Amitim definition
Amitim means any or all of the Funds. For the purposes of Clauses 29.13 (Senior Lenders Instructions), 29.14 (Notice to the Lenders), 29.15 (Written Decisions), 29.16 (Senior Lender’s Meetings to Take Decisions), 29.17 (Quorum at Lenders Meetings), 29.18 Amendments and Waivers), 29.19 (Enforcement Action), 29.20 (Taking an Enforcement Action), and 29.21 (Other Actions), including for the purposes of establishing quorums or majority requirement, the rights of such Affiliate or Fund transferee or assignee shall be aggregated and shall only be exercised by the Manager; provided that, in the event that such Affiliate or Fund transferee or assignee is sold to a non-affiliated third party, said rights shall be exercised by the non-affiliated third party.
Examples of Amitim in a sentence
We, the undersigned, Phoenix Amitim Israel Shares Partnership, number ____, hereby confirm the acceptance of the above Option Agreement and the options thereunder.
Please also be advised that the Court-appointed Lead Plaintiff, the Amitim Funds, on behalf of itself and the Settlement Class (as defined in ¶ 23 below), has reached a proposed settlement of the Action for $16,500,000 in cash.
By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Deputy CEO, CIO By: /s/ Gilad Shamir Name: Gilad Shamir Title: CIO Amitim PHOENIX INSURANCE COMPANY, LTD.