Common use of Certificates; Reports, Etc Clause in Contracts

Certificates; Reports, Etc. With respect to any policy required hereunder, Lessee shall cause to be furnished to Lessor, Indenture Trustee and each Participant on or prior to the Delivery Date of the Aircraft and on or prior to expiration of such policy, certificates of the insurer or insurers (or their authorized representatives) providing insurance pursuant to the requirements of this Section 11. On or before the Delivery Date of the Aircraft, and annually thereafter on or before the renewal date of such policy, Lessee shall cause to be furnished to Lessor, Indenture Trustee, the Original Loan Participant and Owner Participant a report signed by Willxx Xxxxxxx Xxxospace (or any other firm of independent aircraft insurance brokers, appointed by Lessee, reasonably satisfactory to the Original Loan Participant and Owner Participant) describing in reasonable detail the insurance then carried and maintained with respect to the Aircraft and stating the opinion of such firm that the insurance then carried and maintained on the Aircraft complies with the terms hereof. Lessee agrees that it will cause such firm to advise Lessor, Indenture Trustee, the Original Loan Participant and Owner Participant in writing promptly of any default in the payment of any premium or any other act or omission on the part of Lessee or any Permitted Sublessee of which they have knowledge and which might invalidate or render unenforceable, in whole or in part, the insurance on the Aircraft. To the extent such agreement is reasonably obtainable, Lessee further agrees to cause such firm to advise Lessor, Indenture Trustee and each Participant in writing at least 30 days (seven days in the case of war-risk and allied perils coverage or such lesser or greater notice as is customary in the aviation industry generally) prior to any expiration, lapse, alteration, cancellation or termination date of any insurance carried and maintained on the Aircraft pursuant to this Section 11.

Certificates; Reports, Etc. With respect to any policy required hereunder, Lessee shall cause to be furnished to Lessor, Indenture Trustee and each Participant on or prior to the Delivery Date of the Aircraft and on or prior to expiration of such policy, certificates of the insurer or insurers (or their authorized representatives) providing insurance pursuant to the requirements of this Section 11. On or before the Delivery Date of the Aircraft, and annually thereafter on or before the renewal date of such policy, Lessee shall cause to be furnished to Lessor, Indenture Trustee, the Original Loan Participant and Owner Participant a report signed by Willxx Xxxxxxx Xxxospace (or any other firm of independent aircraft insurance brokers, appointed by Lessee, reasonably satisfactory to the Original Loan Participant and Owner Participant) describing in reasonable detail the insurance then carried and maintained with respect to the Aircraft and stating the opinion of such firm that the insurance then carried and maintained on the Aircraft complies with the terms hereof. Lessee agrees that it will cause such firm to advise Lessor, Indenture Trustee, the Original Loan Participant and Owner Participant in writing promptly of any default in the payment of any premium or any other act or omission on the part of Lessee or any Permitted Sublessee of which they have knowledge and which might invalidate or render unenforceable, in whole or in part, the insurance on the Aircraft. To the extent such agreement is reasonably obtainable, Lessee further agrees to cause such firm to advise Lessor, Indenture Trustee and each Participant in writing at least 30 days (seven days in the case of war-risk and allied perils coverage or such lesser or greater notice as is customary in the aviation industry generally) prior to any expiration, lapse, alteration, cancellation or termination date of any insurance carried and maintained on the Aircraft pursuant to this Section 11.

Certificates; Reports, Etc. With respect to any policy required hereunder, Lessee shall cause to be furnished to Lessor, Indenture Trustee and each Participant on or prior to the Delivery Date of the Aircraft and on or prior to expiration of such policy, certificates of the insurer or insurers (or their authorized representatives) providing insurance pursuant to the requirements of this Section 11. On or before the Delivery Date of the Aircraft, and annually thereafter on or before the renewal date of such policy, Lessee shall cause to be furnished to Lessor, Indenture Trustee, the Original Loan Participant and Owner Participant a report signed by Willxx Xxxxxxx Xxxospace (or SALE AND LEASE AGREEMENT [N603SW] -45- 52 any other firm of independent aircraft insurance brokers, appointed by Lessee, reasonably satisfactory to the Original Loan Participant and Owner Participant) describing in reasonable detail the insurance then carried and maintained with respect to the Aircraft and stating the opinion of such firm that the insurance then carried and maintained on the Aircraft complies with the terms hereof. Lessee agrees that it will cause such firm to advise Lessor, Indenture Trustee, the Original Loan Participant and Owner Participant in writing promptly of any default in the payment of any premium or any other act or omission on the part of Lessee or any Permitted Sublessee of which they have knowledge and which might invalidate or render unenforceable, in whole or in part, the insurance on the Aircraft. To the extent such agreement is reasonably obtainable, Lessee further agrees to cause such firm to advise Lessor, Indenture Trustee and each Participant in writing at least 30 days (seven days in the case of war-risk and allied perils coverage or such lesser or greater notice as is customary in the aviation industry generally) prior to any expiration, lapse, alteration, cancellation or termination date of any insurance carried and maintained on the Aircraft pursuant to this Section 11.

Certificates; Reports, Etc. With respect to any policy required hereunder, Lessee shall cause to be furnished to Lessor, Indenture Trustee and each Participant on or prior to the Delivery Date of the Aircraft and on or prior to expiration of such policy, certificates of the insurer or insurers (or their authorized representatives) providing insurance pursuant to the requirements of this Section 11. On or before the Delivery Date of the Aircraft, and annually thereafter on or before the renewal date of such policy, Lessee shall cause to be furnished to Lessor, Indenture Trustee, the Original Loan Participant and Owner Participant a report signed by Willxx Xxxxxxx Xxxospace (or any other firm of independent aircraft insurance brokers, appointed by Lessee, reasonably satisfactory to the Original Loan Participant and Owner Participant) describing in reasonable detail the insurance then carried and maintained with respect to the Aircraft and stating the opinion of such firm that the insurance then carried and maintained on the Aircraft complies with the terms hereof. Lessee agrees that it will cause such firm to advise Lessor, Indenture Trustee, the Original Loan Participant and Owner Participant in writing promptly of any default in the payment of any premium or any other act or omission on the part of Lessee or any Permitted Sublessee of which they have knowledge and which might invalidate or render unenforceable, in whole or in part, the insurance on the Aircraft. To the extent such agreement is reasonably obtainable, Lessee further agrees to cause such firm to advise Lessor, Indenture Trustee and each Participant in writing at least 30 days (seven days in the case of war-risk and allied perils coverage or such lesser or greater notice as is customary in the aviation industry generally) prior to any expiration, lapse, alteration, cancellation or termination date of any insurance carried and maintained on the Aircraft pursuant to this Section 11.to