War-Risk Insurance. If at any time (a) war-risk insurance is maintained by Lessee or any Permitted Sublessee subleasing the Aircraft or any Engine with respect to other aircraft operated by Lessee or such Permitted Sublessee on the same or similar routes, (b) the Aircraft is operated on routes where the custom in the United States commercial airline industry is to carry war-risk insurance, (c) the Aircraft is operated by a Permitted Foreign Air Carrier as a Permitted Sublessee in any recognized or threatened area of hostilities, or (d) the Aircraft is operated on any route where no other aircraft is regularly operated by a United States commercial airline and such route is within any such area of hostilities, then war-risk and allied perils insurance of the type carried by similarly situated United States commercial air carriers operating the same or comparable models of aircraft on the same or similar routes shall be maintained on the Aircraft in an amount not less than that specified in Section 11.2.
Appears in 6 contracts
Samples: Sale and Lease Agreement (Southwest Airlines Co), Sale and Lease Agreement (Southwest Airlines Co), Sale and Lease Agreement (Southwest Airlines Co)
