Common use of Continuing Indemnity Clause in Contracts

Continuing Indemnity. Lessor may require Lessee to effect and to maintain insurance after the Expiry Date with respect to its liability under the indemnities in Clause 10 for such period as Lessor may reasonably require (but in any event not more than 3 years) which provides for each Indemnitee to be named as additional insured. Lessee's obligation in this Clause shall not be affected by Lessee ceasing to be lessee of the Aircraft and/or any of the Indemnitees ceasing to have any interest in respect of the Aircraft.

Appears in 10 contracts

Samples: Aircraft Lease Agreement (Air South Airlines Inc), Aircraft Lease Agreement (Air South Airlines Inc), Aircraft Lease Agreement (Air South Airlines Inc)

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Continuing Indemnity. Lessor may require Lessee to effect and to maintain insurance after the Expiry Expiration Date with respect to its liability under the indemnities in Clause Section 10 for such period as Lessor may reasonably require (but in any event not more than 3 three (3) years) which provides for each Indemnitee to be named as additional insured. Lessee's obligation in this Clause Section shall not be affected by Lessee ceasing to be lessee of the Aircraft and/or any of the Indemnitees ceasing to have any interest in respect of the Aircraft.

Appears in 4 contracts

Samples: Aircraft Lease Agreement (Vanguard Airlines Inc \De\), Aircraft Lease Agreement (Vanguard Airlines Inc \De\), Aircraft Lease Agreement (Air South Airlines Inc)

Continuing Indemnity. The Lessor may require the Lessee to effect and to maintain insurance after the Expiry Date with respect to its liability under the indemnities in Clause 10 for such period as the Lessor may reasonably require (but in any event not more than 3 three years) which provides providing for each Indemnitee to be named as additional insured. The Lessee's obligation in under this Clause 9.5 shall not be affected by the Lessee ceasing to be lessee of the Aircraft and/or or any of the Indemnitees ceasing to have any interest in respect of the Aircraft.

Appears in 2 contracts

Samples: Lease Agreement (Turn Works Acquisition Iii Sub a Inc), Lease Agreement (Turn Works Acquisition Iii Sub a Inc)

Continuing Indemnity. Lessor may require Lessee to effect and to maintain product liability insurance after the Expiry Date with respect to its liability under the indemnities Indemnification in Clause 10 for such period as Lessor may reasonably require (but in any event not more than 3 years) which provides for each Indemnitee to be named as additional insured. Lessee's obligation in this Clause shall not be affected by Lessee ceasing to be lessee of the Aircraft and/or any of the Indemnitees ceasing to have any interest in respect of the Aircraft.

Appears in 2 contracts

Samples: Aircraft Lease Agreement (Turn Works Acquisition Iii Sub a Inc), Aircraft Lease Agreement (Turn Works Acquisition Iii Sub a Inc)

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Continuing Indemnity. The Lessor or the Lender may require the Lessee to effect and to maintain insurance after the Expiry Date with respect to its liability under the indemnities in Clause 10 for such period as the Lessor or the Lender may reasonably require (but in any event not more than 3 three years) which provides providing for each Indemnitee to be named as additional insured. The Lessee's obligation in under this Clause 9.5 shall not be affected by the Lessee ceasing to be lessee of the Aircraft and/or or any of the Indemnitees ceasing to have any interest in respect of the Aircraft.

Appears in 1 contract

Samples: Lease Agreement (Turn Works Acquisition Iii Sub a Inc)

Continuing Indemnity. Lessor may require Lessee to effect and to maintain insurance after the Expiry Date end of the Term with respect to its liability under the indemnities in Clause Section 10 for such period as Lessor may reasonably require (but in any event not more than 3 years) which provides for each Indemnitee to be named as additional insured. Lessee's obligation in this Clause Section shall not be affected by Lessee ceasing to be lessee of the Aircraft and/or any of the Indemnitees ceasing to have any interest in respect of the Aircraft.

Appears in 1 contract

Samples: Aircraft Lease Agreement (Midway Airlines Corp)

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