Cape Town. The Owner is a Transacting User Entity (as defined in the regulations of the International Registry); is “situated”, for the purposes of the Cape Town Treaty, in the United States; and has the power to “dispose” (as such term is used in the Cape Town Treaty) of the Airframe and each Engine. The Bills of Sale for the Airframe and Engines constitute a “contract of sale” (as defined in the Cape Town Treaty), and the Trust Indenture, as supplemented by the Trust Indenture Supplement in which such Airframe and Engines are listed, creates an International Interest in such Airframe and Engines. The Airframe and each Engine are “aircraft objects” (as defined in the Cape Town Treaty); and the United States is a Contracting State under the Cape Town Treaty.
Cape Town. The Security Agreement is intended to be and does constitute, an “agreement” (as defined in the Cape Town Law). At the time of the execution of the Security Agreement, the Borrower is a Cayman Entity (as defined in the Cape Town Law) which has made an election in writing pursuant to clause 3(2) of the Cape Town Law that the Cape Town Law shall apply to it generally, and has the power to “dispose” of the Airframe and each Engine in accordance with the terms of the Security Agreement. The Airframe and the Engines constitute “aircraft objects” (as defined in the Cape Town Law) and have been accurately described in the Security Agreement by manufacturer’s name, model designation and manufacturer’s serial number.
Cape Town. The Owner is a Transacting User Entity (as defined in the regulations of the International Registry); is “situated”, for the purposes of the Cape Town Treaty, in the United States; and has the power to “dispose” (as such term is used in the Cape Town Treaty) of each Airframe, Engine and Spare Engine. The Trust Indenture and Spare Engines Security Agreement, as supplemented on the Closing Date, create International Interests in each Airframe, Engine and Spare Engine. Each Airframe, Engine and Spare Engine is an “aircraft object” (as defined in the Cape Town Treaty); and the United States is a Contracting State under the Cape Town Treaty.
Cape Town. The Security Agreement is intended to, and does, constitute an “agreement” (as defined in the Cape Town Treaty). At the time of the execution of the Security Agreement, the Borrower is “situated,” for purposes of the Cape Town Treaty, in a “Contracting State” (as defined in the Cape Town Treaty), and has the power to “dispose” of the Airframe and each Engine in accordance with the terms of the Security Agreement. The Airframe and the Engines constitute “aircraft objects” (as defined in the Cape Town Treaty) and have been accurately described in the Security Agreement by manufacturer’s name, model designation and manufacturer’s serial number.
Cape Town. The Borrower is a “transacting user entity” (as such term is used in the Cape Town Treaty); is “situated”, for the purposes of the Cape Town Treaty, in the United States; and has the power to “dispose” (as such term is used in the Cape Town Treaty) of the Airframe and each Engine. The Bills of Sale for the Airframe constitute a “contract of sale” (as defined in the Cape Town Treaty) and the Security Agreement, as supplemented by the Security Agreement Supplement No. 1, creates an International Interest in the Airframe and Engines. The Airframe and each Engine are “aircraft objects” (as defined in the Cape Town Treaty); and the United States is a “Contracting State” under (and as defined in) the Cape Town Treaty.
Cape Town. (a) Unless and until the Aircraft has been delivered by the Seller to the Buyer in accordance with this Agreement, the Buyer shall not seek to, nor be entitled to, register any interest in the Airframe or any Engine at the international registry (the “IR”) located in Dublin, Ireland, established pursuant to the Convention on International Interests in Mobile Equipment, and the Protocol to the Convention on International Interests in Mobile Equipment on Matters Specific to Aircraft Equipment, in each case adopted on November 16, 2001, at a diplomatic conference in Xxxx Xxxx, Xxxxx Xxxxxx Xxxx Xxxx Convention.
(b) At or after Delivery, the Seller will cooperate with the Buyer to (i) register a contract of sale in respect of the Airframe and each of the Engines with the international registry, (ii) cause Credit Agricole Corporate and Investment Bank to discharge its existing international interests in respect of the Airframe and each of the Engines then registered with the IR and (iii) if permitted by applicable law, cause new international interests created by the Novation Agreement to be registered with the IR with the Lessee as Debtor and the Buyer as creditor (it being understood that this registration will be for notice purposes only). The Seller’s co-operation will include the Seller being, at its own expense, a Transacting User Entity approved by the IR at Delivery.
Cape Town. (A) The Owner is a “transacting user entity” (as such term is defined in the Regulations of the International Registry); is “situated,” for the purposes of the Cape Town Convention, in the United States; and has the power to “dispose” (as such term is used in the Cape Town Convention) of the Aircraft; (B) the Airframe and Engines are “aircraft objects” (as defined in the Cape Town Convention); and (C) the United States is a Contracting State under the Cape Town Convention.
Cape Town evidence that Lessee has established a transaction user entity account with the International Registry and confirmation from the professional user entity selected by Lessor that it has all necessary consents for Lessee to make registrations with the International Registry required by Lessor upon delivery of the Aircraft to Lessee;
Cape Town. Xx. 0 Xxxxxxxx Xxxxxx, Long Street, Cape Town, 8001;
Cape Town. Convention Borrower is (a) a “Transactional User Entity” (as such term is defined in the Regulations for the International Registry); (b) “situated,” for the purposes of the Cape Town Convention, in the United States; and (c) has the “power to dispose” (as such term is used in the Cape Town Convention) of the Airframe, Engines or Turboprop Engines; 5.
