PPRuNe Forums - View Single Post - Help - My 'Plane share' is going wrong
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Old 8th Jun 2007, 03:05
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Romulus
 
Join Date: Feb 2007
Location: Melbourne
Age: 57
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Times like these a "Savoy" clause s pretty helpful. Principle is pretty basic, if party A wishes to buy party B out then A nominates the price they are willing pay. Party B then has 30 days (or whatever timeframe is agreed) to match that offer and buy Party A out or if Party B chooses not to do so then Party B must sell to Party A at the nominated price.

No perfect, particularly if there is a monetary imbalanc ebetween the partners, but a reasonable way of ensuring both parties think the price is fair.

Equally if you keep the partnership going I'd be asking for costs associated with ferrying.
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