THIS  AGREEMENT is entered into on 21 December 2024

Between

(1)            PARTY_1_NAME whose principal place of business is at PARTY_1_ADDRESS_SINGLE_LINE (the "Administrator")

(2)            PARTY_2_NAME whose principal place of business is at PARTY_2_ADDRESS_SINGLE_LINE (the "Client") (along with the Servicer, each a "Party", together the "Parties")

Whereas

(A) Client has requested Administrator to undertake the administration of Client; and

(B) Administrator is willing to assist Client by acting as Administrator and providing facilities and services to Client, subject to and in accordance with the provisions hereinafter set forth.

 

IT IS AGREED as follows:

1. DEFINITIONS

  In this Agreement the words set out below shall bear the respective meanings attributed to them unless the subject or context requires otherwise.

 

Auditors” means the auditors from time to time of Client as appointed by the Directors and/or Shareholders.

 

Companies Law” means the applicable company law and every statutory modification or re-enactment thereof for the time being in force.

 

Directors” means the directors from time to time of Client appointed in accordance with the Company’s Memorandum and Articles of Association.

 

2. APPOINTMENT  

3. REPRESENTATIONS AND WARRANTIES

4. ADMINISTRATIVE DUTIES

5. AUTHORITY OF ADMINISTRATOR

6. AGENTS AND ADVICE  

7. AUTHORISATIONS  

8. INDEMNIFICATIONS 

9. EXCLUSION OF LIABILITY

10. INDEPENDENT CONTRACTOR

11. COMPENSATION 

12. DISBURSEMENTS  

13. FILE LIEN

14. AGREEMENT

15. TERMINATION  

16. TRIGGER DATES

17. COMMUNICATIONS

18. CONFIDENTIALITY  

19. PRIVACY

20. DOCUMENTS

21. SOFTWARE TOOLS

22. DESTRUCTION, ARCHIVAL AND RETRIEVAL OF FILES

23. FORCE MAJEURE

24. NON-COMPETITION

25. NON-EXCLUSIVE APPOINTMENT  

26. NOTICES

27. DELEGATION

28. ASSIGNMENT  

29. TAX & LEGAL ADVICE

30. ANTI-MONEY LAUNDERING REGULATIONS

31. ILLEGAL AND SENSITIVE ACTIVITIES

32. LEGAL STANDING

33. LEGISLATION

34. APPLICABLE LAW  

35. HEADINGS  

36. GOOD FAITH

37. BINDING EFFECT  

38. SEVERABILITY  

39. COUNTERPARTS  



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