Insurance Policy Deductible. Notwithstanding any other provisions of this Agreement, in the event of any loss caused by the negligence or misconduct of Licensee, Licensee shall be obligated for and Licensee shall pay to Textron the deductible portion of any insured recovery Textron otherwise would have been entitled to receive but for such deductible feature of the applicable insurance policy.
Appears in 5 contracts
Samples: Hangar License and Services Agreement (Textron Inc), Hangar License and Services Agreement (Textron Inc), Hangar License and Services Agreement (Textron Inc)
