Medieval Attractions N.V - Page 100

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               An annex to the Bill of Sale between Gatetown and Manver               
          provided that the annual installments of $760,000 beginning                 
          June 1, 1987, should have added to them simple interest of                  
          9 percent per year payable monthly on the outstanding balance.              
          The document was dated June 30, 1986, and was signed by Mayol for           
          Gatetown and by Onate for Manver.                                           
               An agreement dated July 25, 1986, between Eurotor and MTNV             
          purported to amend the January 20, 1983, document notwithstanding           
          that MTNV was not a party to the January 20, 1983, document.  The           
          original construction on the castle had been completed prior to             
          the castle’s opening in December 1983, 2-l/2 years before July              
          1986.  The amendment was allegedly necessary because “the                   
          scheduled time to finish the constitution [sic] was delayed for             
          about six months or more.  The two parties agree that because of            
          the reasons mentioned above instead of an accrued 4% as seen in             
          the agreement signed of 1/20/83, it would be 10% (ten) of the               
          total estimated cost of the facility.”  The agreement was signed            
          by Sans for MTNV and by Santandreu for Eurotor.                             
               Manver purportedly entered into licensing agreements with              
          MTNV and MANV in 1986.  Both documents granted the licensees                
          (MANV and MTNV) the exclusive right to use the licensed services            
          described as “the Licensed Servicemarks and the Distinctive                 
          Services in connection with the sale, offering for sale and                 
          advertising of restaurant and entertainment services using the              
          Distinctive Services”.  Both documents required that the                    




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