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Re: Baltia Bull post# 97324

Thursday, 02/22/2018 9:26:11 PM

Thursday, February 22, 2018 9:26:11 PM

Post# of 105600
The 3rd parties hinted at(the whale, aka 13d filer), are regarding the revised approach, not the termination of the Songbird deal.

If the plane, N417XA, was the problem and found to be unworthy during the inspection, where are the SDR reports? http://av-info.faa.gov/sdrx/Query.aspx

6.8 Aircraft Lease Agreement. Buyer and Seller acknowledge and agree that the Aircraft Lease Agreement shall govern the Aircraft from and after Closing and supersede the previous aircraft lease agreement in respect of the Aircraft. Buyer shall ensure that Songbird meets its obligations under the Aircraft Lease Agreement from and after Closing hereunder. Buyer shall also pay AerSale 25417 LLC before Closing: (a) the cost of the C Check to be performed on the Aircraft around the time of Closing (to be paid before induction into the C Check), (b) all other mutually agreed expenses set forth in the Delivery Workscope of the Aircraft Lease Agreement (the expenses set forth in this 6.8 (b) shall be paid 50% prior to commencement of the workscope and 50% upon completion of same, and shall be reimbursed by AerSale 25417 LLC to Buyer upon Closing), and (c) the Security Deposit under, and as per the provisions of, the Aircraft Lease Agreement.

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