Common use of Extended Notice Clause in Contracts

Extended Notice. If with respect to any Transponder subject to an --------------- Existing Lease or Use Agreement (the "Subleased Transponder(s)"), Lessee has not timely provided the Preliminary Notice, and if following the Preliminary Notice Expiration Date but on or prior to the end of the Lease Term, the sublessee or User under such Existing Lease or Use Agreement exercises its renewal rights thereunder, then Lessee shall be entitled to give the Final Notice with respect to such Subleased Transponder, such notice to be provided on or before the end of the Lease Term; provided, however, that Lessee shall not be entitled to -------- ------- exercise the foregoing rights with respect to such Subleased Transponder if during the period from the Preliminary Notice Expiration Date and prior to Lessee's delivery of the Final Notice, Lessor has executed a valid and binding agreement for the purchase, lease or use of such Subleased Transponder with a third party that is not an Affiliate. During the period between the Preliminary Notice Expiration Date and the end of the Lease Term, Lessor shall promptly provide Lessee with written notice of the consummation of any such agreement with respect to any Subleased Transponder as to which Lessee has not timely provided the Preliminary Notice.

Extended Notice. If with respect to any Transponder subject to --------------- an --------------- Existing Lease or Use Agreement (the "Subleased Transponder(s)"), Lessee has not timely provided the Preliminary NoticeNotice and, and if following the Preliminary Notice Expiration Date but on or prior to the end of the Lease Term, Term the sublessee Sublessee or User under such Existing Lease or Use Agreement exercises its renewal rights thereunder, if such renewal rights extend beyond the Lease Term, then Lessee shall be entitled to give the Final Notice with respect to such Subleased Transponder, such notice to be provided on or before the end of the Lease Term; provided, however, that Lessee shall not be entitled to exercise the -------- ------- exercise the foregoing rights with respect to such Subleased Transponder if during the period from the Preliminary Notice Expiration Date and prior to Lessee's delivery of the Final Notice, Lessor has executed a valid and binding agreement (including a binding commitment letter or letter of intent) for the purchase, lease or use of such Subleased Transponder with a third party that is not an AffiliateAffiliate and has timely notified Lessee of such execution. During the period between the Preliminary Notice Expiration Date and the end of the Lease Term, Lessor shall promptly provide Lessee with written notice of the consummation of any such agreement with respect to any Subleased Transponder as to which Lessee has not timely provided the Preliminary Notice.