Common use of Property Locations Clause in Contracts

Property Locations. The Inventory, Equipment and Fixtures which are at any time included by AirNet in the calculation of the Borrowing Base are located solely at the locations described in the Exhibit “A” originally attached to this Agreement or any updated replacement Exhibit “A” hereinafter provided to Agent as permitted below. To the extent Float proposes that any such items of Collateral be located at any new locations (i.e., not shown on the Exhibit “A” originally attached hereto), Float shall provide thirty (30) days’ prior notice thereof to Agent together with an updated Exhibit “A”. All of said locations are owned by Float or AirNet except for locations (i) which are leased by Float as lessee and designated in Part B of Exhibit “A” or (ii) at which Inventory is held in a public warehouse or is otherwise held by a bailee or on consignment as designated in Part C of Exhibit “A”, with respect to which Inventory Float has used its best commercially reasonable efforts to obtain and deliver bailment agreements, warehouse receipts, financing statements or other documents satisfactory to the Agent to protect the Agent’s security interest in such Inventory.

Property Locations. The Inventory, Equipment and Fixtures which are at any time included by AirNet in the calculation of the Borrowing Base are located solely at the locations described in the Exhibit “A” originally attached to this Agreement or any updated replacement Exhibit “A” hereinafter provided to Agent as permitted below. To the extent Float AMI proposes that any such items of Collateral be located at any new locations (i.e., not shown on the Exhibit “A” originally attached hereto), Float AMI shall provide thirty (30) days’ prior notice thereof to Agent together with an updated Exhibit “A”. All of said locations are owned by Float AMI or AirNet except for locations (i) which are leased by Float AMI as lessee and designated in Part B of Exhibit “A” or (ii) at which Inventory is held in a public warehouse or is otherwise held by a bailee or on consignment as designated in Part C of Exhibit “A”, with respect to which Inventory Float AMI has used its best commercially reasonable efforts to obtain and deliver bailment agreements, warehouse receipts, financing statements or other documents satisfactory to the Agent to protect the Agent’s security interest in such Inventory.

Property Locations. The Inventory, Equipment and Fixtures which are at any time included by AirNet in the calculation of the Borrowing Base are located solely at the locations described in the Exhibit “A” originally attached to this Agreement or any updated replacement Exhibit “A” hereinafter provided to Agent as permitted below. To the extent Float Timexpress proposes that any such items of Collateral be located at any new locations (i.e., not shown on the Exhibit “A” originally attached hereto), Float Timexpress shall provide thirty (30) days’ prior notice thereof to Agent together with an updated Exhibit “A”. All of said locations are owned by Float Timexpress or AirNet except for locations (i) which are leased by Float Timexpress as lessee and designated in Part B of Exhibit “A” or (ii) at which Inventory is held in a public warehouse or is otherwise held by a bailee or on consignment as designated in Part C of Exhibit “A”, with respect to which Inventory Float Timexpress has used its best commercially reasonable efforts to obtain and deliver bailment agreements, warehouse receipts, financing statements or other documents satisfactory to the Agent to protect the Agent’s security interest in such Inventory.

Property Locations. The Inventory, Equipment and Fixtures which are at any time included by AirNet in the calculation of the Borrowing Base are located solely at the locations described in the Exhibit “A” originally attached to this Agreement or any updated replacement Exhibit “A” hereinafter provided to Agent as permitted below. To the extent Float Jetride proposes that any such items of Collateral be located at any new locations (i.e., not shown on the Exhibit “A” originally attached hereto), Float Jetride shall provide thirty (30) days’ prior notice thereof to Agent together with an updated Exhibit “A”. All of said locations are owned by Float Jetride or AirNet except for locations (i) which are leased by Float Jetride as lessee and designated in Part B of Exhibit “A” or (ii) at which Inventory is held in a public warehouse or is otherwise held by a bailee or on consignment as designated in Part C of Exhibit “A”, with respect to which Inventory Float Jetride has used its best commercially reasonable efforts to obtain and deliver bailment agreements, warehouse receipts, financing statements or other documents satisfactory to the Agent to protect the Agent’s security interest in such Inventory.

Property Locations. The Inventory, Equipment and Fixtures which are at any time included by AirNet in the calculation of the Borrowing Base are located solely at the locations described in the Exhibit “A” originally attached to this Agreement or any updated replacement Exhibit “A” hereinafter provided to Agent as permitted below. To the extent Float Fast Forward proposes that any such items of Collateral be located at any new locations (i.e., not shown on the Exhibit “A” originally attached hereto), Float Fast Forward shall provide thirty (30) days’ prior notice thereof to Agent together with an updated Exhibit “A”. All of said locations are owned by Float Fast Forward or AirNet except for locations (i) which are leased by Float Fast Forward as lessee and designated in Part B of Exhibit “A” or (ii) at which Inventory is held in a public warehouse or is otherwise held by a bailee or on consignment as designated in Part C of Exhibit “A”, with respect to which Inventory Float Fast Forward has used its best commercially reasonable efforts to obtain and deliver bailment agreements, warehouse receipts, financing statements or other documents satisfactory to the Agent to protect the Agent’s security interest in such Inventory.

Property Locations. The Inventory, Equipment and Fixtures which are at any time included by AirNet in the calculation of the Borrowing Base are located solely at the locations described in the Exhibit “A” originally attached to this Agreement or any updated replacement Exhibit “A” hereinafter provided to Agent as permitted below. To the extent Float AirNet proposes that any such items of Collateral be located at any new locations (i.e., not shown on the Exhibit “A” originally attached hereto), Float AirNet shall provide thirty (30) days’ prior notice thereof to Agent together with an updated Exhibit “A”. All of said locations are owned by Float or AirNet except for locations (i) which are leased by Float AirNet as lessee and designated in Part B of Exhibit “A” or (ii) at which Inventory is held in a public warehouse or is otherwise held by a bailee or on consignment as designated in Part C of Exhibit “A”, with respect to which Inventory Float AirNet has used its best commercially reasonable efforts to obtain and deliver bailment agreements, warehouse receipts, financing statements or other documents satisfactory to the Agent to protect the Agent’s security interest in such Inventory.