Hull. Time Share Lessor shall maintain, or cause to be maintained, all risks aircraft hull insurance in an amount of Fourteen Million United States Dollars (US $14,000,000), and such insurance shall name Time Share Lessor and any first lien security interest holder as loss payees as their interests may appear.
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Sources: Aircraft Time Sharing Agreement (National City Corp), Aircraft Time Sharing Agreement (National City Corp)
Hull. Time Share Lessor shall maintain, or cause to be maintained, all risks aircraft hull insurance insurance, including confiscation, expropriation and war risk insurance, on the Aircraft (covering ground, flight and any other exposure) in an amount of Fourteen Thirteen Million United States Dollars (US $14,000,000US$13,000,000.00), and such insurance shall name Time Share Lessor and any first lien security interest holder as loss payees as their interests may appear.
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