Liability Proceeds. all insurance proceeds in respect of third party liability will, except to the extent paid by the insurers to the relevant third party, be paid to Lessor to be paid directly in satisfaction of the relevant liability or to Lessee in reimbursement of any payment so made; and
Appears in 9 contracts
Samples: Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.), Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.), Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.)
Liability Proceeds. all insurance proceeds in respect of third party liability will, except to the extent will be paid by the insurers to the relevant third party, be paid to Lessor to be paid directly party in satisfaction of the relevant liability or to Lessee Owner, Lessor, Financing Partners' Representative or Lessee, as the case may be, in reimbursement of any payment so made; and;
Appears in 4 contracts
Samples: Aircraft Lease Agreement (Turn Works Acquisition Iii Sub a Inc), Aircraft Lease Agreement (Turn Works Acquisition Iii Sub a Inc), Aircraft Lease Agreement (Turn Works Acquisition Iii Sub a Inc)
Liability Proceeds. all insurance proceeds in respect of third party liability will, except to the extent will be paid by the insurers to the relevant third party, be paid to Lessor to be paid directly party in satisfaction of the relevant liability or to Lessee and/or Lessor in reimbursement of any payment so made; and;
Appears in 1 contract
Samples: Common Terms Agreement (Republic Airways Holdings Inc)
Liability Proceeds. all insurance proceeds in respect of third party liability will, except to the extent paid by the insurers to the relevant third party, be paid to Lessor or Owner to be paid directly in satisfaction of the relevant liability or to Lessee in reimbursement of any payment so made; and
Appears in 1 contract
