Document:

EX-10.8.2

 Exhibit 10.8.2 
 Note: Certain portions have been omitted from this General Terms Agreement in accordance with a request for confidential treatment submitted to the Securities and Exchange Commission. Omitted information
has been replaced with an asterisk. Omitted information has been filed separately with the Securities and Exchange Commission. 

AVIANCATACA HOLDING S.A., 
 as Original Buyer 
 AEROVIAS DEL CONTINENTE AMERICANO S.A. AVIANCA,

 as Avianca 
 and 
 AIRBUS S.A.S. 

as Seller 
  

 
 ASSIGNMENT,
ASSUMPTION AND AMENDMENT AGREEMENT 
 in respect of twenty-six (26) 

A320 Family and A320 NEO Family Aircraft 
 under the 
 A320 Family and A320 NEO Family Purchase Agreement 

dated December 27th 2011 
  

 
  

  

					
	CT1004409-Assignment to PA AVTA-AVA-A320 Fam	  	Page 1	  	

 CONTENTS 

 

			
	Clause	  	Page

 [*] 

  

					
	CT1004409-Assignment to PA AVTA-AVA-A320 Fam	  	Page 2	  	

 This assignment, assumption and amendment agreement (this “AVA Assignment”) is dated as of
the 28th day of February 2013, 
 BETWEEN: 
  

	(1)	AVIANCATACA HOLDING S.A., a company created and existing under Panamanian law having its registered office at Calle Aquilino de la Guardia No. 8, Ciudad de
Panamá, República de Panamá (the “Original Buyer”); 

  

	(2)	AEROVIAS DEL CONTINENTE AMERICANO S.A. AVIANCA, a company created and existing under the laws of Colombia having its registered office at Avenida Calle 26
No. 59-15 Bogota, Colombia (“Avianca”); and 

  

	(3)	AIRBUS S.A.S., a société par actions simplifiée, created and existing under French law having its registered office at 1 Rond-Point
Maurice Bellonte, 31707 Blagnac-Cedex, France and registered with the Toulouse Registre du Commerce under number RCS Toulouse 383 474 814 (the “Seller”). 

 (together, the “Parties” and each, a “Party”). 
 WHEREAS:

  

	(A)	 Pursuant to the A320 Family and A320 NEO Family Purchase Agreement dated December 27th 2011, including all exhibits and appendixes attached thereto and any letter agreements thereto entered into between
the Seller and the Original Buyer attached as Exhibit A (the “Purchase Agreement”), inter alia, the Original Buyer agreed to buy, and the Seller agreed to sell, certain aircraft upon the terms and subject to the conditions
contained therein; and 

  

	(B)	Concurrently with this AVA Assignment, the Original Buyer and the Seller are entering into an amendment N°1 to the Purchase Agreement dated on or about the date
hereof to amend certain provisions of the Purchase Agreement (the “Amendment N°1”); The Purchase Agreement as amended by the terms and provisions of Amendment N°1 shall be hereinafter referred to the
“Agreement”; and 

  

	(C)	Pursuant to Letter Agreement N°9 to the Purchase Agreement, as more fully described in this AVA Assignment and subject to the terms and conditions contained herein,
the Parties agree that as of the Effective Date (as defined below), except as modified by Clause 2 and Clause 3 herein, the Original Buyer transfers and assigns to Avianca all of its rights, title, benefits and interests and all of its obligations
and liabilities under the Agreement so far as they relate to the Assigned Avianca Aircraft (as defined below) and Avianca acquires such rights, title, benefits, interests, obligations and liabilities; and 

 

	(D)	As a condition to the Seller agreeing to this AVA Assignment, the Original Buyer shall remain jointly and severally liable with Avianca for Avianca’s performance
under the AVA Assigned Agreement (as defined below). 

 NOW THEREFORE, in consideration of the mutual representations,
warranties and covenants contained herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged by each of the Parties, the Parties agree as follows: 

  

					
	CT1004409-Assignment to PA AVTA-AVA-A320 Fam	  	Page 3	  	

	1.	DEFINITIONS AND INTERPRETATION 

  

	1.1	Definitions 

 Except as
otherwise defined herein capitalized terms used herein shall have the same meanings as ascribed thereto in the Agreement. The following terms shall have the following meanings: 
 “Assigned Avianca Aircraft” means any or all of the twenty-six (26) Airbus A320 Family or A320 NEO Family Aircraft of the Agreement which are set forth in Exhibit B to this AVA
Assignment. 
 “AVA Assigned Agreement” means the Agreement as assigned from Original Buyer to Avianca in
accordance with the terms of this AVA Assignment. 
 “Effective Date” means the date of entry into force of this
AVA Assignment which shall be deemed to be the date of execution and release of each of the following: (i) this AVA Assignment by the Parties and (ii) an assignment, assumption and amendment agreement made between the Original Buyer, the
Seller and Grupo TACA Holdings Limited and (iii) the Amendment N°1 made between the Original Buyer and the Seller. 

“Encumbrance” means any encumbrance or security interest whatsoever, howsoever created or arising including (without
prejudice to the generality of the foregoing) any right of ownership, security, mortgage, pledge, charge, encumbrance, lien, assignment, statutory right in rem, hypothecation, title, retention, attachment, levy, claim, right of possession or
detention, right of set-off (but excluding any right of set-off arising by way of operation of law) or any agreement or arrangement having a similar effect to any of the foregoing. 

 

	1.2	Interpretation 

 In this
AVA Assignment: 
  

	 	1.2.1	 references to Clauses are to be construed as references to the clauses of this AVA Assignment; 

 

	 	1.2.2 	references to this AVA Assignment (or to any specified provisions of this AVA Assignment) or any other document shall be construed as references to this AVA Assignment,
that provision or that document as in force for the time being and as amended in accordance with its terms. 

