Common use of Continuing Indemnity Clause in Contracts

Continuing Indemnity. (a) Lessor may require Lessee to effect and to maintain insurance after the Expiry Date with respect to its liability under the indemnities in Clause 10 for such period as the Lessor may reasonably require (but in any event not more than three years) providing for each Indemnitee to be named as additional insured. (b) Lessee's obligation under this Clause 9.5 shall not be affected by the Lessee ceasing to be lessee of the Aircraft or any of the Indemnitees ceasing to have any interest in respect of the Aircraft, and upon a Transfer pursuant to Clause 14.2 Lessee shall continue to name the Indemnitees as additional insureds under the Insurance policies covered by Clause 1(d) of Schedule 5 for three years after the Transfer date.