To income loss incurred in respect of Katota Program Phase 3, represented by Resource Mobilization Incorporated, due to non-performance by Treasureland Ltd of its obligations to Fund Phase 3 of the Katota Program, in terms of an agreement made on the 26th day of November 2009, between Remo Development Investments on behalf of the Katota Program and Treasureland, in which agreement Treasureland undertook to fund all phases of the Katota Program. The phase 3 quantum is the result of agreed settlement on 15/08/12, to reduce (limit claims against Treasureland, without the settlement, Katota claims will escalate to infinity) losses to Treasureland and also reduce reputation damage to the Katota Program. day of November 2009, between Remo Development Investments on behalf of the Katota Program and Treasureland Limited.
The total amount due shall bear interest at the rate of 12.5% per annum, calculated on daily balance from the date of this invoice to date of full payment.
Purchased invoice may be filed with the relevant secretary of state
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