500M Draft Funds Transfer Investment Agreement - DB - Qatar QNB - Ds-Alifin
500M Draft Funds Transfer Investment Agreement - DB - Qatar QNB - Ds-Alifin
500M Draft Funds Transfer Investment Agreement - DB - Qatar QNB - Ds-Alifin
COMPANY NAME
COMPANY ADDRESS
COMPANY NUMBER
BENEFICARY REPRESENTED BY
PASSPORT NO.
DATE OF ISSUE
DATE OF EXPIRE
COUNTRY OF ISSUE
BANK NAME
BANK ADDRESS
ACCOUNT NAME
IBAN No
SWIFT CODE
OFFICER NAME
BANK TEL.
AND
COMPANY NAME WHITE PEARL FOR BUSINESSMAN SERVICES
COMPANY ADDRESS P.O.BOX: 2029 - DOHA‚ QARAE ‚U - 245,411
COMPANY NUMBER 55008050
BENEFICARY REPRESENTED BY AHMED NASSER J. AL-THANI
PASSPORT NO. S021160
DATE OF ISSUE 09.12.2018
DATE OF EXPIRE 08.12.2028
COUNTRY OF ISSUE QATAR
BANK NAME QATARI NATIONAL BANK (QNB)
BANK ADDRESS PO BOX 1000, DOHA, QATAR
ACCOUNT NAME WHITE PEARL FOR BUSINESSMAN SERVICES
IBAN No QA83QNBA000000000251029463001
SWIFT CODE QNBAQAQAXXX
OFFICER NAME MS. MAI BOSTAMI
BANK TEL. +974 44407777 / 44963212
CORRESPONDENT BANK DEUTSCHE BANK AG, FRANKFURT AM MAIN GERMANY, SWIFT: DEUTDEFF
WHEREAS
THE FUNDS PROVIDER DESIRES TO TRANSFER FROM THEIR RESOURCES THE SUM OF € 40, 000,
000.00 (FORTY MILLION EURO) WITH ROLLS AND EXTENSTIONS FOR INVESTMENT AND PROJECT
FUNDING PURPOSES. THE FUNDS PROVIDER REPRESENTS AND WARRANTS THAT HE HAS, WITH
FULL CORPORATE RESPONSIBILITY, PERMISSION TO ENTER INTO THIS AGREEMENT. HE HEREBY
DECLARES UNDER PENALTY OF PERJURY THAT THE FUNDS ARE GOOD, CLEAN, CLEAR, AND FREE OF
NON-CRIMINAL ORIGIN, AND ARE FREE AND CLEAR OF ALL LIENS, ENCUMBRANCES AND THIRD-
PARTY INTEREST.
THE BUSINESS SERVICE PROVIDER DESIRES TO RECEIVE THE SUM OF € 40,000,000.00(FORTY
MILLION FIVE HUNDRED THOUSANDEURO) WITH ROLLS AND EXTENSTIONS FOR INVESTMENT AND
PROJECT FUNDING PURPOSES VIA SWIFT MT103/202 WIRE TRANSFER INTO THEIR BANK ACCOUNT
AND CONFIRM WITH FULL CORPORATE AND LEGAL RESPONSIBILITY AND AUTHORITY TO ENTER
INTO THIS AGREEMENT. THE BUSINESS SERVICE PROVIDER REPRESENTS AND WARRANTS THAT HE
HAS WITH FULL CORPORATE RESPONSIBILITY PERMISSION TO ENTER INTO THIS AGREEMENT. HE
HEREBY DECLARES THAT WHEN THE FUNDS PROVIDER CONFIRM TO THE CO-ORDINATES OF THE
BUSINESS SERVICE PROVIDER ACCOUNT, THATS WHEN THE FUNDS ARE TRANSFERRED, THESE WILL
BE ARE FREE AND CLEAR OF ALL LIENS, ENCUMBRANCES AND THIRD-PARTY INTEREST.
