ContractStore - Glider Ownership Syndicate Agreement

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A205 - Glider Ownership Agreement

Description and usage
Glider Ownership Agreement

This legal contract Agreement is for use by the joint owners of a glider or sailplane, who are already the owners or who intend to purchase one together to form a new syndicate.

This eight page contract contains 16 clauses covering

definitions
interpretation
background
terms of ownership of the glider
terms of ownership of the equipment
operational regulations
syndicate monies
formal meeting
pre-emption right
the option to purchase shares
owners’ liability and insurance
owners’ obligations
determination of the purchase price of a share in the glider and equipment
arbitration and law
change of ownership or address
notices

Schedules are included, allowing parties to set out details of ownership, equipment, regulation and events triggering option.

This agreement is for a situation when the glider is used for leisure, rather than commercial purposes.

What's in it? - See detailed Explanatory Notes below

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Glider Ownership Agreement

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You will find this contract in:

	Arts, Entertainment & Leisure
	Full Catalogue

You may also find these contracts of use:

A206	Boat Ownership Agreement
A220	Constitution of a Club

What's in it?

Whilst for obvious reasons we can't show you the actual item before you purchase it, we can do the next best thing. We show you the explanatory notes that go with each contract and, in the case of books and forms, a brief summary. These will give you a good idea of the content of the document before you buy it.

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