Final Term Liabilities. If, during the period ---------------------- beginning at the end of the Post Lease Term and ending on the last day of the useful commercial life of the Satellite (the "Final Term"), Owner Participant is unable as a result of an Intentional Breach to make commercial use of any Transponder that it owns, then Lessor or Owner Participant shall be entitled to compensation for its loss of Transponder use as set forth in Section 14.03 (a). -----------------
Appears in 1 contract
Samples: Participation Agreement (Magellan International Inc)
Final Term Liabilities. If, during the period ---------------------- beginning at the end of the Post Lease Term and ending on the last day of the useful commercial life of the Satellite (the "Final Term"), Owner Participant is unable as a result of an Intentional Breach to make commercial use of any Transponder that it owns, then Lessor or Owner Participant shall be entitled to compensation for its loss of Transponder use as set forth in Section 14.03 (a14.03(a). ---------------------------------
Appears in 1 contract
Samples: Participation Agreement (Magellan International Inc)
Final Term Liabilities. If, during the period ---------------------- beginning at the end of the Post Lease Term and ending on the last day of the actual useful commercial life of the Satellite (the "Final Term"), ) Owner ---------- Participant is unable as a result of an Intentional Breach to make commercial use of any Transponder that it owns, then Lessor or Owner Participant shall be entitled to compensation for its loss of Transponder use as set forth in Section 14.03 (a15.03(a). -----------------.
Appears in 1 contract
Samples: Participation Agreement (Magellan International Inc)
Final Term Liabilities. If, during the period beginning ---------------------- beginning at the end of the Post Lease Term and ending on the last day of the actual useful commercial life of the Satellite (the "Final Term"), ) Owner Participant is unable as a result of an Intentional Breach to make commercial use of any Transponder that it owns, then Lessor or Owner Participant shall be entitled to compensation for its loss of Transponder use as set forth in Section 14.03 (a14.03(a). -----------------.
Appears in 1 contract
Samples: Magellan International Inc