  

	 	1.2.3	 words importing the plural shall include the singular and vice versa; 

 

	 	1.2.4 	headings to Clauses or sections are for convenience only and are to be ignored in construing this AVA Assignment; 

  

					
	CT1004409-Assignment to PA AVTA-AVA-A320 Fam	  	Page 4	  	

	 	1.2.5	 references to a person shall be construed as including references to an individual, firm, company, corporation, unincorporated body of persons or any state or any
agency thereof and shall include references to its successors, permitted transferees and permitted assigns; 

  

	 	1.2.6 	references to any statute or statutory provision include any statute or statutory provision which amends, extends, consolidates or replaces the same, or which has been
amended, extended, consolidated or replaced by the same, and shall include any orders, regulations, instruments or other subordinate legislation made under the relevant statute; 

 

	 	1.2.7 	liability includes any obligation or liability (whether present or future, actual or contingent, secured or unsecured, as principal or surety or otherwise); and

  

	 	1.2.8 	the words herein, hereof and hereunder, and words of similar import shall be construed to refer to a document in its entirety and not to any particular provision of
such document. 

  

					
	CT1004409-Assignment to PA AVTA-AVA-A320 Fam	  	Page 5	  	

	2.	ASSIGNMENT, ASSUMPTION AND AMENDMENT 

  

	2.1	As of, and with effect from, the Effective Date and subject to the terms and conditions set forth herein, including without limitation the amendments and adjustments
set out in Clause 3 herein, the Parties agree that: 

  

	 	2.1.1	 the Original Buyer shall assign and transfer to Avianca all of the rights, title, benefits and interests and all of the obligations and liabilities of the
Original Buyer under the Agreement (except as set forth in Clause 3 herein) so far as they relate only to the Assigned Avianca Aircraft; 

  

	 	2.1.2 	Avianca shall assume, undertake and perform all of the obligations and liabilities of the Original Buyer under the Agreement (except as set forth in Clause 3 herein) as
contemplated in this AVA Assignment so far as they relate only to the Assigned Avianca Aircraft in every way as if Avianca had at all times been a party to the Agreement in place of the Original Buyer; 

 

	 	2.1.3 	notwithstanding the assignment and assumption contemplated above, the Original Buyer shall remain liable, on a joint and several basis with Avianca, for all covenants,
undertakings, obligations, duties, responsibilities and liabilities under the AVA Assigned Agreement, which can be further amended or supplemented by the Seller and Avianca from time to time; 

 

	 	2.1.4 	with respect to the Assigned Avianca Aircraft and all of the rights, title, benefits and interests of the Original Buyer under the Agreement (except as set forth in
Clause 3 herein), the Original Buyer: (i) irrevocably and forever releases the Seller from all of its respective covenants, undertakings, obligations, duties, responsibilities and liabilities under the Agreement to the extent that the same
relate to the Assigned Avianca Aircraft; and (ii) irrevocably and forever waives any rights against the Seller with respect to the Assigned Avianca Aircraft and any of their rights, title, benefits and interests under the Agreement from and
continuing at all times after the Effective Date; 

  

	 	2.1.5	 [*] 

  

	2.2	Each of the foregoing agreements are conditional on, and shall take effect simultaneously with, the others. 

 

	2.3	Each of the Original Buyer and Avianca agree that the Seller shall incur no additional obligations or liabilities in connection with agreeing to consent to the
assignment and assumption contemplated herein, and each of the Original Buyer and Avianca agrees to indemnify and hold harmless the Seller to the extent of any losses, costs, expenses, liabilities and/or damages suffered by the Seller as a result of
the Seller entering into this AVA Assignment. 

  

	2.4	Avianca and the Seller each acknowledge that from the Effective Date hereof, Avianca shall be the “Buyer” under, and is bound, liable and responsible for all
terms and conditions relating to the Assigned Avianca Aircraft set forth in this AVA Assignment and the AVA Assigned Agreement except as set forth in Clause 3 herein. 

  

					
	CT1004409-Assignment to PA AVTA-AVA-A320 Fam	  	Page 6	  	

	3.	AMENDMENTS AND ADJUSTMENTS 

 The Parties
hereby agree that, with effect from the Effective Date, the AVA Assigned Agreement shall include all of the terms and conditions of the Agreement amended to reflect the assignment of the Assigned Avianca Aircraft to Avianca, except as otherwise
provided herein, and shall include the amendments set forth in this Clause 3. 
  

	3.1	The Agreement shall be amended to reflect the assignment of the Assigned Avianca Aircraft to Avianca and shall include the following amendments:

  

	 	3.1.1	 in clause 1, the sentence “fifty-one (51) Aircraft, of which eighteen (18) are A320 Family Aircraft and thirty-three (33) are A320 NEO Family
Aircraft” shall be deleted and replaced with “twenty-six (26) Aircraft, of which eight (8) are A320 Family Aircraft and eighteen (18) are A320 NEO Family Aircraft”; 

 

	 	3.1.2 	in clause 5.1, the references to the Buyer’s account shall be deleted and replaced with the following text: 

             [*] 

 

	 	3.1.3 	in clause 9.1.1.1 and 9.1.1.2, the delivery schedule indicated shall be replaced by the delivery schedule set forth in Exhibit B of this AVA Assignment.

