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 Mortgage, 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 (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 the Grantor with respect to other similar types of engines owned or leased and operated by Grantor on the same routes) with respect to each Engine (a) in an amount per occurrence not less than the amount of comprehensive airline legal liability insurance from time to time applicable to engines owned or leased and operated by Grantor of the same type and operating on similar routes as the applicable Engine, (b) of the type and covering the same risks as from time to time applicable to engines operated or used by the Grantor of the same type which comprise the Grantor’s fleet and (c) which is maintained in effect with insurers or reinsurers of recognized responsibility. 2. During any period that an Engine is on the ground and not in operation, the Grantor may carry or cause to be carried as to such non-operating property, in lieu of the insurance required by paragraph 1 above, insurance otherwise conforming to the provisions of said paragraph 1 except that (a) the amounts of coverage shall not be required to exceed the amounts of bodily injury liability and property damage liability insurance from time to time applicable to engines owned or leased by the Grantor of the same or similar type as the Engine and which are on the ground and not in operation and (b) the scope of the risks covered and the type of insurance shall be the same as from time to time shall be applicable to engines owned or leased by the Grantor of the same or similar type and which are on the ground and not in operation.

Bodily Injury Liability and Property Damage Liability Insurance. 1. (a) Except as provided in paragraph 2 (b) of this Section A or 6.01, and subject to the self insurance to the extent permitted by Section 3.06(c) 6.04 and the provisions of the MortgageSection 6.08, the Grantor Borrower will at all times carry and maintain, maintain or cause to be carried and maintained, at no expense to any Additional Insured, on a non-discriminatory basisbasis and with insurers of internationally recognized responsibility acceptable to the Administrative Agent (which acceptability not to be unreasonably withheld or delayed), comprehensive airline liability insurance, including passenger legal liability, bodily injury liability, war risk and allied perils liability, property damage liability 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 the Grantor with respect to other similar types of engines owned or leased and operated by Grantor on the same routes) with respect to each Engine (a) the Aircraft in an amount per occurrence not less than $600,000,000. The Borrower shall maintain cargo liability insurance in an amount not less than the amount of comprehensive airline legal cargo liability insurance from time to time applicable to engines owned or leased and maintained for other aircraft operated by Grantor of the same type and operating on similar routes as the applicable Engine, Borrower. (b) of the type and covering the same risks as from time to time applicable to engines operated or used by the Grantor of the same type which comprise the Grantor’s fleet and (c) which is maintained in effect with insurers or reinsurers of recognized responsibility. 2. During any period that an Engine the Aircraft is on the ground and not in operation, the Grantor Borrower may carry or cause to be carried as to such non-operating propertycarried, in lieu of the insurance required by paragraph 1 (a) above, and subject to the self-insurance to the extent permitted by Section 6.04, insurance otherwise conforming to the provisions of said paragraph 1 (a) except that (ai) the amounts of coverage shall not be required to exceed the amounts of bodily injury liability and property damage liability insurance from time to time applicable to engines aircraft owned or leased by the Grantor major U.S. carriers of the same or similar type as the Engine and Aircraft which are on is the ground and not in operation and (bii) the scope of the risks covered and the type of insurance shall be consistent with industry practice and the same as from time to time shall be applicable to engines aircraft owned or leased by the Grantor major U.S. carriers of the same or similar type and which are on the ground and not in operationoperation and will be consistent with industry practice.

