Document:

Exhibit 4.12

LEASE SUPPLEMENT NO. 1

 

CERTAIN OF THE RIGHT, TITLE
AND INTEREST OF LESSOR IN AND TO THIS LEASE SUPPLEMENT HAS BEEN ASSIGNED TO, AND IS SUBJECT TO A SECURITY INTEREST IN FAVOR OF,
THE LOAN TRUSTEE REFERRED TO IN THE INDENTURE. THIS LEASE SUPPLEMENT HAS BEEN EXECUTED IN SEVERAL COUNTERPARTS. TO THE EXTENT,
IF ANY, THAT THIS LEASE SUPPLEMENT CONSTITUTES TANGIBLE CHATTEL PAPER (AS SUCH TERM IS DEFINED IN THE UNIFORM COMMERCIAL CODE OR
SIMILAR LEGISLATION AS IN EFFECT IN ANY APPLICABLE JURISDICTION), NO SECURITY INTEREST IN THIS LEASE SUPPLEMENT MAY BE PERFECTED
THROUGH THE TRANSFER OR POSSESSION OF ANY COUNTERPART HEREOF OTHER THAN THE ORIGINAL COUNTERPART. THE COUNTERPART TO BE DEEMED
THE ORIGINAL COUNTERPART SHALL BE THE COUNTERPART THAT CONTAINS THE RECEIPT THEREFOR EXECUTED BY THE LOAN TRUSTEE.

 

LEASE SUPPLEMENT NO. 1

 

THIS LEASE SUPPLEMENT No.
1 dated ____July 29_____, 2015 (this "Lease Supplement") is between PARINA LEASING LIMITED an exempted
company organized with limited liability under the laws of the Cayman Islands, as lessor (the "Lessor"), and LATAM
AIRLINES GROUP S.A. (formerly having the legal name LAN Airlines S.A. and doing business as LAN Airlines), a company organized
under the laws of the Republic of Chile, as lessee (the "Lessee").

 

WITNESSETH:

 

WHEREAS, the Lessor and
the Lessee have heretofore entered into that certain Lease Agreement MSN 6698 dated as of 22 July, 2015 relating to one (1) Airbus
model A321-200 Aircraft (herein called the "Lease"; capitalized terms used herein and not otherwise defined herein
shall have the meanings set forth in the Lease); and

 

WHEREAS, the Lease provides
for the execution and delivery of a Lease Supplement, for the purpose of leasing the Aircraft under the Lease.

 

NOW, THEREFORE, in consideration
of the premises and other good and sufficient consideration, the relevance and adequacy of which are hereby acknowledged, the Lessor
and the Lessee hereby agree as follows:

 

1.          On
the Delivery Date, the Lessor will deliver and lease to the Lessee under the Lease, and the Lessee will accept and lease from the
Lessor under the Lease, the following described aircraft (the "Aircraft"), which as of the Delivery Date will
consist of the following components:

 

(i)          one
(1) Airbus model A321-200 airframe bearing manufacturer's serial number 6698 and Chilean registration mark CC-BEE;

 

    	 	- 1 -	 

     

    

 

(ii)         two
(2) CFM56-5B3/3 engines bearing manufacturer's serial numbers 569903 and 569901, respectively;

 

(iii)        all
the Parts from time to time installed on the Airframe; and

 

(iv)        the
Manuals and Technical Records.

 

2.          The
parties confirm that the Delivery Date for the Aircraft is 29 July 2015.

 

3.          The
parties confirm that the term for the Aircraft shall commence on the Delivery Date and end on 15 November 2027.

 

4.          The
"Series A Installment," "Series B Installment" and "Note Value" in respect of each Basic Rent Payment
Date are set forth on Schedules 1 and 2 hereto, respectively.

 

5.          The
parties confirm that the Initial Basic Rent Installment payable for the Aircraft is $8,690,433.

 

6.          All
of the terms and provisions of the Lease are hereby incorporated by reference in this Lease Supplement to the same extent as if
fully set forth herein.

 

7.          The
Lessee confirms that the nameplates and other markings required under Section 8(e) of the Lease have been affixed or will
be affixed within ten (10) days of the Delivery Date on the Aircraft.

