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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
reimburse Lender for all expenses for the perfection and the continuation of the perfection of Lender's security interest in the Collateral. 13. Convention Requirements. Prior to funding by Lender, (a) Grantor shall establish a valid and existing account with the International Registry, appoint an Administrator and
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
reimburse Lender for all expenses for the perfection and the continuation of the perfection of Lender's security interest in the Collateral. 13. Convention Requirements. Prior to funding by Lender, (a) Grantor shall establish a valid and existing account with the International Registry, appoint an Administrator and
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
reimburse Lender for all expenses for the perfection and the continuation of the perfection of Lender's security interest in the Collateral. 13. Convention Requirements. Prior to funding by Lender, (a) Grantor shall establish a valid and existing account with the International Registry, appoint an Administrator and
Entities connected to both Application of Insurance Proceeds and Convention Requirements

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