Examples of Securities Law in a sentence
Neither the Company nor any subsidiary of the Company has engaged in any form of solicitation, advertising or any other action constituting an offer to the public under the Israeli Securities Law, 5728-1968, as amended, and the rules and regulations promulgated thereunder (the “Israeli Securities Law”) in connection with the transactions contemplated hereby which would require the Company to publish a prospectus in the State of Israel under the laws of the State of Israel.
None of the outstanding share capital of the Company were issued in violation of the preemptive or other similar rights of any securityholder of the Company or of the Israeli Securities Law.
Any amendment to the Companies Law, the Israeli Securities Law, the Economic Competition Law or other applicable law adversely affecting the right of Indemnitee to be indemnified, insured or released pursuant hereto shall be prospective in effect, and shall not affect the Company’s obligation or ability to indemnify or insure Indemnitee for any act or omission occurring prior to such amendment, unless otherwise provided by applicable law.
The distribution of Resulting Issuer Shares, Amalco Shares and Resulting Issuer Shares pursuant to the Business Combination shall be exempt from the prospectus and registration requirements of Applicable Canadian Securities Law.
The Company’s obligations and Investor rights under Sections 1.1, 1.2, 1.3, 1.4, 1.5., 1.7, and 2 herein shall terminate and shall be of no further force or effect upon the closing of the Company’s initial firmly underwritten public offering of its Ordinary Shares pursuant to an effective registration statement under the United States Securities Act of 1933, as amended, the Israeli Securities Law of 1968, or any equivalent law of another jurisdiction (the “Securities Act”) (the “IPO”).