Common use of Comprehensive Airline Liability and Property Damage Liability Insurance Clause in Contracts

Comprehensive Airline Liability and Property Damage Liability Insurance. The Lessee, at its own cost and expense, will maintain or cause to be maintained with respect to the Aircraft, comprehensive airline liability insurance including, without limitation, passenger legal liability and property damage liability insurance and cargo legal liability in such amounts, against such risks (including, without limitation, contractual liability and war risk and allied perils liability), with such retentions as the Lessee customarily maintains with respect to similar aircraft and engines which comprise the fleet of the Lessee (subject to the limitations set forth in Section 13.06 hereof), and with such insurers (which shall be insurers of recognized responsibility), and such insurance against such other risks as is usually carried by similar corporations engaged in the same or similar business and similarly situated as the Lessee and owning or operating aircraft and engines similar to the Aircraft and Engines; provided that in no event shall the limits of liability for all comprehensive airline liability insurance be less than the amount, per occurrence, as set forth on the insurance certificate delivered on the Delivery Date unless and only so long as the Aircraft is not operated and appropriate insurance for the Aircraft on the ground is maintained. The Lessee will also be required to maintain war risk insurance if the Aircraft is operated in a war zone if such insurance is available on commercially reasonable terms and if it is the custom for major international Air Carriers flying comparable routes to carry such insurance.

Comprehensive Airline Liability and Property Damage Liability Insurance. The Lessee, at its own cost and expense, will maintain or cause to be maintained with respect to the Aircraft, (i) comprehensive airline liability insurance including, without limitation, passenger legal and bodily injury liability and property damage liability insurance and cargo legal liability in such amounts, against such risks (including, without limitation, contractual liability and allied perils liability but excluding war risk and allied perils liabilityinsurance (except as required under the second sentence of this Section 13.01(a)), with such retentions as the Lessee customarily maintains with respect to similar aircraft and engines which comprise the fleet of the Lessee (subject to the limitations set forth in Section 13.06 hereof)) and on such terms and conditions (including coverage for cost of claims) as the Lessee customarily maintains with respect to aircraft and engines of the same type and model which comprise the fleet of the Lessee, and with such insurers (which shall be insurers of recognized responsibility), and ii) such insurance against such other risks as is usually carried by similar corporations engaged in the same or similar business and similarly situated as the Lessee and owning or operating aircraft and engines similar to the Aircraft and Engines; provided that in no event shall the limits of liability for all comprehensive airline liability such insurance be less than the amount, per occurrence, as set forth on the insurance certificate delivered on the Delivery Date unless and only so long as the Aircraft is not operated and appropriate all risk-ground insurance for the Aircraft on the ground is maintainedmaintained in the same manner and covering the same risks as is from time to time applicable to other aircraft owned or operated by the Lessee of the same type and model on the ground and not in operation. The Lessee will also be required to maintain war risk insurance only if the Aircraft is operated in a war zone if such or a recognized area of armed hostilities. All insurance is available on commercially reasonable terms required by this Section 13.01(a) shall be maintained with insurers of recognized reputation and if it is the custom for major international Air Carriers flying comparable routes to carry such insuranceresponsibility.

Comprehensive Airline Liability and Property Damage Liability Insurance. The Lessee, at its own cost and expense, will maintain or cause to be maintained with respect to the Aircraft, comprehensive airline liability insurance including, without limitation, passenger legal liability and property damage liability insurance and cargo legal liability in such amounts, against such risks (including, without limitation, contractual liability and war risk and allied perils liability), with such retentions as the Lessee customarily maintains with respect to similar aircraft and engines which comprise the fleet of the Lessee (subject to the limitations set forth in Section 13.06 hereof), and with such insurers (which shall be insurers of recognized responsibility), and such insurance against such other risks risks, as is usually carried by similar corporations engaged in the same or similar business and similarly situated as the Lessee and owning or operating aircraft and engines similar to the Aircraft and Engines; provided that in no event shall the limits of liability for all comprehensive airline liability insurance be less than the amount, per occurrence, as set forth on the insurance certificate delivered on the Delivery Date unless and only so long as the Aircraft is not operated and appropriate insurance for the Aircraft on the ground is maintained. The Lessee will also be required to maintain war risk insurance if the Aircraft is operated in a war zone or, in the Lessee's reasonable judgment, area of recognized hostilities, if such insurance is available on commercially reasonable terms and if it is the custom for major international Air Carriers flying comparable routes to carry such insurance.

