EXCEEDING DAMAGE NOTIFICATION THRESHOLD Sample Clauses

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EXCEEDING DAMAGE NOTIFICATION THRESHOLD all insurance proceeds of any property, damage or loss to the Aircraft, any Engine or any Part occurring during the Term not constituting a Total Loss and in excess of the Damage Notification Threshold will be paid to Lessor and applied in payment (or to reimburse Lessee) for repairs or replacement property upon Lessor being satisfied that the repairs or replacement have been effected in accordance with this Agreement. Any balance remaining shall be paid to and may be retained by Lessor;
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EXCEEDING DAMAGE NOTIFICATION THRESHOLD all insurance proceeds of any damage or loss to the Aircraft, any Engine or any Part occurring during the Term not constituting an Event of Loss and in excess of the Damage Notification Threshold will be paid to the appropriate repair facility, and applied in payment (or paid to Lessee and/or Lessor as reimbursement) for repairs or replacement property upon Lessor being satisfied that the repairs or replacement have been effected in accordance with the Lease.
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EXCEEDING DAMAGE NOTIFICATION THRESHOLD all insurance proceeds of any property, damage or loss to the Aircraft, any Engine or any Part occurring during the Term not constituting an Event of Loss and in excess of the Damage Notification Threshold will be paid to Owner and applied in payment (or to reimburse Lessee) for repairs or replacement property upon Lessor being satisfied that the repairs or replacement have been effected in accordance with this Agreement. Any balance remaining may be retained by Owner; (c) BELOW DAMAGE NOTIFICATION THRESHOLD: insurance proceeds in amounts below the Damage Notification Threshold may be paid by the insurer directly to Lessee; and
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EXCEEDING DAMAGE NOTIFICATION THRESHOLD all insurance proceeds in excess of the Damage Notification Threshold of any property, damage or loss to the Engine or any Part occurring during the Term not constituting an Event of Loss will be paid to Lessor and applied in payment (or to reimburse Lessee) for repairs or replacement property effected in accordance with the Lease. Subject to Section 5.20 (Set-Off) of the CTA, any balance remaining shall be paid by Lessor to Lessee;
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EXCEEDING DAMAGE NOTIFICATION THRESHOLD all Hull and Spare Parts insurance proceeds related to any property, damage or loss to the Aircraft, any Engine or any Part occurring during the Lease Term not constituting an Event of Loss and in excess of the Damage Notification Threshold will be paid to Lessor and applied in payment (or to reimburse Lessee) for repairs or replacement property upon Lessor being satisfied that the repairs or replacement have been effected in accordance with this Agreement. Any balance remaining may be retained by Lessee;
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EXCEEDING DAMAGE NOTIFICATION THRESHOLD all insurance proceeds of any property, damage or loss to any Engine or any Part occurring during the Term not constituting an Event of Loss and in excess of the Damage Notification Threshold will be paid to Lessor as loss payee, for payment to or at the direction of Lessee upon performance by Lessee of its repair or replacement obligations in accordance with the Lease;
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EXCEEDING DAMAGE NOTIFICATION THRESHOLD all insurance proceeds of any damage or loss to the Aircraft, any Engine or any Part occurring during the Term not constituting an Event of Loss and in excess of the Damage Notification Threshold will be paid to the appropriate repair facility, and applied in payment (or paid to Lessee and/or Lessor as reimbursement) for repairs or replacement property upon Lessor being satisfied that the repairs or replacement have been effected in accordance with the Lease. (c) BELOW DAMAGE NOTIFICATION THRESHOLD: insurance proceeds in amounts below the Damage Notification Threshold shall be paid by the insurer directly to Lessee; (d) LIABILITY PROCEEDS: all insurance proceeds in respect of third party liability will be paid by the insurers to the relevant third party in satisfaction of the relevant liability or to Owner, Lessor, Financing Partners' Representative or Lessee, as the case may be, in reimbursement of any payment so made; (e)
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Related to EXCEEDING DAMAGE NOTIFICATION THRESHOLD

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