9. October 2021 Standard Format For Aircraft Purchase Agreement The total purchase price of the aircraft is ___ NOW, taking into account the reciprocal agreements and understandings contained therein and for other good and valuable considerations, the parties hereby agree: (b) the execution, delivery and execution of this agreement by the Seller have been duly authorized by all necessary measures on behalf of the Seller and do not conflict with a breach of any of the Conditions or constitute a delay according to a document, instrument or agreement in which the seller participates. Buyers and Sellers agree that the terms of this Agreement, including all facilities, constitute the entire agreement between the parties. certain _______________________________________________________________________________________N_______________________ aircraft documents related to the foregoing, as defined in this particular aircraft purchase agreement (the “Contract”) between the Seller and the Purchasing Company. (“Buyer” set) dated ____ day of _____], all hereinafter referred to as “aircraft”. CONSIDERING that the seller wishes to sell the aircraft to the buyer (as defined in point 1.1 a) and that the buyer wishes to purchase the aircraft from the seller under the conditions contained therein; and Re: __________________________________________________________________________________________________________N_____________________________ (f) that the aircraft is delivered with all aircraft documents printed or published in English, original and complete, continuous and up-to-date and maintained in accordance with industry standards and federal aviation regulations. 1.2 (a) With respect to Buyer, this Agreement and Buyer`s Agreement are a certain _____ Seller wishes to exchange all rights, title and interest of Seller in and to the Aircraft for other aircraft of the same nature and Qualifying Use, in accordance with Section 1031 of the Internal Income Code. To this end, the seller expressly reserves the right to obtain its rights, but not its obligations according to IRC Reg. Assign to Exeter 1031 Exchange Services, LLC, a qualified intermediary. . . . NomikAdmin 9. October 2021 Previous Post Next Post