Common use of Regulatory Environment Clause in Contracts

Regulatory Environment. The statements in the Registration Statement, the General Disclosure Package and the Prospectus under the headings “Risk Factors—Risks Related to AerSale’s Business and Industry—The coronavirus pandemic has had a material adverse impact on our business, operating results, financial condition, and liquidity, and the duration and extent of the pandemic could prolong or increase the adverse impact,” “—We are subject to significant government regulation and may need to incur significant expenses to comply with new or more stringent government regulation,” “—We are subject to unique business risks as a result of supplying equipment and services to the U.S. government directly and as a subcontractor, which could lead to a reduction in our net sales from, or the profitability of our supply arrangements with, the U.S. government,” “—We must comply with extensive environmental requirements, and any exposure to environmental liabilities may adversely affect us,” “—We are subject to certain limitations on employee compensation pursuant to the CARES Act,” “Business—Government Regulation,” and “—Environmental Matters” fairly summarize the matters therein described.