 

8.          This
Lease Supplement may be executed by the parties hereto in separate counterparts, each of which when so executed and delivered shall
be an original, but all such counterparts shall together constitute but one and the same instrument.

 

9.          This
Lease Supplement shall be governed by, and construed in accordance with, the laws of the State of New York, United States of America.

 

    	 	- 2 -	 

     

    

 

IN WITNESS WHEREOF, the
Lessor and the Lessee have caused this Lease Supplement to be duly executed by their respective representatives hereunto duly authorized,
as of the date and year first above written.

 

	 	PARINA LEASING LIMITED
	 	 	 
	 	By:	/s/ Nina Moreno
	 	 	Name: Nine Moreno
	 	 	Title: Attorney-in-Fact
	 	 	 
	 	LATAM AIRLINES GROUP S.A.
	 	 	 
	 	By:	/s/ Nina Moreno
	 	 	Name: Nine Moreno
	 	 	Title: Attorney-in-Fact

 

    	 	- 3 -	 

     

    

 

In London, on _28 July____2015 before
I, ____Sebastian Lorenzini Aracenaappears NINA MORENO, nationality ___British______, passport number ____503043344__________.
The lease supplement between Parina Leasing Limited and LATAM Airlines Group S.A. in respect of the aircraft with MSN 6698 is being
entered into.

 

[Seal and stamp]

 

/s/ Sebastian Lorenzini Aracena

Cónsul de Chile

 

    	 	- 4 -	 

     

    

 

Receipt of this original counterpart No. 1
is acknowledged by:

 

	WILMINGTON TRUST COMPANY,	 
	not in its individual capacity, but solely as Loan Trustee	 
	 	 	 
	By:	/s/ Drew H. Davis	 
	 	Name: Drew H. Davis	 
	 	Title: Assistant Vice President	 
	 	 	 
	By:	 	 
	 	Name:	 
	 	Title:	 

 

Certain of the right, title and interest in
and to this Lease Supplement of the Lessor has been assigned to and is subject to a security interest in favor of Wilmington Trust
Company, as the Loan Trustee, under the Indenture. This Lease Supplement has been executed in several counterparts. To the extent,
if any, that this Lease Supplement constitutes chattel paper (as such term is defined in the Uniform Commercial Code or similar
legislation as in effect in any applicable jurisdiction), no security interest in this Lease Supplement may be created through
the transfer of possession of any counterpart other than the original. The counterpart to be deemed the original shall be the counterpart
that contains the receipt therefor executed by the Loan Trustee on the signature pages thereof, and no security interest in this
Lease Supplement may be perfected through the transfer of any counterpart other than said original counterpart. See the Lease for
information concerning the rights of the holders of the various counterparts hereof.

 

    	 	- 5 -	 

     

    

 

SCHEDULE 1 TO LEASE SUPPLEMENT MSN 6698

 

BASIC RENT INSTALLMENTS

 

