f Sale together with any other necessary Escrow Documents with the FAA Registry for recordation and request the FAA to deregister the Aircraft from the FAA Civil Aviation Registry and transmit the Deregistration Paperwork to the Bermuda CAA. and release the Warranty Bill of Sale to Purchaser. The Escrow Agent shall obtain a co

and substance reasonably satisfactory to Buyer and Escrow Agent ("Releases"), of any Liens (as such term is defined below) filed and/or recorded at the FAA Civil Aviation Registry, (items (i), (ii) and (iii) above, the "Title Documents"). Upon filing of the Title Documents and the Aircraft Registration Application (AC Form 80

tion, any Releases and any other documents necessary to effect the transfer of title to Buyer or its designated assignee to be dated and filed with the FAA Civil Aviation Registry for the 32 HAS Doc #58455759 v7 CONFIDENTIAL Subject to Protective Order IATS - 000535 SDNY_GM_02774640 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS

Upon receipt by Escrow Agent of each of the Title Documents, confirmation by Escrow Agent that the Aircraft is free and clear of Liens of record at the FAA Civil Aviation Registry and the International Registry, and confirmation by Escrow Agent of funds sufficient to effect the closing contemplated by the Agreement: (i) Escro