THE BUSINESS SERVICE PROVIDER WARRANTS AND ACKNOWLEDGE AT ANY GIVEN TIME THESE
FUNDS BELONG TO THE FUNDS PROVIDER. THE BUSINESS SERVICE PROVIDER WARRANTS AND
GUARANTEES THAT HE IS TO BECOME A TRUSTEE ON BEHALF OF THE FUNDS PROVIDER; WHERE
ANY TRANSACTION PERTAINING AND RELATING TO THESE FUNDS IS ALWAYS IN THE SOLE
DISCRETION OF THE FUNDS PROVIDER . ALL DECISIONS MUST BE COMMUNICATED IN WRITING
AND SENT THROUGH THEIR RESPECTIVE EMAIL OR BE EXCHANGED FACE TO FACE. BOTH PARTIES
WILL SIGN THE PRESENT AGREEMENT WHICH THEREBY AUTOMATICALLY BECOMES A FULL
COMMERCIAL RECOURSE CONTRACT.
1. DESCRIPTION OF THE FUNDS
THESE FUNDS ARE GOOD CLEAN CLEAR, NON-CRIMINAL CASH FUNDS OF € 40,000,000.00 (FORTY
MILLION EURO ) WITH ROLLS AND EXTENSTIONS, THESE CASH FUNDS ARE AVAILABLE AND READY
TO TRANSFER VIA SWIFT MT103 SINGLE CASH TRANSFER AT SIGHT SAME DAY VALUE, URGENTLY
DELIVERYBY FUNDS PROVIDER BANK TO THE BUSINESS SERVICE PROVIDER’S BANK ACCOUNT
ACCORDING TO THE PROCEDURES DESCRIBED IN THIS AGREEMENT.
BUSINESS SERVICE PROVIDER CASH FUNDS DESCRIPTION
SWIFT MT103 SINGLE CASH TRANSFER AT SIGHT SAME DAY VALUE, URGENTLY
INSTRUMENT:
DELIVERY
TOTAL: € 500,000,000.00 (FIVE HUNDRED MILLION) WITH R &E
FIRST TRANCHE: € 40,000,000.00 (FORTY MILLION EURO) WITH R & E
CURRENCY: EURO - EUROPEAN UNION CURRENCY
DELIVERY: CASH VIA SWIFT MT103 WIRE TRANSFER
SENDING BANK ………………………….
1. DISBURSEMENT OF FUNDS
IT IS AGREED THAT THE BUSINESS SERVICE PROVIDER WARRANTS AND INDEMNIFIED WITH FULL
LEGAL RESPONSIBILITY THAT ANY INVESTMENT CASH FUNDS RECEIVED, SHALL BE DISBURSED AS
TO STATED PROPORTION:
FUND PROVIDER WILL UTILIZE FOR OTHER INVESTMENT AS AGREED EARLIER. BUSINESS SERVICE
PROVIDER HAS RIGHTS TO UTILIZE THE FUNDS FOR INVESTMENTS AGREED AND PAY BACK IN 60
MONTHS TIME PERIOD FROM THE DAY OF RECEIVING THE FUNDS TO THE ACCOUNT.
THE BUSINESS SERVICE PROVIDER WILL DISBURSE THE FUNDS AS SAID ABOVE:
2. ALL TRANSFERS WILL BE EXECUTED WITHIN 7 (SEVEN) TO 10 (TEN) DAYS, DUE TO THE
MONEY LAUNDERING AND TERRORISM ACT. ALL BANKING LAWS THAT PERTAINS TO THE
TRANSFER OF CASH FUNDS WILL BE ADHERED TO. THE RELEVANT PARTIES TO THIS
PARTICULAR CONTRACT WILL BE INFORMED ON THE DAY TRANSFERS ARE BEING
EXECUTED.
1. TAXES: EACH PARTY, INDIVIDUALLY AND SEPARATELY, SHALL BEAR RESPONSIBILITY AND
ACCEPTS LIABILITY FOR APPLICABLE PAYMENTS OF ANY TAX, IMPOSTS, LEVIES, AND
DUTIES OF CHARGES THAT MAY BE FOUND APPLICABLE DURING THE FULFILLMENT OF
THEIR RESPECTIVE OBLIGATIONS UNDER THIS AGREEMENT.
