FAA Counsel Opinion. The Purchaser shall have received an opinion addressed to it from McAfee & Txxx, special FAA counsel, with respect to (x) such Assignment and Assumption Agreement being in due form for recordation with the FAA, and (y) the absence of any Liens of record with respect to the Aircraft except the Liens created pursuant to or permitted by the Transaction Documents.
Appears in 2 contracts
Samples: Purchase Agreement (PLM Equipment Growth & Income Fund Vii), Purchase Agreement (PLM Equipment Growth Fund Vi)
FAA Counsel Opinion. The Purchaser Seller shall have received an opinion addressed to it from McAfee & Txxx, special FAA counsel, with respect to (x) such Assignment and Assumption Agreement being in due form for recordation with the FAA, and (y) the absence of any Liens of record with respect to the Aircraft except the Liens created pursuant to or permitted by the Transaction Documents.
Appears in 2 contracts
Samples: Purchase Agreement (PLM Equipment Growth Fund Vi), Purchase Agreement (PLM Equipment Growth & Income Fund Vii)
