Common use of Insurance Against Physical Damage Clause in Contracts

Insurance Against Physical Damage. Lessor shall maintain in effect, at its own expense, all-risk ground and flight Aircraft hull insurance covering the Aircraft. Any such insurance shall be during the Term for an amount customary for a similar aircraft.

Appears in 16 contracts

Samples: Aircraft Dry Lease Agreement (Blackstone Inc.), Aircraft Dry Lease Agreement (Blackstone Inc.), Aircraft Dry Lease Agreement (Blackstone Inc.)

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Insurance Against Physical Damage. Lessor shall maintain in effect, at its own expense, all-risk ground and flight Aircraft hull insurance covering the Aircraft. Any such insurance shall be during the Term for an amount customary for a similar aircraft.

Appears in 2 contracts

Samples: Non Exclusive Aircraft Dry Lease Agreement (Domo, Inc.), Non Exclusive Aircraft Dry Lease Agreement (Domo, Inc.)

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Insurance Against Physical Damage. Lessor shall maintain in effect, at its own expense, all-risk ground and flight Aircraft hull insurance covering the AircraftAircraft (together with policies required under section 4.1, “Insurance Policies”). Any such insurance shall be during the Term for an amount customary for a similar aircraft.

Appears in 1 contract

Samples: Aircraft Dry Lease Agreement (Blackstone Inc.)

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