Amounts Paid by Third Parties. Lessor shall be entitled to receive directly any payments of monies by third parties or their insurers for damage to the Aircraft during a Lease Period. Such monies received will offset amounts otherwise owed by Lessee for such damage.
Appears in 6 contracts
Samples: Non Exclusive Aircraft Lease Agreement, Non Exclusive Aircraft Lease Agreement, Non Exclusive Aircraft Lease Agreement (Laredo Petroleum, Inc.)
