Ground Insurance Sample Clauses
Ground Insurance. When the insurances required hereunder are not maintained in full force and effect, the Aircraft shall be grounded and Lessee shall, if required by Lessor, maintain at its sole cost, such ground insurance as is of the type customarily carried by operators of aircraft similar to the Aircraft being adequately insured, and subject to the Aircraft being adequately insured, Lessor may require the Aircraft to proceed to or remain at an airport designated by Lessor acting reasonably (at Lessor's sole cost and expense) until the provisions of this Section 10 shall be fully complied with.
Ground Insurance. During the period from EDC until Launch, Contractor shall obtain and maintain, ***, insurance coverage (the “Ground Insurance”) against all risks of loss, including without limitation earthquake and other natural disasters and damage to the Satellite and its Components in an amount sufficient to cover the greater of: (i) the Contractor’s full replacement value of the Satellite; and (ii) the amounts paid by Purchaser with respect to the Satellite. Such insurance shall be on reasonable and customary terms and shall include: (a) coverage for removal of debris, and insuring the structures, machines, equipment, facilities, fixtures and other properties constituting part of the project; (b) transit coverage, including without limitation ocean marine coverage (unless insured by the supplier); (c) off-site coverage for any key equipment; and (d) off-site coverage covering any property or equipment not stored on the construction site. The deductible for such insurance shall not exceed *** Contractor shall have Purchaser and/or its designees named as an additional named insured and additional loss payee on such insurance policy(ies) to the extent of their interest(s). Prior to commencing the Work, and whenever requested by Purchaser, Contractor agrees to furnish to Purchaser certificates of insurance evidencing that insurance required under this Article 28.2.1 is in full force and effect.