The fuel costs and the expenses of Seller's flight crew in flying the Aircraft from the Inspection Facility to the Closing Place, if different from the Inspection Facility, shall be borne by Purchaser. (b) Prior to the Closing, the following deliveries shall be made to the Escrow Agent by the responsible party indic

he test flight will be at Purchaser's expense. (b) Upon completion of the Pre-Purchase Inspection, and the issuance of a written report thereof by the Inspection Facility to both Purchaser and Seller (the "Inspection Report"), Purchaser shall, in its sole discretion, accept or reject the Aircraft not later than three

Inspection in advance. 8. Aircraft Acceptance/Rejection: Within three (3) business days following the issuance of the written Inspection Report by the Inspection Facility, Buyer will provide Seller with written notification that Buyer either (i) unconditionally accepts the Aircraft; (ii) conditionally accepts the 2

or the second flight test. 4. By limiting the definition of Airworthiness Discrepancies to only discrepancies which "must be repaired in order for the Inspection Facility to return the Aircraft to service", there is an ambiguity in the Proposal relating to whether Seller would be required to pay for items which would

Discrepancies. In the event that Purchaser accepts the Aircraft subject to Seller's correction of all Inspection Discrepancies, Seller shall cause the Inspection Facility. at Seller's cost and expense, to promptly correct all such Inspection Discrepancies. In the event that Purchaser rejects the Aircraft as permitted

yer has requisite funding in place. 6. Refer para 7 --- The aircraft may be rejected only if :- (I) Damage history or Material Corrosion is found by the Inspection Facility and/or, (II) Discrepancies beyond repair, as determined by the Inspection Facility, which make the Aircraft unable to be delivered in the Delivery C

hall be at Seller's expense boc in the event-that--the-transaction does not olose will-be--holne-by-Puroha3cr. Seller shall deliver the Aircraft to the Inspection Facility for the Inspection and test flight on or about February 7, 2013 but not later than February 11, 2013. Purchaser shall not allow any 'lents) to be pl

commence as soon as possible following the execution of the Agreement and Seller, at Seller's sole cost and expense, shall deliver the aircraft to the Inspection Facility and be responsible for any maintenance items due and the correction of any airworthiness discrepancies discovered during the Inspection. Purchaser,

Discrepancies. In the event that Purchaser accepts the Aircraft subject to Seller's correction of all Inspection Discrepancies, Seller shall cause the Inspection Facility, at Seller's cost and expense, to promptly correct all such Inspection Discrepancies. In the event that Purchaser rejects the Aircraft as permitted

ndard Airworthiness Certificate with no exceptions or limitations. To the extent any Airworthiness Discrepancies are found during the Inspection by the Inspection Facility, Seller shall be responsible to pay directly to the Inspection Facility, invoices of the Inspection Facility for EFTA00586604 the correction of s

ndard Airworthiness Certificate with no exceptions or limitations. To the extent any Airworthiness Discrepancies are found during the Inspection by the Inspection Facility, Seller shall be responsible to pay directly to the Inspection Facility, invoices of the Inspection Facility for EFTA00587082 the correction of s

hich make the Aircraft unable to be delivered in the Delivery Condition an=/or, 2 EFTA_R1_02128156 EFTA02712029 Discrepancies are identified by the Inspection Facility and the SeIl=r is unable to correct the same in accordance with the terms of this Agreement.<=> This is similar to the LOI with Corsons Trade Ltd.