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, 14. czossming Law- Disoute Resolution. This Agreement shall be construed in accordance with and its performance shall be governed by the laws of the State of New York, excluding the principles of conflicts of laws thereof that would cause the laws of another jurisdiction to apply. Any and all disputes arising fro
sing, Buyer and Seller shall each become a "transacting user entity" (as such term is defined and used in the International Registry Procedures and International Registry Regulations) with the International Registry. Each of Buyer and Seller shall bear its own expense in doing so. (b) Cape Town Administrator. Each Party shall p
, 14. czossming Law- Disoute Resolution. This Agreement shall be construed in accordance with and its performance shall be governed by the laws of the State of New York, excluding the principles of conflicts of laws thereof that would cause the laws of another jurisdiction to apply. Any and all disputes arising fro
sing, Buyer and Seller shall each become a "transacting user entity" (as such term is defined and used in the International Registry Procedures and International Registry Regulations) with the International Registry. Each of Buyer and Seller shall bear its own expense in doing so. (b) Cape Town Administrator. Each Party shall p
or statement not herein set forth. 12.5 Governing Law and Venue. This Agreement shall be governed by and construed in accordance with the laws of the State of New York, determined without regard to conflicts of law principles other than Sections 5.1401 and 5-1402 of the New York General Obligations Law. If any pro
rom the International Registry, and has appointed an "administrator" (as such term is defined and used in the International Registry Procedures and International Registry Regulations). I I .3 Professional User Entity. Each party shall, as a condition to Closing, authorize Escrow Agent to act as, and shall designate Escrow Agent
Entities connected to both the State of New York and International Registry Regulations

George W. Bush
PERSONLeon Black
PERSON
Glenn Dubin
PERSON
Michael Cohen
PERSONConvention
ORGANIZATION
Cape Town
LOCATIONHERETO
ORGANIZATIONthe International Registry Procedures
ORGANIZATIONCape Town Convention
LOCATIONInsured Aircraft Title Service
ORGANIZATIONU.S. Department
ORGANIZATIONElysium Management LLC
ORGANIZATION
Houston
LOCATION
FedEx
ORGANIZATIONthe Aircraft to Buyer
ORGANIZATIONthe Deposit to Buyer
ORGANIZATION
Sudan
LOCATIONDepartment of Commerce
ORGANIZATIONthe Inspection Facility's
ORGANIZATIONthe Closing, Buyer
ORGANIZATION