BREAK FREE TERMS...Still NO NEWS on LOCKE MATTER...!
• In the event that the Term Sheet is terminated by AVZ, by Locke on the basis of
due diligence, or the formal agreement is not executed by 31 March 2024 AVZ
must pay Locke’s reasonable costs in relation to the Transaction capped at
US$200,000
• A break-fee of US$1,000,000 is payable to Locke by AVZ in the event that AVZ
terminates the Term Sheet at any time
"""""""""""""Repayment"""""""""Now how will they REPAY LOCKE...???????
• Customary for a facility of this nature final repayment terms will be negotiated
with Locke during the due diligence period
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- Locke Funding Almost Certainly Dead In The Water If News Article is Correct
BREAK FREE TERMS...Still NO NEWS on LOCKE MATTER...!• In the...
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