Addresses
Pursuant to Clause 11.9 of the Agreement, the following are the addresses of the parties to the
Agreement:
(i) if to IBM GF:
IBM Belgium Financial Services S.A.
Avenue du Bourget 42
B-1130 Brussels
Belgium
VAT BE 424300467
(ii) if to SDSA:
Supplies Distributors S.A.
Rue Louis Blériot 5
B-4460 Grâce-Hollogne
Belgium
(iii) if to PFS Web B.V.
PFS Web B.V. SPRL
c/o SDSA
Footnotes:
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| (1) |
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All charges are exclusive of any taxes and duties. You agree to pay all applicable taxes and
duties. |
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| (2) |
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“EURIBOR”, is the one month rate for Euros determined by the Banking Federation of the
European Union appearing on Reuters page 01 at or about 11:00 am (Central European Time) on
the relevant day. “Reuters page 01” means the display designated as “Page 01” on the Reuters
Service (or such other page as may replace Page 01 on that service or such other service as
may replace it). On the first Business Day of a calendar month the Base Rate will be changed
to EURIBOR appearing for the last Business Day of the previous calendar month. If at any time,
EURIBOR changes by 0.25% or more, the Base Rate will be changed by the same amount on the day
of such change or the next following Business Day. Charges accruing from day to day will be
calculated on the basis of a year of 360 days and the actual number of days elapsed. If the
Due Date for payment in Euros is not a day on which settlement in Euros can be effected, the
payment will be made on the preceding Business Day on which settlement can be effected. |
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| (3) |
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Audited Accounts within 90 days of fiscal year end. Revised business plans/budgets will also
be required at this time to enable an annual facility and covenant review to be effected by
us. |
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