Common use of Bodily Injury Liability and Property Damage Liability Insurance Clause in Contracts

Bodily Injury Liability and Property Damage Liability Insurance. 1. Except as provided in paragraph 2 of this Section A or Section 3.06(c) of the C Mortgage, and subject to the self insurance to the extent permitted by Section D hereof, Company will at all times carry and maintain or cause to be carried and maintained, at no expense to any Additional Insured, on a non-discriminatory basis, comprehensive airline liability insurance, including passenger legal liability, bodily injury liability, property damage liability and contractual liability (exclusive of manufacturer’s product liability insurance and including, without limitation, aircraft liability war risk and allied perils insurance, if and to the extent the same is maintained by Company (or Permitted Lessee) with respect to other aircraft owned or leased, and operated by Company (or Permitted Lessee) on the same routes) with respect to the Aircraft and Spare Engine, as applicable, (a) in an amount per occurrence not less than the greater of (x) the amount of comprehensive airline legal liability insurance from time to time applicable to aircraft owned or leased and operated by Company of the same type and operating on similar routes as the Aircraft and (y) the Minimum Liability Insurance Amount, (b) of the type and covering the same risks as from time to time applicable to aircraft and engines operated by the Company (or any Permitted Lessee) of the same type which comprise the Company’s (or such Permitted Lessee’s) fleet and (c) which is maintained in effect with insurers or reinsurers of recognized responsibility. The Company need not maintain cargo liability insurance with respect to the Aircraft, or may maintain such insurance in an amount less than the Minimum Liability Insurance Amount, as long as the amount of cargo liability insurance, if any, maintained with respect to an Aircraft is the same as the amount of such coverage which is maintained by the Company for other aircraft owned or leased, and operated, by the Company, operating on the same or similar routes.

Appears in 3 contracts

Samples: Mortgage and Security Agreement, Mortgage and Security Agreement (Ual Corp /De/), Mortgage and Security Agreement (United Air Lines Inc)

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Bodily Injury Liability and Property Damage Liability Insurance. 1. Except as provided in paragraph 2 of this Section A or Section 3.06(c4.06(c) of the C MortgageTrust Indenture, and subject to the self insurance to the extent permitted by Section D hereof, Company Owner will at all times carry and maintain or cause to be carried and maintained, at no expense to any Additional Insured, on a non-discriminatory basis, comprehensive airline liability insurance, including passenger legal liability, bodily injury liability, property damage liability and contractual liability (exclusive of manufacturer’s product liability insurance and including, without limitation, aircraft liability war risk and allied perils insurance, if and to the extent the same is maintained by Company Owner (or Permitted Lessee) with respect to other aircraft Similar Aircraft owned or leased, and operated by Company Owner (or Permitted Lessee) on the same routes) with respect to the Aircraft and Spare Engine, as applicable, (a) in an amount per occurrence not less than the greater of (x) the amount of comprehensive airline legal liability insurance from time to time applicable to aircraft owned or leased and operated by Company Owner of the same type and operating on similar routes as the Aircraft and (y) the Minimum Liability Insurance Amount, (b) of the type and covering the same risks as from time to time applicable to aircraft and engines operated by the Company Owner (or any Permitted Lessee) of the same type which comprise the CompanyOwner’s (or such Permitted Lessee’s) fleet and (c) which is maintained in effect with insurers or reinsurers of recognized responsibility. The Company Owner need not maintain cargo liability insurance with respect to the Aircraft, or may maintain such insurance in an amount less than the Minimum Liability Insurance Amount, as long as the amount of cargo liability insurance, if any, maintained with respect to an the Aircraft is the same as the amount of such coverage which is maintained by the Company Owner for other aircraft Similar Aircraft owned or leased, and operated, by the CompanyOwner, operating on the same or similar routes.

