this Agreement
onboard the Aircraft at all times when the Aircraft is being operated under this
Agreement.
22. TRUTH IN LEASING STATEMENT UNDER FAR SECTION 91.23:
(A) LESSOR HEREBY CERTIFIES THAT THE AIRCRAFT HAS BEEN MAINTAINED AND
INSPECTED UNDER FAR PART 91 DURING THE 12-MONTH PERIOD PRECEDING THE DATE OF
EXECUTION OF THIS AGREEMENT. THE AIRCRAFT WILL BE MAINTAINED AND INSPECTED IN
COMPLIANCE WITH THE MAINTENANCE AND INSPECTION REQUIREMENTS OF FAR PART 91 FOR
ALL OPERATIONS TO BE CONDUCTED UNDER THIS AGREEMENT.
(B) CSC TRANSPORT IV, INC., 8000 REPUBLIC AIRPORT, HANGAR 5,
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FARMINGDALE, NEW YORK 11735, HEREBY CERTIFIES THAT IT IS RESPONSIBLE FOR
OPERATIONAL CONTROL OF THE AIRCRAFT FOR ALL OPERATIONS UNDER THIS AGREEMENT.
(C) EACH PARTY HEREBY CERTIFIES THAT IT UNDERSTANDS ITS
RESPONSIBILITIES FOR COMPLIANCE WITH APPLICABLE FEDERAL AVIATION REGULATIONS.
(D) THE PARTIES UNDERSTAND THAT AN EXPLANATION OF THE FACTORS BEARING
ON OPERATIONAL CONTROL AND THE PERTINENT FEDERAL AVIATION REGULATIONS CAN BE
OBTAINED FROM THE NEAREST FAA FLIGHT STANDARDS DISTRICT OFFICE.
IN WITNESS WHEREOF, Lessor and Lessee have executed this Time Sharing
Agreement effective as of the date first above written.
LESSOR:
CSC TRANSPORT IV, INC.
By:
/s/ James Nuzzo
Name:
James Nuzzo
Title:
EVP,
Business Planning
LESSEE:
/s/ Gregg G. Seibert
Gregg G. Seibert
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