Frontier Airlines 2011 Annual Report Download - page 137
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5.9 Proprietary Interest
Notwithstanding any provision of law to the contrary, the Buyer will not, by virtue of anything contained in this Agreement (including,
without limitation, any Predelivery Payments hereunder, or any designation or identification by the Seller of a particular aircraft as an
Aircraft to which any of the provisions of this Agreement refers) acquire any proprietary, insurable or other interest whatsoever in any
Aircraft before Delivery of and payment for such Aircraft, as provided in this Agreement.
5.10 Payment in Full
The Buyer’s obligation to make payments to the Seller hereunder will not be affected by and will be determined without regard to any
setoff, counterclaim, recoupment, defense or other right that the Buyer may have against the Seller or any other person and all such
payments will be made without deduction or withholding of any kind. The Buyer will ensure that the sums received by the Seller under
this Agreement will be equal to the full amounts expressed to be due to the Seller hereunder, without deduction or withholding on
account of and free from any and all taxes, levies, imposts, duties or charges of whatever nature, except that if the Buyer is compelled
by law to make any such deduction or withholding the Buyer will pay such additional amounts to the Seller as may be necessary so that
the net amount received by the Seller after such deduction or withholding will equal the amounts that would have been received in the
absence of such deduction or withholding.
5.11 Other Charges
Unless expressly stipulated otherwise, any charges due under this Agreement other than those set out in Clauses 5.3 and 5.8 will be paid
by the Buyer at the same time as payment of the Balance of the Final Price or, if invoiced, [] after the invoice date.
[*]
6 - MANUFACTURE PROCEDURE - INSPECTION
6.1 Manufacture Procedures
The Airframe will be manufactured in accordance with the requirements of the laws of the jurisdiction of incorporation of the Seller or
of its relevant Affiliate as enforced by the Aviation Authority of such jurisdiction.
6.2 Inspection
6.2.1 The Buyer or its duly authorized representatives (the “ Buyer’s Inspector(s)”) will be entitled to inspect the manufacture of the
Airframe and all materials and parts obtained by the Seller for the manufacture of the Airframe (the “ Inspection”) on the following
terms and conditions;
* Confidential