Appears in 3 contracts

Samples: Trust Indenture and Mortgage (United Air Lines Inc), Trust Indenture and Mortgage (Ual Corp /De/), Trust Indenture and Mortgage (United Air Lines Inc)

Bodily Injury Liability and Property Damage Liability Insurance. 1. Except as provided in paragraph 2 of this Section A or Section 3.06(c) of the C MortgageA, and subject to the self insurance to the extent permitted by Section D B hereof, Company JetBlue will at all times carry and maintain or cause to be carried and maintained, at no expense to any Additional InsuredInsured (as defined in the Indenture), on a non-discriminatory basis, comprehensive airline liability insurance, including passenger legal liability, bodily injury liability, property damage liability and contractual liability (exclusive of manufacturer’s product liability insurance and including, without limitation, aircraft liability war risk and allied perils insurance, if and to the extent the same is maintained by Company JetBlue (or Permitted LesseeLessee (as defined in the Indenture)) with respect to other aircraft Similar Aircraft (as defined in the Indenture) owned or leased, and operated by Company JetBlue (or Permitted Lessee) on the same routes) with respect to the Aircraft and Spare Engine, as applicable, (a) in an amount per occurrence not less than the greater greatest of (x) the amount of comprehensive airline legal liability insurance from time to time applicable to aircraft owned or leased and operated by Company JetBlue of the same type and operating on similar routes as the Aircraft (y) the amount of comprehensive legal liability insurance from time to time applicable to aircraft owned or leased and operated by air carriers with comparable route structures flying similar aircraft on similar routes and (yz) the Minimum Liability Insurance AmountAmount (as defined in the Indenture), (b) of the type and covering the same risks as from time to time applicable to aircraft and engines operated by the Company JetBlue (or any Permitted Lessee) of the same type which comprise the CompanyJetBlue’s (or such Permitted Lessee’s) fleet or owned or leased by air carriers with comparable route structures flying similar aircraft on similar routes and (c) which is maintained in effect with insurers or reinsurers of recognized responsibility. The Company need not JetBlue shall maintain cargo liability insurance with respect to the Aircraft, or may maintain such insurance in an amount not less than the Minimum Liability Insurance Amount, as long as the amount of cargo liability insurance, if any, insurance maintained with respect to an Aircraft is the same as the amount of such coverage which is maintained by the Company for other aircraft owned or leased, and operated, Similar Aircraft operated by the Company, operating on the same or similar routesJetBlue.

Appears in 2 contracts

Samples: Insurance and Indemnity Agreement (Jetblue Airways Corp), Insurance and Indemnity Agreement (Jetblue Airways Corp)

Bodily Injury Liability and Property Damage Liability Insurance. 1. Except as provided in paragraph 2 of this Section A or Section 3.06(c4.06(c) of the C MortgageTrust Indenture, and subject to the self insurance to the extent permitted by Section D hereof, Company Owner will at all times carry and maintain or cause to be carried and maintained, at no expense to any Additional Insured, on a non-discriminatory basis, comprehensive airline liability insurance, including passenger legal liability, bodily injury liability, property damage liability and contractual liability (exclusive of manufacturer’s product liability insurance and including, without limitation, aircraft liability war risk and allied perils insurance, if and to the extent the same is maintained by Company Owner (or Permitted Lessee) with respect to other aircraft Similar Aircraft owned or leased, and operated by Company Owner (or Permitted Lessee) on the same routes) with respect to the Aircraft and Spare Engine, as applicable, (a) in an amount per occurrence not less than the greater of (x) the amount of comprehensive airline legal liability insurance from time to time applicable to aircraft owned or leased and operated by Company Owner of the same type and operating on similar routes as the Aircraft and (y) the Minimum Liability Insurance Amount, (b) of the type and covering the same risks as from time to time applicable to aircraft and engines operated by the Company Owner (or any Permitted Lessee) of the same type which comprise the CompanyOwner’s (or such Permitted Lessee’s) fleet and (c) which is maintained in effect with insurers or reinsurers of recognized responsibility. The Company need not Owner shall maintain cargo liability insurance with respect to the Aircraft, or may maintain such insurance in an amount not less than the Minimum Liability Insurance Amount, as long as the amount of cargo liability insurance, if any, insurance maintained with respect to an for other Similar Aircraft is the same as the amount of such coverage which is maintained operated by the Company for other aircraft owned or leased, and operated, by the Company, operating on the same or similar routesOwner.

