Common use of Proof of Execution by Noteholders Clause in Contracts

Proof of Execution by Noteholders. Subject to the provisions of Sections 7.01, 7.02 and 10.05, proof of the execution of any instrument by a Noteholder or its agent or proxy shall be sufficient if made in accordance with such reasonable rules and regulations as may be prescribed by the Trustees or in such manner as shall be satisfactory to the Trustees, each acting in its sole discretion. The holding of Notes shall be proved by the registry of such Notes or by a certificate of the Note registrar. With respect to any Notes held through the Clearing House of the TASE and the Hevra Le-Rishumim of Bank Leumi Le-Israel Ltd, (Nominee Company), the holding of such Notes may be proven by a TASE Member through which such Notes are held. The record of any Noteholders’ meeting shall be proved in the manner provided in Section 10.06.