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Protocol to the Convention on International Interests in Mobile Equipment on Matters Specific to Aircraft Equipment
[Preamble]
Chapter I - Sphere of application and general provisions
Article I - Defined terms
Article II - Application of Convention as regards aircraft objects
Article III - Application of Convention to sales
Article IV - Sphere of application
Article V - Formalities, effects and registration of contracts of sale
Article VI - Representative capacities
Article VII - Description of aircraft objects
Article VIII - Choice of law
Chapter II - Default remedies, priorities and assignments
Article IX - Modification of default remedies provisions
Article X - Modification of provisions regarding relief pending final determination
Article XI - Remedies on insolvency
Article XII - Insolvency assistance
Article XIII - De-registration and export request authorisation
Article XIV - Modification of priority provisions
Article XV - Modification of assignment provisions
Article XVI - Debtor provisions
Chapter III - Registry provisions relating to international interests in aircraft objects
Article XVII - The Supervisory Authority and the Registrar
Article XVIII - First regulations
Article XIX - Designated entry points
Article XX - Additional modifications to Registry provisions
Chapter IV - Jurisdiction
Article XXI - Modification of jurisdiction provisions
Article XXII - Waivers of sovereign immunity
Chapter V - Relationship with other conventions
Article XXIII - Relationship with the Convention on the International Recognition of Rights in Aircraft
Article XXIV - Relationship with the Convention for the Unification of Certain Rules Relating to the Precautionary Attachment of Aircraft
Article XXV - Relationship with the UNIDROIT Convention on International Financial Leasing
Chapter VI - Final provisions
Article XXVI - Signature, ratification, acceptance, approval or accession
Article XXVII - Regional Economic Integration Organisations
Article XXVIII - Entry into force
Article XXIX - Territorial units
Article XXX - Declarations relating to certain provisions
Article XXXI - Declarations under the Convention
Article XXXII - Reservations and declarations
Article XXXIII - Subsequent declarations
Article XXXIV - Withdrawal of declarations
Article XXXV - Denunciations
Article XXXVI - Review Conferences, amendments and related matters
Article XXXVII - Depositary and its functions
[Post Provisions]
[Post Clauses (If any: Signed; Witnessed; Done; Authentic Texts; & Deposited Clauses)]
Annex - Form of Irrevocable De-Registration and Export Request Authorisation
Endnotes
Endnotes
Metadata
SiSU Metadata, document information
Manifest
SiSU Manifest, alternative outputs etc.
Protocol to the Convention on International Interests in Mobile Equipment on Matters Specific to Aircraft Equipment, UNIDROIT 2001
UNIDROIT
copy @ Lex Mercatoria
Chapter II - Default remedies, priorities and assignments
1. In the absence of a default within the meaning of Article 11 of the Convention, the debtor shall be entitled to the quiet possession and use of the object in accordance with the agreement as against:
(a) its creditor and the holder of any interest from which the debtor takes free pursuant to Article 29(4) of the Convention or Article XIV(1) of this Protocol, unless and to the extent that the debtor has otherwise agreed; and
(b) the holder of any interest to which the debtor's right or interest is subject pursuant to Article 29(4) of the Convention and Article XIV(1) of this Protocol, but only to the extent, if any, that such holder has agreed.
2. Nothing in the Convention or this Protocol affects the liability of a creditor for any breach of the agreement under the applicable law in so far as that agreement relates to an aircraft object.
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