Common use of Third parties rights Clause in Contracts

Third parties rights. A person who is not a party to this Letter has no right under the Contracts (Rights of Third Parties) Xxx 0000 to enforce any of its terms. We should be grateful if you would sign and return to us the enclosed copy of this Letter by way of your acknowledgement and acceptance of the contents of this Letter. Yours faithfully, /s/ Xxxxxxx Xxxxxxx /s/ E. Galzy For and on behalf of BNP Paribas as the COFACE Agent /s/ Xxxxxxx Xxxxxxx /s/ X. Xxxxx BNP Paribas as Lender /s/ Xxxxxx Xxxxxxx Société Générale as Lender /s/ Arnaud Sarret /s/ Xxxxx Xxxxxxxxx Natixis as Lender /s/ Xxxxxxx Xxxxxx Crédit Agricole Corporate and Investment Bank as Lender /s/ Xxxxxxx Xxxxx /s/ Xxxxxx-Xxxxxxxx Xxxxxxxx Crédit Industriel et Commercial as Lender Acknowledged and agreed For and on behalf of Globalstar, Inc. as Borrower /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011 Acknowledged and agreed For and on behalf of Thermo Funding Company LLC as Obligor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Manager Date: 29 March 2011 Acknowledged and agreed For and on behalf of GSSI, LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011 Acknowledged and agreed For and on behalf of Globalstar Security Services, LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011 Acknowledged and agreed For and on behalf of Globalstar C, LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011 Acknowledged and agreed For and on behalf of Globalstar USA, LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011 Acknowledged and agreed For and on behalf of Globalstar Leasing LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011 Acknowledged and agreed For and on behalf of Spot LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011 Acknowledged and agreed For and on behalf of ATSS Canada, Inc. as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011 Acknowledged and agreed For and on behalf of Globalstar Brazil Holdings, L.P. as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011 Acknowledged and agreed For and on behalf of GCL Licensee LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011 Acknowledged and agreed For and on behalf of GUSA Licensee LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011 Acknowledged and agreed For and on behalf of Globalstar Licensee LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011

Appears in 1 contract

Samples: Facility Agreement (Globalstar, Inc.)

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Third parties rights. A person who is not a party to this Letter has no right under the Contracts (Rights of Third Parties) Xxx 0000 to enforce any of its terms. We should be grateful if you would sign and return to us the enclosed copy of this Letter by way of your acknowledgement and acceptance of the contents of this Letter. Yours faithfully, /s/ Xxxxxxx Xxxxxxx /s/ E. Galzy For and on behalf of BNP Paribas as the COFACE Agent /s/ Xxxxxxx Xxxxxxx /s/ X. Xxxxx …………………………… BNP Paribas as Lender /s/ Xxxxxx Xxxxxxx …………………………………… Société Générale as Lender /s/ Arnaud Sarret /s/ Xxxxx Xxxxxxxxx …………………………………… Natixis as Lender /s/ Xxxxxxx Xxxxxx …………………………………… Crédit Agricole Corporate and Investment Bank as Lender /s/ Xxxxxxx Xxxxx /s/ Xxxxxx-Xxxxxxxx Xxxxxxxx …………………………………… Crédit Industriel et Commercial as Lender Acknowledged and agreed For and on behalf of Globalstar, Inc. as Borrower /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 16 March 2011 Acknowledged and agreed For and on behalf of Thermo Funding Company LLC as Obligor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Manager Date: 29 16 March 2011 Acknowledged and agreed For and on behalf of GSSI, LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 16 March 2011 Acknowledged and agreed For and on behalf of Globalstar Security Services, LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 16 March 2011 Acknowledged and agreed For and on behalf of Globalstar C, LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 16 March 2011 Acknowledged and agreed For and on behalf of Globalstar USA, LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 16 March 2011 Acknowledged and agreed For and on behalf of Globalstar Leasing LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 16 March 2011 Acknowledged and agreed For and on behalf of Spot LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 16 March 2011 Acknowledged and agreed For and on behalf of ATSS Canada, Inc. as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 16 March 2011 Acknowledged and agreed For and on behalf of Globalstar Brazil Holdings, L.P. as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 16 March 2011 Acknowledged and agreed For and on behalf of GCL Licensee LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 16 March 2011 Acknowledged and agreed For and on behalf of GUSA Licensee LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 16 March 2011 Acknowledged and agreed For and on behalf of Globalstar Licensee LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 16 March 2011

Appears in 1 contract

Samples: Globalstar, Inc.

