ISCH definition
Examples of ISCH in a sentence
Notwithstanding any prior agreement, including the ISCH Letter Agreement, all Indebtedness owed by the Borrower or IMPSAT to ISCH under the Lucent Argentina 2000 Financing Agreement shall have been capitalized by IMPSAT in the Borrower with no further obligation or liability on the part of either the Borrower or IMPSAT, and the Administrative Agent shall have received evidence, in form and substance satisfactory to it, that such Indebtedness has been capitalized.
Regardless of whether PanAmSat is prevented from enforcing any of the obligations as a result of bankruptcy or similar proceedings against ISCH, PanAmSat shall be entitled to receive the sums which would have been otherwise due.
In consideration of International Satellite Communication Holding Limited ("ISCH") entering into the Full-Time Transponder Lease Agreement with PanAmSat, dated April 20, 1998, (the "Agreement") and in order to induce PanAmSat to enter into the Agreement, Guarantor hereby irrevocably and unconditionally guarantees the prompt payment when due to PanAmSat of all amounts and obligations payable by ISCH under the Agreement.
This Guarantee is a guarantee of payment and not of collection and Guarantor hereby waives notice of acceptance of this Guarantee and any and all legal requirements that PanAmSat shall institute a legal action against ISCH with respect to the Agreement as a condition precedent to bringing any action against Guarantor.
Notwithstanding any prior agreement, including the ISCH Letter Agreement, all Indebtedness owed by IMPSAT Argentina or IMPSAT to ISCH under the Lucent Argentina 2000 Financing Agreement shall have been capitalized by IMPSAT in the IMPSAT Argentina with no further obligation or liability on the part of either IMPSAT Argentina or IMPSAT, and the Administrative Agent shall have received evidence, in form and substance satisfactory to it, that such Indebtedness has been capitalized.