LOCATION OF GROUND FACILITIES Sample Clauses

LOCATION OF GROUND FACILITIES. Each of the items described in clause (g) of the definition of Collateral (other than those items the absence of which could not reasonably be expected to cause a Material Adverse Effect) necessary to operate and maintain the Satellite that cannot, in the judgment of AEF, be substituted in a Permitted Location before the inability to operate the Satellite could reasonably be expected to have a Material Adverse Effect is located in a Permitted Location. 1. 043 TRANCHE B CONDITIONS PRECEDENT. The obligation of AEF to convert the Tranche A Loans to the Tranche B Loan hereunder is subject to the determination by AEF, on each of the Conversion Commitment Date (other than in the cases of the items referred to in Sections 4.03(a)(vii) and 4.03(a)(xv)) and the Conversion Date, in its discretion, that each of the following conditions has been or continues to be satisfied: