Common use of Prebuy Support Clause in Contracts

Prebuy Support. Savvy will provide Client with the following aircraft prebuy support services to assist Client in deciding whether to go forward with the purchase of the Aircraft: ● Perform a preliminary review of the maintenance records of the Aircraft to determine whether the aircraft has been well-maintained, to identify any specific focus areas of concern, and generally to assess whether the Aircraft appears to be a good purchase candidate that warrants going ahead with a formal prebuy examination. To facilitate this review, Client will be required to obtain electronic scans of the aircraft maintenance records in Adobe Portable Document Format (PDF) and make the file available to Savvy. ● Present any specific areas of concern to Client and discuss the significance of each to assist Client in the decision making process. ● Advise Client regarding the choice of an appropriately qualified maintenance facility (“Service Center”) at which a prebuy examination of the Aircraft may be performed (generally within one-hour’s flying time of the Aircraft’s home base of current location). ● Schedule a service appointment at the selected Service Center to accomplish the prebuy examination. ● Advise Client on the appropriate scope and detail of the prebuy examination, including specific focus areas of concern, and convey the agree-to scope and detail to the Service Center (generally in the form of a written checklist). ● Review the list of discrepancies prepared by the Service Center during the prebuy examination, together with cost-to-repair estimates for the discrepancies found, and on the basis of that review advise Client: i. Whether or not Savvy considers the Aircraft a good purchase candidate; ii. ▇▇▇▇▇▇▇ ▇▇▇▇▇ considers any of the listed discrepancies to be airworthiness discrepancies that warrant renegotiation of iii. Which listed discrepancies need to be rectified immediately in Savvy’s judgment, and which ▇▇▇▇▇ believes may be safely and prudently deferred until the next regularly scheduled maintenance appointment or annual inspection.

Prebuy Support. Savvy will provide Client with the following aircraft prebuy support services to assist Client in deciding whether to go forward with the purchase of the Aircraft: ● Perform a preliminary review of the maintenance records of the Aircraft to determine whether the aircraft has been well-maintained, to identify any specific focus areas of concern, and generally to assess whether the Aircraft appears to be a good purchase candidate that warrants going ahead with a formal prebuy examination. To facilitate this review, Client will be required to obtain electronic scans of the aircraft maintenance records in Adobe Portable Document Format (PDF) and make the file available to Savvy. ● Present any specific areas of concern to Client and discuss the significance of each to assist Client in the decision making process. ● Advise Client regarding the choice of an appropriately qualified maintenance facility (“Service Center”) at which a prebuy examination of the Aircraft may be performed (generally within one-hour’s flying time of the Aircraft’s home base of current location). ● Schedule a service appointment at the selected Service Center to accomplish the prebuy examination. ● Advise Client on the appropriate scope and detail of the prebuy examination, including specific focus areas of concern, and convey the agree-to scope and detail to the Service Center (generally in the form of a written checklist). ● Review the list of discrepancies prepared by the Service Center during the prebuy examination, together with cost-to-repair estimates for the discrepancies found, and on the basis of that review advise Client: i. Whether or not Savvy considers the Aircraft a good purchase candidate; ii. ▇▇▇▇▇▇▇ ▇▇▇▇▇ Whether Savvy considers any of the listed discrepancies to be airworthiness discrepancies that warrant renegotiation ofof the agreed-to selling price of the Aircraft; and iii. Which listed discrepancies need to be rectified immediately in Savvy’s judgment, and which ▇▇▇▇▇ Savvy believes may be safely and prudently deferred until the next regularly scheduled maintenance appointment or annual inspection.