Third parties rights. A person who is not a party to this Letter letter has no right under the Contracts (Rights of Third Parties) Xxx 0000 to enforce any of its terms. We should be grateful if you would sign and return to us the enclosed copy of this Letter letter by way of your acknowledgement and acceptance of the contents of this Letterletter. Yours faithfully, /s/ Xxxx Xxxxxxx Xxxxxxx /s/ E. Galzy For and on behalf of BNP Paribas as the COFACE Agent /s/ Xxxx Xxxxxxxx Xxxxxxx Xxxxxxx /s/ X. Xxxxx …………………………………… BNP Paribas as Lender /s/ Xxxxxx Xxxxxxx Xxxxx …………………………………… Société Générale as Lender /s/ Arnaud Sarret Xxxxxxxx Xxxxxx /s/ Xxxxx Xxxxxxxxx …………………………………… Natixis as Lender /s/ Xxxxxxx Xxxxxx Xxxxxx /s/ Xxxxxxxx Bambuck …………………………………… Crédit Agricole Corporate and Investment Bank as Lender /s/ Xxxxxxx Xxxxx /s/ Xxxxxx-Xxxxxxxx Xxxxxxxx …………………………………… Crédit Industriel et Commercial as Lender Acknowledged and agreed For and on behalf of Globalstar, Inc. as Borrower /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011 22 December 2010 Acknowledged and agreed For and on behalf of Thermo Funding Company LLC as Obligor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Manager Date: 29 March 2011 22 December 2010 Acknowledged and agreed For and on behalf of GSSI, LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011 22 December 2010 Acknowledged and agreed For and on behalf of Globalstar Security Services, LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011 22 December 2010 Acknowledged and agreed For and on behalf of Globalstar C, LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011 22 December 2010 Acknowledged and agreed For and on behalf of Globalstar USA, LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011 22 December 2010 Acknowledged and agreed For and on behalf of Globalstar Leasing LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011 22 December 2010 Acknowledged and agreed For and on behalf of Spot LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011 22 December 2010 Acknowledged and agreed For and on behalf of ATSS Canada, Inc. as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011 22 December 2010 Acknowledged and agreed For and on behalf of Globalstar Brazil Holdings, L.P. as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011 22 December 2010 Acknowledged and agreed For and on behalf of GCL Licensee LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011 22 December 2010 Acknowledged and agreed For and on behalf of GUSA Licensee LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011 22 December 2010 Acknowledged and agreed For and on behalf of Globalstar Licensee LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 201122 December 2010

Appears in 1 contract

Samples: Facility Agreement (Globalstar, Inc.)

