Deductibles; Self-insurance Sample Clauses

Deductibles; Self-insurance. The Owner may self-insure by way of deductible, premium adjustment or franchise provisions or otherwise (including, with respect to insurance maintained pursuant to Section B, insuring for a maximum amount which is less than the Debt Balance) in the insurance covering the risks required to be insured against pursuant to Section 4.06 and this Annex B under a program applicable to all aircraft in the Owner’s fleet, but in no case shall the aggregate amount of self-insurance in regard to Section 11 and this Annex B exceed during any policy year, with respect to all of the aircraft in the Owner’s fleet (including, without limitation, the Aircraft), the lesser of (a) 50% of the largest replacement value of any single aircraft in the Owner’s fleet and (b) 1-1/2% of the average aggregate insurable value (during the preceding policy year) of all aircraft (including, without limitation, the Aircraft) on which the Owner carries insurance, unless an insurance broker of national standing shall certify that the standard among all other major U.S. airlines is a higher level of self-insurance, in which case the Owner may self-insure to such higher level. In addition, the Owner (and any Permitted Lessee) may self-insure to the extent of any applicable deductible per aircraft that does not exceed industry standards for major U.S. airlines. EXHIBIT A TO TRUST INDENTURE AND SECURITY AGREEMENT TRUST INDENTURE AND SECURITY AGREEMENT SUPPLEMENT This TRUST INDENTURE AND SECURITY AGREEMENT SUPPLEMENT NO. , dated [ , ] (herein called this “Trust Indenture Supplement”) of US AIRWAYS, INC., as Owner (the “Owner”).
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Deductibles; Self-insurance. Any deductible and/or self-insurance amount (other than standard market deductibles) are to be disclosed and agreed by Boeing.
Deductibles; Self-insurance. Where any loss is covered by insurance required by this Facilities Lease which contains provisions for any deductible amount, the Party contractually obligated to provide such insurance shall pay any such deductible amount or the amount of any self-insurance, except if loss is caused by the other party, or its other contractors, subcontractors or suppliers.
Deductibles; Self-insurance. The Company may self-insure by way of deductible, premium adjustment or franchise provisions or otherwise in the insurance covering the risks required to be insured against pursuant to this Annex B in such amounts as shall be consistent with its normal practices. [B Mortgage and Security Agreement] EXHIBIT A FORM OF B MORTGAGE SUPPLEMENT This B MORTGAGE SUPPLEMENT NO. , dated , 20 (herein called this “B Mortgage Supplement”) of UNITED AIR LINES, INC., as the borrower (the “Company”).
Deductibles; Self-insurance. The Owner may self-insure by way of deductible, premium adjustment or franchise provisions or otherwise in the insurance covering the risks required to be insured against pursuant to this Annex A in such amounts as shall be consistent with normal industry practice.
Deductibles; Self-insurance. The Company may self-insure with respect to an Aircraft to the same extent as it does with respect to, or maintain policies with deductibles or premium adjustment provisions consistent with similar provisions applicable to, other comparable aircraft operated by the Company; provided, however, that in the case of hull insurance, such self-insurance shall in no event exceed $150,000,000 per policy year with respect to an Aircraft and all other comparable aircraft operated by the Company, taken together; and provided further that, in the case of public liability insurance, such self-insurance shall in no event exceed $150,000,000 per policy year.
Deductibles; Self-insurance. Borrower may self-insure by way of deductible, premium adjustment or franchise provisions or otherwise (including, with respect to insurance maintained pursuant to Section B, insuring for a maximum amount which is less than the applicable Agreed Value) in the insurance covering the risks required to be insured against pursuant to Section 3.06 and this Annex B under a program applicable to all aircraft in Borrower’s fleet, but in no case shall the aggregate amount of self-insurance in regard to Section 3.06 and this Annex B exceed during any policy year, with respect to all of the aircraft in Borrower’s fleet (including, without limitation, the Aircraft, Airframes and Engines), the lesser of (a) 100% of the largest replacement value of any single aircraft in Borrower’s fleet and (b) 1-1/2% of the average aggregate insurable value (during the preceding policy year) of all aircraft, airframes and engines (including, without limitation, the Aircraft, Airframes and Engines) on which Borrower carries insurance, unless an insurance broker of national standing shall certify that the standard among all other major U.S. airlines is a higher level of self-insurance, in which case Borrower may self-insure to such higher level. In addition, Borrower (and any Permitted Lessee) may self-insure to the extent of any applicable deductible per aircraft, airframe or engine that does not exceed industry standards for major U.S. airlines.
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Deductibles; Self-insurance. The Company may self-insure with respect to the Aircraft to the same extent as it does with respect to, or maintain policies with deductibles or premium adjustment provisions consistent with similar provisions applicable to, other comparable aircraft operated by the Company; provided, however, that in the case of hull insurance, such self-insurance shall in no event exceed $150,000,000 with respect to the Aircraft and all other comparable aircraft operated by the Company, taken together; and provided further that, in the case of public liability insurance, such self-insurance shall in no event exceed $50,000,000. ANNEX C
Deductibles; Self-insurance. The Borrower may self-insure, by way of deductible or premium adjustment provisions in insurance policies or otherwise, the risks required to be insured against pursuant to Section 3.3(k) and this Annex C in such amounts as are then self-insured with respect to similar owned or leased aircraft in the Borrower's fleet but in no case shall such self-insurance in the aggregate exceed, on a per occurrence or on a fleetwide basis during any policy year, an amount equal to 5% of the Borrower's tangible net worth, calculated as at the end of the Borrower's immediately preceding fiscal year (but in no event to exceed $10,000,000). A deductible per occurrence that is not in excess of the prevailing standard market deductible for similar aircraft shall be permitted, for each aircraft in the Borrower's fleet, in addition to such self-insurance. Annex D
Deductibles; Self-insurance. Airlines may self-insure by way of deductible, premium adjustment or franchise provisions or otherwise in the insurance covering the risks required to be insured against pursuant to this Annex 2 in such amounts as shall be consistent with normal industry practice. ANNEX 3 INDENTURE ANNEX 4 FAA LEASE TERMINATIONS FAA LEASE TERMINATION RRPF Engine Leasing Limited, as lessor, and ExpressJet Airlines, Inc. (formerly Continental Express, Inc.), as lessee, hereby (i) terminate that certain Lease Agreement, which is described and defined on Exhibit A attached hereto; and (ii) release all equipment, including the Equipment defined on Exhibit A attached hereto, from the terms and conditions of the Lease Agreement. This FAA Lease Termination may be executed by the parties hereto in separate counterparts, each of which when so executed and delivered shall be an original, but all such counterparts shall together constitute but one and the same instrument. Dated as of this day of , 2008. RRPF Engine Leasing Limited, as lessor By: Name: Title: ExpressJet Airlines, Inc. (formerly Continental Express, Inc.), as lessee By: Name: Title: EXHIBIT A The Lease Agreement Engine Lease Agreement dated September 9, 1997, between RRPF Engine Leasing Limited, as lessor, and Continental Express, Inc., as lessee (“Lessee”), with Acceptance Certificate dated September 9, 1997, by the Lessee, attached thereto, recorded as one instrument by the FAA on September 15, 1997, as Conveyance Number FF22564 (the “Lease Agreement”).
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