Common use of OCS Undertaking Clause in Contracts

OCS Undertaking. To the extent that at any time hereinafter a Lender shall hold such number of securities of the Company such that it shall be legally required to sign an undertaking to the OCS, then such Lender shall sign such undertaking as may be required by the OCS at such time.

Appears in 3 contracts

Sources: Credit Line Agreement (Check-Cap LTD), Credit Line Agreement (Check-Cap LTD), Credit Line Agreement (Check-Cap LTD)

OCS Undertaking. To the extent that at any time hereinafter a Lender an Investor shall hold such number of securities of the Company such that it shall be legally required required, in the view of the Company, to sign an undertaking to the OCS, then such Lender the Investor shall sign such undertaking as may be required by the OCS at such timetime (the "OCS Undertaking").

Appears in 2 contracts

Sources: Share Purchase Agreement (Check-Cap LTD), Share Purchase Agreement (Check-Cap LTD)

OCS Undertaking. To the extent that at any time hereinafter a Lender Purchaser shall hold such number of securities of the Company such that it shall be legally required to sign an undertaking to the OCS, then such Lender Purchaser shall sign such undertaking as may be required by the OCS at such time.

Appears in 2 contracts

Sources: Subscription Agreement (Motus GI Holdings, Inc.), Subscription Agreement (Motus GI Holdings, Inc.)