Principal SPA definition
Examples of Principal SPA in a sentence
We acknowledge receipt of this Notice of Assignment and we confirm that all sums and outgoings due to us under the Principal SPA up to the date of this Acknowledgement have been settled.
Completion shall take place on the Completion Date, i.e., 3 April 2019 immediately after Principal SPA Completion or such other date as the Vendor and the Company may agree in writing.
The Principal SPA also stipulated the appointment of DBhd as the developer (“Appointment”) for the Project.
On 10 October 2002, DBhd and DRJ had entered into a deed of assignment, whereby DBhd assigned all DBhd’s rights and interest in the Development Land in respect of the Principal SPA together with the Appointment to DRJ and it was agreed that DRJ shall do all acts and everything necessary as the developer for the purpose of developing the Development Land into a mixed development project known as “Taman Damansara ▇▇▇▇▇” (“Developer”).