Common use of Aircraft Location Clause in Contracts

Aircraft Location. The Aircraft shall not be operated or located in (i) any area excluded from coverage by the terms of insurance or (ii) any recognized or threatened area of hostilities, unless fully covered to Lessor's satisfaction by war risk insurance.

Appears in 2 contracts

Samples: Aircraft Lease (Oakley Inc), Aircraft Lease (Oakley Inc)

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Aircraft Location. The Aircraft shall not be operated or located by Operator in (i) any area excluded from coverage by the terms of insurance covering the Aircraft, or (ii) any recognized or threatened area of hostilities, unless fully covered to LessorOwner's satisfaction by war risk insurance.

Appears in 2 contracts

Samples: Aircraft Hourly Rental Agreement (Hca Inc/Tn), Aircraft Hourly Rental Agreement (Hca Inc/Tn)

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Aircraft Location. The Aircraft shall will not be operated or located in (i) any area excluded from coverage by the terms of insurance or (ii) in any recognized or threatened area of hostilities, unless fully covered to Lessor's ’s satisfaction by war risk insurance.

Appears in 2 contracts

Samples: Aircraft Dry Lease Agreement (Moelis & Co), Aircraft Dry Lease (Moelis & Co)

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