, the Company's management concludes that there is no reasonable assurance that the IIA Grants, to which entitlement has been established, will not be repaid, the Company recognizes a financial liability on that date, which is accounted for under the provisions of IFRS 9 regarding financial liabilities measured at amortized cost.
Prior to the Closing, the Israeli Subsidiary shall timely provide all notices to and take all actions necessary or advisable to obtain all approvals required to be obtained from any Governmental Entity, in each case in connection with the transactions contemplated by this Agreement, in respect of any grants, incentives or subsidies received by the Israeli Subsidiary from any Governmental Entity, including, without limitation, the IIA Grants (the “Israeli Subsidiary Grants”).
Schedule 5.8 Tax Matters Schedule 5.9 Intellectual Property Claims Schedule 5.11 Products Schedule 5.15 IIA Grants, Royalties, Payments, etc.
The Company is in material compliance with the terms and conditions of all IIA Grants which have been approved and the laws, rules and guidelines applicable thereto, and has duly fulfilled in all material respects all the undertakings required thereby and does not have any monetary debts to the IIA.
Prior to the Closing, the Company will cooperate with and assist Buyer, when and as reasonably requested, in any matter concerning the Company’s IIA Grants, including in preparing, drafting and submitting an application to transfer outside of Israel any know-how connected with any IIA Grants.
Request and Recommendation for Board of Education Approval to accept 2020-2021 Carryover Funds from the NJDOE for the Elementary and Secondary Education Act (ESEA) Title IA and Title IIA Grants for use During the 2021-2022 School Year.It is recommended by the Superintendent that the Board of Education grant approval to accept 2021-2022 carryover funds from the NJDOE for the ESEA Title IA and Title IIA Grant.
Prior to the Closing, the Company shall consult with Buyer regarding all matters relating to the IIA, will not discuss with the IIA or present to the IIA any facts or information relating to the Transactions, will not receive any funding under the approved IIA Grants of the Company, will not apply for any new IIA approvals for IIA Grants without obtaining Buyer’s or its counsel’s prior written consent and will not exercise any new IIA approval if granted to the Company.
The IIA Grants are not subject to annulment, revocation, withdrawal, suspension, cancellation, recapture or modification, and there is no outstanding requirement that the Company return or refund any benefits provided under any IIA Grant.
Immediately after submission of the application for the IIA Approval, if made prior to the Closing, the Company will notify the IIA that the Company waives the receipt of any amounts that were not yet received under the approved IIA Grants of the Company and that the Company withdraws any pending application(s) for additional IIA Grants.