Shire plc Voluntary Facility Cancellation Letter to Barclays Bank Plc (US$350 Million)
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Summary
Shire plc, as the parent company, notifies Barclays Bank Plc, acting as agent, of its decision to voluntarily cancel $350 million of the available facility under Facility A of their existing $2.6 billion Term Facilities Agreement. The cancellation is effective as of February 21, 2014. This irrevocable letter is governed by English law and forms part of the original agreement between the parties.
EX-10.1 2 dp44187_ex1001.htm EXHIBIT 10.1
| Shire plc Corporate Headquarters: 5 Riverwalk Citywest Business Campus Dublin 24 Ireland |  |
www.shire.com
| To: | Barclays Bank Plc (as Agent) |
| From: | Shire plc (as Parent Company) |
| Dated: | 18 February 2014 |
Shire PLC - US$ 2,600,000,000 Term Facilities Agreement
dated 11 November 2013 (the “Agreement”)
| 1. | We refer to the Agreement. Terms defined in the Agreement have the same meaning in this letter unless given a different meaning in this letter. |
| 2. | We refer to Clause 7.2 (Voluntary cancellation). |
| (a) | The Parent company requests the voluntary cancellation of US$350,000,000.00 (Three hundred and fifty million US dollars) of Available Facility under Facility A. |
| (b) | The effective date of such cancellation is 21 February 2014. |
| 3. | This letter may be executed in any number of counterparts and this has the same effect as if the signatures on the counterparts were on a single copy of this letter. |
| 4. | This letter and any non-contractual obligations arising out of or in connection with it are governed by English law. |
| 5. | This letter has been entered into on the date stated at the beginning of this letter. |
| 6. | This letter is irrevocable. |
/s/ Thomas Greene
Shire plc
By: Tom Greene
/s/ Simon Deaves
Barclays Bank Plc
By: Simon Deaves
Incorporated and registered In Jersey No. 99854
Registered Office: Shire plc, 22 Grenville Street, St Heller, Jersey JE-4 8PX