	Basic Rent Payment Date	 	Series A Installment	 	 	Series B Installment	 
	 	 	 	 	 	 	 
	August 15, 2015	 	 	297,529.87	 	 	 	61,712.00	 
	November 15, 2015	 	 	352,338.00	 	 	 	73,080.00	 
	February 15, 2016	 	 	352,338.00	 	 	 	73,080.00	 
	May 15, 2016	 	 	2,033,265.90	 	 	 	841,954.04	 
	August 15, 2016	 	 	775,750.21	 	 	 	229,298.47	 
	November 15, 2016	 	 	2,271,075.86	 	 	 	103,792.40	 
	February 15, 2017	 	 	750,650.92	 	 	 	103,328.71	 
	May 15, 2017	 	 	745,975.41	 	 	 	102,865.02	 
	August 15, 2017	 	 	741,299.30	 	 	 	96,756.93	 
	November 15, 2017	 	 	736,622.58	 	 	 	225,524.65	 
	February 15, 2018	 	 	731,945.20	 	 	 	223,643.92	 
	May 15, 2018	 	 	727,267.16	 	 	 	221,762.84	 
	August 15, 2018	 	 	722,588.43	 	 	 	219,881.35	 
	November 15, 2018	 	 	717,908.97	 	 	 	217,999.52	 
	February 15, 2019	 	 	713,228.77	 	 	 	216,117.26	 
	May 15, 2019	 	 	749,515.24	 	 	 	214,234.60	 
	August 15, 2019	 	 	744,393.09	 	 	 	212,351.48	 
	November 15, 2019	 	 	739,269.94	 	 	 	210,467.94	 
	February 15, 2020	 	 	734,145.75	 	 	 	208,583.91	 
	May 15, 2020	 	 	729,020.49	 	 	 	206,699.40	 
	August 15, 2020	 	 	723,894.11	 	 	 	204,814.38	 
	November 15, 2020	 	 	718,766.54	 	 	 	202,928.84	 
	February 15, 2021	 	 	713,637.78	 	 	 	201,042.72	 
	May 15, 2021	 	 	708,507.75	 	 	 	199,156.03	 
	August 15, 2021	 	 	703,376.38	 	 	 	197,268.74	 
	November 15, 2021	 	 	698,243.64	 	 	 	195,380.83	 
	February 15, 2022	 	 	693,109.48	 	 	 	193,492.24	 
	May 15, 2022	 	 	687,973.80	 	 	 	191,602.99	 
	August 15, 2022	 	 	682,836.56	 	 	 	207,905.24	 
	November 15, 2022	 	 	677,697.70	 	 	 	242,182.84	 
	February 15, 2023	 	 	672,557.13	 	 	 	239,659.95	 
	May 15, 2023	 	 	667,414.79	 	 	 	291,686.35	 
	August 15, 2023	 	 	662,270.59	 	 	 	270,348.87	 
	November 15, 2023	 	 	657,124.44	 	 	 	1,143,923.71	 
	February 15, 2024	 	 	651,976.27	 	 	 	-	 
	May 15, 2024	 	 	646,825.98	 	 	 	-	 
	August 15, 2024	 	 	641,673.47	 	 	 	-	 
	November 15, 2024	 	 	636,518.63	 	 	 	-	 
	February 15, 2025	 	 	631,361.36	 	 	 	-	 
	May 15, 2025	 	 	626,201.55	 	 	 	-	 
	August 15, 2025	 	 	621,039.06	 	 	 	-	 
	November 15, 2025	 	 	615,873.79	 	 	 	-	 
	February 15, 2026	 	 	610,705.58	 	 	 	-	 
	May 15, 2026	 	 	605,534.29	 	 	 	-	 

 

     

     

    

 

	Basic Rent Payment Date	 	Series A Installment	 	 	Series B Installment	 
	 	 	 	 	 	 	 
	August 15, 2026	 	 	600,359.78	 	 	 	-	 
	November 15, 2026	 	 	595,181.88	 	 	 	-	 
	February 15, 2027	 	 	590,000.41	 	 	 	-	 
	May 15, 2027	 	 	584,815.21	 	 	 	-	 
	August 15, 2027	 	 	579,626.06	 	 	 	-	 
	November 15, 2027	 	 	9,302,907.56	 	 	 	-	 

 

     

     

    

 

SCHEDULE 2 TO LEASE SUPPLEMENT MSN 6698

 

NOTE VALUE

 

The Note Value payable under the Lease are
those amounts stated below, are exclusive of the Basic Rent expressed to be payable on the relevant Basic Rent Payment Date, and
are subject to adjustment in accordance with the provisions of the numbered paragraphs set out below.

 

