Amendment Agreements. References are made to the Company’s announcements dated 2 May 2012, 6 March 2012, 14 July 2011, 16 June 2011, 9 September 2010 and 8 September 2010 (the “Announcements”). Capitalized terms used in this announcement shall have the same meanings as those defined in the Announcements unless the context otherwise requires. On 13 November 2012, the Company and its subsidiaries also entered into five amendment agreements (the “Amendment Agreements”), two of which were entered into with The Hongkong and Shanghai Banking Corporation Limited as lender, two of which were entered into with Standard Chartered Bank (Hong Kong) Limited as agent, and one of which was entered into with Standard Chartered Bank (Hong Kong) Limited as lender, to amend the terms of the credit facility agreements (the “Credit Facility Agreements”) referred to in each of the Announcements. Pursuant to the Credit Facility Agreements, it will be an event of default if Xx. Xxxx Xxxx Xxx ceases to be the chairman of the board of directors of the Company (the “Board”). Pursuant to the Amendment Agreements, such event of default has been amended to the effect that it will be an event of default only if Xx. Xxxx Xxxx Xxx is not or ceases to be the chairman of the Board, and within 15 business days of him ceasing to act as chairman, he is not replaced by either: (i) Xx. Xxx Sin Xxxx, Xxxx as chairman of the Board; (ii) Xx. Xxxx Xxxxx Xxx as chairman of the Board; or (iii) Xx. Xxx Sin Xxxx, Xxxx and Xx. Xxxx Xxxxx Xxx as co-chairpersons of the Board. By order of the Board of Agile Property Holdings Limited Xxx Xxxxx Sum Company Secretary Hong Kong, 13 November 2012 As at the date of this announcement, the board of directors of the Company comprises nine directors of which Xxxx Xxxx Xxx (Chairman), Xxxx Xxxxx Xxx (Vice Chairperson and Co- President), Xxx Xxx Xxxx, Xxxx (Vice Chairperson and Co-President), Xxxx Xxxxx Xxxx, Xxxx Xxxxx Xxx and Xxxx Xxxxx Xxx are executive directors and Xxxxx Xxx Xxxx, Xxxxx Xxx Xxxxx, Xxxxxx and Xxxxxx Xxxx Xxx are independent non-executive directors.
Amendment Agreements. Each of the Amendment Agreements is hereby rescinded in its entirety, and shall be of no further force or effect. However, the intent of the foregoing is not to affect any actions taken prior to the date hereof pursuant to any of the Amendment Agreements. Further, the parties hereto expressly reserve their rights with respect to any actions taken under the Forward Equity Transaction Documents prior to the date hereof, except that the parties agree that the Registration Statement declared effective on October 8, 1998 shall constitute a Resale Registration Statement as contemplated by the Purchase Agreement. The parties hereto acknowledge and agree that this Amendment shall constitute the only legally binding instrument on the parties that amends or modifies the Purchase Agreement dated as of February 26, 1998.
Amendment Agreements. For good and valuable consideration, the Lease is amended by adding the attached Exhibit G to the Lease.
Amendment Agreements. After the Closing, the Hood Companies will cooperate with Horizon and use their reasonable commercial efforts to obtain amendments to the Supply Contracts (the "Amendment Agreements"). The costs associated with preparing and obtaining the Amendment Agreements will be borne by Horizon. The Amendment Agreements will provide, effective as of the Closing Date, that:
Amendment Agreements. The Loan Agreement has been amended by the following instruments: /i/ By public deed dated August five, two thousand fifteen, granted at the Santiago Notary’s Office of Mr. Eduardo Avello Concha, under repertoire number twenty-one thousand nine hundred fifty-nine hyphen two thousand fifteen, which purpose was to terminate the availability of the credit facility established in the Loan Agreement and amend some obligations and provisions set forth in the same instrument, hereinafter the “First Amendment”; /ii/ By public deed dated May sixteen, two thousand sixteen, granted at the Santiago Notary’s Office of Mr. Eduardo Avello Concha, under repertoire number fourteen thousand seven hundred and sixty hyphen two thousand sixteen, which was intended to terminate the function of Agent Bank held by Banco Itaú Chile and amend some provisions set forth in the Loan Agreement, hereinafter the “Second Amendment”; and together with the First Amendment and this instrument that accounts for the Third Amendment, as the “Amendment Agreements”. /One.Three
Amendment Agreements
