Common use of Aircraft Insurance Clause in Contracts

Aircraft Insurance. (A) With respect to each of the Additionally Financed Aircraft, and if available as of the Additional Advance Date (and if not then available the related covenant of the Borrower set forth at Section 10.34 hereof shall apply), certificates of insurance from qualified brokers of aircraft insurance or other evidence reasonably satisfactory to the Administrative Agent, evidencing all insurance required to be maintained by the applicable Obligor under the Lease and/or the applicable Notice and Acknowledgment, in each case, together with all endorsements required under the Transaction Documents and/or the applicable Notice and Acknowledgment, and (B) certificates of insurance from qualified brokers of aircraft insurance or other evidence satisfactory to the Administrative Agent with respect to the Contingent Insurance Policy, together with all endorsements required under the Transaction Documents;

Appears in 2 contracts

Samples: Credit Agreement (AerCap Holdings N.V.), Credit Agreement (AerCap Holdings N.V.)

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Aircraft Insurance. (A) With respect to each Financed Aircraft to be acquired with the proceeds of the Additionally Financed Aircraftsuch Advance, and if available as of the Additional related Advance Date (and if not then available the related covenant of the Borrower set forth at in Section 10.34 9.34 hereof shall apply), certificates of insurance from qualified brokers of aircraft insurance or other evidence reasonably satisfactory to the Administrative Agent, evidencing all insurance required to be maintained by the applicable Obligor under the Lease and/or the applicable Notice and Acknowledgment, in each case, together with all endorsements required under the Transaction Documents and/or the applicable Notice and Acknowledgment, and (B) certificates of insurance from qualified brokers of aircraft insurance or other evidence satisfactory to the Administrative Agent with respect to the Contingent Insurance Policy, together with all endorsements required under the Transaction Documents;

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Genesis Lease LTD)

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