Exhibit 99(b)(7)
AMENDMENT AGREEMENT
----------------------------------------------
FBG TREASURY (AUST.) LIMITED
FBG TREASURY (UK) PLC
FBG TREASURY (EUROPE) B.V.
FBG TREASURY (NZ) LIMITED
FBG TREASURY (USA) INC.
XXXXXX'X BREWING GROUP LIMITED
COMMONWEALTH BANK OF AUSTRALIA
XXXXXX XXXXXXXX & HEDDERWICKS
Stock Exchange Centre
000 Xxxxxxx Xxxxxx
Xxxxxxxxx 0000 Xxxxxxxxx
Tel 00 0 0000 0000
Fax 00 0 0000 0000
(C) Copyright Xxxxxx Xxxxxxxx & Hedderwicks 2000
AMENDMENT AGREEMENT
--------------------------------------------------------------------------------
1. DEFINITIONS AND INTERPRETATION 2
2. AMENDMENTS 2
3. EFFECTIVE DATE 2
4. REMAINING PROVISIONS UNAFFECTED 3
5. GOVERNING LAW AND JURISDICTION 3
6. COUNTERPARTS 3
AMENDMENT AGREEMENT
--------------------------------------------------------------------------------
DATE
----------
PARTIES
----------
1. FBG TREASURY (AUST.) LIMITED (ACN 006 865 738) of 00
Xxxxxxxxx Xxxxxxxxx, Xxxxxxxxx, Xxxxxxxx, Xxxxxxxxx.
(TREASURY AUST.)
2. FBG TREASURY (UK) PLC of Xxxxxxxx Xxxxx, Xxxxxxxx
Xxxxxxxxx, Xxxxxxxx Xxxx, Xxxxxxxx, Xxxxxx XX000XX
(TREASURY UK)
3. FBG TREASURY (EUROPE) B.V. having its registered
office in Xxxxxxxxxxxxxx 00, 0000 XX Xxxxx, Xxx
Xxxxxxxxxxx (TREASURY EUROPE)
4. FBG TREASURY (NZ) LIMITED of Xxxxx 0, Xxxxx'x Xxxxx,
00 Xxxxxx Xxxx Xxxx, Xxxxxxx, Xxxxxxxx, Xxx Xxxxxxx
(TREASURY NZ)
5. FBG TREASURY (USA) INC., of Xxxxx 000, 000 Xxxxx Xxxx,
Xxxxxxxxxx, Xxxxxxxx XXX (TREASURY USA)
6. XXXXXX'X BREWING GROUP LIMITED (ACN 000 000 000) of 00
Xxxxxxxxx Xxxxxxxxx, Xxxxxxxxx, Xxxxxxxx, Xxxxxxxxx
(XXXXXX'X BREWING GROUP)
7. COMMONWEALTH BANK OF AUSTRALIA (ACN 123 123 124) of
000 Xxxxxx Xxxxxx, Xxxxxxxxx (XXXXXX).
RECITALS
----------
A The parties (except Treasury NZ and Treasury USA) are parties to an
agreement dated 10 March 1991 (as amended and supplemented) under
which the Lenders provide the Borrowers with financial accommodation
up to a maximum amount of $A125,000,000 (the PRINCIPAL AGREEMENT).
B The parties wish Treasury NZ and Treasury USA to become and Treasury
NZ and Treasury USA have agreed to become Borrowers under the
Principal Agreement.
C The parties wish to amend the Principal Agreement in the manner set
out in this Agreement.
--------------------------------------------------------------------------------
IT IS AGREED as follows.
AMENDMENT AGREEMENT
--------------------------------------------------------------------------------
1. DEFINITIONS AND INTERPRETATION
--------------------------------------------------------------------------------
(a) Words which are defined in the Principal Agreement and which are
used in this Agreement have the same meaning in this Agreement as in
the Principal Agreement, unless the context requires otherwise.
(b) The provisions of Clauses 1.2 and 1.3 of the Principal Agreement
form part of this Agreement as if set out at length in this
Agreement.
2. AMENDMENTS
--------------------------------------------------------------------------------
The Principal Agreement is amended to read as set out in Schedule 1.
