1.
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Loans received, or that will be received from related parties of the company, and any Company's debts in respect of
issued or transferred bonds for the benefit of a related party shall be subordinated and inferior to Company's debts and liabilities to the Bank.
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2.
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Borrower shall not make any re-payment of shareholders’ loans until full payment of all amounts due to the Bank with
respect of the credit line provided.
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3.
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Borrower shall not make any distributions or dividend payments to its shareholders without the Bank’s prior written
consent, not to be unreasonably withheld.
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4.
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In the event of a change of control or certain restructuring events, the credit line may become immediately due and
payable.
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5.
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Borrower shall not provide a guaranty in favor of a third party without the Bank's prior approval (except with
respect to Borrower’s subsidiaries). Borrower may not make any commitments to any third party that may restrict, in any way, the Bank’s right to create collaterals for securing current or future credit lines.
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6.
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Borrower shall not carry out a merger or other changes in structure without the Bank’s prior written consent (except
for merging a fully owned Subsidiary).
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