  

	 	3.1.4 	in clause 22.2, the address for notices shall be changed to add Avianca as additional addressee: 

             Aerovías del Continente Americano S.A. – Avianca

              Attn.: Secretary General 

             Avenida El Dorado No. 59-15 Piso 10 

             Bogotá – Colombia 

             Email: fleet@aviancataca.com 

 

	3.2	For the AVA Assigned Agreement, clause 5.10 of the Purchase Agreement shall be deleted in its entirety and replaced by the following quoted provisions:

 QUOTE 
  

	5.10	Set-Off 

 The Seller may set-off
any matured and undisputed obligation owed by the Buyer and/or AviancaTaca Holding S.A. and/or Grupo TACA Holdings Limited (individually or collectively the “Relevant Set-Off Parties”), to the Seller and/or its Affiliates against
any obligation (whether or not matured) owed by the Seller to any of the Relevant Set-Off Parties [*]. 
 UNQUOTE 

 

	3.3	For the AVA Assigned Agreement, clause 5.11 of the Purchase Agreement shall be deleted in its entirety and replaced by the following quoted provisions:

  

					
	CT1004409-Assignment to PA AVTA-AVA-A320 Fam	  	Page 7	  	

 QUOTE 
  

	*	[Two pages have been omitted in accordance with a request for confidential treatment.] 

 UNQUOTE 
  

	3.4	For the AVA Assigned Agreement, clause 9.1.1.4 of the Purchase Agreement shall be deleted in its entirety and replaced by the following quoted provisions:

 QUOTE 
 [*]

  

					
	CT1004409-Assignment to PA AVTA-AVA-A320 Fam	  	Page 8	  	

 UNQUOTE 
  

	3.5	The Parties agree that the following clauses to the Purchase Agreement shall not be assigned to Avianca and that all of the rights, title, benefits and interests and
all of the obligations and liabilities under the following clauses to the Purchase Agreement shall remain vested with the Original Buyer: 

  

	 	a)	[*]; 

  

	 	b)	clause [*] to the Purchase Agreement; 

  

	 	c)	clause [*] to the Purchase Agreement; and 

  

	 	d)	clause [*] to the Purchase Agreement. 

 Avianca agrees that (i) any and all actions and/or inactions taken by the Original Buyer pursuant to the above specified clauses and (ii) any amendments to the above specified clauses by the
Original Buyer and Seller, are hereby approved and do not require Avianca’s prior consent. 
  

	3.6	The Parties agree that the following Letter Agreements to the Purchase Agreement shall not be assigned to Avianca and that all of the rights, title, benefits and
interests and all of the obligations and liabilities under the following Letter Agreements shall remain vested with the Original Buyer 

 [*] 
 Avianca agrees that any and all actions and/or inactions taken by the
Original Buyer pursuant to the above specified clauses and (ii) any amendments to the above specified clauses by the Original Buyer and Seller, are hereby approved and do not require Avianca’s prior consent. 

 

	3.7	Notwithstanding the assignment of the Agreement to Avianca pursuant to this AVA Assignment, the Parties agree that the following provisions of the Purchase Agreement
shall also remain vested with the Original Buyer, as applicable: 

  

	 	a)	clause [*]; 

  

	 	b)	clause [*]; 

  

	 	c)	clause [*]; and 

  

	 	d)	clause [*] to [*]. 

  

	4.	ORIGINAL BUYER’S LIABILITY 

 Each of Avianca and the Original Buyer agree that any notice sent by the Seller to the Original Buyer pursuant to any default by Avianca under the terms of the AVA Assigned Agreement shall be
automatically construed as a Seller’s first demand to the Original Buyer to fulfill its obligations as guarantor and cure Avianca’s default. 

  

					
	CT1004409-Assignment to PA AVTA-AVA-A320 Fam	  	Page 9	  	

	5.	REPRESENTATIONS AND WARRANTIES 

  

	5.1	Each Party to this AVA Assignment represents and warrants to each other Party that: 

 

	 	5.1.1	 it is duly established and validly existing under the laws of the place of its incorporation and has full power, authority and legal right to execute and perform
this AVA Assignment; 

  

	 	5.1.2 	it has taken all necessary legal and corporate action to authorise the execution and performance of this AVA Assignment; 

 

	 	5.1.3 	its execution and delivery of this AVA Assignment, and the performance by it of its obligations hereunder, does not, and will not, violate any provision of its
constitutive documents or any provision of any applicable law in any material respect; and 

  

	 	5.1.4 	this AVA Assignment constitutes a legal, valid and binding obligation of such Party in accordance with its terms. 

 

	5.2	As of the date hereof, each of the Original Buyer and the Seller represents and warrants to each of the other Parties that it is not in default under the Agreement and
has not created or granted any Encumbrance with respect to the Agreement so far as it relates to the Assigned Avianca Aircraft or its rights thereunder. 

  

	6.	INDEMNITY 

 Avianca shall
indemnify and hold harmless the Seller for: 
  

	5.1	any liabilities, costs, expenses and obligations arising out of this AVA Assignment which would not have been incurred by the Seller had the AVA Assignment not
occurred, including, without limitation, liabilities, costs, expenses and obligations relating to (1) any amendment to the Specification of any Assigned Avianca Aircraft (as such has been agreed between the Original Buyer and the Seller in
accordance with the terms of the Agreement with respect to the Aircraft); or (2) the performance of any additional work on the Assigned Avianca Aircraft beyond what is currently contemplated in the Agreement with regard to the Aircraft; and

  

	5.2	all reasonable out-of-pocket costs and expenses incurred by the Seller (including all reasonable costs and expenses relating to external legal and tax advice) in
connection with the negotiation, preparation and execution of any of the agreements and arrangements contemplated by this AVA Assignment, such amounts to be borne by Avianca. 

 

	7.	FUTURE AMENDMENTS 

 No
amendment, modification or waiver in respect of this AVA Assignment will be effective unless in writing (including a writing evidenced by a facsimile or e-mail transmission) and executed by each of the Parties. 

