AVN67B Clause Samples
The AVN67B clause is an aviation insurance endorsement that modifies the standard war, hijacking, and other perils exclusion in aviation policies. It typically outlines specific circumstances under which coverage for war-related risks, such as acts of terrorism, sabotage, or hijacking, may be reinstated or excluded, depending on the agreement between the insurer and the insured. For example, it may allow limited coverage for certain war risks subject to additional premiums or specific conditions. The core function of AVN67B is to clarify and manage the allocation of risk for extraordinary perils in aviation insurance, ensuring both parties understand the extent of coverage and any exceptions related to war and similar hazards.
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AVN67B. Notwithstanding the provisions of this Lease, for so long as Airline Finance/Lease ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ is in effect and it remains the general aviation insurance market practice to insure equipment financed or leased on the basis of such endorsement, the Lessee may maintain insurances in respect of the Aircraft for the purposes of this Lease which incorporate the terms and conditions of AVN67B. To the extent any provision of AVN67B conflicts or is otherwise inconsistent with the requirements of this Lease, then such AVN67B endorsement will be deemed to satisfy the relevant requirements of this Lease. An insurance certificate in the form of AVN67B will be deemed to satisfy the requirements of this Lease.
AVN67B. Sublessee shall provide, or shall ensure that its Insurance Broker provides, insurance certificates evidencing insurance required to be maintained pursuant to this Sublease. Where the provisions of AVN67B (or any replacement endorsement) are in conflict or inconsistent with the insurance provisions of this Sublease, then AVN67B (or any replacement endorsement) shall prevail.
AVN67B. Notwithstanding the provisions of this Schedule 9, for so long as Airline Finance/Lease ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ is in effect and it remains the general aviation insurance market practice to insure equipment financed or leased on the basis of such endorsement, the Lessee may maintain insurances in respect of the Aircraft for the purposes of this Agreement which incorporate the terms and conditions of AVN67B. To the extent any provision of AVN67B conflicts or is otherwise inconsistent with the requirements of this Schedule 9, then such AVN67B endorsement will prevail. An insurance certificate in the form of AVN67B will be deemed to satisfy the requirements of this Schedule 9. – 144 – Aircraft MSN 38891 – 145 – Aircraft MSN 38891 – 146 – Aircraft MSN 38891 – 147 – Aircraft MSN 38891 – 148 – Aircraft MSN 38891 – 149 – Aircraft MSN 38891 – 150 – Aircraft MSN 38891 – 151 – Aircraft MSN 38891 – 152 – Aircraft MSN 38891
AVN67B. Notwithstanding the provisions of this Schedule 8, for so long as Airline Finance/Lease ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ or AVN67C is in effect and it remains the general aviation insurance market practice to insure equipment financed or leased on the basis of such endorsement, the Lessee may maintain insurances in respect of the Aircraft for the purposes of this Agreement which incorporate the terms and conditions of AVN67B or AVN67C (as applicable). To the extent any provision of AVN67B conflicts or is otherwise inconsistent with the requirements of this Schedule 8, then such AVN67B endorsement will be deemed to satisfy the relevant requirements of this Agreement. An insurance certificate in the form of AVN67B or AVN67C (as applicable) will be deemed to satisfy the requirements of this Schedule 8.