eBet Limited Chargee and Octavian International Limited Chargor Deed of Release in respect of a Charge over Intellectual Property
Chargee
and
Octavian
International Limited
Chargor
in
respect of
a
Charge
over Intellectual Property
DATED 10th
October, 2008
|
BY
|
eBet
Limited,
an company incorporated in the Commonwealth of Australia whose
company
number is ACN ▇▇▇ ▇▇▇ ▇▇▇, with an office at Unit ▇▇, ▇▇▇-▇▇▇ ▇▇▇▇▇▇▇▇
▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇ (the Chargee)
|
|
TO
|
Octavian
International Limited,
a
company incorporated in England and Wales whose company number
is 04185988
and whose registered office is at ▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇
(the
Chargor)
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OPERATIVE
PROVISIONS
|
1.
|
Interpretation
|
In
this
deed:-
Charged
Property
means
the property and assets charged by the Chargor to the Chargee by the Security
Document;
Security
Document
means
the security document described in the Schedule.
|
2.
|
Release
|
By
this
deed, the Chargee (1) unconditionally and irrevocably releases the Charged
Property from the charges, mortgages and other security interests created
by the
Security Document and (2) unconditionally and irrevocably releases and
discharges the Chargor from its obligations to the Chargee under the Security
Document.
|
3.
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Undertaking
|
The
Chargee undertakes to execute any further documents or do anything reasonably
required by the Chargor in order to comply with Clause 2 of this Deed, provided
that all costs reasonably incurred in such compliance shall by reimbursed
by the
Chargor.
|
4.
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Law
|
This
deed
shall be governed by and construed in accordance with English
law.
In
witness
of which
this document has been executed by the Chargee as a Deed
and
delivered
on the
date set out at the beginning of this Deed.
|
Executed
as
a Deed
by
eBet
Limited
acting
by
|
and
duly authorised
|
)
)
)
)
|
|
|
sign
here: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇
|
|||
|
Title:
print
name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇
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|||
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sign
here: /s/ I R ▇▇▇▇▇
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|||
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Title:
print
name: ▇▇▇ ▇. ▇▇▇▇▇
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SCHEDULE
Security
Documents
|
Name
|
Date
|
Parties
|
|
Deed
of Charge
|
15
August 2007
|
Octavian
International Limited
|
|
eBet
Limited
|
Ref:
VCA/NCP/0803907/881758
Beaufort
House, Chertsey Street, Guildford, Surrey GU1 4HA; Tel: ▇▇▇▇▇ ▇▇▇ ▇▇▇; Fax:
▇▇▇▇▇ ▇▇▇ ▇▇▇; DX: 2406 Guildford.