Pledge Permit definition

Pledge Permit. - Permit to hold means of control of Bezeq by way of pledge, granted to Reznik Paz Nevo Trusts Ltd. on ___________, 2019.
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Pledge Permit means a Permit to Hold Means of Control Pursuant to a Lien on the Means of Control in “Bezeq”, the Israeli Telecommunications Corp. Ltd., issued pursuant to the Communications Order by the Israeli Prime Minister and the Minister of Communications in respect of the Security granted pursuant to the Bezeq Share Pledge and the SP2 Share Pledge, as such Pledge Permit may be amended from time to time.
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Pledge Permit means a permit to hold Means of Control pursuant to a lien on the Means of Control in Bezeq and SP-2, which was granted by the Ministers to the Security Agent on January 28, 2014, pursuant to the Communications Law and the Communications Order, a copy of which is attached hereto as Exhibit E, as amended or supplemented from time to time.
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Examples of Pledge Permit in a sentence

  • Each of the Parties agrees that the Security Agent shall have only those duties, obligations and responsibilities expressly specified in this Agreement or in the Security Documents to which the Security Agent is expressed to be a party (and no others shall be implied), in each case where applicable subject to the terms of the Communications Law, the Communications Order and the Pledge Permit.

  • Subject to the terms and conditions of the Pledge Permit, the Senior Secured Notes Finance Parties and the Senior Secured Noteholders may amend or waive the terms of the Senior Secured Notes Finance Documents in accordance with the terms of the Senior Secured Notes Finance Documents (and subject to any Consent required under them) at any time.

  • No Party may assign any of its rights and benefits or transfer any of its rights, benefits and obligations in respect of any Debt Documents or the Liabilities except as permitted by this Clause ‎18 and, where applicable, in accordance with the terms of the Pledge Permit.

  • After the Prior Approval is granted with respect to a candidate to serve as a receiver or trustee and in order to receive the Ministers’ approval as mentioned in the foregoing sentence, the Security Agent shall (to the extent required) submit an update to the request that was submitted with respect to such a candidate for serving as a receiver or trustee, which such update shall be in the manner prescribed in the Pledge Permit.

  • None of the Security Agent, any Receiver or any Delegate is entitled to delegate (whether by power of attorney or otherwise) to any person for any period, any of the rights, powers and discretions vested in it by any of the Debt Documents if, or to the extent that, such delegation would be prohibited under the Pledge Permit, the Communications Law or the Communications Order.

  • Subject to the terms and conditions of the Pledge Permit, the Communications Law and the Communications Order, the rights and remedies provided in this Agreement are cumulative and not exclusive of any rights or remedies provided by law.

  • In accordance with the Security Documents, the enforcement of any of the Control Share Pledges and the transfer of the shares pledged thereunder will be effected subject to applicable Israeli law, including the Communications Law, the Communications Order, the Control Permits (as such term is defined in the Pledge Permit) and the Licenses.

  • No person providing hedging arrangements to any Debtor shall be entitled to share in any of the Transaction Security unless that person is or becomes a Party as a Hedge Counterparty in accordance with this Agreement and is identified or defined as a one of the “Gufim Megadrim” in the Pledge Permit.

  • The rights, powers and discretions conferred upon the Security Agent by this Agreement shall be supplemental to the Trustee Xxx 0000 and the Trustee Xxx 0000 and in addition to any which may be vested in the Security Agent by general law or otherwise, but subject to the Communications Order, the Communications Law and the Pledge Permit.

  • The Ministers’ approval shall expire if the receiver or trustee ceases to satisfy the required terms of the Pledge Permit.


More Definitions of Pledge Permit

Pledge Permit. - Permit to hold means of control of Bezeq by way of pledge, granted to
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Related to Pledge Permit

  • General permit means a Permit which covers multiple dischargers of a point source category within a designated geographical area, in lieu of individual Permits being issued to each discharger.

  • Security Documents means the Security Agreement, the Mortgages, the Intellectual Property Security Agreement, the Pledge Agreement, the Facility Guarantee, and each other security agreement or other instrument or document executed and delivered pursuant to this Agreement or any other Loan Document that creates a Lien in favor of the Collateral Agent to secure any of the Obligations.

  • Operating Permit means a permit issued pursuant to section 10 of this local law. The term “Operating Permit” shall also include an Operating Permit which is renewed, amended or extended pursuant to any provision of this local law.

  • Administrative permit amendment means an air quality operating permit revision that:

  • Collateral Documents means, collectively, the Security Agreement, the Intellectual Property Security Agreements, the Mortgages (if any), each of the collateral assignments, security agreements, pledge agreements or other similar agreements delivered to the Administrative Agent, Collateral Agent or the Lenders pursuant to Sections 4.01(1)(c), 6.11 or 6.13 and each of the other agreements, instruments or documents that creates or purports to create a Lien in favor of the Collateral Agent for the benefit of the Secured Parties.