3. EFFECTIVE DATE
--------------------------------------------------------------------------------
This Agreement takes effect, and the parties agree to be bound by the
Principal Agreement as amended by this Agreement from the date (the
EFFECTIVE DATE) on which Commonwealth Bank of Australia receives the
following in form and substance satisfactory to it:
(a) a copy of a power of attorney appointing attorneys on behalf of each
Borrower and Xxxxxx'x Brewing Group to execute this Agreement;
(b) a copy of an extract of a board resolution authorising the execution
by each Borrower and Xxxxxx'x Brewing Group of this Agreement;
(c) a copy of the Articles of Association of Treasury NZ and the Bylaws
of Treasury USA;
(d) a copy of the Guarantor Accession Deeds duly executed by Treasury NZ
and Treasury USA;
(e) a copy of an opinion of Xxxxxx Xxxxxxxx & Hedderwicks and Xxxxxxx
Grierson in relation to the obligations of Treasury NZ under the
Guarantor Accession Deed and the Trust Deed;
(f) a copy of an opinion of Xxxxxx Xxxxxxxx & Hedderwicks and Tucci &
Xxxxxxxxxx in relation to the obligations of Treasury USA under the
Guarantor Accession Deed and the Trust Deed;
(g) a counterpart of this Agreement duly executed by the Borrowers and
Xxxxxx'x Brewing Group;
(h) an opinion of Xxxxxx Xxxxxxxx & Hedderwicks and Xxxxxxx Grierson in
relation to the obligations of Treasury NZ under this Agreement;
(i) an opinion of Xxxxxx Xxxxxxxx & Hedderwicks and Xxxxx, Day, Xxxxxx &
Xxxxx in relation to the obligations of Treasury USA under this
Agreement;
AMENDMENT AGREEMENT
--------------------------------------------------------------------------------
4. REMAINING PROVISIONS UNAFFECTED
--------------------------------------------------------------------------------
Except as specifically amended by this Agreement, all terms and conditions
of the Principal Agreement remain in full force and effect. With effect
from the Effective Date (as defined in Clause 3), the Principal Agreement
as amended by this Agreement is to be read as a single integrated document
incorporating the amendments effected by this Agreement.
5. GOVERNING LAW AND JURISDICTION
--------------------------------------------------------------------------------
This Agreement is governed by the laws of Victoria. Each party submits to
the non-exclusive jurisdiction of courts exercising jurisdiction in
connection with matters concerning this Agreement.
6. COUNTERPARTS
--------------------------------------------------------------------------------
This Agreement may be executed in any number of counterparts. All
counterparts together will be taken to constitute one instrument.
AMENDMENT AGREEMENT
--------------------------------------------------------------------------------
EXECUTED in Melbourne.
Each attorney executing this Agreement states that he or she has no notice of
revocation or suspension of his or her power of attorney.
SIGNED for and on behalf of FBG
TREASURY (EUROPE) B.V. by its
attorney in the presence of:
-----------------------------------
ATTORNEY'S SIGNATURE
-----------------------------------
PRINT NAME
-----------------------------------
WITNESS SIGNATURE
-----------------------------------
PRINT NAME
SIGNED for and on behalf of FBG
TREASURY (UK) PLC by its attorney
in the presence of:
-----------------------------------
ATTORNEY'S SIGNATURE
-----------------------------------
PRINT NAME
-----------------------------------
WITNESS SIGNATURE
-----------------------------------
PRINT NAME
AMENDMENT AGREEMENT
--------------------------------------------------------------------------------
SIGNED for and on behalf of FBG
TREASURY (AUST.) LIMITED by its attorney
in the presence of:
-----------------------------------
ATTORNEY'S SIGNATURE
-----------------------------------
PRINT NAME
-----------------------------------
WITNESS SIGNATURE
-----------------------------------
PRINT NAME
SIGNED for and on behalf of FBG
TREASURY (NZ) LIMITED by its attorney in
the presence of:
-----------------------------------
ATTORNEY'S SIGNATURE
-----------------------------------
PRINT NAME
-----------------------------------
WITNESS SIGNATURE
-----------------------------------
PRINT NAME
AMENDMENT AGREEMENT
--------------------------------------------------------------------------------
SIGNED for and on behalf of FBG
TREASURY (USA) INC. by its
attorney in the presence of:
-----------------------------------
ATTORNEY'S SIGNATURE
-----------------------------------
PRINT NAME
-----------------------------------
WITNESS SIGNATURE
-----------------------------------
PRINT NAME
SIGNED for and on behalf of XXXXXX'X
BREWING GROUP LIMITED by its attorney in
the presence of:
-----------------------------------
ATTORNEY'S SIGNATURE
-----------------------------------
PRINT NAME
-----------------------------------
WITNESS SIGNATURE
-----------------------------------
PRINT NAME
AMENDMENT AGREEMENT
--------------------------------------------------------------------------------
SIGNED for and on behalf of
COMMONWEALTH BANK OF AUSTRALIA by its
attorney in the presence of:
-----------------------------------
ATTORNEY'S SIGNATURE
-----------------------------------
PRINT NAME
-----------------------------------
WITNESS SIGNATURE
-----------------------------------
PRINT NAME
