DEBENTURE TRUST DEED PURPOSE OF REPORT ...

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Debenture Trust Deed 45 discharged from the security created by this Deed and from the Secured Money and release and discharge the Council from the Secured Obligations. Nothing in this clause shall limit or prejudicially affect the rights of the Council to any release of the Charged Assets pursuant to clause 0. Partial Invalidity: If any provision of this Deed or of any Stock Certificate shall be invalid, void, illegal or unenforceable, the validity, existence, legality and enforceability of the remaining provisions shall not be affected, prejudiced or impaired. Absence of Crown Guarantee: Neither the Secured Money nor the Secured Obligations are guaranteed by the Crown. Governing Law and Submission to Jurisdiction: This Deed, and each Stock Certificate, is governed by and to be construed in accordance with, the laws of New Zealand and the Council, the Trustee and each Stockholder submit to the non-exclusive jurisdiction of the courts of New Zealand in respect of all matters or disputes arising in respect of this Deed or any Stock Certificate. Governance Requirements: The Council must comply with: all applicable laws relating to governance matters; the Act; and the applicable terms of this Deed from time to time. Delivery: For the purposes of Section 9 of the Property Law Act 2007, and without limiting any other mode of delivery, this Deed will be delivered by each of the parties hereto (each a Delivering Party) immediately on the earlier of: physical delivery of an original of this Deed executed by the relevant Delivering Party into the custody of the other party or other party's solicitors; or transmission by the relevant Delivering Party or its solicitors (or any other persons authorised in writing by the relevant Delivering Party) of a facsimile, photocopied or scanned copy of an original of this Deed, executed by the relevant Delivering Party, to the other party or other party's solicitors. Counterparts: This deed may be signed in any number of counterparts, all of which, when taken together, will constitute one and the same deed. IN WITNESS <strong>OF</strong> WHICH this Deed has been executed and delivered. KCDC_n367613_v1_Fin-13-825_Appendix_1_Copy_of_Report_Fin-12-593_from_28_June_Council © Simpson Grierson
Debenture Trust Deed 46 SIGNED for and on behalf of KAPITI COAST DISTRICT COUNCIL by: Mayor/Councillor Councillor Address: Kapiti Coast District Council 175 Rimu Road Paraparaumu 5032 Facsimile: (04) 296 4857 For: Group Manager Finance KCDC_n367613_v1_Fin-13-825_Appendix_1_Copy_of_Report_Fin-12-593_from_28_June_Council © Simpson Grierson
Page 1 and 2: Mayor and Councillors COUNCIL DEBEN
Page 3 and 4: Appendix 1 - Fin-13-825 Fin-12-593
Page 5 and 6: Appendix 1 - Fin-13-825 Fin-12-593
Page 7 and 8: TABLE OF CONTENTS Appendix 1 Fin-13
Page 9 and 10: Debenture Trust Deed 2 Definitions:
Page 11 and 12: Debenture Trust Deed 4 "Paying Agen
Page 13 and 14: Debenture Trust Deed 6 "Transitiona
Page 15 and 16: Debenture Trust Deed 8 as regards t
Page 17 and 18: Debenture Trust Deed 10 Advice to T
Page 19 and 20: Debenture Trust Deed 12 Validity: N
Page 21 and 22: Debenture Trust Deed 14 REGISTER OF
Page 23 and 24: Debenture Trust Deed 16 INDEMNITY B
Page 25 and 26: Debenture Trust Deed 18 BEARER STOC
Page 27 and 28: Debenture Trust Deed 20 person in a
Page 29 and 30: Debenture Trust Deed 22 except that
Page 31 and 32: Debenture Trust Deed 24 date of suc
Page 33 and 34: Debenture Trust Deed 26 distinguish
Page 35 and 36: Debenture Trust Deed 28 of any prov
Page 37 and 38: Debenture Trust Deed 30 of this Dee
Page 39 and 40: Debenture Trust Deed 32 satisfied t
Page 41 and 42: Debenture Trust Deed 34 becoming en
Page 43 and 44: Debenture Trust Deed 36 Essential S
Page 45 and 46: Debenture Trust Deed 38 Application
Page 47 and 48: Debenture Trust Deed 40 Priority Am
Page 49 and 50: Debenture Trust Deed 42 ALTERATIONS
Page 51: Debenture Trust Deed 44 the Council
Page 55 and 56: Stock Certificate No: [ ] FIRST SCH
Page 57 and 58: - iii - Debenture Trust Deed Page i
Page 59 and 60: Stock Certificate No: [ ] FIRST SCH
Page 63 and 64: - v - Debenture Trust Deed Page v (
Page 65 and 66: espect of advances and in respect o
Page 67 and 68: CONDITIONS 1. SUBJECT as herein pro
Page 69 and 70: FIRST SCHEDULE PART IV FURTHER COND
Page 71 and 72: SECOND SCHEDULE MEETINGS OF STOCKHO
Page 75 and 76: - v - Debenture Trust Deed Page v (
Page 77 and 78: - vii - Debenture Trust Deed Page v
Page 79 and 80: - ix - Debenture Trust Deed Page ix
Page 81 and 82: - ii - Debenture Trust Deed Page ii
Page 83: - iv - Debenture Trust Deed Page iv

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