Common use of Hull Clause in Contracts

Hull. Lessor shall maintain, or cause to be maintained, all risks aircraft hull insurance in the amount set forth on Schedule A hereto, and such insurance shall name Lessor or its lienholder as sole loss payee.

Appears in 2 contracts

Sources: Aircraft Lease Agreement (Pershing Square Holdco, L.P.), Aircraft Lease Agreement (Pershing Square Holdco, L.P.)