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Rance Acquisitions, LLC ("Rance") was originally owned by a 1031 exchange counterparty. Ownership of the aircraft would have been transferred from Rance to the owner trustee on behalf of Avioneta Holdings LLC ("Avioneta"), but doing so would have grounded the aircraft during a time when the members
LDB"), granting LDB a non- exclusive lease of the aircraft for Part 91 operations. • Amended and Restated Aircraft Management Agreement among JAFS, Rance and LDB, substituting LDB for Avioneta Holdings as operator for Part 91 operations. • Non-Exclusive Aircraft Dry Lease Agreement between Rance and
nded the aircraft during a time when the members were using the aircraft. o Instead, there was a series of transfers of the membership interests of Rance that resulted in the current ownership structure. • The Aircraft Management Agreement with Jet Aviation Flight Services ("JAFS') executed in Augus
Dry Lease Agreement between Rance and JAFS, establishing JAFS as the "Air Carrier" for Part 135 operations. • Consent to each of the foregoing by Banc of America Leasing & Capital, LLC as lender. EFTA_R1_00019335 EFTA01735483
Rance Acquisitions, LLC ("Rance ' was originally owned by a 1031 exchange counterparty. Ownership of the aircraft would have been transferred from Rance to the owner trustee on behalf of Avioneta Holdings LLC ("Avioneta"), but doing so would have grounded the aircraft during a time when the members
LDB"), granting LDB a non- exclusive lease of the aircraft for Part 91 operations. • Amended and Restated Aircraft Management Agreement among JAFS, Rance and LDB, substituting LDB for Avioneta Holdings as operator for Part 91 operations. • Non-Exclusive Aircraft Dry Lease Agreement between Rance and
nded the aircraft during a time when the members were using the aircraft. o Instead, there was a series of transfers of the membership interests of Rance that resulted in the current ownership structure. • The Aircraft Management Agreement with Jet Aviation Flight Services ("JAFS') executed in Augus
t Dry Lease Agreement between Rance and JAFS, establishing JAFS as the "Air Carrier" for Pan 135 operations. • Consent to each of the foregoing by Banc of America Leasing & Capital, LLC as lender. EFTA00583930
Rance Acquisitions, LLC ("Rance ' was originally owned by a 1031 exchange counterparty. Ownership of the aircraft would have been transferred from Rance to the owner trustee on behalf of Avioneta Holdings LLC ("Avioneta"), but doing so would have grounded the aircraft during a time when the members
LDB"), granting LDB a non- exclusive lease of the aircraft for Part 91 operations. • Amended and Restated Aircraft Management Agreement among JAFS, Rance and LDB, substituting LDB for Avioneta Holdings as operator for Part 91 operations. • Non-Exclusive Aircraft Dry Lease Agreement between Rance and
nded the aircraft during a time when the members were using the aircraft. o Instead, there was a series of transfers of the membership interests of Rance that resulted in the current ownership structure. • The Aircraft Management Agreement with Jet Aviation Flight Services ("JAFS') executed in Augus
t Dry Lease Agreement between Rance and JAFS, establishing JAFS as the "Air Carrier" for Pan 135 operations. • Consent to each of the foregoing by Banc of America Leasing & Capital, LLC as lender. EFTA00584091
Entities connected to both France and Banc of America Leasing & Capital
Leon Black
PERSONJet Aviation Flight Services
ORGANIZATIONRance Acquisitions
ORGANIZATIONRestated Aircraft Management Agreement
ORGANIZATIONAvioneta Holdings LLC
ORGANIZATIONNon-Exclusive Aircraft Dry Lease
ORGANIZATIONJohn J. Hannan
PERSONPan 135
ORGANIZATIONDebra Black
PERSONRance '
ORGANIZATION