nd knowledgeable parties, acting prudently, with an absence of duress and with a reasonable period of time available for marketing. In most cases, the Base Value of an aircraft assumes its physical condition is average for an aircraft of its type and age, and its maintenance time status is at mid-life, mid-ti

sion as the Base Value of the Residual Units). However, it is typical to apply valuation discounts for lack of control and lack of marketability to the Base Value of the Residual Units to determine the units' Fair Market Value, a practice which is consistent with the provisions of Section 2701. In certain ci