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Airplane Purchase Agreement
I need an Airplane Purchase Agreement under Danish law for buying a used Boeing 737-800 aircraft, with delivery scheduled for March 2025 in Copenhagen, including standard warranties and maintenance record transfer provisions.
1. Parties: Identification of buyer and seller with full legal names, registration numbers, and addresses
2. Background: Context of the transaction and brief description of the aircraft being purchased
3. Definitions: Definitions of key terms used throughout the agreement, including technical aviation terminology
4. Sale and Purchase: Core transaction terms including aircraft description, purchase price, and payment terms
5. Conditions Precedent: Prerequisites for closing, including regulatory approvals and technical inspections
6. Pre-Delivery Inspection: Rights and procedures for aircraft inspection before delivery
7. Delivery and Acceptance: Process, location, and requirements for aircraft delivery and acceptance
8. Purchase Price and Payment: Detailed payment terms, including deposit, payment schedule, and method
9. Seller's Representations and Warranties: Warranties regarding aircraft condition, title, and compliance with regulations
10. Buyer's Representations and Warranties: Warranties regarding authority to purchase and regulatory compliance
11. Title and Risk: Transfer of title and risk provisions
12. Registration and Regulatory Compliance: Requirements for aircraft registration and regulatory compliance
13. Indemnification: Mutual indemnification provisions for various risks
14. Insurance: Required insurance coverage during delivery and transfer
15. Default and Termination: Events of default and termination rights
16. Governing Law and Jurisdiction: Choice of Danish law and jurisdiction provisions
17. General Provisions: Standard boilerplate clauses including notices, amendments, and severability
1. Financing Provisions: Required when purchase involves external financing or special payment arrangements
2. Lease-Back Arrangements: Used when seller will lease back the aircraft after sale
3. Training and Support: Included when seller provides pilot or maintenance training
4. Maintenance Program Transfer: Required when existing maintenance programs are being transferred
5. Export/Import Provisions: Necessary for international transactions
6. Escrow Arrangements: Used when payment and delivery are managed through escrow
7. Transition Services: Required when seller provides post-sale operational support
8. Security Interests: Needed when there are existing liens or security interests to be addressed
1. Aircraft Specifications: Detailed technical specifications of the aircraft
2. Equipment List: Inventory of included equipment and components
3. Maintenance Records: List of maintenance records to be transferred
4. Airworthiness Directives Status: Status of compliance with airworthiness directives
5. Delivery Condition Requirements: Specific conditions the aircraft must meet at delivery
6. Pre-Delivery Inspection Protocol: Detailed procedures for pre-delivery inspection
7. Required Documentation: List of certificates, manuals, and documents to be transferred
8. Insurance Requirements: Detailed insurance specifications
9. Form of Delivery Receipt: Template for the delivery and acceptance certificate
10. Payment Schedule: Detailed schedule of payments and milestone dates
Authors
Aviation
Transportation
Financial Services
Insurance
Manufacturing
Aerospace
Defense
Charter Services
Cargo Transportation
Private Aviation
Legal
Finance
Operations
Technical Operations
Procurement
Compliance
Risk Management
Fleet Management
Aviation Safety
Maintenance
Commercial
Chief Executive Officer
Chief Financial Officer
Fleet Manager
Aviation Director
Legal Counsel
Procurement Manager
Technical Operations Director
Compliance Officer
Risk Manager
Operations Manager
Aviation Safety Manager
Maintenance Director
Contract Administrator
Finance Director
Commercial Director
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