Insurance Brokers and Insurers. In reviewing and accepting the insurance brokers (if any) and reinsurance brokers (if any) and insurers and reinsurers (if any) providing coverage with respect to the Pool Aircraft, the relevant Grantor will utilize standards consistent with Leasing Company Practice with respect to similar aircraft. It is recognized that airlines in certain countries are required to utilize brokers (and sometimes even no brokers) or carry insurance with local insurance brokers and insurers. If at any time any Pool Aircraft is not subject to a Lease, the relevant Grantor will cause its insurance brokers to provide the Collateral Agent with evidence that the insurances described in this Schedule V are in full force and effect.
Insurance Brokers and Insurers. In reviewing and accepting the insurance brokers (if any) and reinsurance brokers (if any) and insurers and reinsurers (if any) providing coverage with respect to the Aircraft, the Borrower or Sub-Borrower will utilise standards consistent with those applied by it or its affiliates with respect to its other aircraft. It is recognised that airlines in certain countries are required to utilise brokers (and sometimes even no brokers) or carry insurance with local insurance brokers and insurers. If at any time the Aircraft is not subject to a Lease or an Intermediate Lease the Borrower or Sub-Borrower will cause its insurance brokers to provide the Security Trustee with evidence that the insurances described in this Schedule 8 are in full force and effect.
Insurance Brokers and Insurers. In reviewing and accepting the insurance brokers (if any) and reinsurance brokers (if any) and insurers and reinsurers (if any) providing coverage with respect to the Eligible Aircraft, the relevant Guarantor will utilize standards consistent with Leasing Company Practice with respect to similar aircraft. It is recognized that airlines in certain countries are required to utilize brokers (and sometimes even no brokers) or carry insurance with local insurance brokers and insurers. If at any time any Eligible Aircraft is not subject to a lease, the relevant Guarantor will cause its insurance brokers to provide the Collateral Agent with evidence that the insurances described in this Schedule 4.01(f) are in full force and effect.
