Common use of Appraisal of Aircraft Clause in Contracts

Appraisal of Aircraft. The Issuer shall, within 90 days after the Expected Final Payment Date of the ACS Group Subclass A-1 Securities, deliver to the Trustee, the Policy Provider and the Rating Agencies three appraisals of the Base Value of each of the Aircraft from each of Initial Appraisers or, if any of the Initial Appraisers is unable to provide an appraisal, from the remaining Initial Appraisers and such other Appraisers selected by the Issuer, each such appraisal to be dated within 30 days prior to its delivery to the Trustee, the Policy Provider and the Rating Agencies.