TASE Approval definition
Examples of TASE Approval in a sentence
The obligations of the Parties under this Agreement are subject to the Company having received the BOD Approval and the TASE Approval and subject to the regulations and directives of the TASE, as in effect from time to time.
The Company shall have obtained the TASE Approval; it being clarified, however, that failure to receive the TASE and/or Israeli Securities Authority approval for any of the terms and conditions set forth in Section 4.10, shall not cause a postponement of the Closing, provided that all other conditions to closing set forth in this Section have been fulfilled.
Without derogating from the generality of the foregoing, prior to the Advance Closing Date, the Company shall obtain the TASE Approval evidencing the consent of the TASE, to the listing of the Shares on the TASE.
Except for the approval of the Company's shareholders and the TASE Approval (as defined below), both to be received as a condition to Closing, the Company has received all consents, approvals, authorizations or permits which are required in connection with the consummation by the Company of the transactions contemplated by this Agreement, such approvals are listed in Schedule 3.4 hereto.
Prior to the publication of any Shelf Prospectus, as applicable, the Company shall obtain from the TASE a General TASE Approval evidencing the consent of the TASE, in principle, to the listing of at least such number of shares calculated by dividing the Commitment Amount by the market price of the Shares as of the date hereof (the “General TASE Approval”).
Immediately prior to the publication of each Shelf Offering Document with respect to a specific Advance, the Company shall obtain a Specific TASE Approval to the listing of such number of Shares covered under the Advance (the “Specific TASE Approval”).
The Company shall use commercially reasonable best efforts to take, or cause to be taken, all actions, and do or cause to be done all things, reasonably necessary, proper or advisable on its part under applicable laws and rules and policies of TASE to obtain the TASE Approval with respect to each of the First Closing and the Second Closing.
The Company shall use its best efforts to cause such General TASE Approval to remain in full force and effect during the Commitment Period and upon delivery of any Advance Notice shall ensure that the number of shares remaining under the General TASE Approval is greater than or equal to the maximum number of shares issuable pursuant to such Advance.
The Board of Directors determined, in accordance with Section 282 of the Companies Law, that all approvals have been obtained by the Company and that no other approval is required by the Company for the execution, delivery and consummation of the transactions contemplated by the Transaction Documents subject to the receipt of the TASE Approval and the Shareholders Approval s pursuant to Section 270(5) of the Companies Law.
BOD Approval and TASE Approval, are subject to the regulations and directives of the TASE, as amended from time to time.