Persons entitled
- Cronos Finance (Bermuda) Limited
Amount secured
The purchase price payable by cfb to the company being $6,733,340 in aggregate for the transferred assets transferred on the closing date and any purchase price payable by cfb to the company for any additional transferred assets transferred in the future pursuant to the purchase agreement (all terms as defined)
Short particulars
Notwithstanding the intention of the parties in the event that a court of competent jurisdiction shall determine (I) any transferred assets are the property of the company's bankruptcy estate or (ii) the purchase agreement creates a security interest in the transferred assets. See the mortgage charge document for full details.