Common use of Effectiveness of Internal Controls Clause in Contracts

Effectiveness of Internal Controls. The Company and the Subsidiaries are in compliance with any and all applicable requirements of Section 9B of the Securities Law Regulations (Periodic and Immediate Reports) – 1970, as applicable to the Company effective as of the date hereof and as of the date of the Closing, with respect to its reports on the effectiveness of internal auditing of financial reports and disclosure that are effective as of the date hereof.