Exhibit 10.3.3 - Westpac Facility Extension


		
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			20 December 2018
		

		
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			The Directors
		

		
			Reading Courtenay Central Limited 
		

		
			C/- Reading International Limited 
		

		
			5995 Sepulveda Blvd
		

		
			Suite 300
		

		
			Culver City 
		

		
			California 90230
		

		
			United States of America
		

		
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			Dear Sirs,
		

		
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			BANKING FACILITIES - READING COURTENAY CENTRAL LIMITED
		

		
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			This letter is in substitution for and replaces Westpac NZ"s variation letter dated 12 December 2018.
		

		
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			We are pleased to confirm that we have approved the following changes to your banking arrangements:
		

		
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			THE CHANGES
		

		
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				 1.
			

			
	
			
			The limit of your Multi Option Credit Line facility (Midas No. 406242) ("MOCL") will be reduced to $32,000,000, effective from the 31" of December 2018;




		
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				 2.
			

			
	
			
			Subject to your election, the expiry date and line of credit charge ("LCC") applicable to the MOCL may be amended as set out in the table below:




		
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						 Expiry Date

					
					
						 

					
					
						 

					
						 initial)

					
						 

				
	
					
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						Term

					
					
						 

					
						Facility Expiry Date

					
					
						 

					
						LCC

					
					
						 

					
						Selection

					
						{please initial)

				
	
					
						2 years

					
					
						31 December 2020

					
					
						0.50% p.a.

					
					
						 

				
	
					
						3 years

					
					
						31 December 2021

					
					
						0.70% p.a.

					
					
						 

				
	
					
						4 years

					
					
						31 December 2022

					
					
						0.90% p.a.

					
					
						 

				
	
					
						5 years

					
					
						31 December 2023

					
					
						1.10% p.a.

					
					
						 

				



		
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				 3.
			

			
	
			
			The Payments undertaking in clause 8.1(i) of the MOCL agreement, dated 7  October 2016, as amended from time to time is deleted in its entirety and replaced with the following:




		
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			payments
		

		
			No member of the Charging Group can make any payments (including but not limited to capital reductions, dividends, repayment of loans, interest payments and management fees) to associated or related parties, or in repayment of the Subordinated Notes, unless all covenants contained in the Agreement are being met and will continue to be met following such payment being made.
		

		
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			For the purposes of this clause Subordinated Notes means the obligations of Reading New Zealand Limited under the Junior Subordinated Indenture document, dated 5 February 2007, as entered by Reading New Zealand Limited, Reading International Inc, and Wells Fargo Bank, N.A."
		

		
			 
		


		

		

		 


		

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			THE CONDITIONS OF APPROVAL
		

		
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			Nil.
		

		
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			In all other respects your banking arrangements remain unchanged.
		

		
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			If the terms of this letter are acceptable to you, please initial your selection under the proposed matrix of options, sign this letter, arrange for all guarantors (if any) to sign it, and return it. The changes will take effect from the date we receive the signed copy from you provided any conditions have been satisfied.
		

		
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			This letter may be executed in two or more counterparts, all of which will be deemed to constitute the same instrument. Westpac NZ may accept as an original a facsimile copy or copies of this letter executed by the parties, which when taken with a counterpart executed by Westpac NZ, will be deemed to be one original copy of this letter.
		

		
			This offer is open for acceptance until 5pm on 31 December 2018. 
		

		
			Yours sincerely,
		

		
			WESTPAC NEW ZEALAND LIMITED
		

		
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			John Machell
		

		
			Senior Manager Corporate Business
		

		
			 
		


		

		

		 


		

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		ACCEPTANCE
		

		
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			We accept the changes described in this letter.
		

		
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			Signed on behalf of the Borrower, Reading Courtenay Central limited, by:
		

		
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			  /s/ Ellen Cotter       Director
		

		
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			  s/ Devasis Ghose       Director
		

		
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			Date of acceptance:    20/12/2018
		

		
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			GUARANTOR'S CONSENT
		

		
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			We confirm that our guarantee is not affected by the changes referred to in this letter.
		

		
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			Signed on behalf of the guarantor, Reading New Zealand Limited, by:
		

		
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			  s/ Devasis Ghose       Director
		

		
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			Date of consent20/12/2018
		

		
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			Signed on behalf of the guarantor, Reading Cinemas Courtenay Central Limited, by:
		

		
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			  s/ Devasis Ghose       Director
		

		
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			Date of consent20/12/2018
		

		
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			Signed on behalf of the guarantor,  Reading New Lynn Limited, by:
		

		
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			  /s/ Devasis Ghose       Director
		

		
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			Date of consent20/12/2018
		

		
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			Signed on behalf of the guarantor, Reading Dunedin Limited, by:
		

		
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			  /s/ Devasis Ghose       Director
		

		
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			Date of consent20/12/2018
		

		
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		Signed on behalf of the guarantor, Reading Queenstown Limited, by:
		

		
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			  /s/ Devasis Ghose       Director
		

		
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			Date of consent20/12/2018
		

		
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			Signed on behalf of the guarantor, Reading Restaurants NZ Limited, by:
		

		
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			  /s/ Devasis Ghose       Director
		

		
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			Date of consent20/12/2018
		

		
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			Signed on behalf of the guarantor, Courtenay Car Park Limited, by:
		

		
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			  /s/ Devasis Ghose       Director
		

		
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			Date of consent20/12/2018
		

		
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			Signed on behalf of the guarantor, Reading Wellington Properties Limited, by:
		

		
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			  /s/ Devasis Ghose       Director
		

		
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			Date of consent20/12/2018
		

		
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			Signed on behalf of the guarantor, Queenstown Land Holdings Limited, by:
		

		
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			  /s/ Devasis Ghose       Director
		

		
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			Date of consent20/12/2018
		

		
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			Signed on behalf of the guarantor, Darnelle Enterprises Limited, by:
		

		
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			  /s/ Devasis Ghose       Director
		

		
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			Date of consent20/12/2018
		

		
			 
		


		

		

		 


		

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		Signed on behalf of the guarantor, Movieland Cinemas (NZ) Limited, by:
		

		
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			  /s/ Devasis Ghose       Director
		

		
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			Date of consent20/12/2018
		

		
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			Signed on behalf of the guarantor, New Zealand Equipment Supply Limited, by:
		

		
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			  /s/ Devasis Ghose       Director
		

		
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			Date of consent20/12/2018
		

		
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