 

	8.	GOVERNING LAW 

 THIS AVA
ASSIGNMENT WILL BE GOVERNED BY AND CONSTRUED AND THE PERFORMANCE THEREOF WILL BE DETERMINED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT GIVING EFFECT TO ITS CONFLICTS OF LAWS PROVISIONS THAT WOULD RESULT IN THE APPLICATION OF THE
LAW OF ANY OTHER JURISDICTION OTHER THAN SECTION 5-1401 AND 5-1402 OF THE NEW YORK GENERAL OBLIGATIONS LAW. 

  

					
	CT1004409-Assignment to PA AVTA-AVA-A320 Fam	  	Page 10	  	

 Each of the Parties (i) hereby irrevocably submits itself to the nonexclusive
jurisdiction of the courts of the state of New York, New York County, or the United States District Court for the Southern District of New York, for the purposes of any suit, action or other proceeding arising out of this AVA Assignment, the subject
matter hereof or any of the transactions contemplated hereby brought by any party or parties hereto, and (ii) hereby waives, and agrees not to assert, by way of motion, as a defense or otherwise, in any such suit, action or proceeding, to the
extent permitted by applicable law, any defense based on sovereign or other immunity or that the suit, action or proceeding which is referred to in Clause (i) above is brought in an inconvenient forum, that the venue of such suit, action or
proceeding is improper, or that this AVA Assignment or the subject matter hereof or any of the transactions contemplated hereby may not be enforced in or by these courts. 
 THE PARTIES HEREBY ALSO AGREE THAT THE UNITED NATIONS CONVENTION ON CONTRACTS FOR THE INTERNATIONAL SALE OF GOODS 1988 WILL NOT APPLY TO THIS TRANSACTION. 

 

	9.	NOTICES 

 The address and
fax number (and the department or officer, if any, for whose attention the communication is to be made) of each Party for any communication or document to be made or delivered under or in connection with this AVA Assignment is identified with its
name below or in any substitute details which that Party may notify to the other Parties by not less than [*] notice. 
  

	 	9.1.1 	In the case of the Original Buyer: 

 AviancaTaca Holding S.A. 
 Attn.: Secretary 

Avenida El Dorado No. 59-15 Piso 10 
 Bogotá – Colombia 
 Email: fleet@aviancataca.com 

 

	 	9.1.2 	In the case of Avianca: 

Aerovías del Continente Americano S.A. – Avianca 
 Attn.: Secretary General 
 Avenida El Dorado No. 59-15 Piso 10 

Bogotá – Colombia 
 Email: fleet@aviancataca.com 
 With a copy to: 

AviancaTaca Holding S.A. 
 Attn.: Secretary 
 Avenida El Dorado No. 59-15 Piso 10 

Bogotá – Colombia 
 Email: fleet@aviancataca.com 

  

					
	CT1004409-Assignment to PA AVTA-AVA-A320 Fam	  	Page 11	  	

	 	9.1.3 	In the case of the Seller: 

Airbus S.A.S. 
 1
rond point Maurice Bellonte 
 31707 Blagnac Cedex 
 France 
 Fax: +33 (0) 5 61 93 49 81 

Attention: Vice-President Contracts Division 
  

	10.	REFERENCE 

 Any future
reference to (a) the Agreement in relation to any of the Assigned Avianca Aircraft in any document or instrument in connection therewith, shall, after the Effective Date, be deemed to be a reference to the AVA Assigned Agreement and
(b) the “Buyer” under the AVA Assigned Agreement, as assigned, or in any other document or instrument, and in any case in relation to any of the Assigned Avianca Aircraft, shall, after the Effective Date, be deemed to be a reference
to Avianca. 
  

	11.	ONWARD TRANSFER OF RIGHTS 

Avianca agrees that it may not assign, novate, transfer, sell, delegate or otherwise deal with or dispose of any of its rights hereunder
or under the AVA Assigned Agreement without the prior written consent of the Seller. 
  

	12.	CONFIDENTIALITY 

 This AVA
Assignment (and its existence) shall be treated by all of the Parties as confidential in accordance with clause 22.12 of the Purchase Agreement and the AVA Assigned Agreement. 

 

	13.	ENTIRE AGREEMENT 

 This
AVA Assignment constitutes the entire agreement between the Parties and supersedes all previous negotiations, representations, undertakings and agreements heretofore made between the parties with respect to its subject matter. 

 

	14.	COUNTERPARTS 

 This AVA
Assignment (and each amendment, modification and waiver in respect of it) may be executed and delivered in counterparts (including by facsimile transmission), each of which will be deemed an original. 

  

					
	CT1004409-Assignment to PA AVTA-AVA-A320 Fam	  	Page 12	  	

 IN WITNESS WHEREOF the parties have executed this AVA Assignment on the date first above written.

  

			
	AVIANCATACA HOLDING S.A.,
		
	By:	 	/s/ Elisa Murgas de Moreno
	Name:	 	Elisa Murgas de Moreno
	Title:	 	Secretary

  

			
	AEROVIAS DEL CONTINENTE
AMERICANO S.A. AVIANCA,
		
	By:	 	/s/ Elisa Murgas de Moreno
	Name:	 	Elisa Murgas de Moreno
	Title	 	Secretary General Officer

  

			
	AIRBUS S.A.S.
		
	By	 	 
	Name	 	 
	Title	 	 

  

					
	CT1004409-Assignment to PA AVTA-AVA-A320 Fam	  	Page 13	  	

 Exhibit A 
 [Copy of Agreement] 
 [Included elsewhere in this filing as Exhibit 10.8]

  

					
	CT1004409-Assignment to PA AVTA-AVA-A320 Fam	  	Page 14	  	

 Exhibit B 
 [*] 

  

					
	CT1004409-Assignment to PA AVTA-AVA-A320 Fam	  	Page 15EX-10.8.3

 Exhibit 10.8.3 
 Note: Certain portions have been omitted from this General Terms Agreement in accordance with a request for confidential treatment submitted to the Securities and Exchange Commission. Omitted information
has been replaced with an asterisk. Omitted information has been filed separately with the Securities and Exchange Commission. 