Comprehensive Airline Liability and Property Damage Liability Insurance. The Lessee, at its own cost and expense, will maintain or cause to be maintained with respect to the Aircraft, comprehensive airline liability insurance including, without limitation, passenger legal liability and property damage liability insurance and cargo legal liability in such amounts, against such risks (including, without limitation, contractual liability and war risk and allied perils liability), with such retentions as the Lessee customarily maintains with respect to similar aircraft and engines which comprise the fleet of the Lessee (subject to the limitations set forth in Section 13.06 hereof), and with such insurers (which shall be insurers of recognized responsibility), and such insurance against such other risks risks, as is usually carried by similar corporations engaged in the same or similar business and similarly situated as the Lessee and owning or operating aircraft and engines similar to the Aircraft and Engines; provided that in no event shall the limits of liability for all comprehensive airline liability such insurance be less than the amount, per occurrence, as set forth on the insurance certificate delivered on the Delivery Date unless and only so long as the Aircraft is not operated and appropriate all risk-ground insurance for the Aircraft on the ground is maintainedmaintained in the same manner and covering the same risks as is from time to time applicable to other aircraft owned or operated by the Lessee on the ground and not in operation. The Lessee will also be required to maintain war risk insurance if the Aircraft is operated in a war zone or, in the Lessee's reasonable judgment, area of recognized hostilities, if such insurance is available on commercially reasonable terms and if it is the custom for major international Air Carriers flying comparable routes to carry such insurance.

Comprehensive Airline Liability and Property Damage Liability Insurance. The Lessee, at its own cost and expense, will maintain or cause to be maintained with respect to the Aircraft, comprehensive airline liability insurance including, without limitation, passenger legal liability and property damage liability insurance and cargo legal liability in such amounts, against such risks (including, without limitation, contractual liability and war risk and allied perils liability), with such retentions as the Lessee customarily maintains with respect to similar aircraft and engines which comprise the fleet of the Lessee (subject to the limitations set forth in Section 13.06 hereof), and with such insurers (which shall be insurers of recognized responsibility), and such insurance against such other risks as is usually carried by similar corporations engaged in the same or similar business and similarly situated as the Lessee and owning or operating aircraft and engines similar to the Aircraft and Engines; provided that in no event shall the limits of liability for all comprehensive airline liability insurance be less than the amount, per occurrence, as set forth on the insurance certificate delivered on the Delivery Date unless and only so long as the Aircraft is not operated and appropriate insurance for the Aircraft on the ground is maintainedmaintained in the same manner and covering the same risks as is from time to time applicable to other aircraft owned or operated by the Lessee on the ground and not in operation. The Lessee will also be required to maintain war risk insurance if the Aircraft is operated in a war zone if such insurance is available on commercially reasonable terms and if it is the custom for major international Air Carriers flying comparable routes to carry such insurance.

Comprehensive Airline Liability and Property Damage Liability Insurance. The Lessee, at its own cost and expense, will maintain or cause to be maintained with respect to the Aircraft, comprehensive airline liability insurance including, without limitation, passenger legal liability and property damage liability insurance and cargo legal liability in such amounts, against such risks (including, without limitation, contractual liability and war risk and allied perils liability), with such retentions as the Lessee customarily maintains with respect to similar aircraft and engines which comprise the fleet of the Lessee (subject to the limitations set forth in Section 13.06 hereof), and with such insurers (which shall be insurers of recognized responsibility), and such insurance against such other risks as is usually carried by similar corporations engaged in the same or similar business and similarly situated as the Lessee and owning or operating aircraft and engines similar to the Aircraft and Engines; provided that in no event shall the limits of liability for all comprehensive airline liability insurance be less than the amount, per occurrence, as set forth on the insurance certificate delivered on the Delivery Lease Commencement Date unless and only so long as the Aircraft is not operated and appropriate insurance for the Aircraft on the ground is maintainedmaintained (which insurance shall automatically increase to the above amounts if the Aircraft is operated). The Lessee will also be required to maintain war risk insurance if the Aircraft is operated in a war zone or, in the Lessee's reasonable judgment, area of recognized hostilities, if such insurance is available on commercially reasonable terms and if it is the custom for major international Air Carriers flying comparable routes to carry such insurance.