Aircraft Terms and conditions AF06/25

This is the official AeroFinancialFSE document related to the terms and conditions of your financing.

Please check the name of these terms and conditions, as there are different variations, depending on the type of financing, agreements or changes. On your internal web page you will have an access to this document, indicating the reference name at the beginning of this documentation.

First of all, we want to make it clear that this is not a legal agreement. It is a fictitious document related to a game called fseconomy.net so it has no legal use.

leurosoperator.ovh belongs to a user on www.fseconomy.net belongs to a user of the website www.fseconomy.net that belongs to an economic simulation game for flight simulators. In no way do they relate to any real world business, nor does any content on this website constitute a real world business offer. This is a website belonging to a natural person, in the exercise of a purely personal and domestic activity.

When you initiate a financing with us, these terms and conditions are accepted at the time the financing is initiated.

As there are different types of financing, agreements or exceptions, in your internal area, you will have a section with “additional information” where you can indicate more terms and conditions or change some terms explained here. That section will always be given priority in terms and conditions.

FBO Financing:

• We purchase the FBO and for the duration of the financing, AeroFinancialFSE will own that FBO. The FBO will be placed on lease every door for a price approximating the cost of 1 month’s supplies. Upon completion of the payment of all requested fees by us, the FBO will be sold for $1.00 to obtain the ownership of the FBO and we will transfer to you all the money accumulated in the group for the profit obtained from fuel, repairs and fees and also the materials accumulated in the FBO will be delivered to you.
• At the beginning of the financing a downpayment is agreed upon, which we will always explain to you at the beginning of the financing. The downpayment is a guarantee of payment that in the event that you do not comply with the terms indicated in this document, we will withdraw your access to the FBO and all the capitals that you have delivered to us will not be returned including the downpayment and the materials that the FBO has will not be returned to the user.

This downpayment can be cash, aircraft or other FBOS (according to the agreement indicated at the beginning of the financing). In case it is not money, this downpayment will be delivered in property so that we always have a “guarantee of payment”.

• The user requesting the financing is obliged to pay the capitals indicated at the beginning of the financing. This is a fixed amount of money that is calculated at the beginning of the financing. The payments must be made before the dates indicated by us.
• The user requesting the financing will be obliged to pay the mandatory supplies imposed by the fseconomy system. The fbo must have at least 1 month of supplies in the period of the financing installment (1 month).

This payment of these supplies can be done in three different ways, if the doors are rented, it is not necessary to make any payment, since with these costs the supplies will be paid. If the doors are NOT rented, the user will have to pay the supplies on the 2nd of each month and transfer the money to the group. Another way to pay the mandatory supplies is to transfer these materials directly to the group.

• In the event that the financing payment is not made, the financing remains in an “unpaid” status for 30 days after the date indicated but the FBO must always have supplies to continue with the operations of that FBO. If payment is made within this “unpaid” period, the FBO may recover the FBO, as long as it complies with the above requirements and pays all unpaid principal amounts. This period of non-payment can only be made once during the financing. The guarantee of always having supplies in the financed FBO must be fulfilled, in case there are no supplies to continue with the operations of the FBO, the financing will be terminated at that very moment and the FBO will be seized and all the capital delivered will not be returned.
• In the event that the non-payment continues +30 days, but the FBO has supplies available, the financing will be terminated, and the FBO and the capital delivered will not be returned including the downpayment and the materials available to the FBO.
• All expenses incurred by the FBO are the responsibility of the user. This includes supplies (at least 1 month margin of 1 month between downpayments), fuel, building materials. The money obtained in the form of “profit” for these materials either from their sale or from land fees, will be stored in the group. This money will be used to purchase materials requested by the user or the accumulated money will be returned to the owner at the time of full payment of the financing. In case of non-payment of the financing this stored money will not be returned to the user including the materials stored in the FBO.
• Upon delivery of the FBO with the rental doors, the user may modify the FBO as he/she wishes.
• The user may ask AeroFinancialFSE to modify the costs of materials, fuel and repairs as he wishes. The user may request this change up to 5 times during the entire financing period.
• Payment reminders are notices that we will send you within 7 days of the dates indicated.