SALE BY TENDERApril 20th, 2010
FiledApril 20th, 2010The sale is subject to the Conditions of Sale overleaf and the following terms which are accepted by the Buyer as being fair and reasonable in the context of a sale by a company in a distressed situation bearing in mind that in settling the consideration payable, one of the factors taken into account was the commercial risk to the Buyer represented by the fact that the parties believe that the terms and conditions, exclusions and limitations would be recognised as fully effective by the Courts and the parties making it clear that they would not have purchased the above Asset except for a much higher consideration. In the event of any inconsistency between any of the terms of the Conditions of Sale and the following terms, the following terms shall prevail: