share price , page-28

Edo,

Here is the sequence.

1. Centro borrows money and promises to repay at the end of the term.
2. End of term comes and bank asks for their money.
3. Centro says no we cant pay as we dont have the cash.
4. Bank says oh Sh??
5. Bank then says Ill give you two months to come up with the money or else.
6. At the end of two months bank implements the or else.

Again just read the words in the short term loan contract and see what rights you have to keep on extending the term as long as you like!