Key point here
"The parties will endeavour to satisfy the Conversion CPs at the earliest possible time and in any case not later than 31 August 2018."
All those conditions (approvals) need to be completed by 31 August (5 months away) Or GMC will owe back all this debt plus interest as per the terms.
For a company that has missed deadlines in the past this is a massive massive risk!!!
Key point here "The parties will endeavour to satisfy the...
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