Royce Tay MK 611-8 engines having manufacturer's serial numbers 16388 and 16387
(collectively, the "Aircraft").
BUYER ACKNOWLEDGES THAT IT HAS INSPECTED THE AIRCRAFT AND EQUIPMENT AND THE
LOGBOOKS AND OTHER RECORDS RELATING THERETO AND THAT THE AIRCRAFT, EQUIPMENT,
AND LOGBOOKS AND OTHER RECORDS ARE FULLY SATISFACTORY TO IT. EXECUTION AND
DELIVERY OF THIS DELIVERY RECEIPT BY BUYER SHALL BE CONCLUSIVE EVIDENCE FOR ALL
PURPOSES THAT (i) ALL CLOSING CONDITIONS SET FORTH IN SECTION 2.1 OF THE
AGREEMENT HAVE BEEN COMPLIED WITH; AND (ii) THE CONDITION OF THE AIRCRAFT,
EQUIPMENT, AND LOGBOOKS AND OTHER RECORDS RELATED THERETO, AS DELIVERED, ARE
FULLY SATISFACTORY TO BUYER AND IN ACCORDANCE WITH THE AGREEMENT. BUYER HEREBY
ACCEPTS THE AIRCRAFT "AS-IS, WHERE-IS," AS PROVIDED IN THE AGREEMENT.
[SIGNATURE PAGE FOLLOWS]
IN WITNESS WHEREOF, Buyer has caused this instrument to be executed and
delivered by its duly authorized officer at the date and time of delivery set
forth above.
Martin Aviation, Inc. By:
Name:
Patrick Kenna Title:
President