Common use of Hull Insurance Clause in Contracts

Hull Insurance. Lessee shall, at its own expense, procure and maintain during the term of this Agreement and ending upon redelivery of the Aircraft, policies of all risk aircraft flight and ground hull insurance on the Aircraft, written by responsible insurance companies, against any and all loss of or damage to the Aircraft in an amount for the greater of the replacement value as provided by Lessor.

Appears in 1 contract

Sources: Exclusive Aircraft Lease Agreement (Flewber Global Inc.)

Hull Insurance. Lessee shallshall maintain, at its own expense, procure and maintain during the term of this Agreement and ending upon redelivery of the AircraftAgreement, policies of all all-risk aircraft flight and ground hull insurance on the Aircraft, written by responsible insurance companies, Aircraft against any and all loss of or damage to the Aircraft in an amount for the greater of the replacement value as provided by LessorAircraft, including war risk coverage.

Appears in 1 contract

Sources: Aircraft Lease Agreement (Intelidata Technologies Corp)