AMENDMENT DEED
National Australia Bank Limited
and
Reading Entertainment Australia Pty Ltd
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Dated ________12 June 2018___________ |
Table of Contents
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1. DEFINITIONS AND INTERPRETATION |
1 |
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2. CONDITIONS PRECEDENT |
2 |
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3. AMENDMENT |
2 |
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4. CONFIRMATION |
3 |
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5. REPRESENTATIONS AND WARRANTIES |
3 |
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6. REMAINING PROVISIONS UNAFFECTED |
3 |
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7. GENERAL |
3 |
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SCHEDULE 1 |
4 |
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THIS DEED is dated as shown on the front page and is between:
NATIONAL AUSTRALIAN BANK LIMITED) ABN 12 004 044 937 of Xxxxx 0, 000 Xxxxxx Xxxxxx, Xxxxxxxxx, Xxxxxxxx 0000 (NAB);
Each person listed as a borrower in Schedule 1 (Borrower and together the Borrowers); and
Each person (if any) listed as a guarantor in Schedule 1 (Guarantor and together the Guarantors).
BACKGROUND:
ASome or all of the parties are parties to the Facility Agreement.
BThe parties agree to amend the Facility Agreement on the terms and conditions set out in this document.
CWith effect on and from the Effective Date the Facility Agreement is amended in accordance with this document.
IT IS AGREED as follows:
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1.1 |
Definitions |
Words which have a defined meaning in the Facility Agreement have the same meaning in this document unless otherwise defined.
Effective Date means the date NAB gives the notice contemplated in clause 2.1 (Conditions precedent).
Facility Agreement means the facility agreement between NAB and some or all of the Obligors dated or most recently amended or restated on or about 17 December 2015, as amended from time to time.
Obligor means each Borrower and Guarantor.
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1.2 |
Interpretation |
Clause 1.2 (Construction) of the Facility Agreement applies to this document as if set out in full in this document.
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1.3 |
Inconsistent law |
To the extent permitted by law, this document prevails to the extent it is inconsistent with any law.
1
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1.4 |
Consideration |
The parties enter into this document in consideration of, among other things, the mutual promises contained in this document.
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1.5 |
Transaction Document |
This document is a Transaction Document for the purposes of the Facility Agreement.
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2.1 |
Conditions precedent |
The amendments proposed to the Facility Agreement referred to in clause 3 (Amendment) are of no force and effect until NAB has notified the Borrower in writing that each of the following has been received by NAB or otherwise complied with in form and substance satisfactory to NAB:
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(a) |
The results of NAB’s enquiries and searches; and |
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(b) |
An original of this document duly and fully executed by the Obligors. |
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2.2 |
Certification of copies |
Unless otherwise required by NAB, each document specified in respect of an Obligors in clause 2.1 (Conditions precedent) must be an original. If NAB requires a certified copy of a document, the copy must be certified by a director or secretary of that Obligor as true and complete as at a date no earlier than S Business Days before the date of this document.
With effect on and tromp the Effective Date, the Facility Agreement is amended as follows:
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(a) |
The table in Schedule 2 is deleted and replaced with the following: |
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Facility Name |
Granted pursuant to |
Facility Limit |
Purpose |
Termination Date |
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Corporate Markets Loan Facility |
Clause 4 (a)(i) |
$66,500,000 |
General corporate purposes. |
31 December 2019 |
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Bank Guarantee Facility |
Clause 4.1(a)(ii) |
$5,000,000 |
To support other cinema operations now or in the future operating from third party leased premises. |
31 December 2019 |
2
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(a) |
With effect on and from the Effective Date, each party confirms and agrees that it is a party to, and bound by the terms of, the Facility Agreement, as amended by this document, and in the case of each Obligor, in each capacity in which that party is named in Schedule 1. |
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(b) |
Each Obligor agrees to any security documents and guarantees granted by it continuing to secure obligations under the Facility Agreement, as amended by this document. |
On the date of this document and on the Effective Date, each representation and warranty contained in the Facility Agreement is deemed to be repeated by each Obligor for the benefit of NAB with reference to the facts and circumstances subsisting as at the date of this document and the Effective Date respectively.
Except as specifically amended by this document, the provisions of the Facility Agreement remain in full force and effect.
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7.1 |
Communications and notices |
A notice given under this deed must be given in accordance with the Facility Agreement.
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7.2 |
Counterparts |
This document may be executed in any number of counterparts and, if so, the counterparts taken together constitute one and the same instrument.
