Common use of UNITED STATES GOVERNMENTAL INDEMNITY Clause in Contracts

UNITED STATES GOVERNMENTAL INDEMNITY. Notwithstanding any of the foregoing paragraphs, in the event of a Permitted Sub-Lease to, or a requisition of use by, the United States or any Governmental Entity whose obligations have the full faith and credit of the federal Government of the United States, Lessor agrees to accept in lieu of insurance required hereunder indemnification or insurance from the United States or such a Governmental Entity in a form reasonably acceptable to Lessor and Owner and against such risks and in such amounts and on such terms such that when added to the Insurance maintained by Lessee, Lessee is in full compliance with the requirements of Section 9 and this Schedule.

Appears in 4 contracts

Samples: Common Terms Agreement (Kitty Hawk Inc), Common Terms Agreement (Kitty Hawk Inc), Aircraft Lease Agreement (Turn Works Acquisition Iii Sub a Inc)

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