п»їAIRCRAFT PURCHASE AGREEMENT
AGREEMENT, old November a few, 2013 simply by and amongst Supersonic Wings Corp., a Delaware company, (the " Seller" ) and Untrustworthy Aviation, Inc., a New You are able to corporation featuring its principal office at 987 East 48th Street, New york city, New York 12345 (" Buyer" ). WHILE, the Seller wants to sell to Buyer, and Buyer would like to purchase from the vendor, the Plane; and WHILE, the Buyer hereby agrees to pay the vendor $23, 500, 000 in immediately obtainable funds. AT THIS POINT, THEREFORE , in consideration of the mutual pledges herein set forth and susceptible to the terms and conditions hereof, the parties concur as follows: Document 1 . Definitions
Section 1 . 1 DefinedВ Terms. As employed in this Agreement, terms described in the preamble and recitals of this Arrangement have the symbolism set forth therein, and the following terms have the meanings established below: " Agreement" means this Contract of Sales and all Plans and Displays hereto, while the same can be amended every now and then. " Aircraft" means the Airframe, built with two Rolls-Royce Tay motors model quantity MK611-8 bearing Serial Numbers 72725 and 72726, together with almost all appliances, avionics, furnishings, and other components, tools, and property incorporated in, attached to, or related to, the Airframe and engines. " AirframeвЂќ means the Gulfstream Aerospace Firm G550 aeroplanes, bearing United states of america Registration Number N765BW and Manufacturer's Serial No . 8181. " Designated Contracts" means the Maintenance Contract (as hereafter defined) and the Pilot Arrangement (as hereafter defined). " Assumed Liabilities" means most liabilities and obligations that (i) occur under the Routine service Agreement upon or after the date hereof and (ii) arise within the Pilot Arrangement after the date of the Shutting. " Modern aviation Fuel" means any gas or water that is used to create power to launch an plane. At the time of the Seller's delivery of the Aeroplanes to Purchaser, the gasoline gauge with the Aircraft shall register while full. " Closing" means the concluding of the sale for the Airplane contemplated at this time Agreement in New York, Ny on the Final Date. " Closing Date" has the meaning specified in Section 2 . 04(a). " Consent" shall mean virtually any consent, authorization, authorization of, notice to, or designation, registration, announcement or submitting with, anyone. " Contract" shall imply any contract, lease, arrangement, license, device, arrangement, commitment, or understanding to which the Buyer or any Seller is a get together or through which it or any type of of the properties or perhaps assets may be bound or affected. " Engines" means the two Rolls-Royce Tay search engines model quantity MK611-8 bearing Serial Numbers 72725 and 72726. " LawsвЂќ means almost all Federal, condition, local or perhaps foreign laws and regulations, rules, and regulations. " LienвЂќ means any lien, charge, charge, security curiosity, mortgage, or perhaps pledge. " Maintenance Agreement" means that specific Maintenance Arrangement, dated by April several, 20X2 among Greasemonkeys, Incorporation. and Owner, as similar may be changed from time to time. " NoteвЂќ means the Shopper's 9% promissory note, payable to the order of the Retailer, in the main amount of $5, 1000, 000, credited on Dec 31, 2018, substantially as Exhibit A to this Contract. " Order": any judgment, award, purchase, writ, injunction or rule issued by simply any Federal government, state, neighborhood or international authority, court, tribunal, agency, or additional governmental expert, or by simply any arbitrator, to which virtually any Seller or its property are subject matter, or to which the Buyer or its property are subject, as the truth may be. " Person" shall mean any individual, a collaboration, joint venture, company, trust, unincorporated organization, authorities (and virtually any department or perhaps agency thereof) or additional entity. " Pilot Agreement" means that certain Pilot Agreement between Seller and Expert Pilots, Incorporation. dated by May 12, 20X1, while the same could possibly be amended from time to time. Article installment payments on your Purchase and Sale
[To always be inserted. ]
Document 3. Illustrations and...