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7.3 |
General law and jurisdiction |
This document is governed by the laws of Victoria. Each party irrevocably and unconditionally submits to the non-exclusive jurisdiction of the courts exercising jurisdiction there.
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SCHEDULE 1
BORROWER(S)
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Name |
ACN |
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Reading Exertainment Australia Pty Ltd |
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GUARANTOR(S)
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Name |
ACN |
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Reading Entertainment Australia Ply Ltd |
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Australia Country Cinemas Pty Ltd |
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Australian Equipment Supply Pty Ltd |
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Burwood Developments Pty Ltd |
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Epping Cinemas Pty Ltd |
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Hotel Newmarket Pty Ltd |
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Newmarket Properties Pty Ltd |
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Newmarket Properties No. 2 Pty Ltd |
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Newmarket Properties #3 Pty Ltd |
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Reading Auburn Pty Ltd |
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Reading Australia Leasing (E&R) Pty Ltd |
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Reading Belmont Pty Ltd |
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Reading Charlestown Pty Ltd |
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Reading Cinemas Pty Ltd |
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Reading Cinemas Management Pty Ltd |
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Reading Colac Pty Ltd |
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Reading Dandenong Pty Ltd |
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Reading Xxxxxxxxx Pty Ltd |
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Reading Exhibition Pty Ltd |
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Reading Licences Pty Ltd |
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Reading Maitland Pty Ltd |
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Reading Xxxxxx Pty Ltd |
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Reading Bundaberg 2012 Pty Ltd (formerly Reading Moonee Ponds Pty Ltd) |
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Reading Properties Pty Ltd |
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Reading Properties Indooroopilly Pty Ltd as trustee for The Landplan Property Partners Discretionary Trust |
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Reading Properties Taringa Pty Ltd as trustee for the Reading Property Partners No. 1 Discretionary Trust |
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Reading Property Holdings Pty Ltd |
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Reading Xxxxx Hill Pty Ltd |
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Reading Sunbury Pty Limited |
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Xxxxxx Peninsula Cinema Pty Ltd |
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Westlakes Cinema Pty Ltd |
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A.C.N. __________ Pty Ltd |
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EXECUTED AS A DEED
SIGNATURES
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Executed by Australian Country Cinemas Pty Ltd ACN __________ |
) ) |
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___________________________________ Director |
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___________________________________ Director |
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/s/ Xxxxxxx Ghose_____________________ Xxxxxxx Xxxxx |
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/s/ Xxxxxxx Matyczynski________________ Xxxxxxx Xxxxxxxxxxx |
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Executed by Australian Equipment Supply Pty Ltd ACN __________ |
) ) |
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___________________________________ Director |
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___________________________________ Director |
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/s/ Xxxxxxx Ghose_____________________ Xxxxxxx Xxxxx |
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/s/ Xxxxxxx Matyczynski________________ Xxxxxxx Xxxxxxxxxxx |
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Executed by Burwood Developments Pty Ltd ACN __________ |
) ) |
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___________________________________ Director |
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___________________________________ Director |
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/s/ Xxxxxxx Ghose_____________________ Xxxxxxx Xxxxx |
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/s/ Xxxxxxx Matyczynski________________ Xxxxxxx Xxxxxxxxxxx |
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Executed by Epping Cinemas Pty Ltd |
) ) |
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___________________________________ Director |
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___________________________________ Director |
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/s/ Xxxxxxx Ghose_____________________ Xxxxxxx Xxxxx |
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/s/ Xxxxxxx Matyczynski________________ Xxxxxxx Xxxxxxxxxxx |
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Executed by Hotel Newmarket Pty Ltd ACN __________ |
) ) |
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__________________________________ Director |
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___________________________________ Director |
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/s/ Xxxxxxx Ghose____________________ Xxxxxxx Xxxxx |
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/s/ Xxxxxxx Matyczynski________________ Xxxxxxx Xxxxxxxxxxx |
5
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Executed by Newmarket Properties Pty Ltd ACN __________ |
) ) |
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___________________________________ Director |
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___________________________________ Director |
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/s/ Xxxxxxx Ghose_____________________ Xxxxxxx Xxxxx |
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/s/ Xxxxxxx Matyczynski________________ Xxxxxxx Xxxxxxxxxxx |
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Executed by Newmarket Properties No. 2 Pty Ltd ACN __________ |
) ) |
