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lely for business purposes. Grantor shall not, without prior written consent of Lender, use the Collateral, or permit the Collateral to be used, in Commercial Operations, except Grantor may operate the Collateral on a FAR Pan 135 basis, provided the use is covered by Grantor's insurance policy for the Collateral. 3
ted May II, 2021, is made and executed by N550GP, LLC, a California limited liability company ("Grantor'', in favor of Bank of Hope ("Lender). 2. GRANT OF SECURITY INTEREST. For valuable consideration, Grantor grants to Lender a continuing security interest in the Collateral to secure the Indebtedness and agre
lely for business purposes. Grantor shall not, without prior written consent of Lender, use the Collateral, or permit the Collateral to be used, in Commercial Operations, except Grantor may operate the Collateral on a FAR Part 135 basis, provided the use is covered by Grantor's insurance policy for the Collateral.
ed May 11, 2021, is made and executed by N550GP, LLC, a California limited liability company ("Grantor"), in favor of Bank of Hope ("Lender"). 2. GRANT OF SECURITY INTEREST. For valuable consideration, Grantor grants to Lender a continuing security interest in the Collateral to secure the Indebtedness and agre
lely for business purposes. Grantor shall not, without prior written consent of Lender, use the Collateral, or permit the Collateral to be used, in Commercial Operations, except Grantor may operate the Collateral on a FAR Pan 135 basis, provided the use is covered by Grantor's insurance policy for the Collateral. 3
ed May II, 2021, is made and executed by N550GP, LLC, a California limited liability company ("Grantor"), in favor of Bank of Hope ("Lender"). 2. GRANT OF SECURITY INTEREST. For valuable consideration, Grantor grants to Lender a continuing security interest in the Collateral to secure the Indebtedness and agre
Entities connected to both Commercial Operations and GRANT OF SECURITY

United States
LOCATIONFederal Aviation Administration Flight Standards District Office
ORGANIZATION
Oklahoma
LOCATIONCollateral
ORGANIZATION
Cape Town
LOCATIONArticle XIII
ORGANIZATION
Samantha Power
PERSONGRANT, TRANSFER
ORGANIZATIONthe Civil Aviation Registry
ORGANIZATIONthe Convention on International Interests in Mobile Equipment on Matters
ORGANIZATION
Oklahoma City
LOCATIONIDERA
ORGANIZATIONU.S. Department
ORGANIZATION
Lawrence Krauss
PERSON
Ontario
LOCATIONIndebtedness
ORGANIZATIONGeneva Convention
ORGANIZATIONApplication of Insurance Proceeds
ORGANIZATIONGovernmental Requirements
ORGANIZATION
Ghislaine Maxwell
PERSON