Lessor’s Right to Insure. Lessee acknowledges that each of Lessor, Owner and each Financing Party has an insurable interest in the Aircraft and each Item of Equipment and may, at its own expense, obtain insurance or contingent insurance in its own name with respect to such insurable interest. Lessee shall provide to Lessor, Owner and each Financing Party all reasonable assistance as from time to time requested by it in order to adequately protect such insurable interest. Neither Lessor, Owner nor any Financing Party shall maintain any such insurance that would prejudice the insurance maintained by Lessee pursuant to this Lease. Lessee shall have no right to any proceeds of any insurance policies maintained by Lessor.
Lessor’s Right to Insure. Lessee acknowledges that Lessor, Owner, and Beneficial Owner each have an insurable interest in the Aircraft. Lessor, Owner and Beneficial Owner each shall have the right to obtain at its own expense insurance or contingent insurance in its own name with respect to such insurable interest. Lessee will render to Lessor, Owner and Beneficial Owner all reasonable assistance as from time to time requested by Lessor, Owner or Beneficial Owner, as the case may be, in order that Lessor, Owner and Beneficial Owner each may adequately protect such insurable interest. No insurance so obtained by Lessor, Owner or Beneficial Owner shall prejudice the insurance maintained by Lessee pursuant to this Lease.
Lessor’s Right to Insure. Lessee acknowledges that each of Lessor, Owner and each Financing Party has an insurable interest in the Aircraft and each Item of Equipment and may, at its own expense, obtain insurance or contingent insurance in its own name with respect to such insurable interest. Lessee shall provide to Lessor, Owner
Lessor’s Right to Insure. If the Lessee defaults in any of its obligations under this Lease regarding insurance, the Lessor may, but is not obligated to, on fifteen (15) days’ notice to Lessee, place any insurance at the cost and expense of the Lessee or pay any arrears of premiums, and any expense incurred by the Lessor in so doing, shall be reimbursed to it by the Lessee on demand.
Lessor’s Right to Insure. Lessee acknowledges that each of Lessor, Owner and each Financier has an insurable interest in the Aircraft. Lessor, Owner and each Financier shall have the right to obtain at its own expense insurance or contingent insurance in its own name with respect to such insurable interest. Lessee will render to Lessor, Owner and each Financier reasonable assistance as from time to time requested by Lessor, Owner or any Financier, as the case may be, in order that Lessor, Owner and each Financier may adequately protect such insurable interest. No insurance so obtained by Lessor, Owner or any Financier shall prejudice the insurance maintained by Lessee pursuant to this Lease or the right of Lessee, the Additional Insureds or any loss payee’s rights of recovery thereunder.
