Common use of Redelivery Terms Clause in Contracts

Redelivery Terms. 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 in the condition required by Section 7 hereof including, without limitation, in the location permitted by Section 7(d) hereof and, in connection with such Redelivery Lessee shall supply Lessor with the name, last known address and telephone number of the most recent Sublessee or other User (other than Users under Occasional Use Service Contracts) with respect to such Transponder. In the event of any Redelivery of any Transponder, Lessee shall execute and deliver to Lessor an instrument substantially in the form of Exhibit B to this Lease that shall constitute evidence of surrender by Lessee of all of Lessee's rights to such Transponder under this Lease and the ▇▇▇▇▇▇ Agreements applicable thereto; provided, however, that Lessee's Redelivery of any Transponder hereunder shall -------- ------- not by itself affect the validity and effectiveness of the Purchase Agreement, Service Agreement or any Substitute Service Agreement relating to such Transponder, as applicable. At the time of any Redelivery, such Transponder shall be free and clear of all Liens (other than Permitted Liens described in clause (a) or (b) of the definition thereof, excluding Lessor Liens and Indenture Trustee Liens) and free and clear of any right of any Person to use or access such Transponder other than Lessor or Owner Participant unless Owner Participant shall consent to a request by Lessee to recognize any right of any Person to use or access such Transponder other than Lessor and Owner Participant; and Lessee shall be in compliance with Sections 7(b) and (c).

Appears in 1 contract

Sources: Lease Agreement (Magellan International Inc)

Redelivery Terms. 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 shall, at Lessee's cost and expense expense, redeliver such Transponder to Lessor in the condition required by Section 7 hereof including, without limitation, in the location permitted by Section 7(d) hereof and, in connection with such Redelivery Redelivery, Lessee shall supply Lessor with the name, last known address and telephone number of the most recent Sublessee or other User (other than Users under Occasional Use Service Contracts) with respect to such Transponder. In the event of any Redelivery of any Transponder, Lessee shall execute and deliver to Lessor an instrument substantially in the form of Exhibit B A to this Lease that shall --------- constitute evidence of surrender by Lessee of all of Lessee's rights to such Transponder under this Lease and the ▇▇▇▇▇▇ Agreements applicable thereto; provided, however, that Lessee's Redelivery of any Transponder hereunder shall -------- ------- not by itself affect the validity and effectiveness of the Purchase Agreement, Service Agreement or any Substitute Service Agreement relating to such Transponder, as applicable. At the time of any Redelivery, such Transponder shall be free and clear of all Liens (other than Permitted Liens described in clause (a) or (b) of the definition thereof, excluding Lessor Liens and Indenture Trustee Agent Liens, and other than the Lien of the GLA Sublease) and free and clear of any right of any Person to use or access such Transponder other than GLA under the GLA Sublease, Lessor or Owner Participant Participant, unless Owner Participant shall consent to a request by Lessee to recognize any right of any Person to use or access such Transponder other than Lessor and Owner Participant; and Lessee shall be in compliance with Sections 7(b) and (c).

Appears in 1 contract

Sources: Lease Agreement (Magellan International Inc)