Common use of Aircraft Liability Clause in Contracts

Aircraft Liability. If Tenant is authorized to engage in commercial aircraft flight operations, aircraft liability insurance that includes premises liability, products, and completed operations coverage and, if applicable, mobile equipment coverage with a combined single limit for bodily injury and property damage of not less than one million dollars ($1,000,000) per occurrence (or two million dollars ($2,000,000) per occurrence if Tenant is authorized to engage in aircraft sales) and one hundred thousand dollars ($100,000) per passenger seat for applicable claims, including, but not limited to, contractual liability coverage for Tenant's performance of the indemnity agreement set forth in Section 6.A. If any such coverage is not available to Tenant in the form of an aircraft liability policy, Tenant shall obtain substantially similar coverage through a commercial general liability policy.

Appears in 3 contracts

Samples: Operating and Lease Agreement, Operating and Lease Agreement, Operating and Lease Agreement

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Aircraft Liability. If Tenant Operator is authorized to engage in commercial aircraft flight operations, aircraft liability insurance that includes premises liability, products, and completed operations coverage and, if applicable, mobile equipment coverage with a combined single limit for bodily injury and property damage of not less than one million dollars ($1,000,000) per occurrence (or two million dollars ($2,000,000) per occurrence if Tenant Operator is authorized to engage in aircraft sales) and one hundred thousand dollars ($100,000) per passenger seat for applicable claims, including, but not limited to, contractual liability coverage for TenantOperator's performance of the indemnity agreement set forth in Section 6.A. If any such coverage is not available to Tenant Operator in the form of an aircraft liability policy, Tenant Operator shall obtain substantially similar coverage through a commercial general liability policy.

Appears in 2 contracts

Samples: Saso Operating Agreement, Saso Operating Agreement

Aircraft Liability. If Tenant is authorized to engage in commercial aircraft flight operations, aircraft liability insurance that includes premises liability, products, and completed operations coverage and, if applicable, mobile equipment coverage with a combined single limit for bodily injury and property damage of not less than one million dollars ($1,000,000) per occurrence (or two million dollars ($2,000,000) per occurrence if Tenant is authorized to engage in aircraft sales) and one hundred thousand dollars ($100,000) per passenger seat for applicable claims, including, but not limited to, contractual liability coverage for Tenant's performance of the indemnity agreement set forth in Section 6.A. If any such coverage is not available to Tenant in the form of an aircraft liability policy, Tenant shall obtain substantially similar coverage through a commercial general liability policy.

Appears in 1 contract

Samples: Operating and Lease Agreement

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Aircraft Liability. If Tenant is authorized to engage in commercial aircraft flight operations, aircraft liability insurance that includes premises liability, products, and completed operations coverage and, if applicable, mobile equipment coverage with a combined single limit for bodily injury and property damage of not less than one million dollars ($1,000,000) per occurrence (or two million dollars ($2,000,000) per occurrence (or three million dollars ($3,000,000) per occurrence if Tenant is authorized to engage in aircraft sales) and one two hundred thousand dollars ($100,000200,000) per passenger seat for applicable claims), including, but not limited to, contractual liability coverage for Tenant's performance of the indemnity agreement set forth in Section 6.A. If any such coverage is not available to Tenant in the form of an aircraft liability policy, Tenant shall obtain substantially similar coverage through a commercial general liability policy.

Appears in 1 contract

Samples: Saso Operating and Lease Agreement

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