Plenus definition
Examples of Plenus in a sentence
Any term of this Agreement may be amended and the observance of any term hereof may be waived (either prospectively or retroactively and either generally or in a particular instance) only with the written consent of the Company and Plenus.
The term “dollars” appearing in this Agreement shall mean the legal currency of the United States of America, and all payments hereunder shall be made in such currency, unless otherwise agreed in writing by Plenus and the Company.
THIS CERTIFIES THAT, for value received, Plenus Technologies Ltd.
It is expressly provided that the Company shall not maintain funds, securities or deposits through any new accounts opened by the Company as of the date hereof (“New Accounts”), without the prior written consent of Plenus.
It is agreed that Plenus may further syndicate the Loan to other co-lenders or beneficiaries, and in such case, Clause 7 shall apply mutatis mutandis to any such co-lenders or beneficiaries.
Address: [______________________________] THIS FLOATING CHARGE AGREEMENT (this “Agreement”) made as of the 4th day of June 2002, by and between Wintegra Ltd., a company duly incorporated under the laws of the State of Israel, having its principal place of business at ▇▇▇▇ ▇▇▇▇▇▇, ▇ ▇▇▇▇▇▇▇▇ ▇▇., ▇▇▇▇▇ Ra’anana, Israel (the “Pledgor”), Plenus Technologies Ltd.
True and correct copies of each Material Agreement has been delivered to Plenus or its counsel.
The Company agrees that neither Plenus nor the Observer will have a fiduciary duty.
The Company shall promptly inform Plenus of the occurrence of any Event of Acceleration and, upon receipt of a written request to that effect from Plenus, shall confirm to Plenus that, except as previously notified to Plenus or as notified in such confirmation, no Event of Acceleration has occurred.
Plenus acknowledges and agrees that the Corporation shall not be deemed to unreasonably withhold its consent, if due to a right of first refusal conferred upon certain shareholders of the Corporation, the Corporation is contractually bound to withhold its consent.