Comprehensive Airline Liability Insurance Sample Clauses

Comprehensive Airline Liability Insurance. [AIRLINE] shall maintain comprehensive airline liability insurance.
Sample 1Sample 2Sample 3See All (4)
AutoNDA by SimpleDocs
Comprehensive Airline Liability Insurance. Comprehensive airline liability insurance (including, without limitation, contractual liability, passenger legal liability and liability for property damage), in amounts per occurrence of not less than Six Hundred Million Dollars ($600,000,000.00), or such greater amounts as the Mortgagor may carry. Each and any policy of insurance carried in accordance with this subclause (i), and each and any policy obtained in substitution or replacement for any of such policies, (1) shall designate the Mortgagee as an additional insured (but without any obligation imposed upon the additional insured, including, without limitation, the liability to pay any premiums for any such policies, but the Mortgagee shall have the right to pay such premiums if it shall so elect), (2) shall expressly provide that, in respect of the interest of the Mortgagee (or any holder from time to time of a Note) in such policies, the insurance shall not be invalidated by any action or inaction of any Person (other than the Mortgagee for their respective interests), and shall insure, regardless of any breach or violation by Mortgagor or any other Person (other than the Mortgagee) of any warranty, declaration or condition contained in such policies, (3) shall provide that if such insurance is canceled for any reason whatsoever, or is adversely changed in any way with respect to the interest of the Mortgagee (or any holder from time to time of a Note) or if such insurance is allowed to lapse for nonpayment of premium, such cancellation, change or lapse shall not be effective as to the Mortgagee (or any holder from time to time of a Note) for thirty (30) days (or such lesser time which may be standard in the insurance industry and ten (10) days in the event of nonpayment of premium), in each instance after receipt by the Mortgagee (or any holder from time to time of a Note) of written notice by such insurer or insurers sent to the Mortgagee (or any holder from time to time of a Note) of such prospective cancellation, change or lapse, (4) shall include coverage for any country in which the Flight Equipment is located, and (5) shall provide that, as against the Mortgagee (or any holder from time to time of a Note), the insurer shall waive any rights of set-off, counterclaim or any other deduction, whether by attachment or otherwise, and waives any rights it may have to be subrogated to any right of any insured against the Mortgagee (or any holder from time to time of a Note) with respect to the Flig...
Sample 1
Comprehensive Airline Liability Insurance. Comprehensive Airline Liability Insurance including bodily injury (including Passengers) and property damage liability with a combined single limit of not less than Seven Hundred Fifty Million Dollars ($750,000,000) each occurrence/aggregate, where applicable. Such liability policies shall name Charterer, and its respective parent, subsidiary and affiliated companies and the directors, officers and employees of each, as additional insured’s, as their respective interests may appear, and shall include cross liability and a clause stating that such insurance is primary or excess with respect to the Aircraft or substitute or replacement Aircraft used in performing this Contract, and such insurance shall not be contributory with or excess over any insurance carried by Charterer, and their respective parent, subsidiary and affiliated companies and the directors, officers and employees of each.
Sample 1
Comprehensive Airline Liability Insurance with an aggregate limit of not less than Five Hundred Million Dollars ($500,000,000) per occurrence, naming Lessor and Lessor's Lender and their respective directors, officers, agents and employees as additional insureds. Such policy will expressly cover the obligations assumed by Lessee in Section 11 above.
Sample 1
Comprehensive Airline Liability Insurance including Aircraft Third Party, Passenger, including Passengers' Baggage and Personal Effects, Cargo and Mail Legal Liability for a Combined Single Limit (CSL) of not less than $250 million per occurrence per Aircraft. In respect of Personal Injury the maximum limit is $25 million per offense and in the aggregate. The minimum amounts of insurance coverage required under this paragraph 1 shall be per occurrence, combined single limit for all coverage required under this paragraph 1.
Sample 1
Comprehensive Airline Liability Insurance. Such insurance includes, but is not limited to, aircraft liability, passenger legal liability and premises liability. Liability minimum is two hundred and fifty million. c) The Comprehensive Airline Liability Insurance shall provide that: i) Underwriters acknowledge that the indemnification and hold harmless provisions of the Agreement are insured under Customer's blanket contractual liability coverage. ii) Said insurance is primary with respect to the matter within such coverage, irrespective of any insurance carried by PANAM. iii) Provide that, as respects the interests of PANAM, this insurance shall not be invalidated by any breach of warranty by Customer. iv) Provide a severability of interest/cross liability endorsement.
Sample 1
Comprehensive Airline Liability Insurance. Subject to the provisions of Section 8.2(K), Signatory shall, at its own expense, maintain with insurance underwriters of recognized financial strength and stability Comprehensive Airline Liability Insurance in a limit not less than Five Hundred Million Dollars ($500,000,000) per occurrence (and the annual aggregate where applicable), including a $25,000,000 sublimit for personal injury to non- passengers, provided that if the sublimit for personal injury to non-passengers increases during the term of this Agreement such higher sublimit shall apply. Such insurance shall cover liability arising from but not limited to, premises, operations, independent contractors, products-completed operations, personal injury, liability assumed under an insured contract, passengers checked and unchecked baggage liability and mobile equipment or other ground vehicles of the Signatory operating on the Airport. Such insurance shall cover the Signatory and the Board as their interest may appear against claims for bodily injury, personal injury, death and property damage. The limit of insurance set forth herein shall be available at all times during the term of this Agreement with reference to Signatory’s operations at the Airport. Full policy limits shall apply to this Agreement with respect to operations under this Agreement.
Sample 1
AutoNDA by SimpleDocs

