Third Party Insurance Policy Clause Samples

Third Party Insurance Policy. 13.2.1 During the Lease Term, the Lessee shall take out and maintain insurance in respect of any third party liability arising out or in connection with the use of the Leased Asset pursuant to and in accordance with the terms of Schedule 6 (Insurance Matters) (Third Party Insurance Policy). 13.2.2 The Lessee shall be solely liable for the premium in respect of the Third Party Insurance Policy. 13.2.3 The Third Party Insurance Policy shall be ▇▇▇▇▇’ah compliant to the extent that it is available on economically acceptable terms in the market.