Hull and Liability Insurance. Lessor shall arrange for and maintain at all times during the term of this Agreement at its expense (a) aircraft liability insurance for the Aircraft in the form and substance and with such insurers as is customary for large corporate aircraft of the type similar to the Aircraft, but in any event with limits of not less than $100,000,000.00 single limit and shall cause Sublessee to be named as an additional insured thereunder and (b) aircraft hull insurance for the Aircraft in an amount to be determined by Lessor. A certificate of insurance (and, upon request, a copy of the insurance policy(ies)) shall be furnished to Sublessee after the execution of this Agreement and prior to flights being conducted under this Agreement. In addition, Lessor shall provide Sublessee with advance written notice prior to amending or terminating any insurance on the Aircraft and shall provide Sublessee with a certificate of insurance promptly after entering into any amended or newly issued insurance policy.
Hull and Liability Insurance. Owner hereby agrees to arrange for and maintain at all time during the term of this Agreement at its expense (a) aircraft liability insurance for the Aircraft in the form and substance and with such insurers as is customary for corporate aircraft of the type similar to the Aircraft, but in any event with limits of not less than Three Hundred Million Dollars ($300,000,000) single limit and shall cause Lessee to be named as an additional insured thereunder and (b) aircraft hull insurance for the Aircraft with limits of not less than the then current fair market value of the Aircraft. A certificate of insurance shall be furnished to Lessee upon request after the execution of this Agreement and prior to flights being undertaken under this Agreement. In addition, Owner shall provide Lessee with advance written notice prior to amending or terminating any insurance on the Aircraft.
Hull and Liability Insurance. (a) The Company, at its sole cost, shall maintain in effect during the Term liability insurance covering public liability, property damage, including passenger legal liability and the all risk hull and engine insurance in at least the amount required under the Aircraft Management Agreement between the Company and The Air Group, Inc. or the Aircraft Lease. The Company’s insurance shall be primary and without right of contribution from any insurance of Executive.
Hull and Liability Insurance. (i) ABX will be responsible for and cause to be maintained, at its sole cost and expense, “all risk” hull insurance (including war risk hull and terrorism insurance) for the Aircraft covered by this Agreement, with a waiver of subrogation in favor of DHL. Initials: ABX:__________ DHL:__________ Those portions of this Agreement marked with an [*] have been omitted pursuant to a request for confidential treatment and have been filed separately with the SEC.
Hull and Liability Insurance. Owner hereby agrees to arrange for and maintain at all time during the term of this Agreement at its expense (a) aircraft liability insurance for the Aircraft in the form and substance and with such insurers as is customary for large corporate aircraft of the type similar to the Aircraft, but in any event with limits of not less than Three Hundred Million Dollars ($300,000,000) single limit and shall cause Lessee to be named as an additional insured thereunder and (b) aircraft hull insurance for the Aircraft with limits of not less than the then current fair market value of the Aircraft. A certificate of insurance (and, upon request, a copy of the insurance policy(ies)) shall be furnished to Lessee’s Treasurer after the execution of this Agreement and prior to flights being undertaken under this Agreement. In addition, Owner shall provide Lessee’s Treasurer with advance written notice prior to amending or terminating any insurance on the Aircraft and shall provide Lessee with a certificate of insurance promptly after entering into any amended or newly issued insurance policy.
Hull and Liability Insurance. Sublessor hereby agrees to arrange for and maintain at all time during the term of this Agreement at its expense (a) aircraft liability insurance for the Aircraft in the form and substance and with such insurers as is customary for large corporate aircraft of the type similar to the Aircraft, but in any event with limits of not less than Three Hundred Million Dollars ($300,000,000.00) single limit and shall cause Sublessee to be named as an additional insured thereunder and (b) aircraft hull insurance for the Aircraft with limits of not less than Twenty Four Million Five Hundred Thousand Dollars ($24,500,000.00). A certificate of insurance (and, upon request, a copy of the insurance policy(ies)) shall be furnished to Sublessee’s Treasurer after the execution of this Agreement and prior to flights being undertaken under this Agreement. In addition, Sublessor shall provide Sublessee’s Treasurer with advance written notice prior to amending or terminating any insurance on the Aircraft and shall provide Sublessee with a certificate of insurance promptly after entering into any amended or newly issued insurance policy.
Hull and Liability Insurance. (i) ABX will be responsible for and cause to be maintained, at its sole cost and expense, “all risk” hull insurance (including aircraft hull and spares deductible insurance in an amount of not less than $900,000 each and every loss each aircraft/engine excess of $100,000 each and every loss each aircraft/engine, war risk hull and terrorism insurance) for the Aircraft covered by this Agreement, with a waiver of subrogation in favor of DHL.
Hull and Liability Insurance. H-5.1. Non-premium war risk insurance issued by the FAA will be requested by USTRANSCOM on behalf of the Contractor when:
