Facebook pixel

Summary of the Meeting of the Board of Directors

Thursday, December 26, 2002
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Monday, April 21, 2003

SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
DECEMBER 26, 2002

Item No. 1 Minutes of November 7, 2002 Board Meeting to be approved.
Board Decision: APPROVED

Item No. 2 Minutes of November 14, 2002 Board Meeting to be approved.
Board Decision: APPROVED

Item No. 3 Minutes of November 21, 2002 Board Meeting to be approved.
Board Decision: APPROVED

Item No. 4 Minutes of December 5, 2002 Board Meeting to be approved.
Board Decision: APPROVED

Item No. 5 Minutes of December 12, 2002 Board Meeting to be approved.
Board Decision: APPROVED

Item No. 6 Minutes of December 19, 2002 Board Meeting to be approved.
Board Decision: APPROVED

Item No. 7
Country SOUTH AFRICA AP079069XX
Request for FINAL COMMITMENT
Applicant SAFAIR LEASE FINANCE (PTY) LTED, EDENVALE, GAUTENG 1609 SOUTH AFRICA
Borrower SPC/SAFAIR LEASE FINANCE LTD, EDENVALE, GAUTENG 1609 SOUTH AFRICA
Guarantor NONE
Buyer SPC/SAFAIR LEASE FINANCE LTD, EDENVALE, GAUTENG 1609 SOUTH AFRICA
End-user SOUTH AFRICAN AIRWAYS, JOHANNESBURG, 2000 SOUTH AFRICA
Exporter BOEING COMPANY, THE, RENTON WA
Supplier BOEING COMPANY, THE, RENTON WA
Supplier CFM INTERNATIONAL INC, CINCINNATI OH
Gteed Lender IMPERIAL BANK LIMITED, ELMA PARK, EDENVALE 1610 SOUTH AFRICA
Lessor SPC/SAFAIR LEASE FINANCE LTD, EDENVALE, GAUTENG 1609 SOUTH AFRICA
Lessee SAFAIR LEASE FINANCE (PTY) LTED, EDENVALE, GAUTENG 1609 SOUTH AFRICA
Cofin ECA None
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Repayment Term 9.5 YEARS
Board Decision APPROVED

ITEM NO 8
Country MOROCCO AP077915XX
Request for FINAL COMMITMENT
Applicant ROYAL AIR MAROC, CASABLANCA MOROCCO
Borrower SPV/ROYAL AIR MAROC, CASABLANCA MOROCCO
Guarantor NONE
Buyer SPV/ROYAL AIR MAROC, CASABLANCA MOROCCO
End-user ROYAL AIR MAROC, CASABLANCA MOROCCO
Exporter THE BOEING COMPANY, RENTON WA
Supplier THE BOEING COMPANY, RENTON WA
Supplier CFM INTERNATIONAL INC, CINCINNATI OH
Gteed Lender BNP PARIBAS, 75031 PARIS CEDEX 01 FRANCE
Lessor SPV/ROYAL AIR MAROC, CASABLANCA MOROCCO
Lessee ROYAL AIR MAROC, CASABLANCA MOROCCO
Cofin ECA None
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Repayment Term 12 YEARS
Board Decision APPROVED

>

MEETING OF BOARD OF DIRECTORS