KTT Final Contract HCF - PRESTIGE (REVISION) - 25102023
KTT Final Contract HCF - PRESTIGE (REVISION) - 25102023
KTT Final Contract HCF - PRESTIGE (REVISION) - 25102023
N U M B E R : HCF_PRESTIGE_€200M _251023
DATE: October 25th, 2023
COOPERATION
PART Y – A
Page 1 PARTY
– B
AGREEMENT NUMBER:
DATE: October 25th,2023
DEED OF AG REEMENT
This Mutual Investment Partnership Agreement on Delivery of Funds for Humanitarian Purposes by KTT
funds transfer. With Agreement Code: DOA_HCF_PRESTIGE_€200M_251023 Funds Transfer is made and
proposed to be effective on October 25th, 2023 (hereinafter referred to as "Agreement"):
BANK ADDRESS Suite 907, BLD Plaza Morica 50 and 71 St. San Francisco Panama
And
FORTH TRANCHE € 25,225,134,00 (Twenty Five Million Two Hundred Twenty Five
Thousand One Hundred Thirty Four Euros)
PARTY A – Page 3 P A R T Y. B
AGREEMENT NUMBER:
DATE: October 25th,2023
PR OC E D URE:
1. BOTH PARTIES SIGN/STAMP THIS AGEEMENT WITH THEIR RESPECTIVE BANKS The sending bank sends first
tranche to receiving bank via KTT MT-103/202,
2. The receiving bank replies via KTT MT -202 o r K T T M - 1 9 9 that funds have been received.
3. The receiving bank officer replies via email to receiver. And receiver replies via email to sender: Funds
“
transfer confirmation has been received. The funds have been credited to the recipient account”.
4. The receiving bank within 48 banking hours of receipt and confirmation of KTT advice, then will wire via
SWIFT MT-103 the agreed upon proceeds to the bank accounts according to endorsed FPA/PGL and receiver
will immediately provide sender with swift copies of the wire transfers.
A. PARTY A HE REBY CONFIRMS THAT THE FUNDS ARE GOOD, CLEAN AND CLEARED FUNDS OF NONCRIMINAL
ORIGIN AND ARE FROM A LEGAL SOURCE.
B. PARTY B HAS BEEN ASSURED BY PARTY A THAT THE REMITTANCE IS GOOD FOR PAYMENT AND DOES NOT
OFFEND THE PROVISIONS OF THE PROCEEDS OF CRIME AND ANTI-MONEY LAUNDERING RULES.
C. PARTY A INDEMNIFIES PARTY B'S BANK AND PARTY B AGAINST ANY CLAIMS UNDER THE ABOVE RULES.
D. ANY UNAUTHORIZED BANK CALLS, PROBES, COMMUNICATIONS AND ANY IMPROPER SOLICITATIONS OR
DISCLOSURE INVOLVING ANY BANK CONCERNED IN THIS TRANSACTION WILL RESULT IN THE MMEDIATE
CANCELLATION OF THIS TRANSACTION. ALL COMMUNICATION MUST BE BANK TO BANK ONLY. GENERALLY
RECOGNIZED INTERNATIONAL STANDARDS OF NONCIRCUMVENTION AND NON - DISCLOSURE ARE APPLICABLE
FORA PERIOD OF FIVE YEARS FROM THE DATE OF THIS DOCUMENT
E. IF PARTY A FAILS TO REMIT CASH FUNDS TO PARTY B, THEN ALL TRANSACTIONS WILL CEASE AND ALL LIABILITY
FOR PAYMENTS AND FEES WILL BE TERMINATED IMMEDIATELY WITH NO FURTHER RESPONSIBILITY TOWARDS
ANY OTHER PEOPLE THAT MAY OR MAY NOT BE MENTIONED ON THIS AGREEMENT. HOWEVER, ONCE PAYMENTS
AND FEES HAVE BEEN WIRED TO P A R T Y B ’ S A C C O U N T , R E C E I E V E R I S NOT RESP ONSIBLE FOR
INTERMEDI ARY INFORMATION OR BANKING COORDINATES THAT MAY BE INCORRECT IN THIS
DOCUMENT.
F. THE FORCE MAJEURE EXCEPTION CLAUSE OF THE INTERNATIONAL CHAMBER OF COMMERCE (ICC. P U
BLI C ATI O N #42 1) IS HE RE BY I NC O RP O RATE D I N AND M ADE AN I NTE GRAL P ART O
F THIS DO C U M E NT.
G. BOTH PARTIES HERE BY AFFIRM AND ATTEST THAT EAC H HAS THE AU THO RITY TO ACCEPT AND
EXECUTE THIS FULLY LEGAL CONTRACT AND TO BEBUNDBYITS TERMS AND CONDITIONS.
ELECTRONIC COPIES OF THIS DO CU M E NT WHEN FULLY EXECUTED ARE TO BE CONSIDERED
ORIGINAL AND BINDI NG. THIS AGREE ME NT I S BI NDI NG TO THE P ARTI ES UP ON AC C E P
TANCE.
IN WITNESS WHE RE OF, THE PA RTIES HE RETO SET THE IR HA NDS AND W IT NES S WITH THE IR
CORPORATE SEALS UPON THIS AGR EEMENT AS THE ACCEPTA NCE OF THE PRESENT TERMS AND
CONDITIONS OF THIS THE AGREEMENT AND
IN WITNESS WHEREOF, the Parties have hereunto executed this Agreement on this date October 13, 2023:
Page 5 PARTYB –
PARTY A –
AGREEMENT NUMBER:
DATE: October 25th,2023
APPENDIX
SHARE DISTRIBUTION
PARTY B – RECEIVER AND INTERMEDIARIES ACCOUNT TO RECEIVE PAYMENT 50% (FIFTY PERCENT)
BANK NAME PT. BANK RAKYAT INDONESIA
Jakarta Branch office Roxy Niaga Roxy Mas, Jl. KH.
BANK ADDRESS Hasyim Ashari Block B1 No.1-2, Cideng, Gambir, Central
Jakarta City, Jakarta 10150
ACCOUNT NAME PT. PRESTIGE GLOBAL PETROLEUM
ACCOUNT NUMBER 033801001962303 (IDR)
SWIFT CODE BRINIDJA
PART Y – A P a g e 10 PARTY
– B
AGREEMENT NUMBER:
DATE: October 25th,2023
EDT (Electronic document transmissions) shall be deemed valid and enforceable in respect of any provisions of
this Contract. As applicable, this agreement shall be: Incorporate U.S. Public Law 106-229,‘‘ElectronicSignatures
in Global & National Commerce Act’’ or such other applicable law conforming to the UNCITRAL Model Law on
Electronic Signatures (2001).
ELECTRONIC COMMERCE AGREEMENT (ECE/TRADE/257, Geneva, May 2000) adopted by the United
NationsCentre for Trade Facilitation and Electronic Business (UN/CEFACT).
EDT documents shall be subject to European Community Directive No. 95/46/EEC, as applicable. Either Party
May request hard copy of any document that has been previously transmitted by electronic means provided
however, that any such request shall in no manner delay the parties from performing their respective obligations
and duties under EDT instruments.
Required message “The remitter is known to us. This is done with full banking responsibility, and we are satisfied
as to the source of funds sent out.”
PART Y – A P a g e 12 PARTY – B