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y not provide any public liability or property damage indemnification and may not meet the requirements of any financial responsibility laws. 22. Application of Insurance Proceeds. Grantor shall promptly (not to exceed seven (7) days) notify Lender of any loss or damage to the Collateral in excess of $50,000, whether or not
a Breach of Warranty Endorsement up to 90% of the policy; (6) coverage must be maintained, in full force and effect, for the duration of the Note; (7) Bank of Hope (or its assignee) must be named as lienholder and Loss Payee; (8) the policy must not prohibit the loss payee from making insurance payments upon G
y not provide any public liability or property damage indemnification and may not meet the requirements of any financial responsibility laws. 22. Application of Insurance Proceeds. Grantor shall promptly (not to exceed seven (7) days) notify Lender of any loss or damage to the Collateral in excess of 550,000, whether or not s
a Breach of Warranty Endorsement up to 90% of the policy; (6) coverage must be maintained, in full force and effect, for the duration of the Note; (7) Bank of Hope (or its assignee) must be named as lienholder and Loss Payee; (8) the policy must not prohibit the loss payee from making insurance payments upon G
y not provide any public liability or property damage indemnification and may not meet the requirements of any financial responsibility laws. 22. Application of Insurance Proceeds. Grantor shall promptly (not to exceed seven (7) days) notify Lender of any loss or damage to the Collateral in excess of $50,000, whether or not s
a Breach of Warranty Endorsement up to 90% of the policy; (6) coverage must be maintained, in full force and effect, for the duration of the Note; (7) Bank of Hope (or its assignee) must be named as lienholder and Loss Payee; (8) the policy must not prohibit the loss payee from making insurance payments upon G
Entities connected to both Application of Insurance Proceeds and 7) Bank of Hope

United States
LOCATIONGRANT, TRANSFER
ORGANIZATION
Oklahoma
LOCATIONthe Convention on International Interests in Mobile Equipment on Matters
ORGANIZATIONUnited States Federal Aviation Administration
ORGANIZATIONArticle XIII
ORGANIZATIONIndebtedness
ORGANIZATION
Samantha Power
PERSONFederal Aviation Administration Flight Standards District Office
ORGANIZATIONGovernmental Requirements
ORGANIZATIONCollateral
ORGANIZATIONGeneva Convention
ORGANIZATION
Geneva
LOCATIONLocation of the Collateral
ORGANIZATIONGRANT OF SECURITY
ORGANIZATION
Oklahoma City
LOCATIONGuaranty of the Indebtedness
ORGANIZATIONGulfstream GV-SP
ORGANIZATIONthe Event of Default
ORGANIZATIONLog Books
ORGANIZATION