Glossary

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Basket

In the context of a venture capital transaction, a “basket” typically refers to a portion of the total consideration paid by the investor that is set aside for indemnification claims. Indemnification is a common provision in venture capital agreements that requires one party to compensate the other party for certain losses or liabilities that arise in connection with the transaction. A bask...

Breaching Company (Israel)

In Israel, a “breaching company” generally refers to a company that has violated certain provisions of the Israeli Companies Law or other applicable laws and regulations. Breaching companies may face legal consequences, including fines, penalties, or even criminal liability, depending on the nature and severity of the violation. The Registrar of Companies in Israel may also take action agai...