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e deposit (against payment of the Purchase Price) in the amount of Five Hundred Thousand US Dollars ($41909001USD) (the "Deposit") to the account of AIC Title Service, LLC, Oklahoma City, Oklahoma (the "Escrow Agent"), in accordance with the wire transfer instructions provided by the Escrow Agent. The Escrow fees
ransaction contemplated by this Offer shall be split equally between Seller and Buyer. The Deposit shall become non-refundable upon Buyer's written Technical Acceptance (defined below) of the Aircraft and the execution and delivery by each of Seller and Buyer of the mutually acceptable Purchase Agreement, and the D
he Aircraft will be immediately available for sale or lease to third parties. 5. Acceptance/Rejection: Buyer may, for any reason, at any time before Technical Acceptance of the Aircraft, reject the Aircraft and receive a full refund of the Deposit by providing Seller with written notice of such rejection, specifying
ller as follows: (a) Purchaser shall wire transfer a deposit in the amount of One Hundred Thousand U.S. Dollars (US S100,000.00) (the "Deposit") to AIC Title Service, LLC, Oklahoma City, Oklahoma, as escrow agent (the "Escrow Agent"), which Deposit shall be held in escrow and disbursed at the Closing (as hereina
date shall be deemed the "Closing Date". The Closing shall take place three (3) business days after: (i) Purchaser's delivery of the Certificate of Technical Acceptance indicating Purchaser's Unconditional Acceptance of the Aircraft in accordance with Sections 3(f) and (h) hereof; and (iv) confirmation from the Escr
ller as follows: (a) Purchaser shall wire transfer a deposit in the amount of One Hundred Thousand U.S. Dollars (US $100,000.00) (the "Deposit") to AIC Title Service. LLC, Oklahoma City, Oklahoma, as escrow agent (the "Escrow Agent"), which Deposit shall be held in escrow and disbursed at the Closing (as hereina
date shall be deemed the "Closing Date". The Closing shall take place three (3) business days after: (i) Purchaser's delivery of the Certificate of Technical Acceptance indicating Purchaser's Unconditional Acceptance of the Aircraft in accordance with Sections 3(f) and (h) hereof; and (iv) confirmation from the Escr
1644796 Date: 13 Jun 2019 Fractional or. Partial Interest 100,000000% Seller: ASI Wings, LLC Buyer: Hyperion Air, iiC Time (GMT): 16.03:04 FOR: AIC Title Service, LLC Order#: 152973 Certified By: Bryan Vaughan on 04/21/2021 111 preparing this order. we are 6) subject to the availability and accuracy of the F
date shall be deemed the "Closing Date". The Closing shall take place three (3) business days after: (i) Purchaser's delivery of the Certificate of Technical Acceptance indicating Purchaser's Unconditional Acceptance of the Aircraft in accordance with Sections 3(0 and (h) hereof; and (iv) confirmation from the Escro
ller as follows: (a) Purchaser shall wire transfer a deposit in the amount of One Hundred Thousand U.S. Dollars (US $100,000.00) (the "Deposit") to AIC Title Service, LLC, Oklahoma City, Oklahoma, as escrow agent (the "Escrow Agent"), which Deposit shall be held in escrow and disbursed at the Closing (as hereina
date shall be deemed the "Closing Date". The Closing shall take place three (3) business days after: (i) Purchaser's delivery of the Certificate of Technical Acceptance indicating Purchaser's Unconditional Acceptance of the Aircraft in accordance with Sections 3(f) and (h) hereof; and (iv) confirmation from the Escr
1644796 Date: 13 Jun 2019 Fractional or Partial Interest: 100.00000D% Seller: ASI Wings, LLC Buyer Hyperion Air, LLC Time (GMT): 16:03:04 FOR: AIC Title Service, LLC Order#: 152973 Certified By: Bryan Vaughan on 04/21/2021 In preparing this order. we are (i) subject to the availability and accuracy of the F
date shall be deemed the "Closing Date". The Closing shall take place three (3) business days after: (i) Purchaser's delivery of the Certificate of Technical Acceptance indicating Purchaser's Unconditional Acceptance of the Aircraft in accordance with Sections 3(f) and (h) hereof; and (iv) confirmation from the Escr
URCHASER: INDUSTRIAL INTEG SOLUTIONS, LLC By:_e -er Name: Rich Munkvold Title: ore2 11 EFTA00022855 CONSENT AND JOINDER: The undersigned, AIC Title Service, ("Escrow Aunt') does hereby consent to and join in the foregoing Agreement hereby agreeing to act as Escrow Agent in accordance with the provision
date shall be deemed the "Closing Date". The Closing shall take place three (3) business days after: (i) Purchaser's delivery of the Certificate of Technical Acceptance indicating Purchaser's Unconditional Acceptance of the Aircraft in accordance with Sections 3(f) and (h) hereof; and (iv) confirmation from the Escr
e Price"), which shall be paid as follows: (a) Purchaser has placed a deposit of One Million U.S. Dollars (US $1,000,000.00) (the "Deposit") with AIC Title Service, LLC, 6350 W. Reno, Oklahoma City, Oklahoma 73127, as escrow agent ("Escrow Agent"), which Deposit shall be held in escrow and disbursed in accorda
s causing to be corrected at Seller's sole cost and expense at the Inspection Facility all of the Discrepancies noted in Purchaser's Certificate of Technical Acceptance. 4. International Registry. At least one (1) day prior to the Closing, Seller and Purchaser each, at its own cost and expense, shall have obtained
Entities connected to both AIC Title Service and Technical Acceptance
Melissa Koboldt
PERSONDarren Indyke
PERSON
Marc Rich
PERSON
Oklahoma City
LOCATION
George W. Bush
PERSONLarry Visoski
PERSONW. Reno
PERSONRich Munkvold
PERSONHyperion Air
ORGANIZATIONTia Goodman
PERSONHyperion Air, Inc.
ORGANIZATION
Oklahoma
LOCATION
Sikorsky
ORGANIZATION
Honeywell
ORGANIZATIONthe United States Federal Aviation Administration
ORGANIZATION
Keystone
ORGANIZATION
U.S. Virgin Islands
LOCATION
Lawrence Krauss
PERSONthe International Registry
ORGANIZATIONthe Pre-Purchase Inspection
ORGANIZATION