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| Home : Dominion Citrus Income Fund (TSX:DOM.UN) and Dominion Citrus Limited (TSX:DMN.PR.A): Lease Surrender Agreement Executed for Kelfield Warehouse Facility |
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Mar 16
2011 |
Dominion Citrus Income Fund (TSX:DOM.UN) and Dominion Citrus Limited (TSX:DMN.PR.A): Lease Surrender Agreement Executed for Kelfield Warehouse Facility |
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TORONTO, ONTARIO--(Marketwire - March 16, 2011) - Dominion Citrus Income Fund (the "Fund") (TSX:DOM.UN) and Dominion Citrus Limited ("DCL") (TSX:DMN.PR.A) (together the "Company" or "Dominion") jointly announce the execution of a Lease Surrender Agreement ("Lease Surrender") with the landlord of Dominion's 51 Kelfield Street warehousing facility. The lease surrender will require (i) a $750,000 payment from Dominion Citrus Limited to the Landlord in six payments between closing and August 15, 2011; and (ii) the sale to the Landlord (at no expense to the Landlord) of all existing racking and refrigeration equipment at the facility. |
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| Source:http://www.marketwire.com/mw/release.do?id=1412947&sourceType=3 |
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