Common use of Cape Town Convention Clause in Contracts

Cape Town Convention. 5.21.1 The 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 Equipment; 5.21.2 The Equipment are “aircraft objects” (as such term is defined in the Cape Town Convention); 5.21.3 The Borrower has identified any and all Cape Town Eligible Leases, and has notified Agent of such Leases, in writing; 5.21.4 The payment of principal of and interest on the Notes, and the performance by the Borrower of the Obligations, are “associated rights” (as such term is defined in the Cape Town Convention) with respect to the Equipment.

Cape Town Convention. 5.21.1 The 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 Equipment; 5.21.2 The Equipment are “"aircraft objects” " (as such term is defined in the Cape Town Convention); 5.21.3 The Borrower has identified any and all Cape Town Eligible Leases, and has notified Agent of such Leases, in writing; 5.21.4 The payment of principal of and interest on the NotesRevolving Note, and the performance by the Borrower of the Lender and Non-Lender Obligations, are “"associated rights” " (as such term is defined in the Cape Town Convention) with respect to the Equipment.

Cape Town Convention. 5.21.1 The 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 Equipment; 5.21.2 The Equipment are “"aircraft objects” " (as such term is defined in the Cape Town Convention); 5.21.3 The Borrower has identified any and all Cape Town Eligible Leases, and has notified Agent of such Leases, in writing; 5.21.4 The payment of principal of and interest on the NotesRevolving Note, and the performance by the Borrower of the Obligations, are “"associated rights” " (as such term is defined in the Cape Town Convention) with respect to the Equipment.

Cape Town Convention. 5.21.1 The 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 Equipment; 5.21.2 The Equipment are “"aircraft objects” " (as such term is defined in the Cape Town Convention); 5.21.3 The Borrower has identified any and all Cape Town Eligible Leases, and has notified Agent of such Leases, in writing; 5.21.4 The payment of principal of and interest on the Notes, and the performance by the Borrower of the Obligations, are “"associated rights” " (as such term is defined in the Cape Town Convention) with respect to the Equipment.