Examples of Original Agreements in a sentence
Under the Original Agreements as amended by the Deed, the New Supplier agreed to deliver up to approximately 11.6 million metric tonnes of thermal coal to the Group by the end of 2017, at prices to be agreed between the parties in purchase contracts.
On 22 July 2015, the Group, the Original Supplier and another agent of the two coal miners in Indonesia (the “New Supplier”) entered into a deed of transfer and amendment (the “Deed”), pursuant to which the Original Supplier transferred certain of its rights, titles and interest in and to the Original Agreements to the New Supplier, and amended certain terms of the Original Agreements, details of which were disclosed in the announcement of the Company dated 22 July 2015.
Save for the amendments made to the Original Agreements, the other terms of the Original Agreements remained in full force and effect.
Under the Original Agreements, the Group made prepayments in the aggregate amount of $13,000,000 to the Original Supplier to secure long-term supply of thermal coal from the relevant coal miners.
The provisions of the Original Agreements shall, save as amended by this Agreement, continue in full force and effect.