Examples of Israeli Guarantor in a sentence
No Israeli Guarantor or other Obligor is party to an installment arrangement (“hesder prisa”) with the Israeli Tax Authority, the National Insurance Institute of Israel (“Bituach Leumi”) or any municipal authority in Israel, and no obligations of such Obligor to any of such entities will be rescheduled, deferred or otherwise paid in instalments or can or will be classified as “Preferred Debts” (“hovot be-din kadima”) under Section 234(a)(5) of the Israeli Insolvency and Economic Rehabilitation Law.
We had no asset impairment charges related to contract assets during 2022 or 2021.
Borrower, Irish Guarantor and Israeli Guarantor (subject to 5.12(b), as applicable), shall have executed and delivered such amendments or supplements to this Agreement and additional Security Documents, financing statements and third party waivers as Agent may reasonably request, or as may be required in accordance with any applicable law, in connection with the proposed Loan, in order to create, protect or perfect or to maintain the perfection of Agent’s Liens on the Collateral.
Management also uses these non-GAAP financial measures in making financial, operating and planning decisions and in evaluating the Company’s performance.
Each of Borrower and Israeli Guarantor has complied with all licensing, permit and fictitious name requirements necessary to lawfully conduct the business in which it is engaged, and to any sales, leases or the furnishing of services by Borrower or Israeli Guarantor, including without limitation those requiring consumer or other disclosures, the noncompliance with which would have a Material Adverse Effect.
Each Israeli Guarantor will, from the provision of the facility and other benefits to the Borrowers hereunder, receive substantial benefit equivalent in value to such Israeli Guarantor’s Guaranty hereunder and its Board of Directors has so determined.
The resolutions of the Board of the Israeli Guarantor referred to the above in this clause (b) shall certify, pursuant to sections 256(d) and 282 of the Israeli Companies Law, that all approvals, as required under the Israeli Companies Law (including, without limitation, under sections 255, 270-272 and Section 277 thereof) and the Organic Documents of the Israeli Guarantor, have been duly obtained for, amongst other things, the Transactions.
Administrative Agent shall promptly provide Israeli Guarantor with evidence of the due filing for registration of the notices to charges (Form 10) and the Form 10 Deliverables stamped ‘nitkabel’ by the Israeli Companies Registrar upon receipt of the same.
Existing openings would be utilised and two roof lights would be provided.
The Administrative Agent shall have received this Amendment, duly executed by the Borrower, the Parent Guarantor, the Israeli Guarantor and each of the Majority Lenders.