100% found this document useful (1 vote)
2K views2 pages

MT103 Transaction

Uploaded by

Edwin W Ng
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF or read online on Scribd
100% found this document useful (1 vote)
2K views2 pages

MT103 Transaction

Uploaded by

Edwin W Ng
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF or read online on Scribd
You are on page 1/ 2
Party A or Investor (Sender): COMPANY NAME: | AKASHA BV COMPANY ADDRESS: | VOSSIUSSTRAAT2, NI-107] AB AMSTERDAM THE NEDERLAND. [REGISTRATION NUMBER: CVR 10042258 REPRESENTED BY: | MR. JAN JACOB FARNHOLT BANK NAME: BARCLAYS BANK PLC ‘BANK ADDRESS: CHURCHILL PLACE, LONDON, EC14 SHP, UK. ‘SWIFT CODE: ‘BARCGB22 ‘ACCOUNT NAMI ‘AKASHA BV ‘ACCOUNT No. (GB27BARC20005043752626 ‘ACCOUNT SIGNATORY: | MR. JAN JACOB FARNHOLT P SSPORT Ne/ COUNTRY | NXH394009 NETHERLANDS DATE OFISSUANCE: 14.11.2014 DATE OFEXPIRATION: | 14.11.2024 Hereinafter Party-A and Party-8 referred together to as the Parties WHEREAS, are individually known as First Party/or Investor/or Sender and Second Party/ or Receiver and jointly known as Parties; and WHEREAS, Sender isthe Provider of the cash backed funds being in the BARCLAYS BANK PLC (UK) which tobe transferred to Second Party's designated Bank Via SWIFT GP! MT-103 aiming at investments; and WHEREAS, Receiver Is ready, wiling and able to receive sald funds into its designated account Via SWIFT GPI MT- 103 and to execute the distribution and transfer of said recelved funds to designated parties bank accounts, in accordance to the terms and conditions in this Agreement; and The Party B (Receiver) understands and confirms that: 4. The Receiving bank has experience and capability to process SWIFT GPI MT-103. 2. The Sender transfers to the Receiver the cash funds, which covered by high liquidity shares/bonds, via special Clearing System with during the receiving process and after suecessful clearing, the funds will be ‘converted to the cash and the receiving bank's Nostro account willbe credited for the amount of payment. 3. The Party 8 (receiving company) must have a full set of permits, ensuring the legality of the acceptance of ‘this type of funds. NOW, THEREFORE, itis agreed as follows: Party's Statement ‘+ Sender represents and warrants that he has full corporate responsiblity to enter into this Agreement. He hereby declares under penalty of perjury that the funds are good, clean, clear, and free of non-criminal origin, and are free and clear of all liens, encumbrances and third party interest. ‘+ Further the Sender confirms that he isa legal provider of the funds and he is authorized to transfer the funds to the recelver on the basis ofthis contract. ‘© By signing this Agreement, Sender represents and warrants that he is glving to Receiver and its designated parties full egal authority to receive sald funds and distribute and transfer cash funds, as per agreed terms and conditions in this Agreement DETAILS OF TRANSACTION INSTRUMEN "TRANSFER VIA SWIFT GPL-MT103 TOTAL FACE VALUE: | UPTO € 10,000,000,000,00 (TEN BILLION EURO) INTRANCHES OF: | DIVIDED INTO THREE TRANCHES ‘SENDER SIDE: = _1STTRANCHES :€ 1,000,000,000,00 (ONE BILLION EURO) RECEIVER SIDE: ~_2ND TRANCHES :€ 3,000,000,000,00 (THREE BILLION EURO) = 3RD TRANCHES : €6,000,000,000,00 (SIX BILLION EURO) INVESTMENT TO INDONESIA MONEY MARKET. DEFINED BETWEEN THE PARTIES IN 7 BANKING DAYS PROCEDURES: 1. Sender and receiver execute, sign and seal this deed of agreement with the distribution ofthe funds, which thereby automatically becomes a full commercial recourse contract. 2. The receiver provides this agreement to his bank and obtains the consent, 3. Upon the above sender's bank will transfer the funds via SWIFT GP! MT-103 in favour of receiverand on success will provide to the recever the original copy ofthe transfer slip withthe details of thetransfer. 4. Upon the successful receiving ofthe funds during 7 banking days receiver is responsible to distriaute for re-Investment purposes the cash funds. 5. allother tranches wil be made by the sender, received and re-distributed/re-invested by the receiver, under the up-mentioned procedure. Note: The Receiver hereby agrees and confirms that the Sender should provide the Receiver with a copy of SCREEN SHOT WITH CODE TO FIND ALOCATED FUND only and as an option BLUE AND GREY screens with ISIN CODE of 7 mn z Receiver hereby confirms and declares that Sender, its associates or representatives or any person or persons on its behalf has/have never been solicited by any party, its shareholders or associates or representatives in any way whatsoever that can be construed as a solicitation for this transaction or for future transactions. ‘Any delay in or failure of performance by either party of their respective obligations under this agreement shall, constitute a breach hereunder and will give rise to claims for damages if, and to the extent that such delays or fallures in performance are not caused by events or citcumstance beyond the control of suchparty

You might also like