EDS Satellite definition

EDS Satellite means the satellite described in, constructed under and to be delivered pursuant to the terms of the EDS Contract, together with all Deliverable Items (as defined in the EDS Contract) and including, without limitation, the Intellectual Property.
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EDS Satellite means the satellite (currently known as Estrela do Sul) being constructed by Space Systems/Loral, Inc. for the Borrower.
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Examples of EDS Satellite in a sentence

  • In addition, so long as the foregoing license to the Intellectual Property is available to assure the effective ownership, operation, exploitation and use of the EDS Satellite, neither the Secured Party nor any successor shall have any right to acquire ownership thereof.

  • In addition, the Secured Party hereby acknowledges and agrees that Skynet/Brazil does not purport to grant any security interest in the EDS Satellite hereunder, but merely confirms that all right, title and interest it may acquire therein is or will be acquired subject to any preexisting security interest created by Seller pursuant to the terms hereof prior to the EDS Satellite being transferred to SkynetBrazil.

  • In addition, the Secured Party hereby acknowledges and agrees that Skynet/Brazil does not purport to grant any security interest in the EDS Satellite hereunder, but merely confirms that all right, title and interest it may acquire therein is or will be acquired subject to any preexisting security interest created by Seller pursuant to the terms hereof prior to the EDS Satellite being transferred to Skynet/Brazil.