ADDENDUM TO CREDIT FACILITY AGREEMENT
Exhibit 3.29
ADDENDUM TO CREDIT FACILITY AGREEMENT
This is an addendum to the Credit Facility entered into as of February 27th 1998 by and between Epsom Investment Services N.V. (Epsom) and Calcitech Ltd dated the 28th February 2003.
Whereas, Epsom has extended credit to the Company on the following new terms:
|
Xxxxxx |
Xxx Xxxxxxx Xxxx Xxxxxxx Xxxxxxxx Xxxxxx Xxxxxx Dollars (US$ 2,500,000) |
|
Period |
To the 6th March 2004 |
|
Interest Rate |
7.5% |
|
Facility Fee |
1% of the total value of the credit facility paid on renewal of the credit facility |
|
Collateral |
All shares held in its wholly owned subsidiary CalciTech Synthetic Minerals Ltd |
It is agreed that all other terms and conditions of the Credit Facility remain the same. This addendum is a part of the whole agreement of the above referenced credit agreement.
|
By: |
“X. Xxxxxx” |
By: “R.A. Leopard” |
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For Epsom Investment Services N.V. |
For Calcitech Ltd. | ||
|
Xxxxx Xxxxxx |
X.X. Leopard |
| |
|
Director |
Director |
| |