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___________________________________ Director |
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___________________________________ Director |
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/s/ Xxxxxxx Ghose_____________________ Xxxxxxx Xxxxx |
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/s/ Xxxxxxx Matyczynski________________ Xxxxxxx Xxxxxxxxxxx |
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Executed by Newmarket Properties #3 Pty Ltd ACN __________ |
) ) |
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___________________________________ Director |
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___________________________________ Director |
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/s/ Xxxxxxx Ghose_____________________ Xxxxxxx Xxxxx |
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/s/ Xxxxxxx Matyczynski________________ Xxxxxxx Xxxxxxxxxxx |
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Executed by Reading Auburn Pty Ltd ACN __________ |
) ) |
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___________________________________ Director |
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___________________________________ Director |
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/s/ Xxxxxxx Ghose_____________________ Xxxxxxx Xxxxx |
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/s/ Xxxxxxx Matyczynski________________ Xxxxxxx Xxxxxxxxxxx |
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Executed by Reading Australia Leasing (E&R) Pty Ltd ACN __________ |
) ) |
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___________________________________ Director |
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___________________________________ Director |
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/s/ Xxxxxxx Ghose_____________________ Xxxxxxx Xxxxx |
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/s/ Xxxxxxx Matyczynski________________ Xxxxxxx Xxxxxxxxxxx |
6
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Executed by Reading Belmont Pty Ltd ACN __________ |
) ) |
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___________________________________ Director |
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___________________________________ Director |
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/s/ Xxxxxxx Ghose_____________________ Xxxxxxx Xxxxx |
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/s/ Xxxxxxx Matyczynski________________ Xxxxxxx Xxxxxxxxxxx |
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Executed by Reading Bundaberg 2012 Pty Ltd ACN __________ |
) ) |
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___________________________________ Director |
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___________________________________ Director |
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/s/ Xxxxxxx Ghose_____________________ Xxxxxxx Xxxxx |
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/s/ Xxxxxxx Matyczynski________________ Xxxxxxx Xxxxxxxxxxx |
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Executed by Reading Charlestown Pty Ltd ACN __________ |
) ) |
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___________________________________ Director |
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___________________________________ Director |
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/s/ Xxxxxxx Ghose_____________________ Xxxxxxx Xxxxx |
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/s/ Xxxxxxx Matyczynski________________ Xxxxxxx Xxxxxxxxxxx |
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Executed by Reading Cinemas Pty Ltd ACN __________ |
) ) |
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___________________________________ Director |
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___________________________________ Director |
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/s/ Xxxxxxx Ghose_____________________ Xxxxxxx Xxxxx |
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/s/ Xxxxxxx Matyczynski________________ Xxxxxxx Xxxxxxxxxxx |
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Executed by Reading Cinemas Management Pty Ltd ACN __________ |
) ) ) |
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___________________________________ Director |
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___________________________________ Director |
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/s/ Xxxxxxx Ghose_____________________ Xxxxxxx Xxxxx |
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/s/ Xxxxxxx Matyczynski________________ Xxxxxxx Xxxxxxxxxxx |
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Executed by Reading Colac Pty Ltd
ACN _________ |
) ) |
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___________________________________ Director |
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___________________________________ Director |
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/s/ Xxxxxxx Ghose_____________________ Xxxxxxx Xxxxx |
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/s/ Xxxxxxx Matyczynski________________ Xxxxxxx Xxxxxxxxxxx |
7
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Executed by Reading Dandenong Pty Ltd ACN __________ |
) ) |
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___________________________________ Director |
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___________________________________ Director |
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/s/ Xxxxxxx Ghose_____________________ Xxxxxxx Xxxxx |
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/s/ Xxxxxxx Matyczynski________________ Xxxxxxx Xxxxxxxxxxx |
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Executed by Reading Xxxxxxxxx Pty Ltd ACN __________ |
) ) |
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___________________________________ Director |
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___________________________________ Director |
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/s/ Xxxxxxx Ghose_____________________ Xxxxxxx Xxxxx |
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/s/ Xxxxxxx Matyczynski________________ Xxxxxxx Xxxxxxxxxxx |
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Executed by Reading Exhibition Pty Ltd ACN __________ |
) ) |
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___________________________________ Director |
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___________________________________ Director |
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/s/ Xxxxxxx Ghose_____________________ Xxxxxxx Xxxxx |
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/s/ Xxxxxxx Matyczynski________________ Xxxxxxx Xxxxxxxxxxx |
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Executed by Reading Licences Pty Ltd ACN __________ |
) ) |