Appears in 2 contracts

Samples: Trust Indenture and Mortgage (Jetblue Airways Corp), Trust Indenture and Mortgage (Jetblue Airways Corp)

Bodily Injury Liability and Property Damage Liability Insurance. 1. Except as provided in paragraph 2 of this Section A or Section 3.06(c) of the C Mortgage, and subject to the self insurance to the extent permitted by Section D hereof, Company the Grantor will at all times carry and maintain or cause to be carried and maintained, at no expense to any Additional Insured, on a non-discriminatory basis, comprehensive airline liability insurance, including passenger legal liability, bodily injury liability, property damage liability and contractual liability with respect to each Airframe and Engine (exclusive of manufacturer’s product liability insurance and including, without limitation, aircraft liability war risk and allied perils insuranceinsurance with respect to each Airframe and Engine, if and to the extent the same is maintained by Company the Grantor (or Permitted Lessee) with respect to other aircraft similar types of airframes or engines, as applicable, owned or leased, and operated by Company Grantor (or Permitted Lessee) on the same routes) with respect to the Aircraft each Airframe and Spare Engine, as applicable, Engine (a) in an amount per occurrence not less than the greater of (x) the amount of comprehensive airline legal liability insurance from time to time applicable to aircraft airframes or engines, as the case may be, owned or leased and operated by Company Grantor of the same type and operating on similar routes as the Aircraft and (y) the Minimum Liability Insurance Amountapplicable Airframe or Engine, (b) of the type and covering the same risks as from time to time applicable to aircraft and airframes or engines operated by the Company Grantor (or any Permitted Lessee) of the same type which comprise the CompanyGrantor’s (or such Permitted Lessee’s) fleet and (c) which is maintained in effect with insurers or reinsurers of recognized responsibility. The Company Grantor need not maintain cargo liability insurance with respect to the Aircraft, or may maintain such insurance in an amount less than the Minimum Liability Insurance Amountany Airframe, as long as the amount of cargo liability insurance, if any, maintained with respect to an Aircraft insurance is the same as the amount of such coverage which is not maintained by the Company Grantor for other aircraft similar types of airframes owned or leased, and operated, by the CompanyGrantor, operating on the same or similar routes.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Jetblue Airways Corp)

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Bodily Injury Liability and Property Damage Liability Insurance. 1. Except as provided in paragraph 2 of this Section A or Section 3.06(c) of A, the C Mortgage, and subject to the self insurance to the extent permitted by Section D hereof, Company will at all times carry and maintain or cause to be carried and maintained, at no expense to the Secured Party or any Additional Insuredof the Lenders, on a non-discriminatory basis, comprehensive airline liability insurance, including passenger legal liability, bodily injury liability, products liability, property damage liability and contractual liability (exclusive of manufacturer’s product liability insurance and including, without limitation, aircraft liability war risk and allied perils insurance, if and to the extent the same is maintained by Company (or Permitted Lessee) with respect to other aircraft owned or leased, and operated by Company (or Permitted Lessee) on the same routes) with respect to the Aircraft and Spare Engine, as applicable, the Engines (a) in an amount per occurrence not less than the greater of (x) the amount of comprehensive airline legal liability insurance from time to time applicable to aircraft owned or leased and operated by the Company of the same type and operating on similar routes as the Aircraft and (y) the Minimum Liability Insurance Amount, (b) of the type and covering the same risks as from time to time applicable to aircraft and engines operated by the Company (or any lessee to whom such Engine is leased under and in accordance with Section 3.02(a) hereof, a “Permitted Lessee) of the same type which comprise the Company’s (or such Permitted Lessee’s) fleet and (c) which is maintained in effect with insurers or reinsurers of recognized responsibility. The Company need not shall maintain cargo liability insurance with respect to the Aircraft, or may maintain such insurance in an amount not less than the Minimum Liability Insurance Amount, as long as the amount of cargo liability insuranceinsurance maintained for other aircraft operated by the Company. Such insurance shall in any event include cover for war risks and allied perils liability insurance in accordance with London form AVN52D as in effect on January 1, if any2005 or its substantive equivalent, or in the case that such coverage is maintained with respect to through the FAA, Chapter 443 of Title 49 of the United States Code as in effect on January 1, 2005, and such war risks and allied perils liability insurance shall be for an Aircraft is amount not less than the same as greater of (i) the Minimum Liability Amount and (ii) the amount of such coverage which is maintained carried by the Company for other in respect of similar aircraft owned or leased, and operated, otherwise operated by the Company, operating on the same or similar routes.

