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Aircraft Lease Agreement

 

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Title:

Aircraft Lease Agreement

Entities:

Copart, Inc.; Fleet Capital Corporation; Copart Inc.

Date:

2002

Size:

Preview shows 69KB of 198KB total

Price:

$29

ID:

#117480

 

 

► Leasing ► Aircraft Lease Agreements
► Retail ► Specialty

 

 

Start of Preview


 

 

 

 

 

 

 

AIRCRAFT LEASE

(Serial Number 560-5086)

 

DATED AS OF APRIL 11, 2002

 

between

 

FLEET CAPITAL CORPORATION

as Lessor

 

and

 

COPART, INC.

as Lessee

 

 

 

 

 

 

 

 

This is Counterpart No. 2 of a total of 3 counterparts.  Only Counterpart No. 1 shall be considered chattel paper for purposes of the Uniform Commercial Code and a security interest may be perfected only by possession of Counterpart No. 1.

 

 



 

TABLE OF CONTENTS

 

 

 

 

 

 

 

PAGE

 

 

 

 

 

 

 

SECTION

1

Lease and Acceptance of Aircraft

 

 

3

SECTION

2

Conditions to Closing

 

 

3

SECTION

3

Term and Rent

 

 

4

SECTION

4

Title; Quiet Possession and Use

 

 

5

SECTION

5

Disclaimer and Assignment of Warranties

 

 

5

SECTION

6

Representations, Warranties and Agreements of Lessee

 

 

6

SECTION

7

Net Lease

 

 

10

SECTION

8

Taxes

 

 

11

SECTION

9

Compliance and Use

 

 

11

SECTION

10

Loss or Damage

 

 

12

SECTION

11

Indemnification

 

 

13

SECTION

12

Assignment and Sublease

 

 

14

SECTION

13

Events of Default

 

 

16

SECTION

14

Remedies

 

 

18

SECTION

15

Notices

 

 

20

SECTION

16

Transaction Expenses

 

 

20

SECTION

17

Miscellaneous

 

 

21

SECTION

18

Amendments

 

 

23

SECTION

19

Truth in Leasing

 

 

23

 

 

EXHIBIT A - Definitions

 

 

 

 

 

Lease Supplement No. 1

 

 

 

 

 

 

Schedule No. 1 to Lease Supplement No. 1

 

 

 

 

 

Schedule No. 2 to Lease Supplement No. 1

 

 

 

 

 

Schedule No. 2-A to Lease Supplement No. 1 *

 

 

 

 

 

Schedule No. 3 to Lease Supplement No. 1 *

 

 

 

 

 

Schedule No. 4 to Lease Supplement No. 1 *

 

 

 

 

 

Schedule No. 5 to Lease Supplement No. 1 *

 

 

 

 

Lease Supplement No. 2

 

 

 

 

 

EXHIBIT B - Warranty Bill of Sale

 

 

 

 

 

EXHIBIT C - Special Tax Indemnity Rider *

 

 

 

 

 

Insurance Addendum

 

 

 

 

 

Purchase, Early Purchase and Renewal Option Addendum

 

 

 

 

 

Maintenance and Return Addendum

 

 

 

 

 

Security Deposit Amendment

 

 

 

 

 

 

 

 

 

 

 

*              to be deleted from FAA filing copy and copy of lease to be placed on board the Aircraft

 

 

 

2



 

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