Hangarkeepers Liability Sample Clauses
The Hangarkeepers Liability clause defines the responsibility of a party, typically the operator of an aircraft hangar, for loss or damage to aircraft or property stored within their care. This clause outlines the circumstances under which the hangar operator may be held liable for incidents such as theft, fire, or accidental damage while the aircraft is in their custody. Its core function is to allocate risk and clarify the extent of the hangar operator's legal obligations, thereby protecting both the property owner and the hangar operator from disputes over liability.
Hangarkeepers Liability. If Tenant is authorized to hangar aircraft, hangarkeepers liability insurance coverage for property damage to aircraft in the care, custody, or control of the insured of not less than one million dollars ($1,000,000) general aggregate limit of liability.
Hangarkeepers Liability. (If applicable per Exhibit A) Contractor must maintain hangarkeepers liability with limits no less than $1,000,000.00 per occurrence with a $2,000,000.00 annual policy aggregate.
Hangarkeepers Liability. A Per Aircraft Limit equal to the maximum value of any aircraft but not less than $100,000 per aircraft limit and not required to exceed $5,000,000 per aircraft limit. A Per Occurrence Limit of all aircraft while in the care, custody, or control of the lessee consistent with the storage capability of each hangar and not required to exceed $10,000,000.
Hangarkeepers Liability. If applicable, while in care, custody and control $5,000,000 per occurrence, subject to policy deductibles.
Hangarkeepers Liability. Required for aircraft service providers, protects LVMPD’s aircraft from loss and or related parts and equipment while in Company’s care, custody and control.
Hangarkeepers Liability with a limit of not less than seven hundred fifty thousand dollars ($750,000) combined single limit (CSL) per occurrence and one million dollars ($1,000,000) aggregate.