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TNPF - The Stock Exchange of Thailand

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2. Sale and Purchase Agreement for the Furniture, Fixtures, and Equipment <strong>of</strong> Glow<br />

Trinity Silom Building and Glow Trinity Silom Arcade<br />

Parties<br />

Purchased and<br />

Sold Property<br />

Trinity Property Fund (the Purchaser or the Fund)<br />

Trinity Assets Co., Ltd. (the Seller)<br />

<strong>The</strong> furniture, fixtures, and related equipments having been installed<br />

and in use in the property to purchase and sell under the Agreement<br />

to Purchase and Sell the Land <strong>of</strong> Glow Trinity Silom Building and<br />

Glow Trinity Silom Arcade prior to the registration <strong>of</strong> the asset pool as<br />

a mutual fund<br />

(Collectively referred to as the Purchased and Sold Property)<br />

Compensation<br />

for the transfer <strong>of</strong><br />

ownership<br />

<strong>The</strong> Sellers<br />

representations<br />

and warranties<br />

Default or<br />

termination<br />

events<br />

Not exceeding Baht 10,913,000 (ten million nine hundred and<br />

thirteen thousand baht), exclusive <strong>of</strong> value-added tax, to be paid in<br />

full by the Purchaser on the day <strong>of</strong> registering the transfer <strong>of</strong><br />

ownership <strong>of</strong> the Purchased and Sold Property<br />

On the day <strong>of</strong> this agreement and the Funds First Day <strong>of</strong> Investment,<br />

the Seller represents and warrants that:<br />

1. <strong>The</strong> Purchased and Sold Property is in good condition and<br />

free <strong>of</strong> material defects and has been given such proper<br />

repair and maintenance as fit for other properties similar in<br />

nature to the Purchased and Sold Property<br />

2. Prior to the Ownership Transfer Day, the Seller did not<br />

perform any act which granted a third party a right to use the<br />

Purchased and Sold Property in any manner other than<br />

renting rooms to guests and residents <strong>of</strong> Glow Trinity Silom<br />

Building and retail lessees under the lease agreement, the<br />

service agreement, and the general service agreement <strong>of</strong><br />

Glow Trinity Silom Building<br />

3. <strong>The</strong> Seller holds the ownership <strong>of</strong> the Purchased and Sold<br />

Property, and the Purchased and Sold Property is free <strong>of</strong> any<br />

encumbrance<br />

Any <strong>of</strong> the following events is deemed to be a default or termination<br />

event for the parties involved in such event, as the case may be:<br />

1. Any time prior to the Funds First Day <strong>of</strong> Investment, either<br />

party fails to perform in accordance with this agreement or is<br />

in breach <strong>of</strong> its representations and warranties given herein,<br />

thus causing the Fund to be unable to use the Initial<br />

Investment Property pursuant to the objectives <strong>of</strong> this<br />

agreement<br />

Information Memorandum <strong>of</strong> Trinity Property Fund 16

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