Persons entitled
- Jet Acceptance Corporation ("the Secured Party")
Amount secured
All monies due or to become due from the company to the chargee under a lease agreement dated 14TH may 1997 (as from time to time amended, modified and supplemented) (the "baol sub-lease") whether such amount are at the date of the agreement or after the date of the agreement outstanding, as such baol sub-lease is now in effect or is from time to time after the date of the agreement modified, amended, restated, supplemented, renewed, extended or postponed relating to one bae jetstream 32 aircraft, manufacuturer's serial number 851 (the "aircraft") and all other present or future indebtedness of the company to the chargee arising out of or pursuant to (1) the agreement, (2) the baol sub-lease and (3) the other operative documents
Short particulars
All right title interest claims and demands of the company as lessor in to and under the sub-sublease of the aircraft by the company to o'connor air services pty. Limited (the "sub-sublessee") a corporation duly incorporated and validly existing in accordance with the laws of south australia, australia, pursuant to an aircraft lease agreement (the "o'connor sublease") between the company as lessor and the sub-sublessee as lessee dated 10TH february 1997 and any future permitted sublease of the aircraft from the company (a "future permitted sublease"),. See the mortgage charge document for full details.