Common use of Date Recognition Clause in Contracts

Date Recognition. In case a date recognition exclusion clause AVN 2000A or equivalent clause acceptable to insurers is contained or introduced into insurance coverage of LESSEE with respect to the Aircraft or otherwise, LESSEE must fulfill all requirements to enable insurers to write back the insurance cover in accordance with the date recognition limited coverage clause AVN 2001A (with respect to Hull and Aircraft Liability coverage) and AVN 2002A (with respect to non-Aircraft liability) or any equivalent clause with the same effect.

Appears in 2 contracts

Sources: Aircraft Lease Agreement, Aircraft Lease Agreement