	Delivery Date and Basic Rent Payment Dates	 	Note Value	 
	5/29/2015	 	 	40,052,000.00	 
	7/1/2015	 	 	40,052,000.00	 
	8/15/2015	 	 	40,052,000.00	 
	11/15/2015	 	 	40,052,000.00	 
	2/15/2016	 	 	40,052,000.00	 
	5/15/2016	 	 	37,602,198.06	 
	8/15/2016	 	 	36,996,267.81	 
	11/15/2016	 	 	35,014,032.06	 
	2/15/2017	 	 	34,531,840.55	 
	5/15/2017	 	 	34,049,694.32	 
	8/15/2017	 	 	33,573,238.83	 
	11/15/2017	 	 	32,967,662.88	 
	2/15/2018	 	 	32,362,162.94	 
	5/15/2018	 	 	31,756,740.84	 
	8/15/2018	 	 	31,151,398.51	 
	11/15/2018	 	 	30,546,137.88	 
	2/15/2019	 	 	29,940,961.01	 
	5/15/2019	 	 	29,294,902.53	 
	8/15/2019	 	 	28,648,942.27	 
	11/15/2019	 	 	28,003,082.73	 
	2/15/2020	 	 	27,357,326.49	 
	5/15/2020	 	 	26,711,676.24	 
	8/15/2020	 	 	26,066,134.74	 
	11/15/2020	 	 	25,420,704.86	 
	2/15/2021	 	 	24,775,389.58	 
	5/15/2021	 	 	24,130,191.97	 
	8/15/2021	 	 	23,485,115.22	 
	11/15/2021	 	 	22,840,162.63	 
	2/15/2022	 	 	22,195,337.63	 
	5/15/2022	 	 	21,550,643.77	 
	8/15/2022	 	 	20,887,892.52	 
	11/15/2022	 	 	20,188,906.94	 
	2/15/2023	 	 	19,490,081.52	 
	5/15/2023	 	 	18,736,870.47	 
	8/15/2023	 	 	18,002,027.62	 
	11/15/2023	 	 	16,390,849.15	 
	2/15/2024	 	 	15,910,976.80	 
	5/15/2024	 	 	15,431,216.08	 
	8/15/2024	 	 	14,951,570.38	 
	11/15/2024	 	 	14,472,043.24	 
	2/15/2025	 	 	13,992,638.33	 
	5/15/2025	 	 	13,513,359.48	 
	8/15/2025	 	 	13,034,210.69	 
	11/15/2025	 	 	12,555,196.11	 
	2/15/2026	 	 	12,076,320.09	 
	5/15/2026	 	 	11,597,587.16	 
	8/15/2026	 	 	11,119,002.05	 
	11/15/2026	 	 	10,640,569.69	 
	2/15/2027	 	 	10,162,295.26	 
	5/15/2027	 	 	9,684,184.15	 
	8/15/2027	 	 	9,206,242.02	 

 

     

     

    

 

1.          The
Note Value specified in this Schedule 2 is applicable only to the respective Basic Rent Payment Dates set out above in relation
to which it is specified.

 

2.          Where
the Note Value becomes payable on, and is required to be calculated as of, any date other than a Basic Rent Payment Date then the
Note Value in respect of such other date shall be an amount in Dollars equal to the amount set out above alongside the immediately
preceding Basic Rent Payment Date (or the Delivery Date, if the Note Value becomes payable prior to the first Basic Rent Payment
Date) plus interest thereon calculated at the rate of interest specified in Section 2.02 of the Indenture for the number of
days from and including such immediately preceding Basic Rent Payment Date (or the Delivery Date) to but excluding the date on
which such Note Value becomes payable and calculated on the basis of a 360 day year comprised of twelve 30-day months.Exhibit 4.13

 

THIS EQUIPMENT NOTE HAS NOT BEEN REGISTERED
PURSUANT TO THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT'"). OR PURSUANT TO THE SECURITIES LAWS OF ANY STATE
OR OTHER JURISDICTION. ACCORDINGLY, THIS EQUIPMENT NOTE MAY NOT BE OFFERED FOR SALE OR SOLD UNLESS EITHER REGISTERED UNDER THE
ACT AND SUCH APPLICABLE STATE OR OTHER LAWS OR EXEMPTIONS FROM SUCH REGISTRATION REQUIREMENTS ARE AVAILABLE. IN ADDITION, THIS
EQUIPMENT NOTE IS SUBJECT TO RESTRICTIONS ON TRANSFER PURSUANT TO THE PARTICIPATION AGREEMENT REFERRED TO HEREIN.

 

PARTNA LEASING LIMITED

SERIES 2015-1A-01 (6698) EQUIPMENT
NOTE DUE NOVEMBER 15, 2027

ISSUED IN CONNECTION WITH THE
AIRBUS MODEL A321-200 AIRCRAFT BEARING CHILEAN REGISTRATION NUMBER CC-BEE BEING LEASED TO LATAM AIRLINES GROUP S.A.

