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AIRCRAFT SECURITY AGREEMENT dated September 10, 2019, Is mods end executed between PUMPJACK AVIATION LLC ("Grantor") and Flatirons Bank ("Lender'). GRANT OF SECURITY INTEREST. For valuable consideration. Grantor grants to Lender a continuing security interest In the Collateral to secure the Indebtedness and agree
t to any Guarantor of any of the indebtedness or Guarantor dies or becomes incompetent or revokes or disputes the validity of. or hasilly under, any Guaranty of the Indebtedness. Adverse Change. A matenal adverse change occurs in Grantors finaneull condition, or Lender CM eves the prospect of payment or performance of the In
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
ny Guarantor, endorser, surety, or accommodation party dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness. 30.8 Change in Ownership or Management. If the Grantor is an entity (including without limitation, a partnership, a limited partnership, a limite
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
ny Guarantor, endorser, surety, or accommodation party dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness. 34.8 Change in Ownership or Management. If the Grantor is an entity (including without limitation, a partnership, a limited partnership, a limite
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
ny Guarantor, endorser, surety, or accommodation party dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness. 34.8 Change in Ownership or Management. If the Grantor is an entity (including without limitation, a partnership, a limited partnership, a limite
Entities connected to both GRANT OF SECURITY and Guaranty of the Indebtedness
Collateral
ORGANIZATION
United States
LOCATION
Oklahoma
LOCATIONFederal Aviation Administration Flight Standards District Office
ORGANIZATIONGRANT, TRANSFER
ORGANIZATIONArticle XIII
ORGANIZATION
Samantha Power
PERSON
Cape Town
LOCATIONIDERA
ORGANIZATION
Oklahoma City
LOCATIONthe Convention on International Interests in Mobile Equipment on Matters
ORGANIZATIONGeneva Convention
ORGANIZATIONLocation of the Collateral
ORGANIZATIONU.S. Department
ORGANIZATION
Geneva
LOCATIONUnited States Federal Aviation Administration
ORGANIZATIONIndebtedness
ORGANIZATIONGovernmental Requirements
ORGANIZATIONthe Civil Aviation Registry
ORGANIZATIONApplication of Insurance Proceeds
ORGANIZATION