RTLX » Topics » GENERAL PROVISIONS

This excerpt taken from the RTLX 20-F filed Jun 22, 2009.

GENERAL PROVISIONS

1.     Definitions; Interpretation

    (a)        “Companies Law” – the Israeli Companies Law, 5759-1999 as the same shall be amended from time to time, or any other law which shall replace that Law, together with any amendments thereto, and regulations thereunder.

    (b)        “Companies Ordinance” – those sections of the Israeli Companies Ordinance [New Version] 5743-1983, that shall remain in force after the date of the coming into effect of the Companies Law, as the same shall be amended from time to time.

    (c)        Unless the subject or the context otherwise requires: words and expressions defined in the Companies Law and in the Companies Ordinance, as the case may be, shall have the same meanings herein; words and expressions importing the singular shall include the plural and vice versa; words and expressions importing the masculine gender shall include the feminine gender; and words and expressions importing persons shall include bodies corporate.

    (d)        The captions in these Articles are for convenience only and shall not be deemed a part hereof or affect the construction of any provision hereof.

2.     Object and Purpose of the Company

        The object and purpose of the Company shall be as set forth in the Company's Memorandum of Association, as the same shall be amended from time to time in accordance with applicable law. The Company shall be authorized to donate reasonable sums to charity, subject to approval by the Board of Directors.

3.     Limitation of Liability

        The liability of the shareholders of the Company is limited to the payment of the nominal value of the shares in the Company allotted to them and which remains unpaid, and only that amount.

        If the Company’s share capital shall include, at any time, shares without a nominal value the shareholders’ liability in respect of such shares shall be limited to the payment of up to 1.00 NIS for each such share allotted to them and which remains unpaid, and only to that amount.



This excerpt taken from the RTLX 20-F filed Jul 7, 2008.

GENERAL PROVISIONS

1.     Definitions; Interpretation

    (a)        “Companies Law” – the Israeli Companies Law, 5759-1999 as the same shall be amended from time to time, or any other law which shall replace that Law, together with any amendments thereto, and regulations thereunder.

    (b)        “Companies Ordinance” – those sections of the Israeli Companies Ordinance [New Version] 5743-1983, that shall remain in force after the date of the coming into effect of the Companies Law, as the same shall be amended from time to time.

    (c)        Unless the subject or the context otherwise requires: words and expressions defined in the Companies Law and in the Companies Ordinance, as the case may be, shall have the same meanings herein; words and expressions importing the singular shall include the plural and vice versa; words and expressions importing the masculine gender shall include the feminine gender; and words and expressions importing persons shall include bodies corporate.

    (d)        The captions in these Articles are for convenience only and shall not be deemed a part hereof or affect the construction of any provision hereof.

2.     Object and Purpose of the Company

        The object and purpose of the Company shall be as set forth in the Company’s Memorandum of Association, as the same shall be amended from time to time in accordance with applicable law.

3.     Limitation of Liability

        The liability of the shareholders of the Company is limited to the payment of the nominal value of the shares in the Company allotted to them and which remains unpaid, and only that amount.



        If the Company’s share capital shall include, at any time, shares without a nominal value the shareholders’ liability in respect of such shares shall be limited to the payment of up to 1.00 NIS for each such share allotted to them and which remains unpaid, and only to that amount.

This excerpt taken from the RTLX 20-F filed Jul 2, 2008.

GENERAL PROVISIONS

1.     Definitions; Interpretation

    (a)        “Companies Law” – the Israeli Companies Law, 5759-1999 as the same shall be amended from time to time, or any other law which shall replace that Law, together with any amendments thereto, and regulations thereunder.

    (b)        “Companies Ordinance” – those sections of the Israeli Companies Ordinance [New Version] 5743-1983, that shall remain in force after the date of the coming into effect of the Companies Law, as the same shall be amended from time to time.

    (c)        Unless the subject or the context otherwise requires: words and expressions defined in the Companies Law and in the Companies Ordinance, as the case may be, shall have the same meanings herein; words and expressions importing the singular shall include the plural and vice versa; words and expressions importing the masculine gender shall include the feminine gender; and words and expressions importing persons shall include bodies corporate.

    (d)        The captions in these Articles are for convenience only and shall not be deemed a part hereof or affect the construction of any provision hereof.

2.     Object and Purpose of the Company

        The object and purpose of the Company shall be as set forth in the Company’s Memorandum of Association, as the same shall be amended from time to time in accordance with applicable law.

3.     Limitation of Liability

        The liability of the shareholders of the Company is limited to the payment of the nominal value of the shares in the Company allotted to them and which remains unpaid, and only that amount.



        If the Company’s share capital shall include, at any time, shares without a nominal value the shareholders’ liability in respect of such shares shall be limited to the payment of up to 1.00 NIS for each such share allotted to them and which remains unpaid, and only to that amount.

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