FAA Bill of Sale definition
Examples of FAA Bill of Sale in a sentence
Collectively, the FAA Bill of Sale and the Warranty Bill of Sale.
Except for Discrepancies discovered during the Post-Closing Inspection, title to, and risk of loss, injury, destruction or damage to the Aircraft, shall pass from Seller to Purchaser at the time that, (i) the Purchase Price is released to Seller, and (ii) the FAA Bill of Sale and Warranty Bill of Sale are released to Purchaser, and (iii) Seller delivers possession of the Aircraft to Purchaser.
The Note(s) will be delivered to the Lenders, as applicable, and legal opinions will be delivered to all parties immediately following the filing of the FAA Bill of Sale and the Mortgage and Mortgage Supplement at the FAA.
Collectively, the FAA Bill of Sale and the Warranty Bill xx Xale.
On the Delivery Date (i) application for registration of the Aircraft in the name of the Owner Trustee shall have been duly made with the FAA in compliance with the provisions of the Transportation Code; and (ii) the Trust Agreement, the Lease, Lease Supplement No. 1 and the FAA Bill of Sale shall have been duly filed for recordation (or shall be xx the process of being so duly filed for recordation) with the FAA in accordance with the Transportation Code.