Obligation to Insure. From the Delivery Date until expiration or earlier termination of the Term and redelivery of the Aircraft to Lessor, Lessee shall, at its own expense, effect and maintain or cause to be effected and maintained in full force and effect insurances on and with respect to the Aircraft that comply with the provisions of this Clause 14. Lessee agrees that such insurances shall be carried with such insurers of recognized standing who regularly participate in aviation insurance and through reputable brokers regularly placing insurance in the aviation insurance markets in the U.S. or Western Europe or such other leading international insurance markets as mutually agreed upon by Lessee and Lessor. Lessee further agrees that such insurances shall reflect prudent practices in the international aviation insurance market for United States air carriers operating the same type of aircraft as the Aircraft on similar routes.
Obligation to Insure. The Company shall comply with, or cause to be complied with, each of the provisions of Annex B, which provisions are hereby incorporated by this reference as if set forth in full herein.
Obligation to Insure. The Provider will, from the commencement date until at least 2 years following the end of any disengagement period under clause 13, maintain adequate insurance cover (in respect of this agreement, its own business, the hardware and the supply of the services) for all normal commercial risks and in respect of any potential liability it may incur under this agreement or under the regulations, the Act or the Code, to ensure that any problems encountered by the Provider will not result in the disruption of the efficient performance of this agreement (except to the extent such cover is not reasonably available in the market). Such insurance will be in a form, and with an insurer, approved by the Authority, such approval not to be unreasonably withheld, and will be accompanied by a letter from the insurer confirming that the insurance cover is adequate to satisfy the requirements of this clause 15.1. The Authority may request a copy of such insurance at any time.
Obligation to Insure. So long as this Agreement shall remain in effect, the Grantors will ensure that there is effected and maintained appropriate insurances, maintained with insurers or reinsured with reinsurers of recognized responsibility or pursuant to governmental indemnities, in respect of each Pool Aircraft and the Collateral Agent and the Administrative Agent and its operation including insurance for:
Obligation to Insure. Lessee, at Lessee's own expense, shall keep the Property insured for such risks and in such amounts as Lessor shall require with carriers acceptable to Lessor, shall maintain a loss payable indorsement in favor of Lessor affording to Lessor such additional protection as Lessor shall require, and shall maintain liability insurance satisfactory to Lessor. All such insurance shall name Lessor and Lessee as insured. The policies shall provide that they may not be canceled or altered without at least thirty (30) days' prior written notice to Lessor, and the loss payable indorsement shall provide that all amounts payable by reason of loss of or damage to the Property shall be payable only to Lessor. Lessee shall deliver to Lessor evidence satisfactory to Lessor of all such insurance. If loss or damage occurs under circumstances in which Lessee is not in violation of the terms of any such policies, and if Lessee has fulfilled Lessee's obligations under Section Twelve of this Lease, and is not otherwise in defaults under this Lease, Lessor will pay Lessee so much of any insurance proceeds received by Lessor as the result of such loss as will fully reimburse Lessee for the net expense incurred by Lessee in fulfilling Lessee's obligations under Section Twelve.
Obligation to Insure. Each Grantor (as applicable) shall comply with, or cause to be complied with, each of the provisions of Appendix I to this Annex, which provisions are hereby incorporated by this reference as if set forth in full herein.
Obligation to Insure. Lessee shall, for the Lease Term, maintain in full force and effect, at its own cost and expense, the Insurances. Lessor is not under any duty or obligation to verify the existence or adequacy of the Insurances.
Obligation to Insure. The Borrower shall comply with, or cause to be complied with, each of the provisions of Annex B, which provisions are hereby incorporated by this reference as if set forth in full herein.
Obligation to Insure. Throughout the Lease Term, Lessee shall maintain in full force and effect, at its own cost and expense, the Insurances.
Obligation to Insure. During the term of this Agreement, Tenant shall carry and maintain the following types of insurance in forms and with companies reasonably satisfactory to Landlord, in the amounts specified: Comprehensive general liability and property liability insurance, insuring against all liability of Tenant arising out of or occurring in connection with Tenant’s use of the Premises, with a minimum combined single limit of $__________________dollars and excess umbrella insurance with a minimum combined single limit of $__________________dollars. Tenant agrees to name Landlord as an additional insured person on its general liability coverage for the dates of the term of lease. Additional insured person status will provide coverage for Landlord for claims arising from Tenant’s negligent acts associated with the Lease. During the term of this Agreement, Landlord shall carry and maintain the following types of insurance in forms and with companies, in the amounts specified: Comprehensive general liability insurance with a minimum limit of liability of $1,000,000 combined single limit and excess liability insurance with a $2,000,000 aggregate. Said evidence shall expressly provide that it cannot be cancelled without at least (30) days prior written notice to the Tenant and Tenant shall be provided with a current and valid certificate of insurance evidencing this coverage prior to use of Premises.
