Liability Proceeds. all insurance proceeds in respect of third party liability will be paid by the insurers to the relevant third party 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 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 be paid by the insurers to the relevant third party 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;party; and
Appears in 4 contracts
Samples: Purchase Agreement (Hawaiian Holdings Inc), Purchase Agreement (Hawaiian Holdings Inc), Engine Lease (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 party, be paid to the Relevant Agent to be paid directly in satisfaction of the relevant liability or to Owner, Lessor, Financing Partners' Representative or Lessee, as the case may be, Head Lessee in reimbursement of any payment so made;; and
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Samples: Aircraft Head Lease (Cit Group Inc), Aircraft Head Lease (Cit Group Inc)
Liability Proceeds. all insurance proceeds in respect of third party liability will be paid by the insurers to the relevant third party 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: Engine Lease Common Terms 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 in satisfaction of the relevant liability or to Owner, Lessor, Financing Partners' Representative or Lessee, as the case may be, Lessee and/or Lessor in reimbursement of any payment so made;
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