BOD Approval definition
BOD Approval the approval of the Board of Directors of the Company for allocating the New Securities to the Investor.
Examples of BOD Approval in a sentence
BOD Approval and TASE Approval, are subject to the regulations and directives of the TASE, as amended from time to time.
This obligation is conditional upon the Company obtaining the BOD Approval and, if required, providing such approval to the Investor prior to the last day of the Payment Period as a pre-condition to the Deposit.