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

Bodily Injury Liability and Property Damage Liability Insurance. (a) Except as provided in paragraph (b) of this Section 6.01, and subject to the self insurance to the extent permitted by Section 6.04 and the provisions of Section 6.08, the Borrower will at all times carry and maintain or cause to be carried and maintained, on a non-discriminatory basis and with insurers of internationally recognized responsibility acceptable to the Administrative Agent (which acceptability not to be unreasonably withheld or delayed), airline liability insurance, including passenger legal liability, bodily injury liability, war risk and allied perils liability, property damage liability, and contractual liability (exclusive of manufacturer's product liability insurance) with respect to 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 cargo liability insurance maintained for other aircraft operated by the Borrower.

Appears in 2 contracts

Samples: Mortgage and Security Agreement (Frontier Airlines Inc /Co/), Mortgage and Security Agreement (Frontier Airlines Inc /Co/)

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Bodily Injury Liability and Property Damage Liability Insurance. (a) Except as provided in paragraph (b) of this Section 6.01, and subject to the self insurance to the extent permitted by Section 6.04 and the provisions of Section 6.08, the Borrower will at all times carry and maintain or cause to be carried and maintained, on a non-discriminatory basis and with insurers of internationally recognized responsibility acceptable to the Administrative Agent (which acceptability not to be unreasonably withheld or delayed), airline liability insurance, including passenger legal liability, bodily injury liability, war risk and allied perils liability, property damage liability, and contractual liability (exclusive of manufacturer's product liability insurance) with respect to the each 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 cargo liability insurance maintained for other aircraft operated by the Borrower.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Frontier Airlines Inc /Co/)

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Bodily Injury Liability and Property Damage Liability Insurance. (a) Except as provided in paragraph (b) of this Section 6.01, and subject to the self insurance to the extent permitted by Section 6.04 and the provisions of Section 6.08, the Borrower will at all times carry and maintain or cause to be carried and maintained, on a non-discriminatory basis and with insurers of internationally recognized responsibility acceptable to the Administrative Agent (which acceptability not to be unreasonably withheld or delayed), airline liability insurance, including passenger legal liability, bodily injury liability, war risk and allied perils liability, property damage liability, and contractual liability (exclusive of manufacturer's product liability insurance) with respect to the each Aircraft in an amount per occurrence not less than $600,000,000500,000,000. The Borrower shall maintain cargo liability insurance in an amount not less than the amount of cargo liability insurance maintained for other aircraft operated by the Borrower.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Frontier Airlines Inc /Co/)

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