schedule mb

7/25/2019 Schedule MB

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MACHINERY BREAKDOWN INSURANCEThe Schedule

Policy No. AM0020/03DC08F0

INSURED : Caravelle Hotel and/or The Chains Caravelle Hotel oint !ent"reCo#$any %i#ited and/or &lynhill 'nvest#ents (!ietna#) Pte. %td.and *ai+on To"rists as ,-ners and/or F"ra#a Hotels and esorts'nternational %i#ited as the hotel #ana+e#ent co#$any and/or*"sidiary Co#$anies and/or Porchester Assets %i#ited as the%ender and/or any $arties havin+ an interest in the Hotel or the$ro$erty y virt"e o1 and in accordance -ith the ter#s o1#ort+a+e leasin+ hirin+ econo#ic coo$eration or rentin+a+ree#ents 1or their res$ective ri+hts and interests.

ADDRESS &RISK LOCATION

: 423 Con+ Tr"on+ %a# *on District Ho Chi Minh City !ietna#

BUSINESS : Hotel o-ners and #ana+ers $ro$erty o-ners and develo$erhealth cl"s resta"rants 1ood and caterin+ services sho$sla"ndry o$erations $rovision o1 5rst aid and #edical services inthe nor#al co"rse o1 their "siness and all associated ancillaryand other activities "nderta6en y the 'ns"red

PERIOD : 2 #onths 1ro# stA"+"st 2003 at 00:00 to 3 st"ly 2007 at27:00 local !ietna# ti#e.

COVERAGE : All ris6s o1 $hysical loss o1 or da#a+e to $ro$erty ins"red ca"sedy any event not ecl"ded y the $olicy -ordin+ incl"din+ "t not

li#ited to. 9lectrical or #echanical rea6do-n incl"din+ lac6o"t /

ro-no"t o1 any ite# ins"red -hilst :(a) -or6in+ or at rest() ein+ dis#antled #oved or reerected 1or the $"r$ose o1

cleanin+ ins$ection re$air or installation in another$osition

2. Da#a+e to $ro$erty elon+in+ to the 'ns"red or 1or -hich theyare res$onsile ca"sed y yin+ 1ra+#ents o1 any ite#ins"red res"ltin+ 1ro# the electrical or #echanical rea6do-nthereo1.

3. Da#a+e other than y 5re to any ite# ins"red or to other$ro$erty elon+in+ to the 'ns"red or 1or -hich they areres$onsile directly conse;"ent "$on e$losion or colla$se o1the ins"red ite#.

INTERESTINSURED

: ,n all #achinery $lant and e;"i$#ent o1 every descri$tion ein+the $ro$erty o1 or hired to or leased to or loaned to the 'ns"red or1or -hich the 'ns"red is res$onsile or #ay ac;"ire an ins"raleinterest d"rin+ the $eriod o1 ins"rance

SUM INSURED : US$6,000,000

TERMS ANDCONDITION

: As $er M"nich e0 Days Notice o1 Cancellation2. Architects ? *"rveyors< Fees (0@ o1 *"# 'ns"red)3. A"to#atic Cover incl"din+ Ne- %ocation

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7. A"to#atic 9tension 1or 30 Days

5. =reach o1 Conditions an/or arranties>. Ca$ital Additions Cla"se (0@ o1 s"# ins"red and ;"arterly

declaration)B. Clari5cation A+ree#ent8. Co'ns"rance 80@4. Cost o1 eco#$ilin+ ecords and Clai#s Pre$aration (%i#it

*E0000)

0. C"rrency Cla"se. 9$editin+ 9$ensed incl"din+ Air1rei+hts (li#it 20@ o1re$air cost)

2. Me#orand"# '3. Pay#ent on Acco"nt7. einstate#ent o1 *"# 'ns"redE. e#oval o1 Deris (0@ ,1 Total *"# 'ns"red)>. e$lace#ent !al"e (B ears)B. *tri6e iot and Civil Co##otion8. *"e and %ao"r4. Te#$orary e#oval (0@ o1 the *"# 'ns"red)20. Terroris# 9cl"sion2. nda#a+ed Fo"ndation

All other ter#s li#its and conditions as $er M"nich e $olicy-ordin+s

EXCESS : *000 any one occ"rrence

ANNUAL RATE : 0.04E@

PREMIUM * EB00.00 G 0@ !AT US$ 6,270.00

CHOICE OLAW &

!URISDICTION

: 'n the event o1 any dis$"te over inter$retation o1 this Policy:

%a- : !ietna#

"risdiction : Co"rts o1 !ietna#

PAYMENTTERMS

: Pre#i"#s -ill e $aid in t-o instal#ents d"e and $ayale to =aoMinh in A"+"st 2003 and Fer"ary 2007

DATE : 27th"ly 2003OR AND ON BEHAL OHOCHIMINH CITY INSURANCE COMPANY " BMSG

I#%'()' N%'*+ " DISCLOSURE't is "nderstood that yo" have $rovided co#$lete and acc"rate in1or#ation to =ao Minh and that yo" haveco#$lied -ith yo"r le+al d"ty to disclose e1ore the ince$tion o1 the ins"rance contract all #aterial #attersrelatin+ to the ris6 (i.e. all in1or#ation -hich -o"ld in"ence the I"d+#ent o1 a $r"dent =ao Minh in deter#inin+-hether to "nder-rite the ris6 and i1 so "$on -hat ter#s and at -hat $re#i"#). '1 all s"ch in1or#ation has noteen disclosed =ao Minh have the ri+ht to avoid the contract 1ro# its co##ence#ent -hich #ay lead to clai#snot ein+ #et. '1 yo" elieve that yo" #ay not have co#$lied -ith this d"ty yo" sho"ld contact "s i##ediately.J

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BUSINESS INTERRUPTION OLLOWING MACHINERYBREAKDOWN INSURANCE

The Schedule

Policy No. AM007/03K=08F0

INSURED Caravelle Hotel and/or The Chains Caravelle Hotel oint !ent"reCo#$any %i#ited and/or F"ra#a Hotels and esorts 'nternational%td. as the hotel #ana+e#ent co#$any 1or their res$ective ri+htsand interests.

ADDRESS &RISK LOCATION

: TH9 CAA!9%%9 H,T9%423 Con+ Tr"on+ %a# *on District Ho Chi Minh City !ietna#

BUSINESS : Hotel o-ners and #ana+ers $ro$erty o-ners and develo$erhealth cl"s resta"rants 1ood and caterin+ services sho$sla"ndry o$erations $rovision o1 5rst aid and #edical services inthe nor#al co"rse o1 their "siness and all associated ancillaryand other activities "nderta6en y the 'ns"red

PERIOD : 2 #onths 1ro# stA"+"st 2003 at 00:00 to 3 st"ly 2007 at27:00 local !ietna# ti#e.

COVERAGE : %oss o1 &ross Pro5t res"ltin+ 1ro# an interr"$tion ca"sin+:

a) a red"ction in t"rnover) increase in costs o1 -or6in+

y any contin+ency ins"red and -hich is inde#ni5ale "nder thecorres$ondin+ 'ns"red. Me#orand"# 'B. Pay#ent on Acco"nt8. *"$$liers< 9tension4. ar ? Terroris# 9cl"sion20. T"rnover / ,"t$"t ,$tion

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2. aiver o1 Material Da#a+e 9cessAll other ter#s li#its and conditions as $er M"nich e $olicy-ordin+s

EXCESS : 78 ho"rs

ANNUAL RATE : 0.04E@

PREMIUM : * 400.00 G 0@ !AT US$ 2,0-0.00

CHOICE OLAW &

!URISDICTION

: 'n the event o1 any dis$"te over inter$retation o1 this Policy:

%a- : !ietna#

"risdiction : Co"rts o1 !ietna#

PAYMENTTERMS

: Pre#i"#s -ill e $aid in t-o instal#ents d"e and $ayale to =aoMinh in A"+"st 2003 and Fer"ary 2007

DATE : 27th"ly 2003OR AND ON BEHAL OHOCHIMINH CITY INSURANCE COMPANY " BMSG

I#%'()' N%'*+ " DISCLOSURE't is "nderstood that yo" have $rovided co#$lete and acc"rate in1or#ation to =ao Minh and that yo" haveco#$lied -ith yo"r le+al d"ty to disclose e1ore the ince$tion o1 the ins"rance contract all #aterial #attersrelatin+ to the ris6 (i.e. all in1or#ation -hich -o"ld in"ence the I"d+#ent o1 a $r"dent =ao Minh in deter#inin+-hether to "nder-rite the ris6 and i1 so "$on -hat ter#s and at -hat $re#i"#). '1 all s"ch in1or#ation has not

een disclosed =ao Minh have the ri+ht to avoid the contract 1ro# its co##ence#ent -hich #ay lead to clai#snot ein+ #et. '1 yo" elieve that yo" #ay not have co#$lied -ith this d"ty yo" sho"ld contact "s i##ediately.J

Caravelle _2003_4

schedule mb

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