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Get Somerset College Debentures For Sale Form

Somerset College s website offers potential sellers the opportunity to post their debentures for sale on the relevant web page. ACQUIRING DEBENTURES Should the applicant be interested in the deposit / debenture option please click here to access a list of people interested in selling debentures. In terms of the original prospectus dated August 2000 debentures become tradable on the eighth anniversary of the date of issue. In order to facilitate the purchase and sale of such debentures Somerset College has put in place the following process 1. 2. The information shall be interactively accessible and the respective parties shall contract independently of Somerset College. Somerset College shall not assume any function or risk in respect of the financial settlement of any resulting agreement/transaction* 3. Once the contracting parties have agreed to a transaction the selling party normally the existing debentures will be held in cession by the Somerset College Association shall request release of the relevant debentures to the seller. 4. The release will be subject to there being no further claims by the Association against the ceded security of the relevant debentures. 5. The released debentures together with a completed form CM42 shall be handed to the College s Auditors GKN Financial Services cc for transfer and re-registration* GKN Financial Services cc shall charge a transfer fee of R1 250 per transaction* 6. Upon completion of transfer the new debentures together with a relevant form of cession and in a potentially negotiable form shall be delivered to Somerset College for safekeeping. ACQUIRING DEBENTURES Should the applicant be interested in the deposit / debenture option please click here to access a list of people interested in selling debentures. In terms of the original prospectus dated August 2000 debentures become tradable on the eighth anniversary of the date of issue. In terms of the original prospectus dated August 2000 debentures become tradable on the eighth anniversary of the date of issue. In order to facilitate the purchase and sale of such debentures Somerset College has put in place the following process 1. 2. The information shall be interactively accessible and the respective parties shall contract independently of Somerset College. Somerset College shall not assume any function or risk in respect of the financial settlement of any resulting agreement/transaction* 3. Somerset College shall not assume any function or risk in respect of the financial settlement of any resulting agreement/transaction* 3. Once the contracting parties have agreed to a transaction the selling party normally the existing debentures will be held in cession by the Somerset College Association shall request release of the relevant debentures to the seller. Once the contracting parties have agreed to a transaction the selling party normally the existing debentures will be held in cession by the Somerset College Association shall request release of the relevant debentures to the seller. 4. The release will be subject to there being no further claims by the Association against the ceded security of the relevant debentures.

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