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h a 'Party". WHEREAS, Seller is the owner of the legal and beneficial title to the Aircraft (as defined below); and WHEREAS, Seller desires to sell the Aircraft to Buyer, and Buyer desires to purchase the Aircraft from Seller, pursuant to the terms and conditions set forth in this Agreement, Now, therefore, in consi
national Registry as a Transacting User Entity, authorized to make filings and has appointed an "administrator" (as such term is defined and used in the International Registry Procedures and International Registry Regulations); (v) The Escrow Agent shall be authorized to act and designated by the Parties as a professional user ent
ch a Party". WHEREAS, Seller is the owner of the legal and beneficial title to the Aircraft (as defined below); and WHEREAS, Seller desires to sell the Aircraft to Buyer, and Buyer desires to purchase the Aircraft from Seller, pursuant to the terms and conditions set forth in this Agreement, Now, therefore, in consi
national Registry as a Transacting User Entity, authorized to make filings and has appointed an "administrator" (as such term is defined and used in the International Registry Procedures and International Registry Regulations); (v) The Escrow Agent shall be authorized to act and designated by the Parties as a professional user ent
complied with by Seller, on or prior to the time of the Closing, 5.3 Conditions to Seller's Obligation to Sell. The obligation of Seller to sell the Aircraft to Buyer is subject to the satisfaction by Buyer or, if applicable, the waiver by Seller of each of the following conditions on or prior to the Closing Date:
ings with and has received all approvals from 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
Entities connected to both the Aircraft to Buyer and the International Registry Procedures

Cape Town
LOCATIONConvention
ORGANIZATIONthe State of New York
LOCATION
Oklahoma
LOCATION
Glenn Dubin
PERSONHERETO
ORGANIZATIONthe International Registry
ORGANIZATIONCape Town Convention
LOCATIONU.S. Department
ORGANIZATION
Oklahoma City
LOCATION
George W. Bush
PERSONthe Deposit to Buyer
ORGANIZATIONInsured Aircraft Title Service
ORGANIZATIONthe Closing, Buyer
ORGANIZATIONAny Priority Search Certificate
ORGANIZATIONInternational Registry Regulations
ORGANIZATIONthe Inspection Facility's
ORGANIZATIONDescription of Aircraft
ORGANIZATIONClosing Dato
PERSONIndemnifying
PERSON