Common use of Effective Date; Term of the Insurance Agreement Clause in Contracts

Effective Date; Term of the Insurance Agreement. This ----------------------------------------------- Insurance Agreement shall take effect on the Closing Date and shall remain in effect until the later of (a) such time as the Insurer is no longer subject to a claim under either Policy and each Policy shall have been surrendered to the Insurer for cancellation and (b) all amounts payable to the Insurer by IOS Capital and the Issuer hereunder or from any other source hereunder or under the Company Documents and all amounts payable under the Notes have been paid in full; provided, however, that the provisions of Sections 3.02, 3.03 and 3.04 -------- ------- hereof shall survive any termination of this Insurance Agreement.

Appears in 2 contracts

Samples: Insurance and Indemnity Agreement (Ikon Receivables LLC), Insurance and Indemnity Agreement (Ikon Receivables LLC)

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Effective Date; Term of the Insurance Agreement. This ----------------------------------------------- Insurance Agreement shall take effect on the Closing Date and shall remain in effect until the later of (a) such time as the Insurer is no longer subject to a claim under either Policy and each Policy shall have been surrendered to the Insurer for cancellation and (b) all amounts payable to the Insurer by IOS Capital and the Issuer hereunder or from any other source hereunder or under the Company Documents and all amounts payable under the Notes have been paid in full; provided, however, that the provisions of Sections 3.02, 3.03 and 3.04 -------- ------- hereof shall survive any termination of this Insurance Agreement.

Appears in 2 contracts

Samples: Insurance and Indemnity Agreement (Ikon Receivables LLC), Insurance and Indemnity Agreement (Ikon Receivables LLC)

Effective Date; Term of the Insurance Agreement. This ----------------------------------------------- Insurance Agreement shall take effect on the Closing Date and shall remain in effect until the later of (a) such time as the Insurer Policy Provider is no longer subject to a claim under either the Policy and each the Policy shall have been surrendered to the Insurer Policy Provider for cancellation and (b) all amounts payable to the Insurer Policy Provider by IOS Capital and AWA or the Issuer Subordination Agent hereunder or from any other source hereunder or under the Company Documents Operative Agreements and all amounts payable under the Notes Class G Certificates have been paid in full; provided, however, that the provisions of Sections 3.02, 3.03 and Section 3.04 -------- ------- hereof shall survive any termination of this Insurance Agreement.

Appears in 2 contracts

Samples: Insurance and Indemnity Agreement (America West Airlines Inc), Insurance and Indemnity Agreement (America West Airlines Inc)

Effective Date; Term of the Insurance Agreement. This ----------------------------------------------- Insurance Agreement shall take effect on the Closing Date and shall remain in effect until the later of (a) such time as the Insurer is no longer subject to a claim under either the Policy and each the Policy shall have been surrendered to the Insurer for cancellation and (b) all amounts payable to the Insurer by IOS Capital and the Issuer hereunder or from any other source hereunder or under the Company Documents and all amounts payable under the Notes have been paid in full; provided, however, that the provisions of Sections 3.02, 3.03 and 3.04 -------- ------- hereof shall survive any termination of this Insurance Agreement.

Appears in 1 contract

Samples: Insurance and Indemnity Agreement (Ikon Receivables Funding LLC)

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Effective Date; Term of the Insurance Agreement. This ----------------------------------------------- Insurance Agreement shall take effect on the Closing Date and shall remain in effect until the later of (a) such time as the Insurer is no longer subject to a claim under either the Policy and each the Policy shall have been surrendered to the Insurer for cancellation and (b) all amounts payable to the Insurer by IOS Capital and the Issuer hereunder or from any other source hereunder or under the Company Documents and all amounts payable under the Notes have been paid in full; provided, however, that the provisions of Sections 3.02, 3.03 and 3.04 hereof -------- ------- hereof shall survive any termination of this Insurance Agreement.

Appears in 1 contract

Samples: Insurance and Indemnity Agreement (Ikon Receivables LLC)

Effective Date; Term of the Insurance Agreement. This ----------------------------------------------- Insurance Agreement shall take effect on the Closing Date and shall remain in effect until the later of (a) such time as the Insurer is no longer subject to a claim under either Policy and each Policy the Policies shall have been surrendered to the Insurer for cancellation and (b) all amounts payable to the Insurer by IOS Capital and the Issuer hereunder or from any other source hereunder or under the Company Documents and all amounts payable under the Notes have been paid in full; provided, however, that the provisions of Sections 3.02, 3.03 and 3.04 -------- ------- hereof shall survive any termination of this Insurance Agreement.

Appears in 1 contract

Samples: Insurance and Indemnity Agreement (Ikon Receivables Funding LLC)

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