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___________________________________ Director |
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___________________________________ Director |
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/s/ Xxxxxxx Ghose_____________________ Xxxxxxx Xxxxx |
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/s/ Xxxxxxx Matyczynski________________ Xxxxxxx Xxxxxxxxxxx |
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Executed by Reading Maitland Pty Ltd ACN __________ |
) ) |
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___________________________________ Director |
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___________________________________ Director |
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/s/ Xxxxxxx Ghose_____________________ Xxxxxxx Xxxxx |
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/s/ Xxxxxxx Matyczynski________________ Xxxxxxx Xxxxxxxxxxx |
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Executed by Reading Xxxxxx Pty Ltd ACN __________ |
) ) |
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___________________________________ Director |
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___________________________________ Director |
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/s/ Xxxxxxx Ghose_____________________ Xxxxxxx Xxxxx |
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/s/ Xxxxxxx Matyczynski________________ Xxxxxxx Xxxxxxxxxxx |
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Executed by Reading Properties Pty Ltd ACN __________ |
) ) |
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___________________________________ Director |
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___________________________________ Director |
8
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/s/ Xxxxxxx Ghose_____________________ Xxxxxxx Xxxxx |
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/s/ Xxxxxxx Matyczynski________________ Xxxxxxx Xxxxxxxxxxx |
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Executed by Reading Properties Indooroopilly Pty Ltd ACN __________ |
) ) ) |
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___________________________________ Director |
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___________________________________ Director |
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/s/ Xxxxxxx Ghose_____________________ Xxxxxxx Xxxxx |
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/s/ Xxxxxxx Matyczynski________________ Xxxxxxx Xxxxxxxxxxx |
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Executed by Reading Properties Taringa Pty Ltd ACN __________ |
) ) |
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___________________________________ Director |
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___________________________________ Director |
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/s/ Xxxxxxx Ghose_____________________ Xxxxxxx Xxxxx |
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/s/ Xxxxxxx Matyczynski________________ Xxxxxxx Xxxxxxxxxxx |
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Executed by Reading Property Housing Pty Ltd ACN __________ |
) ) |
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___________________________________ Director |
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___________________________________ Director |
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/s/ Xxxxxxx Ghose_____________________ Xxxxxxx Xxxxx |
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/s/ Xxxxxxx Matyczynski________________ Xxxxxxx Xxxxxxxxxxx |
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Executed by Reading Xxxxx Hill Pty Ltd ACN __________ |
) ) |
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___________________________________ Director |
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___________________________________ Director |
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/s/ Xxxxxxx Ghose_____________________ Xxxxxxx Xxxxx |
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/s/ Xxxxxxx Matyczynski________________ Xxxxxxx Xxxxxxxxxxx |
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Executed by Reading Sunbury Pty Ltd ACN __________ |
) ) |
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___________________________________ Director |
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___________________________________ Director |
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/s/ Xxxxxxx Ghose_____________________ Xxxxxxx Xxxxx |
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/s/ Xxxxxxx Matyczynski________________ Xxxxxxx Xxxxxxxxxxx |
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Executed by Xxxxxx Peninsula Cinema Pty Ltd ACN __________ |
) ) |
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___________________________________ Director |
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___________________________________ Director |
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/s/ Xxxxxxx Ghose_____________________ Xxxxxxx Xxxxx |
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/s/ Xxxxxxx Matyczynski________________ Xxxxxxx Xxxxxxxxxxx |
9
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Executed by Westlakes Cinema Pty Ltd ACN __________ |
) ) |
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___________________________________ Director |
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___________________________________ Director |
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/s/ Xxxxxxx Ghose_____________________ Xxxxxxx Xxxxx |
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/s/ Xxxxxxx Matyczynski________________ Xxxxxxx Xxxxxxxxxxx |
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Executed by A.C.N. 143 633 096 Pty Ltd ACN __________ |
) ) |
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____________________________________ Director |
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___________________________________ Director |
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/s/ Xxxxxxx Ghose_____________________ Xxxxxxx Xxxxx |
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/s/ Xxxxxxx Matyczynski_______________ Xxxxxxx Xxxxxxxxxxx |
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Executed by National Australia Bank Limited ABN 12 004 044 937 by its Attorney who holds the position of Level 2 Attorney under Power of Attorney dated 1/3/2007 in the presence of: |
) ) ) ) ) |
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/s/ Trent Millsteed_____________________ Witness Trent Millsteed_______________________ Name of Witness (print) |
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/s/ Xxxxxx Tham_____________________ Attorney |
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Xxxxxx Tham_______________________ Name of Attorney (print) |
10
