Liability Proceeds. all insurance proceeds in respect of third party liability will be paid by the insurers to the relevant third party; and
Appears in 4 contracts
Samples: Purchase Agreement (Hawaiian Holdings Inc), Purchase Agreement (Hawaiian Holdings Inc), Common Terms Agreement (Airtran Airways Inc)
Liability Proceeds. all insurance proceeds in respect of third party liability will be will, except to the extent paid by the insurers to the relevant third party, be paid to the Relevant Agent to be paid directly in satisfaction of the relevant liability or to the Head Lessee in reimbursement of any payment so made; and
Appears in 2 contracts
Samples: Cit Group Inc, Cit Group Inc
Liability Proceeds. all insurance proceeds in respect of third party liability will be will, except to the extent paid by the insurers to the relevant third party, be paid to the Loss Payee to be paid directly in satisfaction of the relevant liability or to the Lessee in reimbursement of any payment so made; and
Appears in 2 contracts
Samples: Lease Agreement (Latam Airlines Group S.A.), Aircraft Operating 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 be paid by the insurers to the relevant third party; andparty in satisfaction of the relevant liability or to Owner, Lessor, Financing Partners’ Representative or Lessee, as the case may be, in reimbursement of any payment so made;
Appears in 1 contract
Samples: Common Terms Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.)
