Financial Support Agreement Regarding Guaranty of Obligation

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Excerpt:

FINANCIAL SUPPORT AGREEMENT REGARDING GUARANTY OF OBLIGATION RECITALS A. Guarantor has issued or will continue to maintain the guaranty attached as Annexure A hereto (the Guaranty) following the transfer of Guarantor's controlling interest in Receiver. B. Receiver agrees to pay Guarantor a fee pursuant to the following terms and conditions. 1. GUARANTY FEE Guaranty Fee shall be [%] per [ANNUM/MONTH] calculated [MONTHLY/DAILY] charged on the month-end outstanding balance of the Guaranty as evidenced by the amortisation schedule attached hereto as Annexure B and will be payable [SEMI-ANNUALLY] on [JUNE 30th] and [DECEMBER 31st] of each calendar year. If the Guaranty is outstanding for less than a full calendar month Guaranty Fee shall be computed based on the outstanding balance of the Guaranty on each calendar day of such month that the Guaranty shall remain in effect.

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