Common use of Industrial Company Clause in Contracts

Industrial Company. The Company is qualified as an "Industrial Company" within the definition of the Law for the Encouragement of Industry (Taxes), 1969., and has obtained a certificate of the Company's auditors certifying such qualification, a copy of which is attached to this Agreement as Schedule 3.13. According to the Company's best knowledge, information and belief, there is no reason for disqualifying the Company from being an Industrial Company, nor would such reason arise through the conduct and performance of the Company's business and operations in accordance with its plans and projections.

Appears in 3 contracts

Samples: Share Purchase Agreement (Paradigm Geophysical LTD), Share Purchase Agreement (Shamrock Holdings Inc/Ca), Share Purchase Agreement (Paradigm Geophysical LTD)

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Industrial Company. The Company is qualified as an "Industrial Company" within the definition of the Law for the Encouragement of Industry (Taxes), 1969., and has obtained a certificate of the Company's auditors certifying such qualification, a copy of which is attached to this Agreement as Schedule 3.13. According to To the Company's best knowledge, information and belief, there is no reason for disqualifying the Company from being an Industrial Company, nor would such reason arise through the conduct and performance of the Company's business and operations in accordance with its plans and projections.

Appears in 1 contract

Samples: Share Purchase Agreement (Paradigm Geophysical LTD)

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