Appears in 1 contract

Samples: Loan Agreement (Flyi Inc)

Bodily Injury Liability and Property Damage Liability Insurance. 1. Except as provided in paragraph 2 of this Section A or Section 3.06(c) of the C MortgageA, and subject to the self insurance to the extent permitted by Section D hereof, the Company will at all times carry and maintain or cause to be carried and maintained, at no expense to any Additional Insuredthe Security Trustee, on a non-discriminatory basis, comprehensive airline liability insurance, including passenger legal liability, bodily injury liability, products liability, property damage liability and contractual liability (exclusive of manufacturer’s 's product liability insurance and including, without limitation, aircraft liability war risk and allied perils insurance, if and to the extent the same is maintained by Company (or Permitted Lessee) with respect to other aircraft owned or leased, and operated by Company (or Permitted Lessee) on the same routes) with respect to the Aircraft and Spare Engine, as applicable, the Engines (a) in an amount per occurrence not less than the greater of (x) the amount of comprehensive airline legal liability insurance from time to time applicable to aircraft owned or leased and operated by the Company of the same type and operating on similar routes as the Aircraft and (y) the Minimum Liability Insurance Amount, (b) of the type and covering the same risks as from time to time applicable to aircraft and engines operated by the Company (or any lessee to whom such Engine is leased under and in accordance with Section 3.02(a)(viii) hereof, a "Permitted Lessee") of the same type which comprise the Company’s 's (or such Permitted Lessee’s's) fleet and (c) which is maintained in effect with insurers or reinsurers of recognized responsibility. The Company need not shall maintain cargo liability insurance with respect to the Aircraft, or may maintain such insurance in an amount not less than the Minimum Liability Insurance Amount, as long as the amount of cargo liability insuranceinsurance maintained for other aircraft operated by the Company. Such insurance shall in any event include cover for war risks and allied perils liability insurance in accordance with London form AVN52D as in effect on September 1, if any2004 or its substantive equivalent, or in the case that such coverage is maintained with respect to through the FAA, Chapter 443 of Title 49 of the United States Code as in effect on September 1, 2004, and such war risks and allied perils liability insurance shall be for an Aircraft is amount not less than the same as greater of (i) the Minimum Liability Amount and (ii) the amount of such coverage which is maintained carried by the Company for other in respect of similar aircraft owned or leased, and operated, otherwise operated by the Company, operating on the same or similar routes.

Appears in 1 contract

Samples: Engine Mortgage and Security Agreement (America West Holdings Corp)

Bodily Injury Liability and Property Damage Liability Insurance. 1. Except as provided in paragraph 2 of this Section A or Section 3.06(c) of the C MortgageA, and subject to the self insurance to the extent permitted by Section D hereof, the Company will at all times carry and maintain or cause to be carried and maintained, at no expense to any Additional Insuredthe Security Trustee, on a non-discriminatory basis, comprehensive airline liability insurance, including passenger legal liability, bodily injury liability, products liability, property damage liability and contractual liability (exclusive of manufacturer’s 's product liability insurance and including, without limitation, aircraft liability war risk and allied perils insurance, if and to the extent the same is maintained by Company (or Permitted Lessee) with respect to other aircraft owned or leased, and operated by Company (or Permitted Lessee) on the same routes) with respect to the Aircraft and Spare Engine, as applicable, the Engines (a) in an amount per occurrence not less than the greater of (x) the amount of comprehensive airline legal liability insurance from time to time applicable to aircraft owned or leased and operated by the Company of the same type and operating on similar routes as the Aircraft and (y) the Minimum Liability Insurance Amount, (b) of the type and covering the same risks as from time to time applicable to aircraft and engines operated by the Company (or any lessee to whom such Engine is leased under and in accordance with Section 3.02(viii) hereof, a "Permitted Lessee") of the same type which comprise the Company’s 's (or such Permitted Lessee’s's) fleet and (c) which is maintained in effect with insurers or reinsurers of recognized responsibility. The Company need not shall maintain cargo liability insurance with respect to the Aircraft, or may maintain such insurance in an amount not less than the Minimum Liability Insurance Amount, as long as the amount of cargo liability insuranceinsurance maintained for other aircraft operated by the Company. Such insurance shall in any event include cover for war risks and allied perils liability insurance in accordance with London form AVN52D as in effect on September 1, if any2004 or its substantive equivalent, or in the case that such coverage is maintained with respect to through the FAA, Chapter 443 of Title 49 of the United States Code as in effect on September 1, 2004 and such war risks and allied perils liability insurance shall be for an Aircraft is amount not less than the same as greater of (i) the Minimum Liability Amount and (ii) the amount of such coverage which is maintained carried by the Company for other in respect of similar aircraft owned or leased, and operated, otherwise operated by the Company, operating on the same or similar routes.

Appears in 1 contract

Samples: Mortgage and Security Agreement (America West Holdings Corp)

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