 

	No. l	Date: July 29, 2015	$33,556,000
	 	 	 
	DEBT RATE	 	MATURITY DATE
	4.200%	 	November 15, 2027

 

PARINA LEASING LIMITED (together with its
successors and permitted assigns, the “Owner”) hereby promises to pay to Wilmington Trust Company as Subordination
Agent, or the registered assignee thereof, the principal amount of thirty three million five hundred and fifty-six thousand Dollars
($33,556,000) in installments on the Payment Dates set forth in Schedule I hereto, each such installment to be in an amount set
forth in Schedule I hereto opposite the Payment Date on which such installment is due, and to pay, on each Payment Date, interest
in arrears on the principal amount remaining unpaid from time to time from the date hereof, or from the most recent date to which
interest hereon has been paid or duly provided for, until paid in full at a rate per annum (calculated on the basis of a year of
360 days comprised of twelve 30-day months) equal to the Debt Rate shown above as such Debt Rate may be changed from time to time
for such period(s), and in such amount(s) and circumstances, as provided in Section 2(d) of the relevant Registration Rights Agreement.
Notwithstanding the foregoing, the final payment made on this Equipment Note shall be in an amount sufficient to discharge in full
the unpaid principal amount and all accrued and unpaid interest on, and any other amounts due under, this Equipment Note. Notwithstanding
anything to the contrary contained herein, if any date on which a payment under this Equipment Note becomes due and payable is
not a Business Day, then such payment shall not be made on such scheduled date but shall be made on the next succeeding Business
Day with the same force and effect as if made on such scheduled date, and if payment is made on such next succeeding Business Day,
no interest shall accrue on the amount of such payment from and after such scheduled date.

 

     

     

    

  

For purposes hereof, the term “Indenture”
means the Indenture and Security Agreement (6698), dated as of July 29, 2015, between the Owner and Wilmington Trust Company, as
Loan Trustee (the “Loan Trustee”), as the same may be amended, supplemented or otherwise modified from time to time
in accordance with its terms. All capitalized terms used in this Equipment Note and not defined herein, unless the context otherwise
requires, shall have the respective meanings set forth or incorporated by reference, and shall be construed and interpreted in
the manner described, in the Indenture.

 

This Equipment Note shall bear interest,
payable on demand, at the Past Due Rate (and not the Debt Rate) (calculated on the basis of a year of 360 days comprised of twelve
30-day months) on any principal amount and (to the extent permitted by applicable law) Make-Whole Amount, if any, interest and
any other amounts payable hereunder not paid when due for any period during which the same shall be overdue, in each case for the
period the same is overdue. Amounts shall be overdue if not paid in the manner provided herein or in the Indenture when due (whether
at stated maturity, by acceleration or otherwise).

 

There shall be maintained an Equipment
Note Register for the purpose of registering transfers and exchanges of Equipment Notes at the Corporate Trust Office of the Loan
Trustee, or at the office of any successor trustee, in the manner provided in Section 2.07 of the Indenture.

 

The principal amount and interest and other
amounts due hereunder shall be payable in Dollars in immediately available funds at the Corporate Trust Office of the Loan Trustee,
or as otherwise provided in the Indenture. The Owner shall not have any responsibility for the distribution of any such payment
to the Noteholder of this Equipment Note. Each such payment shall be made on the date such payment is due and without any presentment
or surrender of this Equipment Note, except that in the case of any final payment with respect to this Equipment Note, this Equipment
Note shall be surrendered to the Loan Trustee for cancellation.

 

The holder hereof, by its acceptance of
this Equipment Note, agrees that, except as provided in the Indenture, including the subordination provisions referred to below,
each payment of an installment of principal amount, interest and Make-Whole Amount, if any, received by it hereunder shall be applied:
first, to the payment of accrued interest on this Equipment Note (as well as any interest on (i) any overdue
principal amount, and (ii) to the extent permitted by law, any overdue Make-Whole Amount, if any, any overdue interest and
any other overdue amounts hereunder) to the date of such payment; second, to the payment of Make-Whole Amount, if
any, with respect to this Equipment Note; third, to the payment of the principal amount of this Equipment Note (or
portion thereof) then due hereunder, if any; and fourth, the balance, if any, remaining thereafter to the payment
of installments of the principal amount of this Equipment Note (or portion thereof) remaining unpaid in the inverse order of their
maturity.

