Damage Notification Threshold definition

Damage Notification Threshold means *****

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Damage Notification Threshold has the meaning provided in Annex A.

Damage Notification Threshold has the meaning given in the Aircraft Lease Agreement.

Examples of Damage Notification Threshold in a sentence

Insurance proceeds in amounts below the Damage Notification Threshold may be paid by the insurer directly to Lessee.
The proceeds of such insurances in respect of any loss other than a Total Loss shall be paid (i) to Lessee if such loss proceeds are less than the Damage Notification Threshold or in excess of the Agreed Value, or (ii) to such parties as may be necessary to repair the Aircraft if such loss proceeds are equal to or greater than the Damage Notification Threshold provided that if an Event of Default has occurred and is continuing, all such proceeds shall be paid to Lessor or its assignee.
All insurance proceeds in respect of any damage or loss to the Aircraft, any Engine or any Part occurring during the Term not constituting a Total Loss and in excess of the Damage Notification Threshold will be paid to the Lessor (or any mortgagee designated by Lessor) and applied in payment (or to reimburse the Lessee) for repairs or replacement property upon the Lessor being reasonably satisfied that the repairs or replacement have been effected in accordance with this Agreement.
The insurer may pay insurance proceeds in amounts below the Damage Notification Threshold directly to the Lessee.
Insurance proceeds in amounts below the Damage Notification Threshold may be paid by the insurer directly to the Lessee.

Damage Notification Threshold has the meaning specified in Part 1 of Schedule 3.

Damage Notification Threshold has the meaning given to it in Schedule 2.

Damage Notification Threshold is defined in Appendix B.

Damage Notification Threshold insurance proceeds in amounts below the Damage Notification Threshold shall be paid by the insurer directly to Lessee;

Damage Notification Threshold means $1,000,000;

Damage Notification Threshold. As set forth in Part 1 of Schedule C to this Aircraft Lease Agreement.

Damage Notification Threshold means US$250,000;