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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
ateral or promptly after the execution and delivery of this Agreement; (2) take all actions necessary to initiate or consent to the registration of an International Interest in the Aircraft (or at Lender's option, a Prospective International Interest) with the International Registry; (3) take all actions necessary to in
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
ateral or promptly after the execution and delivery of this Agreement; (2) take all actions necessary to initiate or consent to the registration of an International Interest in the Aircraft (or at Lender's option, a Prospective International Interest) with the International Registry; (3) take all actions necessary to in
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
ateral or promptly after the execution and delivery of this Agreement; (2) take all actions necessary to initiate or consent to the registration of an International Interest in the Aircraft (or at Lender's option, a Prospective International Interest) with the International Registry; (3) take all actions necessary to in
Entities connected to both Application of Insurance Proceeds and an International Interest

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