EFTA00283609

external released_correspondence publish-valid

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EFTA00283609
Reenstra and ASG represent and warrant that of the $250,000.00 per acquisition of remuneration received by the ASG Parties in connection with the acquisition by FAI of 667 and 750, with respect to one of those acquisitions the ASG Parties accepted $100,000.00 less in remuneration than otherwise would have ordinarily been payable. Reenstra and ASG further represent and warrant that, other than as stated in paragraph 2 above, no ASG Party received any discount, benefit, compensation, commission or other form of remuneration, whether directly or indirectly (e.g., through a separate transaction not involving the Subject Aircraft)
dossier finding_evidence Finding #10419
Reenstra and ASG acknowledge and agree that Reenstra, ASG and/or the affiliates thereof have received payment of the following remuneration in connection with the acquisition and subsequent sale of the Subject Aircraft by FAI (including when FAI was formerly known as Air Ghislaine, Inc. and Shmitka Air, Inc.): Acqusition by FAI of S-76C++, Serial No. 760667 $250,000.00; Sale by FAI of S-76C++, Serial No. 760667 $126,000.00; Acqusition by FAI of S-76C++, Serial No. 760750 $250,000.00; Sale by FAI of S-76C++, Serial No. 760750 $100,000.00; Sale by FAI of S-76C+, Serial No. 760472 $100,000.00; Total $826,000.00
dossier finding_evidence Finding #10422
Upon the execution and delivery of this Agreement by all of the parties hereto, in full and final payment of all amounts due and payable from FAI to the ASG Parties in connection with FAI's acquisition and subsequent sale of 742, FAI shall pay ASG and Reenstra the sum of $90,319 by wire transfer of said amount to the account of their affiliate, BAK Opportunities, LLC, in accordance with the following wire transfer instructions: Bank: Chase Bank 555 North Franklin Turnpike Ramsey, NJ 07446 ABA No.: 021000021 Account Name: BAK Opportunities LLC Account Number: 856500855
dossier finding_evidence Finding #10424
Reenstra and ASG represent and warrant that of the $250,000.00 per acquisition of remuneration received by the ASG Parties in connection with the acquisition by FAI of 667 and 750, with respect to one of those acquisitions the ASG Parties accepted $100,000.00 less in remuneration than otherwise would have ordinarily been payable. Reenstra and ASG further represent and warrant that, other than as stated in paragraph 2 above, no ASG Party received any discount, benefit, compensation, commission or other form of remuneration, whether directly or indirectly (e.g., through a separate transaction not involving the Subject Aircraft)
dossier finding_evidence Finding #10421