Third parties rights. A person who is not a party to this Letter has no right under the Contracts (Rights of Third Parties) Xxx Axx 0000 to enforce any of its terms. We should be grateful if you would sign and return to us the enclosed copy of this Letter by way of your acknowledgement and acceptance of the contents of this Letter. This Letter has been executed as a deed by each party hereto on the date stated at the beginning of this Letter. Yours faithfully, /s/ Xxxxxxx Xxxxxxx Jxxx Xxxxxxxxx Pxxxxxx /s/ E. Galzy Xxxxx For and on behalf of BNP Paribas as the COFACE Agent /s/ Xxxxxxx Xxxxxxx Jxxx Xxxxxxxxx Pxxxxxx /s/ X. E. Xxxxx …………………………… BNP Paribas as Lender /s/ Xxxxxx Dxxxxx Xxxxxxx …………………………………… Société Générale as Lender /s/ Arnaud Sarret Jxxx-Xxxxx Xxxxx /s/ Xxxxx Xxxxxxxxx Rxxxxx Xxxxxx …………………………………… Natixis as Lender /s/ Xxxxxxx Xxxxxx Lxxxxxxx Xxxxxxxx /s/ Sxxxxx Xxxxxxxx …………………………………… Crédit Agricole Corporate and Investment Bank as Lender /s/ Xxxxxxx Xxxxx Txxxxx Xxxxxx /s/ Xxxxxx-Xxxxxxxx Xxxxxxxx Francois Guiffart …………………………………… Crédit Industriel et Commercial as Lender Acknowledged and agreed For and on behalf of Globalstar, Inc. as Borrower /s/ Xxxxx Jxxxx Xxxxxx III By: Xxxxx Jxxxx Xxxxxx III Title: Chairman Date: 29 6 March 2011 2012 Acknowledged and agreed For and on behalf of Thermo Funding Company LLC as Obligor /s/ Xxxxx Jxxxx Xxxxxx III By: Xxxxx Jxxxx Xxxxxx III Title: Manager Date: 29 6 March 2011 2012 Acknowledged and agreed For and on behalf of GSSI, LLC as Subsidiary Guarantor /s/ Xxxxx Jxxxx Xxxxxx III By: Xxxxx Jxxxx Xxxxxx III Title: Chairman Date: 29 6 March 2011 2012 Acknowledged and agreed For and on behalf of Globalstar Security Services, LLC as Subsidiary Guarantor /s/ Xxxxx Jxxxx Xxxxxx III By: Xxxxx Jxxxx Xxxxxx III Title: Chairman Date: 29 6 March 2011 2012 Acknowledged and agreed For and on behalf of Globalstar C, LLC as Subsidiary Guarantor /s/ Xxxxx Jxxxx Xxxxxx III By: Xxxxx Jxxxx Xxxxxx III Title: Chairman Date: 29 6 March 2011 2012 Acknowledged and agreed For and on behalf of Globalstar USA, LLC as Subsidiary Guarantor /s/ Xxxxx Jxxxx Xxxxxx III By: Xxxxx Jxxxx Xxxxxx III Title: Chairman Date: 29 6 March 2011 2012 Acknowledged and agreed For and on behalf of Globalstar Leasing LLC as Subsidiary Guarantor /s/ Xxxxx Jxxxx Xxxxxx III By: Xxxxx Jxxxx Xxxxxx III Title: Chairman Date: 29 6 March 2011 2012 Acknowledged and agreed For and on behalf of Spot LLC as Subsidiary Guarantor /s/ Xxxxx Jxxxx Xxxxxx III By: Xxxxx Jxxxx Xxxxxx III Title: Chairman Date: 29 6 March 2011 2012 Acknowledged and agreed For and on behalf of ATSS Canada, Inc. as Subsidiary Guarantor /s/ Xxxxx Jxxxx Xxxxxx III By: Xxxxx Jxxxx Xxxxxx III Title: Chairman Date: 29 6 March 2011 2012 Acknowledged and agreed For and on behalf of Globalstar Brazil Holdings, L.P. as Subsidiary Guarantor /s/ Xxxxx Jxxxx Xxxxxx III By: Xxxxx Jxxxx Xxxxxx III Title: Chairman Date: 29 6 March 2011 2012 Acknowledged and agreed For and on behalf of GCL Licensee LLC as Subsidiary Guarantor /s/ Xxxxx Jxxxx Xxxxxx III By: Xxxxx Jxxxx Xxxxxx III Title: Chairman Date: 29 6 March 2011 2012 Acknowledged and agreed For and on behalf of GUSA Licensee LLC as Subsidiary Guarantor /s/ Xxxxx Jxxxx Xxxxxx III By: Xxxxx Jxxxx Xxxxxx III Title: Chairman Date: 29 6 March 2011 2012 Acknowledged and agreed For and on behalf of Globalstar Licensee LLC as Subsidiary Guarantor /s/ Xxxxx Jxxxx Xxxxxx III By: Xxxxx Jxxxx Xxxxxx III Title: Chairman Date: 6 March 2012 ANNEX A “SCHEDULE 29 March 2011REPAYMENT SCHEDULE Repayment Date Principal Repayment Percentage First Repayment Date (“FRD”) 2.85% FRD + 6 Months 2.99% FRD + 12 Months 5.07% FRD + 18 Months 5.24% FRD + 24 Months 5.38% FRD + 30 Months 5.55% FRD + 36 Months 5.70% FRD + 42 Months 5.88% FRD + 48 Months 6.04% FRD + 54 Months 7.90% FRD + 60 Months 8.20% FRD + 66 Months 9.60% FRD + 72 Months 9.70% FRD + 78 Months 9.80% Final Maturity Date 10.10%

