Israeli Shareholders definition
Examples of Israeli Shareholders in a sentence
The other Israeli Shareholders shall notify Matav of each scheduled sale of Shares pursuant to Clause 3.1, 3.2 or 3.3 at least four (4) Business Days prior thereto.
The selling Israeli Shareholders, on the one hand, and ▇▇▇▇▇▇▇▇▇, on the other hand, shall each bear one-half of all stamp duty and transfer taxes payable in connection with the transactions contained in this Agreement, to the extent applicable.
Each of the Israeli Shareholders hereby represents and warrants with respect to itself, severally and not jointly, to and for the benefit of ▇▇▇▇▇▇▇▇▇, the representations and warranties set forth below.
As soon as practicable after the date hereof, the Israeli Shareholders shall negotiate in good faith to enter into an Escrow Agreement with said escrow agent.
For so long as no Shares shall have been sold by any Israeli Shareholders pursuant to Clause 3.3, then, within six months from the closing of the Call Option transaction, ▇▇▇▇▇▇▇▇▇ will have the right, exercisable by written notice to the Israeli Shareholders, to sell back the Shares purchased pursuant to the Call Option to the respective Israeli Shareholder sellers, severally and not jointly, at the price equal to the purchase price paid by ▇▇▇▇▇▇▇▇▇, plus interest at the rate of 90-day LIBOR per annum.
If the foregoing is acceptable to Partner, please indicate Partner’s acceptance of our offer to effect the Buy Back by signing in the space provided below and send a copy of this signed letter agreement to the Israeli Shareholders.
Thereafter, subject to the obligation of Israeli Shareholders under Clause 8.1(d), ▇▇▇▇▇▇▇▇▇ shall use its best efforts, for so long as it owns more than 50% of the Shares, to maintain the number of Israeli members of the Company’s Board of Directors that may be required under the License from time to time.
The other Israeli Shareholders shall notify Matav of such scheduled closing at least four business days prior thereto.
Such payments shall be paid by wire transfer to ▇▇▇▇▇▇▇▇▇, to a bank account notified to the Israeli Shareholders, within five (5) Business Days from date of said first sale of said Shares.
The price per share of the Matav Put Option shall equal the actual prices of the applicable sales made by the Israeli Shareholders, plus the interest accrued on the escrowed amount described below.