Bodily Injury Liability and Property Damage Liability Insurance. 1. (a) Except as provided in paragraph 2 (b) of this Section A or 6.01, and subject to the self insurance to the extent permitted by Section 3.06(c) 6.04 and the provisions of the MortgageSection 6.08, the Grantor Borrower will at all times carry and maintain, maintain or cause to be carried and maintained, at no expense to any Additional Insured, on a non-discriminatory basisbasis and with insurers of internationally recognized responsibility acceptable to the Administrative Agent (which acceptability not to be unreasonably withheld or delayed), comprehensive airline liability insurance, including passenger legal liability, bodily injury liability, war risk and allied perils liability, property damage liability 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 the Grantor with respect to other similar types of engines owned or leased and operated by Grantor on the same routes) with respect to each Engine (a) Aircraft in an amount per occurrence not less than $500,000,000. The Borrower shall maintain cargo liability insurance in an amount not less than the amount of comprehensive airline legal cargo liability insurance from time to time applicable to engines owned or leased and maintained for other aircraft operated by Grantor of the same type and operating on similar routes as the applicable Engine, Borrower. (b) of the type and covering the same risks as from time to time applicable to engines operated or used by the Grantor of the same type which comprise the Grantor’s fleet and (c) which is maintained in effect with insurers or reinsurers of recognized responsibility. 2. During any period that an Engine Aircraft is on the ground and not in operation, the Grantor Borrower may carry or cause to be carried as to such non-operating propertycarried, in lieu of the insurance required by paragraph 1 (a) above, and subject to the self-insurance to the extent permitted by Section 6.04, insurance otherwise conforming to the provisions of said paragraph 1 (a) except that (ai) the amounts of coverage shall not be required to exceed the amounts of bodily injury liability and property damage liability insurance from time to time applicable to engines aircraft owned or leased by the Grantor major U.S. carriers of the same or similar type as the Engine and such Aircraft which are on the ground and not in operation and (bii) the scope of the risks covered and the type of insurance shall be consistent with industry practice and the same as from time to time shall be applicable to engines aircraft owned or leased by the Grantor major U.S. carriers of the same or similar type and which are on the ground and not in operationoperation and will be consistent with industry practice.

Bodily Injury Liability and Property Damage Liability Insurance. 1. (a) Except as provided in paragraph 2 (b) of this Section A or 6.01, and subject to the self insurance to the extent permitted by Section 3.06(c) 6.04 and the provisions of the MortgageSection 6.08, the Grantor Borrower will at all times carry and maintain, maintain or cause to be carried and maintained, at no expense to any Additional Insured, on a non-discriminatory basisbasis and with insurers of internationally recognized responsibility acceptable to the Administrative Agent (which acceptability not to be unreasonably withheld or delayed), comprehensive airline liability insurance, including passenger legal liability, bodily injury liability, war risk and allied perils liability, property damage liability 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 the Grantor with respect to other similar types of engines owned or leased and operated by Grantor on the same routes) with respect to each Engine (a) Aircraft in an amount per occurrence not less than $*. The Borrower shall maintain cargo liability insurance in an amount not less than the amount of comprehensive airline legal cargo liability insurance from time to time applicable to engines owned or leased and maintained for other aircraft operated by Grantor of the same type and operating on similar routes as the applicable Engine, Borrower. (b) of the type and covering the same risks as from time to time applicable to engines operated or used by the Grantor of the same type which comprise the Grantor’s fleet and (c) which is maintained in effect with insurers or reinsurers of recognized responsibility. 2. During any period that an Engine Aircraft is on the ground and not in operation, the Grantor Borrower may carry or cause to be carried as to such non-operating propertycarried, in lieu of the insurance required by paragraph 1 (a) above, and subject to the self-insurance to the extent permitted by Section 6.04, insurance otherwise conforming to the provisions of said paragraph 1 (a) except that (ai) the amounts of coverage shall not be required to exceed the amounts of bodily injury liability and property damage liability insurance from time to time applicable to engines aircraft owned or leased by the Grantor major U.S. carriers of the same or similar type as the Engine and such Aircraft which are on the ground and not in operation and (bii) the scope of the risks covered and the type of insurance shall be consistent with industry practice and the same as from time to time shall be applicable to engines aircraft owned or leased by the Grantor major U.S. carriers of the same or similar type and which are on the ground and not in operationoperation and will be consistent with industry practice.