Common use of POS Clause in Contracts

POS. / Current Location Pos. 1 / Time Since Last Overhaul Pos. 1 / EGT Margin Pos. 1 Pos. 2 / Flight Hours during prior Determination Period Pos. 1 Pos. 2 / Cycles during prior Determination Period Pos. 1 Pos. 2 ----------------------------------------------------------------------- ------------------------- ------------------ INCIDENTS OF DAMAGE OR LOSS ----------------------------------------------------------------------- ------------------------- ------------------ Comment Date ======================================================================= ========================= ================== EXHIBIT E FORM OF IRREVOCABLE LETTER OF CREDIT -------------------------------------------------------------------------------- IRREVOCABLE STANDBY LETTER OF CREDIT NO. PLACE AND DATE OF ISSUE: ___________ -------------------------------------------------------------------------------- BENEFICIARY: APPLICANT: [LESSOR] CSI Aviation Services [address] -------------------------------------------------------------------------------- EXPIRY DATE/PLACE: AVAILABLE AT/BY: Expires on the second anniversary of the date Our office only by presentation of issue ofthis credit. For presentation at of document(s) required and your our office. draft(s) drawn at sight. -------------------------------------------------------------------------------- AMOUNT OF CREDIT: Not to exceed, in the aggregate US dollars 250,000 (two hundred fifty thousand US dollars) -------------------------------------------------------------------------------- RE: ONE ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ DC-9-SERIES 82 AIRCRAFT MANUFACTURER'S SERIAL NUMBER 48039 --------------------------------------------------------------------------------

POS. / Current Location Pos. 1 / Time Since Last Overhaul Pos. 1 / EGT Margin Pos. 1 Pos. 2 / Flight Hours during prior Determination Period Pos. 1 Pos. 2 / Cycles during prior Determination Period Pos. 1 Pos. 2 ----------------------------------------------------------------------- ------------------------- ------------------ INCIDENTS OF DAMAGE OR LOSS ----------------------------------------------------------------------- ------------------------- ------------------ Comment Date ======================================================================= ========================= ================== EXHIBIT E FORM OF IRREVOCABLE LETTER OF CREDIT -------------------------------------------------------------------------------- IRREVOCABLE STANDBY LETTER OF CREDIT NO. PLACE AND DATE OF ISSUE: ___________ -------------------------------------------------------------------------------- BENEFICIARY: APPLICANT: [LESSOR] CSI Aviation Services [address] -------------------------------------------------------------------------------- EXPIRY DATE/PLACE: AVAILABLE AT/BY: Expires on the second anniversary of the date Our office only by presentation of issue ofthis credit. For presentation at of document(s) required and your our office. draft(s) drawn at sight. -------------------------------------------------------------------------------- AMOUNT OF CREDIT: Not to exceed, in the aggregate US dollars 250,000 (two hundred fifty thousand US dollars) -------------------------------------------------------------------------------- RE: ONE ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ DC-9-SERIES 82 AIRCRAFT MANUFACTURER'S SERIAL NUMBER 48039 48038 --------------------------------------------------------------------------------