Common use of Insurance Covenants Clause in Contracts

Insurance Covenants. Lessee will:- (a) ensure that all legal requirements as to insurance of the Aircraft, any Engine or any Part which may from time to time be imposed by the laws of the State of Registration or any state to, from or over which the Aircraft may be flown, in so far as they affect or concern the operation of the Aircraft, are complied with and in particular those requirements compliance with which is necessary to ensure that (i) the Aircraft is not in danger of detention or forfeiture, (ii) the Insurances remain valid and in full force and effect, and (iii) the interests of the Indemnitees in the Insurances and the Aircraft or any Part are not thereby prejudiced; (b) not use, cause or permit the Aircraft, any Engine or any Part to be used for any purpose or in any manner not covered by the Insurances or outside any geographical limit imposed by the Insurances; (c) comply with the terms and conditions of each policy of the Insurances and not do, consent or agree to any act or omission which:- (i) invalidates or may invalidate the Insurances; or (ii) renders or may render void or voidable the whole or any part of any of the Insurances; or (iii) brings any particular liability within the scope of an exclusion or exception to the Insurances;

Appears in 10 contracts

Samples: Aircraft Lease Agreement (Air South Airlines Inc), Aircraft Lease Agreement (Air South Airlines Inc), Aircraft Lease Agreement (Air South Airlines Inc)

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Insurance Covenants. Lessee will:-shall: (a) ensure that all legal requirements as to insurance of the Aircraft, any Engine or any Part which that may from time to time be imposed by the laws of the State of Registration or any state jurisdiction to, from or over which the Aircraft may be flown, in so far as they affect or concern the operation of the Aircraft, are complied with and and, in particular particular, those requirements compliance with which is necessary to ensure that that: (i) the Aircraft is does not in danger of become subject to detention or forfeiture, ; (ii) the Insurances remain valid and in full force and effect, and ; and (iii) the interests of the Indemnitees in the Insurances and the Aircraft or any Part are not thereby prejudiced; ; (b) not use, cause or permit the Aircraft, any Engine or any Part to be used for any purpose or in any manner not covered by the Insurances or outside any geographical limit imposed by the Insurances; ; (c) comply with the terms and conditions of each policy of the Insurances and not do, consent or agree to any act or omission which:- that: (i) invalidates or may reasonably be expected to invalidate the Insurances; or ; (ii) renders or may reasonably be expected to render void or voidable the whole or any part of any of the Insurances; or or (iii) brings any particular liability within the scope of an exclusion or exception to the Insurances;

Appears in 1 contract

Samples: Lease Agreement (Airfund International Limited Partnership)

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