TNPF - The Stock Exchange of Thailand
TNPF - The Stock Exchange of Thailand
TNPF - The Stock Exchange of Thailand
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and the agreements to be made shall have the same significant details as those in the<br />
summary <strong>of</strong> information <strong>of</strong> the above lease agreement.<br />
3. Agreement to Use Streets and Walkways<br />
Parties<br />
Term<br />
Payment <strong>of</strong><br />
Compensation<br />
Defaults or<br />
Cause <strong>of</strong><br />
Termination<br />
Trinity Complex Condominium Juristic Person (Grantor) and<br />
Trinity Property Fund<br />
All times the Fund seeks benefits from the properties the Fund<br />
initially invests in. <strong>The</strong> Fund makes this agreement without fixing<br />
any period<br />
Trinity Complex Condominium Juristic Person grants those who<br />
use service at Glow Trinity Silom Building, Glow Trinity Silom<br />
Arcade and Plaza Building including their inhabitant, retail<br />
lessees and visitors to use streets and walkways. <strong>The</strong> Fund<br />
shall, on a monthly basis, pay compensation for using streets<br />
and walkways at Baht 20,000 per month<br />
Trinity Complex Condominium Juristic Person has allowed using<br />
the common property and charge compensation for such use at<br />
Baht 20,000 per month since December 2005. During that<br />
period, the compensation has not been increased<br />
If the default <strong>of</strong> Trinity Complex Condominium Juristic Person<br />
results that those who use service at Glow Trinity Silom Building,<br />
Glow Trinity Silom Arcade and Plaza Building including their<br />
inhabitant, retail lessees and visitors may not use the streets and<br />
walkways as normal, Trinity Complex Condominium Juristic<br />
Person shall compensate to Fund and shall be responsible for<br />
expense <strong>of</strong> providing substitution <strong>of</strong> streets and walkways for<br />
Glow Trinity Silom Building, Glow Trinity Silom Arcade and Plaza<br />
Building<br />
4. Future Investment<br />
For the future investment, the Management Company will focus on the investment on receive the<br />
ownership and/or leasehold in the residence immovable property.<br />
In addition, the Fund will procure the benefits from such immovable property by lease, sub-lease<br />
or sell such immovable property in order to obtain the highest benefit for the Unitholders and the<br />
Fund. Furthermore, the future investment include the investment in the constructing project<br />
and/or other securities and/or procure the interest by any mean as prescribed in the Notification <strong>of</strong><br />
the SEC Committee and other relevant notifications which enforce at the present or amendments<br />
thereto.<br />
Information Memorandum <strong>of</strong> Trinity Property Fund 30