2. ASSIGNMENT: NONE OF THE PARTY SHALL ASSIGN OR TRANSFER THEIR RIGHTS OR DUTIES
IN THIS AGREEMENT WITHOUT THE EXPRESSED WRITTEN CONSENT BY THE OTHER PARTY.
ANY TRANSFER OR ASSIGNMENT MADE WITHOUT SUCH CONSENT SHALL NOT RELIEVE THE
TRANSFEROR OR ASSIGNOR OF THEIR DUTIES OR OBLIGATIONS PURSUANT TO THIS
AGREEMENT, AND THE ASSIGNMENT AND TRANSFER SHALL BE CONSIDERED NULL AND
VOID.
3. INCENTIVES: THE PARTIES TO THIS AGREEMENT HEREBY STATE AND DECLARE THAT EACH
PARTY IS FREE FROM ANY UNDUE INFLUENCE, COERSION OR MISREPRESENTATION OF ANY
KIND, AND HAS VOLUNTARILY ENTERED INTO THIS AGREEMENT.
1. THE PARTIES UNDERTAKE THAT THEY WILL NOT AT ANY TIME DIVULGE OR COMMUNICATE
TO ANY PERSON, EXCEPT TO THEIR PROFESSIONAL ADVISORS OR AS MAY BE REQUIRED BY
LAW, ANY CONFIDENTIAL INFORMATION CONCERNING THE CONTENTS OF THIS
AGREEMENT.
6. FORCE MAJEURE
1. THE PARTIES HERETO SHALL NOT BE LIABLE FOR ANY FAILURE TO PERFORM DUE TO ACTS
OF GOD OR CIVIL RIOTS AS DEFINED UNDER THE FORCE MAJEURE CLAUSES AS STATED IN
THE STANDARD ICC (INTERNATIONAL CHAMBER OF COMMERCE, PARIS, FRANCE) RULINGS,
AND WHICH ARE DEEMED TO BE INCORPORATED HEREIN
2. EACH PARTY HERETO SHALL BE OBLIGED TO IMMEDIATELY INFORM THE OTHER PARTY
ABOUT THE BEGINNING, PROBABLE DURATION AND CESSATION OF THE FORCE MAJEURE
CIRCUMSTANCES. THE NON-INFORMATION ABOUT THE FORCE MAJEURE CIRCUMSTANCES
SHALL CANCEL THE RIGHT OF EITHER PARTY HERETO TO MAKE REFERENCE TO IT
7. GENERAL PROVISIONS
2. ALL APPENDICES AND ADDENDUMS DULY SIGNED IN FULL BY BOTH PARTIES SHALL BE AN
INTEGRAL PART OF THIS AGREEMENT.
6. LANGUAGE: THE PARTIES AGREE THAT THE ENGLISH LANGUAGE IS THE GOVERNING
LANGUAGE WHEN INTERPRETING THE REPRESENTATIONS, WARRANTIES, AGREEMENTS
AND UNDERSTANDINGS OF THIS AGREEMENT BETWEEN THE PARTIES. FURTHERMORE, ANY
NOTICES DUE SHALL BE MADE IN THE ENGLISH LANGUAGE.
8. EXECUTION
2. THIS AGREEMENT SHALL BE CONSIDERED EXECUTED AND COME INTO LEGAL EFFECT ONCE
IT HAS BEEN PRINTED OUT, SIGNED IN FULL ON EACH PAGE, BY BOTH PARTIES, WHO
WARRANT THAT THEY ARE LEGALLY AUTHORIZED REPRESENTATIVES OF THEIR
RESPECTIVE (LEGAL) PERSONS, AND IN CONFORMITY WITH THEIR RESPECTIVE
AUTHORITIES HAVE THE RIGHT TO SIGN THIS AGREEMENT.
SIGNATURE
END OF DOCUMENTS