Exhibit 3
Citigroup Global Markets Inc. 23 November 2005
000 Xxxxxxxxx Xxxxxx, 0xx Xxxxx
Xxx Xxxx, Xxx Xxxx 00000
Ladies and Gentlemen:
NOTICE OF TERMINATION
We refer to the Account Control Agreement (the "CONTROL AGREEMENT") between
yourselves as Intermediary, ourselves as Trustee for the Secured Parties and
Sea Containers Limited as Debtor, dated as of December 22,2003 relating to
account numbered 748-01175-1-9-473 and in the name of the Debtor (the
"ACCOUNT"). Capitalized defined terms used herein and not otherwise defined
shall have the meanings given to them in the Control Agreement.
This letter constitutes a notice of termination of the Account Control
Agreement and of any security interest in the Account as of the date hereof.
We no longer have any right to make withdrawals from the Account, to issue
entitlement orders concerning the Account or to issue instructions directing
disposition of income, principal or other proceeds of securities in the
Account.
Please acknowledge receipt of this letter by countersigning below and
returning a copy to us.
Very truly yours,
CITICORP TRUSTEE COMPANY LIMITED
By:
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Name:
Title:
Acknowledged:
CITIGROUP GLOBAL MARKETS INC.
By:
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Name:
Title:
SEA CONTAINERS LIMITED
By:
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Name:
Title:
