Common use of Propulsion Systems Clause in Contracts

Propulsion Systems. AIRBUS Model A3[—]-[—] [Insert name of propulsion system manufacturer] Model [—] MANUFACTURER’S SERIAL NUMBER: [—] ENGINE SERIAL NUMBERS: LH: [—] RH: [—] REGISTRATION ▇▇▇▇: [—] [and had such title to the BFE as was acquired by it from [insert name of vendor of the BFE] pursuant to a ▇▇▇▇ of sale dated [month] [year] (the “BFE ▇▇▇▇ of Sale”).] The Airframe, Propulsion Systems and Parts are hereafter together referred to as the “Aircraft”. The Seller did this day of [month] [year], sell, transfer and deliver all of its above described rights, title and interest in and to the Aircraft [and the BFE] to the following entity and to its successors and assigns forever, said Aircraft [and the BFE] to be the property thereof: (the “Buyer”) The Seller hereby warrants to the Buyer, its successors and assigns that it had [(i)] good and lawful right to sell, deliver and transfer title to the Aircraft to the Buyer and that there was conveyed to the Buyer good, legal and valid title to the Aircraft, free and clear of all liens, claims, charges, encumbrances and rights of others and that the Seller will warrant and defend such title forever against all claims and demands whatsoever [and (ii) such title to the BFE as Seller has acquired from [insert name of vendor of the BFE] pursuant to the BFE ▇▇▇▇ of Sale]. This ▇▇▇▇ of Sale shall be governed by and construed in accordance with the laws of the State of New York.

Propulsion Systems. AIRBUS Model A3[—]-[—] [Insert name of propulsion system manufacturer] Model [—] MANUFACTURER’S SERIAL NUMBER: [—] ENGINE SERIAL NUMBERS: LH: [—] RH: [—] REGISTRATION ▇▇▇▇: [—] [and had [had] such title to the BFE as was acquired by it from [insert name of vendor of the BFE] pursuant to a ▇▇▇▇ of sale dated [month] [year] (the “BFE ▇▇▇▇ of Sale”).] ]. The Airframe, [Propulsion Systems System] and Parts are hereafter together referred to as the “Aircraft”. The Seller did this day of [month] [year], sell, transfer and deliver all of its above described rights, title and interest in and to the Aircraft [and the BFE] to the following entity and to its successors and assigns forever, said Aircraft [and the BFE] to be the property thereof: (the “Buyer”) The Seller hereby warrants to the Buyer, its successors and assigns that it had [(i)] good and lawful right to sell, deliver and transfer title to the Aircraft to the Buyer and that there was conveyed to the Buyer good, legal and valid title to the Aircraft, free and clear of all liens, claims, charges, encumbrances and rights of others and that the Seller will warrant and defend such title forever against all claims and demands whatsoever [and (ii) such title to the BFE as Seller has acquired from [insert name of vendor of the BFE] pursuant to the BFE ▇▇▇▇ of Sale]. This ▇▇▇▇ of Sale shall be governed by and construed in accordance with the laws of [same governing law as the State of New YorkPurchase Agreement].