Faa Aircraft Purchase Agreement

NOW, THEREFORE, in light of the mutual agreements and agreements it contains and for other valid and quality counterparties, the parties agree that the total purchase price of the aircraft is _________Dollars (the “purchase price”) (c) After a proper and timely positioning of the aircraft at the point of delivery and in the event of the execution of all commitments and agreements of the , the buyer has the purchase price of the Exeter 1031 Services Exchange, LLC, the qualified intermediary designated by the seller, to file by electronic transfer, and (ii) the seller and buyer will immediately notify the agent: (a) the date and presentation of the FAA`s sales account to the civil air registry, (b) the date and filing of the registration application with respect to the aircraft and (c) the release of the warranty sales account to the buyer. At the same time, the buyer will execute an aircraft delivery voucher (by fax and mail) as Appendix C and deliver it to the seller in the attached form. The risk of loss, accident, liability or damage to the aircraft is considered to be related to the delivery of the delivery voucher to the buyer to the buyer (i.e. the “closing date” and the closing date is the end date). The buyer and seller agree that the terms of this contract, including all exhibitions, constitute the entire agreement between the parties. In accordance with this specific contract for the purchase of aircraft (the “agreement”), the date – date and after and between ________In reference to the aircraft mentioned above (the “aircraft”) confirms that the purchaser has completed his inspection of the aircraft on that date. Re: _____________N______________ Some _____N________die manufacturer`s serial numbers – and – Data, parts, instruments, accessories, furniture or other equipment or objects installed on or connected to these aircraft and engines, as well as bulk equipment and aircraft documents associated with the above parts, as defined in this specific aircraft purchase agreement (the agreement) between the seller and the purchase unit. (whole “buyer”), the date of the day of the aircraft, all called “airplane” together. (b) The performance, supply and delivery of the contract by the seller has been duly authorized by all necessary measures on behalf of the seller and is not in contradiction with a violation of any of the conditions or resulting in a delay in a document, instrument or agreement involving the seller. The representations, guarantees, alliances and agreements of the buyer and seller will survive the conclusion for the long term. The seller wishes to exchange the full right, title and participation of the seller on the aircraft for other aircraft of the same nature and qualifying use, in accordance with Section 1031 of the Internal Income Code.