Common use of Insurances and Indemnities Clause in Contracts

Insurances and Indemnities. 6.1 The Buyer agrees that for a period of 2 (two years) from Delivery, it will procure that each of the Seller Indemnitees be named as an additional insured in accordance with clause 18.2 of the Lease. On or before Delivery, the Lessee or the Buyer shall deliver to the Seller a certificate and broker's undertaking (each in form and substance satisfactory to the Seller), in respect of such insurance.

Appears in 5 contracts

Sources: Purchase Agreement, Purchase Agreement, Aircraft Sale and Purchase Agreement (Aerocentury Corp)