IIA Undertaking definition
Examples of IIA Undertaking in a sentence
The Purchaser shall have submitted to the IIA the Purchaser IIA Undertaking.
The applicable material equityholders of Company and/or any affiliate thereof (as requested by the IIA) shall have filed duly executed IIA Undertaking with the IIA; the IIA shall have accepted the parties’ notice to the IIA of the Merger and the transactions contemplated thereby.
In addition, Purchaser shall have delivered a duly executed copy of the Purchaser IIA Undertaking to the IIA and to the Company.
Following the Closing, Vibrant shall continue to be subject to the provisions of the Israeli R&D Law and related rules and guidelines, and, to the extent required, the applicable material equityholders of Vibrant and/or Company and any affiliate thereof, as required thereunder, shall execute the IIA Undertaking to this effect.
The Company shall submit, at the Closing to the IIA, a notice relating to the transfer of the Notes and Warrants to each Investor pursuant to this Agreement together with the IIA Undertaking (the “IIA Notice”).