Aircraft Hull Insurance. (a) On or prior to the Delivery Date and throughout the Term, Lessee shall maintain (or cause to be maintained) in full force and effect, at its expense and on terms substantially similar to and no less favorable than insurance carried by Lessee on similar aircraft in its fleet, all-risk ground and flight aircraft hull insurance covering the Aircraft including coverage of the Engines and Parts while temporarily removed from or not installed on the Aircraft and not replaced with similar components in amounts denominated an payable in United States Dollars not less than, in respect of the Aircraft, the Agreed Value as set forth in Appendix B hereto, and with respect to any Engines or Parts while removed from the Aircraft on a replacement value basis. Lessee shall maintain such insurance covering any loss or damage arising from:
Aircraft Hull Insurance. Aircraft hull insurance covering the Aircraft hull, engines and equipment against “All Risks” of loss or damage for the actual market replacement value of the Aircraft. Such insurance shall contain by endorsement a waiver of subrogation in favor of the Additional Insureds.
Aircraft Hull Insurance. (a) On or prior to the Delivery Date and throughout the Term, Lessee shall maintain (or cause to be maintained) in full force and effect, at its expense and on terms substantially similar to and no less favorable than insurance carried by Lessee on similar aircraft in its fleet, all-risk ground and flight aircraft hull insurance covering the Aircraft including coverage of the Engines and Parts while temporarily removed from or not installed on the Aircraft and not replaced with similar components in amounts denominated and payable in United States Dollars not less than, in respect of the Aircraft, the Agreed Value as set forth in Appendix B hereto, and with respect to any Engines Initials: ABX:__________ DHL:__________ Those portions of this Agreement marked with an [*] have been omitted pursuant to a request for confidential treatment and have been filed separately with the SEC. or Parts while removed from the Aircraft on a replacement value basis. Lessee shall maintain such insurance covering any loss or damage arising from:
Aircraft Hull Insurance. 11.2.1 On or prior to the Delivery Date and throughout the Term, Sublessee will maintain (or cause to be maintained) in full force and effect, at its expense and on terms substantially similar to and no less favorable than insurance carried by Sublessee on similar aircraft in its fleet, all-risk ground and flight aircraft hull insurance covering the Aircraft including coverage of the Engines and Parts while temporarily removed from or not installed on the Aircraft and not replaced with similar components in amounts denominated and payable in Dollars not less than, in respect of the Aircraft, the Agreed Value, and with respect to any Engines or Parts while removed from the Aircraft, on a replacement value basis. Sublessee will maintain such hull war and allied perils insurance covering any loss or damage arising from hull war and allied perils:
Aircraft Hull Insurance. On or prior to the Delivery Date and throughout the Term (and, in the case of the termination of this Lease pursuant to Section 14 hereof and except to the extent otherwise provide in Section 10(a) or Section 10(b), at all times following such termination until the sale or disposition of the Aircraft) the Lessee shall maintain or cause to be maintained in full force and effect, at its own expense and on terms substantially similar to insurance carried by the Lessee on similar aircraft in its fleet, all-risk aircraft hull insurance covering the Aircraft, while flying and on the ground, including coverage of the Engines and Parts while temporarily removed from or not installed on the Aircraft and not replaced with similar components (with flight, taxiing and ingestion coverages), against loss or damage, of the type (but not necessarily the amount) usually insured against by corporations engaged in the same or a similar business, similarly situated with the Lessee, and owning or operating similar aircraft and engines on an agreed-value basis in an amount not less than 115% of the aggregate outstanding principal amount of the Equipment Notes from time to time calculated as of the Delivery Date (with respect to the initial insurance coverage to be effective on such date) or the applicable Basic Rent Payment Date immediately preceding the commencement of any year or other period in respect of which the relevant policy is to be in force whether by renewal or otherwise from time to time, and all-risk insurance with respect to each Engine and Part while removed from the Aircraft, and, as to each Engine or Part not installed on the Airframe, not less than the fair market value of such Engine or Part, at the commencement of such year or other period. The Lessee shall maintain in full force and effect war-risk and related perils hull insurance (including the risks of hijacking and confiscation by any government) in respect of the Aircraft on an agreed value basis in conformity with LSW555D throughout each policy year, for not less than the amounts set forth in the preceding paragraph covering the perils that are (A) insured by the Lessee with respect to other aircraft owned or leased, and operated by the Lessee and (B) customarily insured by air carriers with comparable route structures flying similar aircraft to insure and (C) generally required to be insured by financiers and lessors of similar aircraft being operated by air carriers with comparable route structures...
Aircraft Hull Insurance. The Block Hour charge assumes a cost of [*] of Aircraft Hull value. Each year, on the anniversary date of Contractor's policy, the rate shall adjust up or down [*]. To the extent that the insurance cost for Aircraft Hull Insurance paid to Contractor by AA deviates from the New AHI Calculated Rate, the difference, multiplied by the actual Hull values divided by $100, associated with Contractor's Feeder Air Service Flights shall be either be reimbursed to Contractor or credited to AA. Alternatively, AA, at its sole discretion, may elect to offer Aircraft Hull Insurance coverage for its Feeder Air Service operations with terms and conditions to be mutually agreed to by the parties.
Aircraft Hull Insurance. Except to the extent provided in Sections 10(c) and 10(e), on or prior to the Delivery Date for each Aircraft and throughout the Term therefor (and, in the case of the termination of this Sublease pursuant to Section 14 hereof, at all times following such termination until the sale or other disposition of the Aircraft pursuant hereto) Sublessee shall maintain or cause to be maintained in full force and effect, at its own expense and on terms substantially similar to insurance carried by Sublessee on similar aircraft in its fleet, all-risk aircraft hull insurance covering each Aircraft, while flying and on the ground, including coverage of the Engines and Parts while temporarily removed from or not installed on any Aircraft and not replaced with similar components and deemed to form part of the Aircraft hull for the purposes of the Aircraft hull insurance policy, against loss or damage, of the type (but not necessarily the amount) usually insured against by corporations engaged in the same or a similar business, similarly situated with Sublessee, and owning or operating similar aircraft and engines on an agreed-value basis in an amount not less than the applicable Threshold Value from time to time, and all-risk insurance with respect to each Engine and Part while removed from the Aircraft, and, as to each Engine or Part not installed on an Airframe, not less than the fair market value of such Engine or Part at the commencement of such year or other period. Sublessee shall maintain in full force and effect war-risk and related perils insurance and hijacking and governmental confiscation insurance in respect of each Aircraft on an agreed value basis for each Aircraft throughout each policy year, for not less than the amounts set forth in the preceding paragraph in respect of each Aircraft covering each of the following:
Aircraft Hull Insurance covering loss or damage to Leased ABS Equipment once permanently installed on the aircraft in an amount not less than [***]. Such insurance shall include Aircell as loss payee solely as respects the value of the Leased ABS Equipment.
Aircraft Hull Insurance for agreed value, including breach of warranty, coverage to present value each aircraft, or breach of warranty amount, whichever is greater.
