TNPF - The Stock Exchange of Thailand

Compensation
for the transfer of
ownership
The Sellers
representations
and warranties
Not exceeding Baht 553,710,000 (five hundred and fifty-three million
seven hundred and ten thousand baht), to be paid in full by the
Purchaser on the day of registering the transfer of ownership of the
property to purchase and sell with the competent official at the Land
Office, Bangkok (the Funds First Day of Investment)
On the day of this agreement and the Funds First Day of Investment,
the Seller represents and warrants that:
1. The Seller holds a license, has been granted permission, or is
deemed to have been fully licensed by competent authorities for
the operation of the real property development business related
to the Initial Investment Property, including for the construction,
opening, and operation of the real property development
business, and such license and/or permission related to the
Initial Investment Property remains fully effective as of the date of
the agreement
The Seller has never violated any condition of the license or
permission related to the Initial Investment Property
The Seller has never committed any act which may cause the
license and/or permission related to the Initial Investment
Property to be suspended, cancelled, or revoked
2. On the Funds First Day of Investment, the Seller holds the
ownership of the Initial Investment Property, and such Property is
free of any encumbrance
The Sellers
responsibilities
regarding the
exercise of the
rights pursuant to
the agreement
permitting the
use of streets
and walkways
The Seller agrees with the Fund that throughout the Funds
ownership of the land of the Glow Trinity Silom Building, should the
Trinity Complex Condominium Juristic Person be in breach of the
agreement permitting the use of streets and walkways, or when such
agreement is terminated for any reason, the Fund shall demand that
the Seller modify Glow Trinity Silom Building at its own expense by,
for instance, installing car lifts for transporting incoming and outgoing
vehicles to and from Glow Trinity Silom Buildings underground car
parks, or constructing an entrance and an exit for customers and
vehicles, etc., in order to provide Glow Trinity Silom guests, retail
store customers, and visitors to Glow Trinity Silom Building with
access to Soi Naradhiwas Rajanagarindra 3
In addition, throughout the entire period in which Trinity at Silom Co.,
Ltd. remains a party to the lease agreement for the land of Glow
Trinity Silom Building and furniture, fixtures, and equipment made
Information Memorandum of Trinity Property Fund 12