EX-10.48
from 10-K
1 page
Memorandum to Loan Agreement, First Revision Made at Head Office 23 June 1998 Whereas We, King Power Duty Free Co., Ltd., With Offices at 989 Rama I Road, 26th & 27th Floor Siam Tower Building, Pathumwan, Bangkok Metropolis Have Entered Into a Loan Agreement Dated 23 June 1998. as at 23 June 1998, the Outstanding Loan Payable to Siam City Bank Public Company Limited Is Baht 98,000,000.00 (Ninety-Eight Million Baht). Now, We Wish to Change the Amount and/or Terms and Conditions of the Above Stated Agreement as Follows; 1. to Increase/Decrease Loan, Type -, Baht - 2. to Revise Clause 4 of the Above Stated Agreement From Previously to : 4. if the Borrower Is in Default of Payment According to Clause 2 or 3 of Any Installment, It Shall Be Deemed as Default of the Total Loan and the Borrower Agrees That the Lender Can Charge the Maximum Interest Rate for the Customers Who Have Breached the Condition, According to the Announcement of Siam City Bank Public Company Limited (At Present, It Is 24% P.A.) Until the Borrower Shall Have Repaid the Loan to the Lender in Full. This Shall Not Deprive the Lender's Right to Terminate the Agreement and Call for Payment of the Outstanding Amount. the Previous Clause 4 Is Revoked Entirely. Other Terms and Conditions Shall Remain the Same. We, the "Guarantor/Mortgagor/Pledgor", Having Acknowledged This Memorandum Hereby Bind Ourselves for the Guarantee/Mortgage/Pledge the Property as Security for This Debtor With the Bank Until the Bank Shall Have Received Repayment in Full. (Seal of King Power Duty Free Co., Ltd.,) Signed:............signed.................debtor King Power Duty Free Co., Ltd., Signed:...........signed..................guarantor/Mortgagor/Pledgor (Mr. Viratana Suntaranond) Signed:...........signed..................guarantor/Mortgagor/Pledgor (Mr. Vichai Raksriaksorn) Signed................witness Signed..................witness
12/34/56
EX-10.38
from 10-K
1 page
Memorandum Made at Thai Military Bank Public Company Limited 19 November 1998 Whereas We, King Power Duty Free Co., Ltd., the Borrower, Have Received Credit Facilities Totalling Baht 306,000,000 (Three Hundred and Six Million Baht) as Follows : 1. Additional L/C, I/L Baht 200,000,000 (Two Hundred Million) 2. Additional F/X Line Baht 100,000,000 (One Hundred Million) 3. L/G for Bonded Goods Baht 6,000,000 (Six Million) by Means of This Memorandum, We Agree and Consent to Pay the Following Fees to the Bank, Namely 1. Front-End Fee at a Rate of 0.50% of the Total Credit Facilities, Payable to the Bank in Full on the Date of This Memorandum 2. Engagement Fee at a Rate of 2.50% if We Fail to Pay the Fees According to the Amount and the Date Specified Above, We Consent the Bank to Charge Interest at a Rate of 18.5% P.A. From the Date of Default of Payment to the Date on Which Such Fees Shall Be Paid in Full. as Evidence, We Hereunder Sign Our Name and Affix the Seal (If Any) in the Presence of Witnesses. Signed...............................................memorandum (Mr. Vichai Raksriaksorn) Preparer Authorized Director (Seal of King Power Duty Free Co., Ltd.) Signed......................................witness (Ms. Janthima Sangwichien) Signed......................................witness
12/34/56
EX-10.33
from 10-K
1 page
Memorandum Made at Thai Military Bank Public Company Limited 21 August 1998 Whereas We, King Power Duty Free Co., Ltd., the Borrower, Have Received Credit Facilities Totalling Baht 250,000,000 (Two Hundred Fifty Million Baht) as Follows : 1. Additional L/C, I/L Baht 100,000,000 (One Hundred Million) 2. Additional F/X Line Baht 150,000,000 (One Hundred Fifty Million) by Means of This Memorandum, We Agree and Consent to Pay the Following Fees to the Bank, Namely 1. Front-End Fee at a Rate of 1.00% of the Total Credit Facilities, Payable to the Bank in Full on the Date of This Memorandum 2. Engagement Fee at a Rate of 1.50% if We Fail to Pay the Fees According to the Amount and the Date Specified Above, We Consent the Bank to Charge Interest at a Rate of 18.5% P.A. Thereof From the Date of Default of Payment to the Date on Which Such Fees Shall Be Paid in Full. as Evidence, We Hereunder Sign Our Name and Affix the Seal (If Any) in the Presence of Witnesses. (Seal of King Power Duty Free Co., Ltd.) Signed............................................memorandum (Mr. Viratana Suntaranond)preparer Authorized Director Signed............................................witness (Mrs. Siriporn Leeyavanich) Signed............................................witness
12/34/56
