|
|
|
|
Document Preview Agreement for Sale and Purchase |
||||
|
|
||||
|
Click "Add to Cart" button to purchase document. |
||||
|
|
||||
|
Title: |
Agreement for Sale and Purchase |
|||
|
Entities: |
Barclays Bank plc; Kerzner International Ltd.; Mangalitsa Ltd. |
|||
|
Date: |
2003 |
|||
|
Size: |
Preview shows 2KB of 14KB total |
|||
|
Price: |
$32 |
|||
|
ID: |
#170336 |
|||
|
|
||||
|
||||
|
|
||||
|
Start of Preview |
||||
AGREEMENT FOR SALE AND PURCHASE
-------------------------------
DATED: 8TH January, 2003
BETWEEN: 1. MANGALITSA LTD. a company incorporated under the laws
of
the Commonwealth of The Bahamas with its registered
office at Shirlaw House, 87 Shirley Street, Nassau,
Bahamas (the "Vendor"); and
2. CALEDONIA INVESTMENTS PLC whose registered office is at
Cayzer House, 30 Buckingham Gate, London SW1E 6NN
England (the "Purchaser").
WHEREBY IT IS AGREED as follows:
1. DEFINITIONS:
1.1 The following terms used herein shall have the meanings set forth below: -
"Agreements" means the Omnibus Agreement, the Registration Rights and
Governance Agreement and the Settlement Agreement;
"Assets" means the shares and all of the Vendor's rights, benefits,
privileges and obligations in and under the Agreements;
"Completion" means the actual completion of the sale and purchase of the
Assets pursuant to the terms of this Agreement;
"Libor" means
(a) the display rate of the offered quotation for loans in United
States dollars for a period of three months quoted for value
on the relevant date on Telerate Page 3747; or
(b) if the display rate cannot be determined under paragraph (a)
above, the rate determined by the Purchaser to be arithmetic
mean (rounded, if necessary, to the nearest two decimal places
with the midpoint rounded upwards) of the rates notified to
the Purchaser by each of HSBC Bank plc and Barclays Bank plc
as the rate at which such bank is offering loans in United
States dollars and for the period of three (3) months in the
relevant amount at or about 11:00 a.m. on the relevant date;
"Omnibus Agreement" means the Omnibus Agreement dated as of 3rd July, 2001
as amended and supplemented, by and among Kerzner International Limited
|
End of Preview |
Home Intelligence Services Subscriptions News About Us