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 Policy Provider is no longer subject to a claim under the Policy and the Policy shall have been surrendered to the Policy Provider for cancellation and (b) all amounts payable to the Policy Provider by America West or the Subordination Agent hereunder or from any other source hereunder or under the Operative Agreements and all amounts payable under the Class G Certificates have been paid in full; provided, however, that the provisions of Section 3.04 hereof shall survive any termination of this Insurance Agreement.

Appears in 1 contract

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

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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 Policy Provider Insurer is no longer subject to a claim under the Policy and the Policy shall have been surrendered to the Policy Provider Insurer for cancellation and (b) all amounts payable to the Policy Provider Insurer by America West EOI or the Subordination Agent Depositor hereunder or from any other source hereunder or under the Operative Agreements Documents and all amounts payable under the Class G A Certificates have been paid in full; provided, however, that the provisions of Section 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 (Equity One Abs 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 Policy Provider is no longer subject to a claim under the Policy and the Policy shall have been surrendered to the Policy Provider for cancellation and (b) all amounts payable to the Policy Provider by America West JetBlue or the Subordination Agent hereunder or from any other source hereunder or under the Operative Agreements and all amounts payable under the Class G G-1 Certificates have been paid in full; provided, however, that the provisions of Section 3.04 hereof shall survive any termination of this Insurance Agreement.

Appears in 1 contract

Samples: Insurance and Indemnity Agreement (Jetblue Airways Corp)

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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 Policy Provider is no longer subject to a claim under the Policy and the Policy shall have been surrendered to the Policy Provider for cancellation and (b) all amounts payable to the Policy Provider by America West Continental or the Subordination Agent hereunder or from any other source hereunder or under the Operative Agreements Documents and all amounts payable under the Class G Certificates have been paid in full; provided, however, that the provisions of Section 3.04 hereof shall survive any termination of this Insurance Agreement.

Appears in 1 contract

Samples: Insurance and Indemnity Agreement (Continental Airlines Inc /De/)

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