AVIANCATACA HOLDING S.A., 
 as Original Buyer 
 GRUPO TACA HOLDINGS LIMITED, 

as Taca 
 and

 AIRBUS S.A.S. 
 as Seller 
  

 
 ASSIGNMENT,
ASSUMPTION AND AMENDMENT AGREEMENT 
 in respect of twenty-five (25) 

A320 Family and A320 NEO Family Aircraft 
 under the 
 A320 Family and A320 NEO Family Purchase Agreement 

dated December 27th 2011 
  

 
  

  

			
	CT1004409-Assignment to PA AVTA-TACA-A320 Fam	  	Page 1

 CONTENTS 

 

			
	Clause	  	Page

 [*] 

  

			
	CT1004409-Assignment to PA AVTA-TACA-A320 Fam	  	Page 2

 This assignment, assumption and amendment agreement (this “TACA Assignment”) is dated as of
the 28th day of February 2013, 
 BETWEEN: 
  

	(1)	AVIANCATACA HOLDING S.A., a company created and existing under Panamanian law having its registered office at Calle Aquilino de la Guardia No. 8, Ciudad de
Panamá, República de Panamá (the “Original Buyer”); 

  

	(2)	GRUPO TACA HOLDINGS LIMITED, a company created and existing under the laws of The Commonwealth of the The Bahamas having its registered office at Wintherbotham
Place, Marlborough & Queen Streets P.O. Box N-3026, Nassau, The Bahamas (“Taca”); and 

  

	(3)	AIRBUS S.A.S., a société par actions simplifiée, created and existing under French law having its registered office at 1 Rond-Point
Maurice Bellonte, 31707 Blagnac-Cedex, France and registered with the Toulouse Registre du Commerce under number RCS Toulouse 383 474 814 (the “Seller”). 

 (together, the “Parties” and each, a “Party”). 
 WHEREAS:

  

	(A)	 Pursuant to the A320 Family and A320 NEO Family Purchase Agreement dated December 27th 2011, including all exhibits and appendixes attached thereto and any letter agreements thereto entered into between
the Seller and the Original Buyer attached as Exhibit A (the “Purchase Agreement”), inter alia, the Original Buyer agreed to buy, and the Seller agreed to sell, certain aircraft upon the terms and subject to the conditions
contained therein; and 

  

	(B)	Concurrently with this TACA Assignment, the Original Buyer and the Seller are entering into an amendment N°1 to the Purchase Agreement dated on or about the date
hereof to amend certain provisions of the Purchase Agreement (the “Amendment N°1”); The Purchase Agreement as amended by the terms and provisions of Amendment N°1 shall be hereinafter referred to the
“Agreement”; and 

  

	(C)	Pursuant to Letter Agreement N°9 to the Purchase Agreement, as more fully described in this TACA Assignment and subject to the terms and conditions contained
herein, the Parties agree that as of the Effective Date (as defined below), except as modified by Clause 2 and Clause 3 herein, the Original Buyer transfers and assigns to Taca all of its rights, title, benefits and interests and all of its
obligations and liabilities under the Agreement so far as they relate to the Assigned Taca Aircraft (as defined below) and Taca acquires such rights, title, benefits, interests, obligations and liabilities; and 

 

	(D)	As a condition to the Seller agreeing to this TACA Assignment, the Original Buyer shall remain jointly and severally liable with Taca for Taca’s performance under
the GTH Assigned Agreement (as defined below). 

  

			
	CT1004409-Assignment to PA AVTA-TACA-A320 Fam	  	Page 3

 NOW THEREFORE, in consideration of the mutual representations, warranties and covenants contained
herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged by each of the Parties, the Parties agree as follows: 
  

	1.	DEFINITIONS AND INTERPRETATION 

  

	1.1	Definitions 

 Except as
otherwise defined herein capitalized terms used herein shall have the same meanings as ascribed thereto in the Agreement. The following terms shall have the following meanings: 
 “Assigned Taca Aircraft” means any or all of the twenty-five (25) Airbus A320 Family or A320 NEO Family Aircraft of the Agreement which are set forth in Exhibit B to this TACA
Assignment. 
 “GTH Assigned Agreement” means the Agreement as assigned from Original Buyer to Taca in
accordance with the terms of this TACA Assignment. 
 “Effective Date” means the date of entry into force of
this TACA Assignment which shall be deemed to be the date of execution and release of each of the following: (i) this TACA Assignment by the Parties and (ii) an assignment, assumption and amendment agreement made between the Original
Buyer, the Seller and Aerovias del Continente Americano S.A. Avianca and (iii) the Amendment N°1 made between the Original Buyer and the Seller. 
 “Encumbrance” means any encumbrance or security interest whatsoever, howsoever created or arising including (without prejudice to the generality of the foregoing) any right of ownership,
security, mortgage, pledge, charge, encumbrance, lien, assignment, statutory right in rem, hypothecation, title, retention, attachment, levy, claim, right of possession or detention, right of set-off (but excluding any right of set-off arising by
way of operation of law) or any agreement or arrangement having a similar effect to any of the foregoing. 
  

	1.2	Interpretation 

 In this
TACA Assignment: 
  

	 	1.2.1	references to Clauses are to be construed as references to the clauses of this TACA Assignment; 

 

	 	1.2.2	references to this TACA Assignment (or to any specified provisions of this TACA Assignment) or any other document shall be construed as references to this TACA
Assignment, that provision or that document as in force for the time being and as amended in accordance with its terms. 

