Common use of Subordination to Other Entities Clause in Contracts

Subordination to Other Entities. Customer acknowledges and agrees that PanAmSat may grant security interests in the Transponders and/or the Satellite. In such event, provisions that are the same as attached to this Agreement as Appendix J or, to the extent that changes are requested by another secured party, similar provisions shall apply.

Appears in 3 contracts

Samples: Transponder Service Agreement (Panamsat Corp /New/), Transponder Service Agreement (Panamsat Corp /New/), Transponder Service Agreement (Panamsat Corp /New/)

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Subordination to Other Entities. Customer Buyer acknowledges and agrees that PanAmSat may grant additional security interests in the Transponders and/or the SatelliteSatellite to other parties. In such event, provisions that are the same as attached to this Agreement as Appendix J in Section 10.2 above or, to the extent that changes are requested by another secured party, similar provisions provision shall apply.

Appears in 2 contracts

Samples: Transponder Purchase and Sale Agreement (Panamsat Corp /New/), Transponder Purchase and Sale Agreement (Panamsat Corp /New/)

Subordination to Other Entities. Customer acknowledges and agrees that PanAmSat may grant security interests in the Transponders and/or the SatelliteSatellite(s). In such event, provisions that are the same as attached to this Agreement as Appendix J in Section 10.2 above or, to the extent that changes are requested by another secured party, similar provisions shall apply.

Appears in 2 contracts

Samples: Transponder Service Agreement (Panamsat Corp /New/), Transponder Service Agreement (Panamsat Corp /New/)

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Subordination to Other Entities. Customer acknowledges and agrees that PanAmSat may grant additional security interests in the Transponders and/or the SatelliteSatellite to other parties. In such event, the provisions that are the same as attached to this Agreement as Appendix J orset forth above or similar provisions, to the extent that changes are requested by another secured party, similar provisions shall apply.

Appears in 2 contracts

Samples: Service Agreement (Impsat Corp), Panamsat Corp

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