Common use of Upon the Closing Clause in Contracts

Upon the Closing. the nominee of the New Shareholder shall be appointed as a Director to the Board in accordance with Article 88 of the Company's Articles of Association, or by the convention of a regular or special meeting.

Appears in 2 contracts

Sources: Share Purchase Agreement (Radvision LTD), Voting Agreement (Siemens Aktiengesellschaft)