  

	 	1.2.3	words importing the plural shall include the singular and vice versa; 

  

	 	1.2.4	headings to Clauses or sections are for convenience only and are to be ignored in construing this TACA Assignment; 

  

			
	CT1004409-Assignment to PA AVTA-TACA-A320 Fam	  	Page 4

	 	1.2.5	references to a person shall be construed as including references to an individual, firm, company, corporation, unincorporated body of persons or any state or any
agency thereof and shall include references to its successors, permitted transferees and permitted assigns; 

  

	 	1.2.6	references to any statute or statutory provision include any statute or statutory provision which amends, extends, consolidates or replaces the same, or which has been
amended, extended, consolidated or replaced by the same, and shall include any orders, regulations, instruments or other subordinate legislation made under the relevant statute; 

 

	 	1.2.7	liability includes any obligation or liability (whether present or future, actual or contingent, secured or unsecured, as principal or surety or otherwise); and

  

	 	1.2.8	the words herein, hereof and hereunder, and words of similar import shall be construed to refer to a document in its entirety and not to any particular provision of
such document. 

  

			
	CT1004409-Assignment to PA AVTA-TACA-A320 Fam	  	Page 5

	2.	ASSIGNMENT, ASSUMPTION AND AMENDMENT 

  

	2.1	As of, and with effect from, the Effective Date and subject to the terms and conditions set forth herein, including without limitation the amendments and adjustments
set out in Clause 3 herein, the Parties agree that: 

  

	 	2.1.1	the Original Buyer shall assign and transfer to Taca all of the rights, title, benefits and interests and all of the obligations and liabilities of the Original Buyer
under the Agreement (except as set forth in Clause 3 herein) so far as they relate only to the Assigned Taca Aircraft; 

  

	 	2.1.2	Taca shall assume, undertake and perform all of the obligations and liabilities of the Original Buyer under the Agreement (except as set forth in Clause 3 herein) as
contemplated in this TACA Assignment so far as they relate only to the Assigned Taca Aircraft in every way as if Taca had at all times been a party to the Agreement in place of the Original Buyer; 

 

	 	2.1.3	notwithstanding the assignment and assumption contemplated above, the Original Buyer shall remain liable, on a joint and several basis with Taca, for all covenants,
undertakings, obligations, duties, responsibilities and liabilities under the GTH Assigned Agreement, which can be further amended or supplemented by the Seller and Taca from time to time; 

 

	 	2.1.4	with respect to the Assigned Taca Aircraft and all of the rights, title, benefits and interests of the Original Buyer under the Agreement (except as set forth in Clause
3 herein), the Original Buyer: (i) irrevocably and forever releases the Seller from all of its respective covenants, undertakings, obligations, duties, responsibilities and liabilities under the Agreement to the extent that the same relate to
the Assigned Taca Aircraft; and (ii) irrevocably and forever waives any rights against the Seller with respect to the Assigned Taca Aircraft and any of their rights, title, benefits and interests under the Agreement from and continuing at all
times after the Effective Date; 

  

	 	2.1.5	[*] 

  

	 	2.1.6	The Seller acknowledges the aforesaid assignment, transfer, assumption, release and undertaking and consents to the same. For the avoidance of doubt, the Seller shall
be responsible to perform its obligations to Taca under the Agreement (except as set forth in Clause 3 herein) as contemplated in this TACA Assignment so far as they relate only to the Assigned Taca Aircraft in every way as if Taca had at all times
been a party to the Agreement in place of the Original Buyer. 

  

			
	CT1004409-Assignment to PA AVTA-TACA-A320 Fam	  	Page 6

	 	2.2	Each of the foregoing agreements are conditional on, and shall take effect simultaneously with, the others. 

 

	 	2.3	Each of the Original Buyer and Taca agree that the Seller shall incur no additional obligations or liabilities in connection with agreeing to consent to the assignment
and assumption contemplated herein, and each of the Original Buyer and Taca agrees to indemnify and hold harmless the Seller to the extent of any losses, costs, expenses, liabilities and/or damages suffered by the Seller as a result of the Seller
entering into this TACA Assignment. 

  

	 	2.4	Taca and the Seller each acknowledge that from the Effective Date hereof, Taca shall be the “Buyer” under, and is bound, liable and responsible for all terms
and conditions relating to the Assigned Taca Aircraft set forth in this TACA Assignment and the GTH Assigned Agreement except as set forth in Clause 3 herein. 

  

			
	CT1004409-Assignment to PA AVTA-TACA-A320 Fam	  	Page 7

	3.	AMENDMENTS AND ADJUSTMENTS 

 The Parties
hereby agree that, with effect from the Effective Date, the GTH Assigned Agreement shall include all of the terms and conditions of the Agreement amended to reflect the assignment of the Assigned Taca Aircraft to Taca, except as otherwise provided
herein, and shall include the amendments set forth in this Clause 3. 
  

	3.1	The Agreement shall be amended to reflect the assignment of the Assigned Taca Aircraft to Taca and shall include the following amendments: 

 

	 	3.1.1	in clause 1, the sentence “fifty-one (51) Aircraft, of which eighteen (18) are A320 Family Aircraft and thirty-three (33) are A320 NEO Family
Aircraft” shall be deleted and replaced with “twenty-five (25) Aircraft, of which ten (10) are A320 Family Aircraft and fifteen (15) are A320 NEO Family Aircraft”; 

 

	 	3.1.2	in clause 5.1, the references to the Buyer’s account shall be deleted and replaced with the following text: 

[*] 
  

	 	3.1.3	in clause 9.1.1.1 and 9.1.1.2, the delivery schedule indicated shall be replaced by the delivery schedule set forth in Exhibit B of this TACA Assignment.