 

This Equipment Note is one of the Equipment
Notes referred to in the Indenture which have been or are to be issued by the Owner pursuant to the terms of the Indenture. The
Collateral is held by the Loan Trustee as security, in part, for the Equipment Notes. The provisions of this Equipment Note are
subject to the Indenture, the Related Indentures, the Participation Agreement, the other Financing Agreements and the Pass Through
Documents. Reference is hereby made to the Indenture, the Related Indentures, the Participation Agreement, the other Financing
Agreements and the Pass Through Documents for a complete statement of the rights and obligations of the holder of, and the nature
and extent of the security for, this Equipment Note (including as a “Related Equipment Note” under each Related Indenture)
and the rights and obligations of the holders of, and the nature and extent of the security for, any other Equipment Notes executed
and delivered under the Indenture, to all of which terms and conditions in the Indenture, the Related Indentures, the Participation
Agreement, the other Financing Agreements and the Pass Through Documents each holder hereof agrees by its acceptance of this Equipment
Note.

 

     

     

    

  

As provided in the Indenture and subject
to certain limitations therein set forth, this Equipment Note is exchangeable for an equal aggregate principal amount of Equipment
Notes of the same Series of different authorized denominations, as requested by the holder surrendering the same. Prior to the
due presentment for registration of transfer of this Equipment Note, the Owner and the Loan Trustee shall deem and treat the Person
in whose name this Equipment Note is registered on the Equipment Note Register as the absolute owner and holder hereof for the
purpose of receiving all amounts payable with respect to this Equipment Note and for all purposes, and neither the Owner nor the
Loan Trustee shall be affected by notice to the contrary.

 

This Equipment Note is subject to redemption
as provided in Section 2.10, Section 2.11 and Section 2.12 of the Indenture but not otherwise. In addition, this Equipment Note
may be accelerated as provided in Section 4.02 of the Indenture.

 

This Equipment Note is subject to certain
restrictions set forth in Section 4.01(a)(ii) and Section 4.01(a)(iii) of the Intercreditor Agreement, as further specified in
Section 2.07 of the Indenture, to all of which terms and conditions in the Intercreditor Agreement each holder hereof agrees by
its acceptance of this Equipment Note.

 

The holder hereof, by its acceptance of
this Equipment Note, agrees that no payment or distribution shall be made on or in respect of the Secured Obligations (as defined
in the Indenture) or the Secured Obligations (as defined in any Related Indenture) owed to such holder, including, without limitation,
any payment or distribution of cash, property or securities after the occurrence of any of the events referred to in Section 4.01(f)
of the Indenture or after the commencement of any proceedings of the type referred to in Section 4.01(g), Section 4.01(h) or Section
4.0 l(i) of the Indenture, except, in each case, as expressly provided in Article III of the Indenture or Article III of the applicable
Related Indenture, as appropriate.

 

The holder hereof, by its acceptance of
this Equipment Note, agrees to treat this Equipment Note as indebtedness for all U.S. federal, state and local income tax purposes.

 

The indebtedness evidenced by this Equipment
Note is, to the extent and in the manner provided in each Related Indenture, subordinate and subject in right of payment to the
prior payment in full under such Related Indenture of the “Secured Obligations” in respect of the “Equipment
Notes” issued under such Related Indenture, and this Equipment Note is issued subject to such provisions. The Noteholder
of this Equipment Note, by accepting the same, (a) agrees to and shall be bound by such provisions, (b) authorizes
and directs the Loan Trustee or the Related Loan Trustee under the applicable Related Indenture, as appropriate, on such Noteholder's
behalf to take any action necessary or appropriate to effectuate the subordination as provided in this Indenture or the applicable
Related Indenture and (c) appoints the Loan Trustee or the Related Loan Trustee under the applicable Related Indenture,
as appropriate, as such Noteholder's attorney-in-fact for such purpose.

 

Without limiting the foregoing, the Noteholder
of this Equipment Note, by accepting the same, agrees that if such Noteholder, in its capacity as a Noteholder, shall receive any
payment or distribution on any Secured Obligation in respect of this Equipment Note that it is not entitled to receive under Section
2.13 or Article III of the Indenture, it shall hold any amount so received in trust for the Loan Trustee and forthwith turn over
such amount to the Loan Trustee in the form received to be applied as provided in Article III of the Indenture.

