insolvent or is under receivership", debenture holder representative's duties shall terminate. However, the signed agreement states that "when the debenture holder representative or the
registration statement and draft prospectus ("filing"). In this regard, one of the conditions for termination of the debenture holder representative's duties which appears in a draft agreement
under receivership", debenture holder representative's duties shall terminate. However, the signed agreement states that "when the debenture holder representative or the debenture issuer
1 -Translation- No. ECF2 046/2562 24 December 2019 Subject: Report of Resolution of Board of Directors' Meeting Re: (1) Disposal of Rights under Loan Agreement, Pledge Agreement and Memorandum of
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