Acceptable Redelivery Clause Samples
Acceptable Redelivery. At the expiration or earlier termination of --------------------- the Lease Term with respect to any Transponder, if Lessee does not renew this Lease with respect to such Transponder and does not purchase such Transponder, Lessee shall at Lessee's cost and expense redeliver such Transponder to Lessor on the Satellite in the condition required by Section 7 hereof and with the Satellite (i) being located in an orbital location authorized by the FCC for the remaining useful commercial life of the Satellite that is in the Authorized Range, (ii) having been located in such orbital location for a period of no less than the thirty (30) consecutive months prior to the date of such Redelivery, (or being located at any other orbital location as a result of an Emergency Move with no requirement that the Satellite be located in such orbital location for any period of time) pursuant to an FCC authorization which would allow it to remain in such orbital location for the Satellite's remaining useful commercial life (this clause (ii), the "Residency Requirement"), and (iii) meeting the Minimum Fuel Requirement (satisfaction of the requirements set forth in clauses (i), (ii) and (iii) collectively being referred to as an "Acceptable Redelivery"). If Lessee's Redelivery of any Transponder is other than an Acceptable Redelivery, then the parties shall have the rights and obligations set forth in Section 10(c) or Section 10(d). If an Acceptable Redelivery is made, Lessor must accept such Redelivery, subject to Section 10(b), and Lessee shall have no obligation under Section 10(c) or 10(d).
