Common use of Early Termination Right Clause in Contracts

Early Termination Right. In recognition of the additional risks to maintaining satellite operations beyond the specified design life of the Satellite, Customer shall have the right, subject to the conditions specified in this Section 7.8, to terminate this Agreement [***************************** *******************] after the Service Date. Exercise of such termination rights by Customer must occur, if at all, on or before the earlier of: (a) [*****************************] of the Service Date; or (b) [****************] after PanAmSat notifies Customer of PanAmSat's firm intention to launch a Successor Satellite, with the intention to place it into commercial service prior to the end of the [************************] if Customer exercises its termination right under this Section 7.8, but in no event shall such exercise decision be required earlier than [*****************************************] Service Date.

Early Termination Right. In recognition of the additional risks to maintaining satellite operations beyond the specified design life of the Satellite, Customer shall have the right, subject to the conditions specified in this Section 7.87.9, to terminate this Agreement [***************************** *****************************************] after the PAS-6 Service Date. Exercise of such termination rights by Customer must occur, if at all, on or before the earlier of: (a) the [********************************] of the PAS-6 Service Date; or (b) [*************************] after PanAmSat notifies Customer of PanAmSat's firm intention to launch a Successor Satellite, with the intention to place it into commercial service prior to the end of the [************* *************] if Customer exercises its termination right under this Section 7.87.9, but in no event shall such exercise decision be required earlier than [*****************************************] PAS-6 Service Date.