Reference is made to (i) the Amended and Restated Agreement and Plan of Merger (the “Agreement”), dated as of the date hereof, among Kerzner International Limited (the “Company”), an international business company incorporated under the laws of the...Amended and Restated Agreement and Plan of Merger • May 2nd, 2006 • Istithmar PJSC • Services-miscellaneous amusement & recreation • Delaware
This letter agreement shall become effective concurrently with the execution and delivery of the Agreement by each party thereto. We and Newco hereby covenant, agree and acknowledge that, at such time as this letter agreement becomes effective in accordance with the immediately preceding sentence, this letter agreement shall supersede the Original Commitment Letter in all respects and that the Original Commitment Letter shall terminate automatically and cease to be of any force or effect.
Reference is made to (i) the Amended and Restated Agreement and Plan of Merger (the “Agreement”), dated as of the date hereof, among Kerzner International Limited (the “Company”), an international business company incorporated under the laws of the...Agreement and Plan of Merger • May 2nd, 2006 • Istithmar PJSC • Services-miscellaneous amusement & recreation • Delaware
This letter agreement shall become effective concurrently with the execution and delivery of the Agreement by each party thereto. We and Newco hereby covenant, agree and acknowledge that, at such time as this letter agreement becomes effective in accordance with the immediately preceding sentence, this letter agreement shall supersede the Original Commitment Letter in all respects and that the Original Commitment Letter shall terminate automatically and cease to be of any force or effect.