  

	 	3.1.4	in clause 22.2, the address for notices shall be changed to add Taca as additional addressee: 

GRUPO TACA HOLDINGS LIMITED, 
 Attn.: Secretary General 
 Wintherbotham Place, Marlborough and Queen Streets

 Nassau, The Bahamas 
 Email: flota@aviancataca.com 
  

	3.2	For the GTH Assigned Agreement, clause 5.10 of the Purchase Agreement shall be deleted in its entirety and replaced by the following quoted provisions:

 QUOTE 
  

	5.10	Set-Off 

 The Seller may set-off
any matured and undisputed obligation owed by the Buyer and/or AviancaTaca Holding S.A. and/or Aerovias del Continente Americano S.A. Avianca (individually or collectively the “Relevant Set-Off Parties”), to the Seller and/or its
Affiliates against any obligation (whether or not matured) owed by the Seller to any of the Relevant Set-Off Parties [*] 

  

			
	CT1004409-Assignment to PA AVTA-TACA-A320 Fam	  	Page 8

 UNQUOTE 
  

	3.3	For the GTH Assigned Agreement, clause 5.11 of the Purchase Agreement shall be deleted in its entirety and replaced by the following quoted provisions:

 QUOTE 
  

	*	[Two pages have been omitted in accordance with a request for confidential treatment.] 

 UNQUOTE 
  

	3.4	For the GTH Assigned Agreement, clause 9.1.1.4 of the Purchase Agreement shall be deleted in its entirety and replaced by the following quoted provisions:

 QUOTE 
 [*]

  

			
	CT1004409-Assignment to PA AVTA-TACA-A320 Fam	  	Page 9

 UNQUOTE 
  

	3.5	The Parties agree that the following clauses to the Purchase Agreement shall not be assigned to Taca and that all of the rights, title, benefits and interests and all
of the obligations and liabilities under the following clauses to the Purchase Agreement shall remain vested with the Original Buyer: 

 [*] 
  

	 	a)	clause [*] to the Purchase Agreement; 

  

	 	b)	clause [*] to the Purchase Agreement; and 

  

	 	c)	clause [*] to the Purchase Agreement. 

 Taca agrees that (i) any and all actions and/or inactions taken by the Original Buyer pursuant to the above specified clauses and (ii) any amendments to the above specified clauses by the
Original Buyer and Seller, are hereby approved and do not require Taca’s prior consent. 
  

	3.6	The Parties agree that the following Letter Agreements to the Purchase Agreement shall not be assigned to Taca and that all of the rights, title, benefits and interests
and all of the obligations and liabilities under the following Letter Agreements shall remain vested with the Original Buyer 

 [*] 
 Taca agrees that any and all actions and/or inactions taken by the Original
Buyer pursuant to the above specified clauses and (ii) any amendments to the above specified clauses by the Original Buyer and Seller, are hereby approved and do not require Taca’s prior consent. 

 

	3.7	Notwithstanding the assignment of the Agreement to Taca pursuant to this TACA Assignment, the Parties agree that the following provisions of the Purchase Agreement
shall also remain vested with the Original Buyer, as applicable: 

  

	 	a)	clause [*]; 

  

	 	b)	clause [*] 

  

	 	c)	clause [*]; and 

  

	 	d)	clause [*]. 

  

	4.	ORIGINAL BUYER’S LIABILITY 

 Each of Taca and the Original Buyer agree that any notice sent by the Seller to the Original Buyer pursuant to any default by Taca under the terms of the GTH Assigned Agreement shall be automatically
construed as a Seller’s first demand to the Original Buyer to fulfill its obligations as guarantor and cure Taca’s default. 

  

			
	CT1004409-Assignment to PA AVTA-TACA-A320 Fam	  	Page 10

	5.	REPRESENTATIONS AND WARRANTIES 

  

	5.1	Each Party to this TACA Assignment represents and warrants to each other Party that: 

 

	 	5.1.1	it is duly established and validly existing under the laws of the place of its incorporation and has full power, authority and legal right to execute and perform this
TACA Assignment; 

  

	 	5.1.2	it has taken all necessary legal and corporate action to authorise the execution and performance of this TACA Assignment; 

 

	 	5.1.3	its execution and delivery of this TACA Assignment, and the performance by it of its obligations hereunder, does not, and will not, violate any provision of its
constitutive documents or any provision of any applicable law in any material respect; and 

  

	 	5.1.4	this TACA Assignment constitutes a legal, valid and binding obligation of such Party in accordance with its terms. 

 

	5.2	As of the date hereof, each of the Original Buyer and the Seller represents and warrants to each of the other Parties that it is not in default under the Agreement and
has not created or granted any Encumbrance with respect to the Agreement so far as it relates to the Assigned Taca Aircraft or its rights thereunder. 

  

	6.	INDEMNITY 

 Taca shall
indemnify and hold harmless the Seller for: 
  

	5.1	any liabilities, costs, expenses and obligations arising out of this TACA Assignment which would not have been incurred by the Seller had the TACA Assignment not
occurred, including, without limitation, liabilities, costs, expenses and obligations relating to (1) any amendment to the Specification of any Assigned Taca Aircraft (as such has been agreed between the Original Buyer and the Seller in
accordance with the terms of the Agreement with respect to the Aircraft); or (2) the performance of any additional work on the Assigned Taca Aircraft beyond what is currently contemplated in the Agreement with regard to the Aircraft; and

  

	5.2	all reasonable out-of-pocket costs and expenses incurred by the Seller (including all reasonable costs and expenses relating to external legal and tax advice) in
connection with the negotiation, preparation and execution of any of the agreements and arrangements contemplated by this TACA Assignment, such amounts to be borne by Taca. 

 

	7.	FUTURE AMENDMENTS 

 No
amendment, modification or waiver in respect of this TACA Assignment will be effective unless in writing (including a writing evidenced by a facsimile or e-mail transmission) and executed by each of the Parties. 

