Common use of Continuing Insurance for Indemnity Clause in Contracts

Continuing Insurance for Indemnity. (a) Lessee shall effect and maintain insurance after the Expiry Date with respect to its liability under the indemnities in Section 10 for two years, providing for each Indemnitee to be named as an additional insured pursuant to the provisions of the airline finance/lease contract Endorsement AVN 99. (b) Lessee’s obligation under this Section 9.6 shall not be affected by Lessee ceasing to be lessee of the Aircraft or any of the Indemnitees ceasing to have any interest in respect of the Aircraft, and upon a Transfer pursuant to Section 14.2, Lessee shall continue to name the Indemnitees as additional insureds under the Insurance policies covered by Section 1(d) of Schedule 4 for two years after the Transfer date.

Continuing Insurance for Indemnity. (a) Lessee shall will effect and maintain insurance after the Expiry Date with respect to its liability under the indemnities in Section 10 for the period expiring on the sooner of two years, years from the Expiry Date or upon next major check thereafter) providing for each Indemnitee to be named as an additional insured pursuant to the provisions of the airline finance/lease contract Endorsement AVN 99insured. (b) Lessee’s obligation under this Section 9.6 shall not be affected by Lessee ceasing to be lessee of the Aircraft or any of the Indemnitees ceasing to have any interest in respect of the Aircraft, and upon a Transfer pursuant to Section 14.2, Lessee shall continue to name the Indemnitees as additional insureds under the Insurance policies covered by Section 1(d) of Schedule 4 for the sooner two years or next major check after the Transfer date.

Continuing Insurance for Indemnity. (a) Lessor may require Lessee shall to effect and to maintain insurance after the Expiry Date with respect to its liability under the indemnities in Section 10 for two such period as Lessor may reasonably require (but in any event not more than three years, ) providing for each Indemnitee to be named as an additional insured pursuant to the provisions of the airline finance/lease contract Endorsement AVN 99insured. (b) Lessee’s 's obligation under this Section 9.6 shall not be affected by Lessee ceasing to be lessee of the Aircraft or any of the Indemnitees ceasing to have any interest in respect of the Aircraft, and upon a Transfer pursuant to Section 14.2, Lessee shall continue to name the Indemnitees as additional insureds under the Insurance policies covered by Section 1(d) of Schedule 4 for two three years after the Transfer date.