The Civil Aviation Authority ('CAA')1 or a person approved by the CAA for that purpose, must issue in respect of any non-EASA aircraft2 registered in the United Kingdom3 a national permit to fly4 if it is satisfied that the aircraft is fit to fly having regard to the airworthiness of the aircraft and the conditions to be attached to the permit5. However, the CAA or a person approved by the CAA for that purpose must refuse to issue a national permit to fly in respect of a non-EASA aircraft registered in the United Kingdom if it appears to the
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This Practice Note examines why parties involved in a construction project may enter into an escrow agreement (or escrow deed) to set up an escrow account. It looks at the benefits of paying funds into escrow, how an escrow account operates and the provisions typically found in an escrow
This Practice Note is an archive of news from the Loan Market Association (LMA) on LMA documentation and related topics. It covers LMA updates from early 2013 to January 2016. For the latest LMA developments since January 2016, see Practice Note: Loan Market Association (LMA)—latest news on
Express and implied contractual terms distinguishedContractual terms may be either express or implied:•express terms—are terms which are actually recorded in a written contract or openly expressed in an oral contract at the time the contract is made (or there may be a combination of written and oral
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