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Long-Term Loans, Net of Current Maturities
12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
LONG-TERM LOANS, NET OF CURRENT MATURITIES

NOTE 14:- LONG-TERM LOANS, NET OF CURRENT MATURITIES:


Classified by linkage terms and interest rates, the total amount of the loans is as follows:


Loan currency  Weighted interest
rate as of
December 31,
2020
  December 31, 
   %  2020   2019 
            
NIS  3.33%  $2,031   $2,705 
              
Less - current maturities      815    664 
              
      $1,216   $2,041 

  (1) In October 2017, the Company and its Israeli subsidiaries entered into an agreement with Bank Beinleumi for the provision of credit facilities.

The Bank Beinleumi loan agreement includes covenants to maintain certain financial ratios related to shareholders’ equity, EBITDA and operating results. The Bank Beinleumi credit facilities are secured by a first ranking fixed charge on any unpaid share capital of the Company, the goodwill of the Company, and any insurance entitlements in the Company’s assets pledged thereunder, and a floating charges on all of the assets of the Company and its Israeli subsidiaries, owned now or in the future. As of December 31, 2020, the Company met the covenants set forth in the agreement.


  2) The total amount to be paid by the Company is as follows:

   December 31,
2020
 
Payment schedule    
2021   815 
2022   667 
2023   549 
Total  $2,031