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The Aircraft Purchase Agreement is essential for documenting the sale and transfer of aircraft ownership in Belgium. It is used when parties wish to execute an aircraft transaction under Belgian jurisdiction, which provides the advantage of established European Union aviation frameworks and strong commercial law principles. The agreement must comply with Belgian Civil Code requirements, EU aviation regulations, and international aviation treaties such as the Cape Town Convention. It typically includes comprehensive details about the aircraft, purchase terms, technical specifications, warranties, and regulatory compliance requirements. This document type is particularly important given the high-value nature of aircraft transactions and the complex regulatory environment in Belgian and EU aviation markets.

1. Parties: Identification of seller and buyer, including full legal names, registration details, and addresses

2. Background: Recitals explaining the context of the sale and basic information about the aircraft

3. Definitions: Definitions of key terms used throughout the agreement

4. Sale and Purchase: Core agreement for the sale and purchase of the aircraft, including basic description and price

5. Purchase Price and Payment Terms: Detailed breakdown of purchase price, payment schedule, deposit requirements, and payment methods

6. Conditions Precedent: Conditions that must be satisfied before the sale can complete

7. Pre-Delivery Inspection: Rights and procedures for aircraft inspection before delivery

8. Delivery and Transfer of Title: Process for aircraft delivery, transfer of title, and risk

9. Seller's Representations and Warranties: Warranties regarding aircraft condition, ownership, and absence of encumbrances

10. Buyer's Representations and Warranties: Warranties regarding authority to purchase and compliance with regulations

11. Closing Procedures: Detailed steps for completing the transaction

12. Registration and Deregistration: Requirements and procedures for aircraft registration transfer

13. Taxes and Costs: Allocation of taxes, fees, and transaction costs

14. Indemnification: Mutual indemnification provisions

15. Termination: Circumstances allowing contract termination and consequences

16. Governing Law and Jurisdiction: Choice of Belgian law and jurisdiction provisions

17. General Provisions: Standard boilerplate clauses including notices, amendments, and severability