Contractual Liability; Tail Coverage for Liability Insurance. The Insurances referred to in Section 19.2 shall: (a) include and insure (to the extent of the risks covered by the policies) the indemnity provisions of Article 18; (b) for a period of two (2) years after the Termination Date, at Lessee’s cost and expense, continue to name each Indemnitee as additional insureds; and (c) should Lessor and/or Owner transfer their interests in the Aircraft and this Lease pursuant to and in accordance with the provisions of Article 25, for a period of two (2) years from the effective date of such transfer continue to name as additional insured(s) the transferring Lessor (and the relevant transferring Owner and Financing Parties and other related Indemnitees).
Appears in 3 contracts
Samples: Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.), Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.), Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.)
Contractual Liability; Tail Coverage for Liability Insurance. The Insurances referred to in Section 19.2 shall:
(a) include and insure (to the extent of the risks covered by the policies) the indemnity provisions of Article 18;
(b) for a period of two (2) years after the Termination Date, at Lessee’s cost and expense, continue to name each Indemnitee as additional insureds; and
(c) should Lessor and/or Owner transfer their interests in the Aircraft and this Lease pursuant to and in accordance with the provisions of Article 25, for a period of two (2) years from the effective date of such transfer continue to name as additional insured(s) the transferring Lessor (and the relevant transferring Owner and Financing Parties and other related Indemnitees).. ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 50 ARTICLE 19 INSURANCE
Appears in 1 contract
Samples: Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.)
Contractual Liability; Tail Coverage for Liability Insurance. The Insurances referred to in Section 19.2 shall:
(a) include and insure (to the extent of the risks covered by the policies) the indemnity provisions of Article 18;
(b) for a period of two (2) years after the Termination Date, at Lessee’s cost and expense, continue to name each Indemnitee as additional insureds; and
(c) should Lessor and/or Owner transfer their interests in the Aircraft and this Lease pursuant to and in accordance with the provisions of Article 25, for a period of two (2) years from the effective date of such transfer continue to name as additional insured(s) the transferring Lessor (and the relevant transferring Owner and Financing Parties and other related Indemnitees).
Appears in 1 contract
Samples: Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.)
