Page 108 - Brook-Hollow Due Diligence Package
P. 108
Schedule 3, Part 1 Schedule 3, Part 2
To: XYZ Law Firm, Ltd.
To: Eastern Point Trust Company 1234 Main Street
Attention: Glen Armand, Chairman Suite 1000
403 Holiday Court New Orleans, LA 70163
Warrenton, VA 20186
To Kenmare Assignment Company Limited
To: Kenmare Assignment Company Limited 8th Floor, Block E, Iveagh Court,
8th Floor, Block E, Iveagh Court, Harcourt Road
Harcourt Road Dublin 2, Ireland
Dublin 2, Ireland
Dear Sirs, Dear Sirs,
Re: Substitution Agreement numbered 2020-XXX-XXX entered into as of the day of , 2020 between Re: Substitution Agreement numbered 2020-XXX-XXX entered into as of the day of , 2020 between
Kenmare Assignment Company Limited (“KACL”), XYZ Law Firm, Ltd. (“the Payee”) and Eastern Point Trust Kenmare Assignment Company Limited (“KACL”), XYZ Law Firm, Ltd. (“the Payee”) and Eastern Point Trust
Company (“Asset Custodian”) Company (“Asset Custodian”)
We refer to the above Substitution Agreement. We confirm that we have received no Response Notice from KACL 1. We refer to the above Substitution Agreement.
pursuant to clause 3.2 within the required 30 day period, to our notice of allegation as sent in accordance with clause
3.1 of the said Substitution Agreement. 2. We confirm that we have received from Payee confirmation that no Response Notice was received by the Payee
pursuant to clause 3.2 of the Substitution Agreement from KACL within the required 30-day period;
We hereupon call on you the Asset Custodian to assume henceforth the payment obligations of KACL to me, and
referred to the Substitution Agreement and subject to the provisions of the Substitution Agreement. 3. Accordingly, we hereby serve you notice pursuant to clause 3.3.2.1 of the Substitution Agreement that
Sincerely, 3.1 we will henceforth pay to the Payee, amounts equal to each of the Payment Obligations reproduced in the
Substitution Agreement which at this date remain to be paid to the Payee by KACL, as and when they are required to
be paid subject to the terms of the Substitution Agreement;
3.2 we are ceasing forthwith making payments to KACL pursuant to the Upstream Agreement referred to in the
XYZ Law Firm, Ltd. (Payee) XYZ Law Firm, Ltd. (Payee) Substitution Agreement.
By: Attorney Name, Partner By: Attorney Name, Partner
Sincerely,
Eastern Point Trust Company
Attention: Glen Armand, Chairman
403 Holiday Court
Warrenton, VA 20186