 

Unless the certificate of authentication
hereon has been executed by or on behalf of the Loan Trustee by manual signature, this Equipment Note shall not be entitled to
any benefit under the Indenture or be valid or obligatory for any purpose.

 

     

     

    

  

THIS EQUIPMENT NOTE SHALL BE GOVERNED
BY AND CONSTRUED IN ACCORDANCE WITH THE LAW OF THE STATE OF NEW YORK, INCLUDING ALL MATTERS OF CONSTRUCTION, VALIDITY AND PERFORMANCE.

 

     

     

    

  

IN WITNESS WHEREOF, the Owner has caused
this Equipment Note to he executed in its corporate name by its officer thereunto duly authorized on the date hereof.

 

	 	PARINA
    LEASING LIMITED,
	 	 	 
	 	By:
    	/s/
    Pilar Duarte
	 		Name: 	Pilar Duarte
	 		Title:	Authorized Signatory

 

Equipment Note (Class A)

 

MSN6698

 

     

     

    

  

		LOAN TRUSTEE'S CERTIFICATE OF AUTHENTICATION

 

This is one of the Equipment Notes referred
to in the within-mentioned Indenture.

 

	 	WILMINGTON TRUST COMPANY,
	 	not in its individual capacity but solely as Loan Trustee
	 	 	 
	 	By:	/s/ Drew H. Davis
	 		Name: 	Drew H. Davis
	 		Title:	Assistant Vice PResent

 

     

     

    

  

SCHEDULE I

 

SERIES A EQUIPMENT NOTES

Airbus A321-200

6698

 

	Payment Date	 	Original Principal Amount
 To be Paid
	 
	 	 	 	 
	At Issuance	 	 	0	 
	May 15, 2016	 	 	1,680,927.90	 
	August 15, 2016	 	 	441,061.95	 
	November 15, 2016	 	 	1,941,018.75	 
	February 15, 2017	 	 	440.974.51	 
	May 15, 2017	 	 	440.929.23	 
	August 15, 2017	 	 	440.882.88	 
	November 15, 2017	 	 	440,835.43	 
	February 15, 2018	 	 	440,786.82	 
	May 15, 2018	 	 	440,786.82	 
	August 15, 2018	 	 	440,786.82	 
	November 15, 2018	 	 	440.633.80	 
	February 15, 2019	 	 	440,580.25	 
	May 15, 2019	 	 	481.492.81	 
	August 15, 2019	 	 	481.426.34	 
	November 15, 2019	 	 	481,358.16	 
	February 15, 2020	 	 	481.288.24	 
	May 15, 2020	 	 	481,216.50	 
	August 15, 2020	 	 	481.142.89	 
	November 15, 2020	 	 	481,067.33	 
	February 15, 2021	 	 	480,989.77	 
	May 15, 2021	 	 	480.910.13	 
	August 15, 2021	 	 	480,828.32	 
	November 15, 2021	 	 	480,744.28	 
	February 15, 2022	 	 	480,657.93	 
	May 15, 2022	 	 	480,569.16	 
	August 15, 2022	 	 	480.477.90	 
	November 15, 2022	 	 	480.384.06	 
	February 15, 2023	 	 	480.287.52	 
	May 15, 2023	 	 	480,188.20	 
	August 15, 2023	 	 	480,085.97	 
	November 15, 2023	 	 	479,980.73	 
	February 15, 2024	 	 	479.872.35	 
	May 15, 2024	 	 	479,760.72	 
	August 15, 2024	 	 	479,645.70	 
	November 15, 2024	 	 	479.527.14	 
	February 15, 2025	 	 	479.404.91	 
	May 15, 2025	 	 	479,278.85	 
	August 15, 2025	 	 	479,148.79	 
	November 15, 2025	 	 	479,014.58	 
	February 15, 2026	 	 	478,876.02	 
	May 15, 2026	 	 	478,732.93	 
	August 15, 2026	 	 	478,585.11	 
	November 15, 2026	 	 	478,432.36	 
	February 15, 2027	 	 	478,274.43	 
	May 15, 2027	 	 	478,111.11	 
	August 15, 2027	 	 	477,942.13	 
	November 15, 2027	 	 	9,206,242.02

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00258-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00258-of-00352.parquet"}]]