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those events specified in the casualty insurance policy and for damages to machinery in the Leased Properties that are covered by the insurance, the Lessee shall, throughout the lease term, be responsible for the maintenance of the Lease Properties as follows:- 1. Maintain, repair and improve the Leased Properties in good conditions suitable for purpose of use specified in this agreement in the same manner the Lessee repair and maintain other similar properties at the Lessees expenses 2. Take any steps relating to renovation of the Leased Properties at the Funds expense pursuant to the Budget In case of movable property 1. Throughout the lease term, the parties agreed that the Lessee shall be responsible for buying furniture, fixtures and equipment necessary for business operation at the Funds expense as may be approved by the Fund. Ownership of the furniture, fixtures and equipment shall belong to the Fund and shall be deemed the Leased Properties under this agreement 2. The Fund may authorize the Lessee to sell the furniture, fixtures and equipment. Proceed from such sale shall be delivered to the Fund accordingly Determination of the maintenance budget of the Leased Properties The Fund will determine the budget as from the first investment as follows:- 1) For the first and second year, 2% of the income generated from the operation of Glow Trinity Silom Building 2) For the third year, 3% of the income generated from the operation of Glow Trinity Silom Building And, where the properties are leased out thereafter, the Fund will determine the maintenance budget of the Leased Properties as follows:- 1) For the 4 th and 5 th year, 3% of the income generated from the operation of Glow Trinity Silom Building 2) For the 6 th year onwards throughout the term, 4% of the income generated from the operation of Glow Trinity Silom Building It is further agreed on such budget as follows: a. Such budget shall not be deemed an expense for calculation of the net profit of the Fund In any fiscal year the Fund is required to pay the renovation expense under this agreement, and expense for procurement of furniture, fixtures and equipment for Glow Trinity Silom Information Memorandum of Trinity Property Fund 26
Event of Default or Termination Event Building, only those portions actually incurred to be considered expense of the Fund b. Expense of the Fund in paragraph a. will be in accordance with the budget approved by the Fund and the aggregated expenses will not exceed the Budget Upon the Lessees requests, the Fund shall transfer the renovation expense to the Lessee on the following conditions: a. Such expense must be capital expenditure budget b. The aggregated amount must not exceed the Budget that the Lessor set out for the expense under this lease agreement The Lessee shall prepare the report on spending and use of the budget to pay the maintenance expenses of the Leased Properties and submit the same to the Fund every 25 th day of each month Upon the Lessees failure in so doing, the Fund may carry out the above by itself and claim for related damages from the Lessee 1. The Lessee fails to pay a rent in the amount and within the period given in this Agreement, fails to comply with this Agreement or its representations and warranties under this Agreement become incorrect 2. The Lessee has entered into a bankruptcy proceeding or business reorganization proceeding under the applicable laws 3. Any of the following agreements has been terminated 3.1 The Lease Agreement of Glow Trinity Silom Arcade, Furniture, Fixtures and Equipment between Trinity Property Fund and Silomall Co., Ltd.; and/or 3.2 The Undertaking Agreement between Trinity Property Fund and Trinity Assets Co., Ltd.; and/or 3.3 Other agreements relating the Fund between Trinity Property Fund and Trinity Assets Co., Ltd. 4. The Leased Properties has been confiscated in whole or in substantial part, thus causing the Lessee unable to use the Leased Properties 5. Both parties mutually agree to terminate the Agreement in writing; or status of the Fund has been revoked or terminated by the provision of the applicable laws and/or by order of the relevant authority, including the Securities and Exchange Commission, the Office of the Securities and Exchange Commission and/or Capital Market Supervisory Board, without fault of the Fund and the Management Company Upon occurrence of any of the events in Items 1-3, the Fund shall notify the Lessee in writing of the Lessees default, and Information Memorandum of Trinity Property Fund 27
Page 1 and 2: - Information Memorandum - (Mutual
Page 3 and 4: 250 metres north of Sathorn Road th
Page 5 and 6: Investment in assets in Glow Trinit
Page 7 and 8: Glow Trinity Silom Arcade Items 200
Page 9 and 10: The appraisal value of Brooke Real
Page 11 and 12: Transfer of ownership, ownership tr
Page 13 and 14: with the Fund, in the case of the T
Page 15 and 16: 4.2 the agreement to purchase and s
Page 17 and 18: 2. The parties have agreed in writi
Page 19 and 20: Leased Properties 1. The 1 ngan and
Page 21 and 22: Rights and Duties of Lessee after t
Page 23 and 24: year (Budget) consisting of:- (1) P
Page 25: Maintenance of Leased Properties 3.
Page 29 and 30: Leased Term Rental Three years from
Page 31 and 32: Furthermore, such operation the Fun
Page 33 and 34: Mutual Fund Supervisor Name: CIMB T
Page 35 and 36: 2 The Management Company must notif
Page 37 and 38: (d) Unitholders who have conflicts
Page 39 and 40: (3) The Management Company will pay
Page 41 and 42: than one-third of the total number
Page 43 and 44: In the case of capital increase, th
Page 45 and 46: Rights of the Unitholders 1. Rights
Page 47 and 48: 5. Risk from the income of the Fund
Page 49 and 50: Reserve Fund for Renovation (Unit :
Page 51 and 52: Nevertheless, during the lease peri
Page 53 and 54: previous years, provided that such
Page 55 and 56: 2 Report of Investment or Disposal
Page 57 and 58: The Management Company or the Regis
Page 59 and 60: No. of Unitholders and Distribution
Page 61: Should the investor need more infor

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