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1. The Plaintiff:
A. Defendant B Co., Ltd. shall be KRW 514,346,300 and its amount shall be from December 15, 2016 to the date of full payment.
Reasons
1. Basic facts
A. 1) The Plaintiff entered into the instant contract on October 26, 2015, and real estate listed in the separate sheet owned by the Defendant Company and the Plaintiff (hereinafter “instant real estate”).
(A) enter into a sales contract to sell at 11.5 billion won (including value-added tax) (hereinafter referred to as “the contract”).
(1) On the same day, Defendant Company received down payment KRW 1150 million (including value-added tax) from Defendant Company. The part related to the instant contract is as follows. The amount classified under Article 3 (Sales Price and Sales Price Payment) of the instant contract (hereinafter “instant contract”). The amount of KRW 11,50,000,000 on October 1, 2015, as of the payment date of the remainder of down payment including VAT, is KRW 11,50,000,000 on November 30, 2015.
4. The time of payment of the purchase price shall be as follows:
5. The Defendant Company may request, in writing, the Plaintiff to extend the remaining payment date under paragraph (4) of this Article to the extent of 15 days per annum. In the event of a request for the extension of the remaining payment date, the Defendant Company shall calculate a 6% interest rate per annum on the purchase price to the designated account under paragraph (3) of this Article before the remainder payment date under paragraph (4) of this Article.
In such cases, the plaintiff is deemed to consent to the extension of the remaining payment date.
Article 6 (Prohibition of Transfer, etc. of Rights and Duties)
2. The defendant company shall not possess, use, or lease to a third party all or part of the subject matter of sale without the plaintiff's written consent before full payment of the purchase price is made.
Article 7 (Cancellation or Termination of Contract) The Plaintiff may immediately cancel or terminate this contract where the Defendant Company falls under any of the following, and in such cases, the contract amount already paid by the Defendant Company shall be treated to the Plaintiff in full without any condition, and the Defendant Company shall not raise any objection thereto:
1. In the event that the Defendant Company fails to pay the balance by the due date for the payment of the balance under Article 4(4) and (5) of the present Agreement, the Defendant Company did not make a separate notice.