frankly , this is the last thing on my mind sorry, I will know more after 6 eastern.
On Tue, Apr 28, 2015 at 9:12 AM, Alireza Ittihadieh <
wrote:
What should be done?
Alireza I.
Begin forwarded message:
Alireza, I did not receive any reply to my e-mail below, have you heard anything from buyer?
Best regards
Derek
Darren, have you reviewed the revised draft and do you have any other comments than the two you mentioned
below?
Best regards
Derek
EFTA00858323
I will wait to hear from you after you have reviewed the draft and then take instructions.
Many thanks
Derek
Set the cap at $100,000
We can control our bank transfer fees but not fees at the escrow agent's bank or your bank. We should only
take responsibility for our bank's transfer fees.
I am in meetings all day today and will review the drafts as soon as 1 can.
Thanks.
575 Lexington Avenue, 4th Floor
New York, New York 10022
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EFTA00858324
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On Apr 20, 2015, at 11:09 AM, Watson, Derek <
wrote:
Thanks Darren. On the basis that these are the buyer's final comments:
- the only point which was not acceptable was the deletion of cap on buyer's costs indemnity in sections 2.7 and
4.1(g) as seller will not agree an open-ended amount;
- in view of your further comments section 7.2(a) has been amended to make clear it is only getting at bank transfer
fees and that Seller should receive purchase price in full, any such bank fees being for buyer's account; and
- all your other further comments have been incorporated in the attached revised draft (theblackline is against your
latest version).
I believe the SPA should now be in acceptable form and look forward to receiving your confirmation. I have been
instructed that if buyer is not willing to sign without further delay then seller wishes to terminate the discussions.
Best regards
EFTA00858325
Derek
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Derek,
I trust that your holiday is going well. Please see my attached revisions marked to your latest draft SPA.
Thanks.
EFTA00858326
575 Lexington Avenue, 4th Floor
New York, New York 10022
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<SPA - Picton II - msn 29273 YG006 V7.DOC><SPA Picton II - msn 29273 YG006 Vdoc.DOC>
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