Related to Comprehensive Airline Liability Insurance

  • Comprehensive Automobile Liability Insurance for coverage of owned and non-owned and hired vehicles, trailers or semi-trailers licensed for travel on public roads, with a minimum combined single limit of One Million Dollars ($1,000,000) each occurrence for bodily injury, including death, and property damage.

  • Comprehensive General Liability Insurance The Lessee shall procure and maintain a valid Comprehensive General Liability Insurance indemnifying the Lessor with minimum coverage of $ for personal injury and $ for damage to property.

  • Automobile Liability Insurance Automobile Liability insurance covering bodily injury and property damage in an amount no less than one million dollars ($1,000,000) combined single limit for each occurrence. Covered vehicles shall include owned, non-owned, and hired automobiles/trucks.

  • Aircraft Liability Insurance (i) Except as provided in clause (ii) of this subsection (a), and subject to the rights of the Company to establish and maintain self-insurance in the manner and to the extent specified in Section 7.06(c), the Company will carry, or cause to be carried, at no expense to the Loan Trustee, aircraft liability insurance (including, but not limited to, bodily injury, personal injury and property damage liability, exclusive of manufacturer’s product liability insurance) and contractual liability insurance with respect to the Aircraft (A) in amounts per occurrence that are not less than the aircraft liability insurance applicable to similar aircraft and engines in the Company’s fleet on which the Company carries insurance (or, in the case of a lease to a Permitted Lessee, in such Permitted Lessee’s fleet on which such Permitted Lessee carries insurance); provided that such liability insurance (including self-insurance specified in Section 7.06(c)) shall not be less than the amount certified in the insurance report delivered to the Loan Trustee and each Liquidity Provider on the Closing Date, (B) of the type usually carried by corporations engaged in the same or similar business, similarly situated with the Company or such Permitted Lessee, as the case may be, and owning or operating similar aircraft and engines and covering risks of the kind customarily insured against by the Company or such Permitted Lessee, as the case may be, and (C) that is maintained in effect with insurers of recognized responsibility; provided that the Company will carry, or cause to be carried, at no expense to the Loan Trustee, aircraft liability war risk and allied perils insurance if and to the extent the same is maintained by the Company or such Permitted Lessee, as the case may be, with respect to other similar aircraft operated by the Company or such Permitted Lessee, as the case may be, on the same or similar routes. Any policies of insurance carried in accordance with this Section 7.06(a) and any policies taken out in substitution or replacement for any of such policies shall (A) name the Loan Trustee, the Subordination Agent, each Pass Through Trustee and each Liquidity Provider as their Interests (as defined below in this Section 7.06) may appear, as additional insureds (the “Specified Persons”), (B) subject to the conditions of clause (C) below, provide that, in respect of the interests of the Specified Persons in such policies, the insurance shall not be invalidated by any action or inaction of the Company (or any Permitted Lessee) and shall insure the Specified Persons’ Interests as they appear, regardless of any breach or violation of any warranty, declaration or condition contained in such policies by the Company (or any Permitted Lessee), (C) provide that, except to the extent not provided for by the war risk and allied perils insurance provider (in which case the last sentence of this Section 7.06(a)(i) applies), if such insurance is Indenture and Security Agreement (American Airlines 2019-1 Aircraft EETC) [Reg. No.]

  • Liability Insurance To the extent the Company maintains an insurance policy or policies providing directors' and officers' liability insurance, Indemnitee shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any Company director or officer.

  • Product Liability Insurance insurance against claims for bodily injury, death or Property damage resulting from the use of products sold by the Company or any of its Subsidiaries in such amounts as are then customarily maintained by responsible persons engaged in businesses similar to that of the Company and its Subsidiaries.

  • Professional Liability Insurance (if Applicable) $1,000,000 per occurrence limits of liability or whatever limit is customarily carried by the Contractor, whichever is greater, for design, design-build or any type of professional services with a minimum of three (3) years reporting of claims following completion of the project.

  • General Liability Insurance The Contractor must secure and maintain Commercial General Liability Insurance, including bodily injury, property damage, products, personal and advertising injury, and completed operations. This insurance must provide coverage for all claims that may arise from performance of the Contract or completed operations, whether by the Contractor or anyone directly or indirectly employed by the Contractor. Such insurance must include the State of Florida as an additional insured for the entire length of the resulting contract. The Contractor is responsible for determining the minimum limits of liability necessary to provide reasonable financial protections to the Contractor and the State of Florida under the resulting contract.

Time is Money Join Law Insider Premium to draft better contracts faster.