PHASE 0 BLOCK LOAN AGREEMENTPhase 0 Block Loan Agreement • December 21st, 2007 • Skyterra Communications Inc • Communications services, nec • New York
This Phase 0 Block Loan Agreement (the “Agreement”), dated as of December 20, 2007, is by and between Mobile Satellite Ventures LP, a Delaware limited partnership (“MSVLP”), Mobile Satellite Ventures (Canada) Inc., an Ontario corporation (“MSV Canada”), and SkyTerra Communications, Inc., a Delaware corporation (“SkyTerra,” and, together with MSVLP and MSV Canada, the “MSV Parties” and each an “MSV Party”), on the one hand, and Inmarsat Global Limited, a company incorporated under the laws of England and Wales (“Inmarsat” and, together with the MSV Parties, collectively the “Parties” and each individually a “Party”), on the other hand.
