Incredimail 2011 Annual Report Download - page 148
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The term of the above credit line will be ( one year from the date of the letter ).
The bank will be authorized at all times to terminate the credit line or any portion thereof or to amend such credit line under the circumstances set forth in
Section 3 above.
Your account will be charged for this approval with the fees set forth in Exhibit A hereto.
At your service at all times,
F.
The provision of the credit line, in whole or in part, shall not cause a deviation from limitations which are imposed on the obligations of any lender or
group of lenders, or a deviation from any other limitation which applies to the bank, in accordance with the instructions of the Bank of Israel.
G.
The presentation of the financial statements as set forth in the Letter of Undertaking.
H.
There was no substantial reduction in the market value of the securities issued by the company, to the extent such were issued.
4.
This letter is intended exclusively for you. You may not disclose this letter to any third party whatsoever nor use the letter in any other respect, except with the
prior written consent of the bank, subject to the provisions of the law as applicable to the company as a public company which is traded on the NASDAQ and
the Tel Aviv Stock Exchange. In the event that it will be incumbent on the company to disclose information as set forth above due to requirements of
applicable law, the company shall fulfill the requirements of the applicable law and/or the requirements of the applicable stock exchange and/or authority and
will provide the bank with due notice thereof.
5.
Term of the Approval of the Credit Line
6.
Fees
Sincerely,
The First International Bank of Israel Ltd.