  

			
	CT1004409-Assignment to PA AVTA-TACA-A320 Fam	  	Page 11

	8.	GOVERNING LAW 

 THIS TACA
ASSIGNMENT WILL BE GOVERNED BY AND CONSTRUED AND THE PERFORMANCE THEREOF WILL BE DETERMINED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT GIVING EFFECT TO ITS CONFLICTS OF LAWS PROVISIONS THAT WOULD RESULT IN THE APPLICATION OF THE
LAW OF ANY OTHER JURISDICTION OTHER THAN SECTION 5-1401 AND 5-1402 OF THE NEW YORK GENERAL OBLIGATIONS LAW. 
 Each of the
Parties (i) hereby irrevocably submits itself to the nonexclusive jurisdiction of the courts of the state of New York, New York County, or the United States District Court for the Southern District of New York, for the purposes of any suit,
action or other proceeding arising out of this TACA Assignment, the subject matter hereof or any of the transactions contemplated hereby brought by any party or parties hereto, and (ii) hereby waives, and agrees not to assert, by way of motion,
as a defense or otherwise, in any such suit, action or proceeding, to the extent permitted by applicable law, any defense based on sovereign or other immunity or that the suit, action or proceeding which is referred to in Clause (i) above is
brought in an inconvenient forum, that the venue of such suit, action or proceeding is improper, or that this TACA Assignment or the subject matter hereof or any of the transactions contemplated hereby may not be enforced in or by these courts.

 THE PARTIES HEREBY ALSO AGREE THAT THE UNITED NATIONS CONVENTION ON CONTRACTS FOR THE INTERNATIONAL SALE OF GOODS 1988 WILL
NOT APPLY TO THIS TRANSACTION. 
  

	9.	NOTICES 

 The address and
fax number (and the department or officer, if any, for whose attention the communication is to be made) of each Party for any communication or document to be made or delivered under or in connection with this TACA Assignment is identified with its
name below or in any substitute details which that Party may notify to the other Parties by not less than [*] notice. 
  

	 	9.1.1	In the case of the Original Buyer: 

 AviancaTaca Holding S.A. 
 Attn.: Secretary 

Avenida El Dorado No. 59-15 Piso 10 
 Bogotá – Colombia 
 Email: fleet@aviancataca.com 

 

	 	9.1.2	In the case of Taca: 

 Grupo
Taca Holdings Limited 
 Attn: Director 
 Winterbotham Place, Marlborough & Queen Streets 
 Nassau, The Bahamas

 With a copy to: 
 AviancaTaca Holding S.A. 
 Attn.: Secretary 

Avenida El Dorado No. 59-15 Piso 10 
 Bogotá – Colombia 
 Email: fleet@aviancataca.com 

  

			
	CT1004409-Assignment to PA AVTA-TACA-A320 Fam	  	Page 12

	 	9.1.3	In the case of the Seller: 

Airbus S.A.S. 

1 rond point Maurice Bellonte 
 31707 Blagnac Cedex 
 France 

Fax: +33 (0) 5 61 93 49 81 
 Attention: Vice-President Contracts Division 
  

	10.	REFERENCE 

 Any future
reference to (a) the Agreement in relation to any of the Assigned Taca Aircraft in any document or instrument in connection therewith, shall, after the Effective Date, be deemed to be a reference to the GTH Assigned Agreement and (b) the
“Buyer” under the GTH Assigned Agreement, as assigned, or in any other document or instrument, and in any case in relation to any of the Assigned Taca Aircraft, shall, after the Effective Date, be deemed to be a reference to Taca.

  

	11.	ONWARD TRANSFER OF RIGHTS 

Taca agrees that it may not assign, novate, transfer, sell, delegate or otherwise deal with or dispose of any of its rights hereunder or
under the GTH Assigned Agreement without the prior written consent of the Seller. 
  

	12.	CONFIDENTIALITY 

 This
TACA Assignment (and its existence) shall be treated by all of the Parties as confidential in accordance with clause 22.12 of the Purchase Agreement and the GTH Assigned Agreement. 

 

	13.	ENTIRE AGREEMENT 

 This
TACA Assignment constitutes the entire agreement between the Parties and supersedes all previous negotiations, representations, undertakings and agreements heretofore made between the parties with respect to its subject matter. 

 

	14.	COUNTERPARTS 

 This TACA
Assignment (and each amendment, modification and waiver in respect of it) may be executed and delivered in counterparts (including by facsimile transmission), each of which will be deemed an original. 

  

			
	CT1004409-Assignment to PA AVTA-TACA-A320 Fam	  	Page 13

 IN WITNESS WHEREOF the parties have executed this TACA Assignment on the date first above written.

  

			
	AVIANCATACA HOLDING S.A.,
		
	By:	 	/s/ Elisa Murgas de Moreno
	Name:	 	Elisa Murgas de Moreno
	Title:	 	Secretary General Officer

  

			
	GRUPO TACA HOLDINGS LIMITED
		
	By	 	 
	Name	 	 
	Title	 	Sole Director

  

			
	AIRBUS S.A.S.
		
	By	 	 
	Name	 	 
	Title	 	 

  

			
	CT1004409-Assignment to PA AVTA-TACA-A320 Fam	  	Page 14

 Exhibit A 
 [Copy of Agreement] 
 [Included elsewhere in this filing as Exhibit 10.8]

  

			
	CT1004409-Assignment to PA AVTA-TACA-A320 Fam	  	Page 15

 Exhibit B 
 [*] 

  

			
	CT1004409-Assignment to PA AVTA-TACA-A320 Fam	  	Page 16

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00221-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00221-of-00352.parquet"}]]