Appears in 1 contract

Samples: Facility Agreement (Globalstar, Inc.)

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Third parties rights. A person who is not a party to this Letter has no right under the Contracts (Rights of Third Parties) Xxx 0000 to enforce any of its terms. We should be grateful if you would sign and return to us the enclosed copy of this Letter by way of your acknowledgement and acceptance of the contents of this Letter. Yours faithfully, /s/ Xxxxxxx Xxxx Xxxxxxxxx Xxxxxxx /s/ E. Galzy X. Xxxxx For and on behalf of BNP Paribas as the COFACE Agent /s/ Xxxxxxx Xxxx Xxxxxxxxx Xxxxxxx /s/ X. Xxxxx …………………………… BNP Paribas as Lender /s/ Xxxxxx Xxxxxxx …………………………………… Société Générale as Lender /s/ Arnaud Sarret Xxxx-Xxxxx Xxxxx /s/ Xxxxx Xxxxxxxxx Xxxxxx Xxxxxx …………………………………… Natixis as Lender /s/ Xxxxxxx Xxxxxxxx Xxxxxxxx /s/ Xxxxxx Xxxxxxxx …………………………………… Crédit Agricole Corporate and Investment Bank as Lender /s/ Xxxxxxx Xxxxx Xxxxxx Xxxxxx /s/ Xxxxxx-Xxxxxxxx Xxxxxxxx Francois Guiffart …………………………………… Crédit Industriel et Commercial as Lender Acknowledged and agreed For and on behalf of Globalstar, Inc. as Borrower /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011 23 January 2012 Acknowledged and agreed For and on behalf of Thermo Funding Company LLC as Obligor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Manager Date: 29 March 2011 23 January 2012 Acknowledged and agreed For and on behalf of GSSI, LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011 23 January 2012 Acknowledged and agreed For and on behalf of Globalstar Security Services, LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011 23 January 2012 Acknowledged and agreed For and on behalf of Globalstar C, LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011 23 January 2012 Acknowledged and agreed For and on behalf of Globalstar USA, LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011 23 January 2012 Acknowledged and agreed For and on behalf of Globalstar Leasing LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011 23 January 2012 Acknowledged and agreed For and on behalf of Spot LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011 23 January 2012 Acknowledged and agreed For and on behalf of ATSS Canada, Inc. as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011 23 January 2012 Acknowledged and agreed For and on behalf of Globalstar Brazil Holdings, L.P. as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011 23 January 2012 Acknowledged and agreed For and on behalf of GCL Licensee LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011 23 January 2012 Acknowledged and agreed For and on behalf of GUSA Licensee LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 2011 23 January 2012 Acknowledged and agreed For and on behalf of Globalstar Licensee LLC as Subsidiary Guarantor /s/ Xxxxx Xxxxxx III By: Xxxxx Xxxxxx III Title: Chairman Date: 29 March 201123 January 2012

Appears in 1 contract

Samples: Facility Agreement (Globalstar, Inc.)

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