9.3 Defaults.

9.3.1 Seller’s Default. In the proceedings Seller fails to hand over the
Aircraft to Purchaser on the Closing date and in conformity with
the terms and conditions of this Agreement, Purchaser shall have
the option to break off this Agreement by written notice to Seller.
If Purchaser select to break off this Agreement under this Article
9.3.1, the prepayment ( together with any other amounts paid by
Purchaser to the Seller under or in connection with this Agreement)
shall straight away be return to Purchaser.

9.3.2 Purchaser’s Default. In the proceedings Purchaser fails to receive

delivery of the Aircraft and pay the Purchase payment to Seller in
conformity with the terms and conditions of this Agreement, and
on condition that Seller is not in infringement or default of this
Agreement and Purchaser has received the Aircraft in conformity
with Article 3.4.1, Seller shall have the choice to break off this
Agreement by written notice to Purchaser. If Seller select to break
off this Agreement under this Article 9.3.2, the Seller shall have the
right to keep the prepayment, and this Agreement shall be of no
further effort or result. Other than prepayments deposited by
Purchaser with the Seller shall, however, instantly be refunded to
Purchaser by Seller as the case maybe. Seller admits and represents
that the prepayment kept in accordance with this Article 9.3.2 is an
 acceptable payment for the damages that would be obtained by
Seller in the proceedings Purchaser defaults on Purchaser’s
responsibility under this Agreement. Seller’s right to accept the
pre payment shall be the one and only remedy convenient to
Seller in the proceedings Purchaser defaults on Purchaser’s
responsibility under this Agreement, and Seller waives every other
remedies at law or in equity that may be available to Seller.

9.4 Amendments. The terms of this Agreement may not be repealed ,

changed, modified, expanded or terminated in any way, except by a written
Agreement signed by both parties.

9.5 Severability. Any arrangement of this Agreement that will be decided by

Competent authority to be prohibited or unenforceable in any jurisdiction
might,as to such jurisdiction, be ineffectual to the degree of such disallowance or
unforceability without invalidating the remaining arrangements in this regard, and
any such denial or unforceability in any jurisdiction might not invalidate or render
unenforceable such arrangement in any other jurisdiction.