Common use of The Debentures Clause in Contracts

The Debentures. 2.1. The Debentures in this Certificate is part of a Series of up to three (3) Series of Debentures (Series C to E), where each of the Series will have a total nominal value of up to 2,000,000,000 and up to three (3) Series of Debentures (Series F to H), where each of the Series will have a total nominal value of up to 500,000.000, registered to name. The conditions for repayment (principal) of Debentures of each of the said series, the linkage basis (or the absence thereof) and the type of interest (or the absence thereof), or the margin above or under the base interest rate applicable to the principal of the Debentures in each of the aforementioned series, (or the absence thereof) as applicable, will be as detailed in sections 3 – 5 hereinafter. 2.2. The Debentures Series F to H will be convertible to regular Company shares of a nominal value of NIS 0.01 each, on each trade day, starting with the date the said Debentures were listed for trade on the Stock Exchange, and until a few days prior to the termination of the period of the Debentures of the same series, except for a number of days prior to the date scheduled for partial redemption, in conformance with the Stock Exchange provisions, in force at the date of the Offering Report, as defined in section 1.5 of the Deed of Trust and until the date the partial redemption takes place , and this according to an exchange rate that should not be less than the nominal value of the regular shares at the date of the Initial Offering Report of the Debentures in Series F to H ( subject to adjustments as detailed in sections 6.1 and 6.3 hereinafter), under the conditions and in the manner detailed in the Initial Offering Report of the Debentures of each of the said Series, as those details will be set forth by the Company prior to the first offering of the Debentures of the relevant Series.. For additional details please see also section 6 hereinafter.

The Debentures. 2.1. 2.1 The Debentures contained in this Certificate is certificate are part of a series of up to five (5) series of Debentures (Series of C to G) or up to three (3) Series series of Debentures (Series C H to EJ), where each of the Series these series of Debentures will have a total nominal be to an aggregate par value of up to 2,000,000,000 and up to three (3) Series of Debentures (Series F to H)NIS 1,500,000,000, where each registered in the name of the Series will have a total nominal value of up to 500,000.000, registered to nameholder. The conditions for repayment (principal) of Debentures of each of the said seriesaforesaid series will be repayable (principal), the will have linkage basis (or the absence thereof) and the without linkage), type of interest (or the absence thereof), of interest) and interest rate or the margin above or under below the base interest rate applicable to which the principal of the Debentures in of each of the aforementioned seriesaforesaid series will bear, (or without interest which the absence thereof) principal of the Debentures of each of the aforesaid series will bear, as applicablethe case may be, will be are all as detailed described in sections 3 – Paragraphs 3-5 hereinafterbelow. 2.2. 2.2 The Debentures of Series F H to H J will be convertible to regular Company into ordinary shares of a nominal NIS 1 par value each of NIS 0.01 eachthe Company, on each trade day, starting with any trading day commencing from the date the said listing of such Debentures were listed for trade trading on the Stock Exchange, Exchange and until up to a few number of days prior to before the termination end of the period of the Debentures of the same that series, except for a number of days prior to before the effective date scheduled for partial redemption, redemption in conformance accordance with the Stock Exchange provisions, in force directives as prevailing at the date of the Offering Reportoffering report, as defined in section Clause 1.5 of the Deed of Trust Trust, and until up to the date of effecting of the partial redemption takes place redemption, and this according to an exchange at a conversion rate that should which shall not be less than the nominal par value of the regular ordinary shares at the date of the Initial Offering Report first offering report of the Debentures in of Series F H to H ( J (subject to adjustments as detailed mentioned in sections Paragraphs 6.1 and 6.3 hereinafterbelow), under the conditions in such manner and on such conditions, as shall be particularized in the manner detailed in the Initial Offering Report of first offering report while the Debentures of each of the said Seriesaforesaid series, as those in accordance with the specification of these details will be set forth by the Company immediately prior to the first initial offering of the Debentures of the relevant Series.. series. For additional further details please see also section Paragraph 6 hereinafterbelow.

The Debentures. 2.1. The Debentures in this Certificate is part of a Series of up to three (3) Series of Debentures (Series C B to ED), where each of the Series will have a total nominal value of up to 2,000,000,000 and up to three (3) Series of Debentures (Series F E to HG), where each of the Series will have a total nominal value of up to 500,000.000, registered to name. The conditions for repayment (principal) of Debentures of each of the said series, the linkage basis (or the absence thereof) and the type of interest (or the absence thereof), or the margin above or under the base interest rate applicable to the principal of the Debentures in each of the aforementioned series, (or the absence thereof) as applicable, will be as detailed in sections 3 – 5 hereinafter. 2.2. The Debentures Series F E to H G will be convertible to regular Company shares of a nominal value of NIS 0.01 each, on each trade day, starting with the date the said Debentures were listed for trade on the Stock Exchange, and until a few days prior to the termination of the period of the Debentures of the same series, except for a number of days prior to the date scheduled for partial redemption, in conformance with the Stock Exchange provisions, in force at the date of the Offering Report, as defined in section 1.5 of the Deed of Trust and until the date the partial redemption takes place , and this according to an exchange rate that should not be less than the nominal value of the regular shares at the date of the Initial Offering Report of the Debentures in Series F E to H G ( subject to adjustments as detailed in sections 6.1 and 6.3 hereinafter), under the conditions and in the manner detailed in the Initial Offering Report of the Debentures of each of the said Series, as those details will be set forth by the Company prior to the first offering of the Debentures of the relevant Series.. For additional details please see also section 6 hereinafter.