{"component": "definition", "props": {"groups": [{"samples": [{"hash": "1ux5vFg8nAt", "uri": "/contracts/1ux5vFg8nAt#launch-insurance", "label": "Indenture (Telesat Canada)", "score": 32.318275154, "published": true}, {"hash": "jrIYgrKiP56", "uri": "/contracts/jrIYgrKiP56#launch-insurance", "label": "Indenture (Telesat Canada)", "score": 30.9411362081, "published": true}, {"hash": "Eh2ZwY53Iv", "uri": "/contracts/Eh2ZwY53Iv#launch-insurance", "label": "Indenture (Telesat Canada)", "score": 30.7741273101, "published": true}], "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [7, 22]}, {"key": "insurance-for", "type": "clause", "offset": [38, 51]}, {"key": "loss-of", "type": "clause", "offset": [61, 68]}, {"key": "the-successful", "type": "clause", "offset": [172, 186]}, {"key": "physical-separation", "type": "definition", "offset": [222, 241]}, {"key": "launch-vehicle", "type": "clause", "offset": [269, 283]}], "snippet": "means, with respect to any Satellite, 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"type": "definition", "offset": [1293, 1304]}, {"key": "to-the-extent", "type": "clause", "offset": [1315, 1328]}, {"key": "an-officers", "type": "clause", "offset": [1360, 1371]}, {"key": "to-the-trustee", "type": "clause", "offset": [1395, 1409]}, {"key": "necessary-for", "type": "definition", "offset": [1481, 1494]}, {"key": "completion-of-the-development", "type": "clause", "offset": [1499, 1528]}, {"key": "the-relevant", "type": "clause", "offset": [1568, 1580]}, {"key": "the-indenture", "type": "clause", "offset": [1608, 1621]}], "snippet": "means, with respect to a satellite, launch insurance (including, at the option of the Company, reflight coverage for any launch by Lockheed \u2587\u2587\u2587\u2587\u2587\u2587 or LKE, PROVIDED that such coverage permits assignment of the right to any subsequent launch, without consent of the launch provider) covering the period of the launch of such satellite to 180 days after such launch (or for such period as otherwise specified in the applicable policy) in an amount which, together with cash and Cash Equivalents segregated and reserved on the consolidated balance sheet of the Company until the successful launch of such satellite or until applied in accordance with the covenant entitled \"Maintenance of Insurance,\" is equal to or greater than the cost of construction, launch and insurance of such satellite, which insurance shall provide pro rata benefits to the insured upon a loss of more than 20% of the capacity of such satellite and shall compensate the insured for a total loss upon a loss of more than 50% of the capacity of such satellite; PROVIDED, HOWEVER, that the amount of cash and Cash Equivalents that may be used by the Company for purposes of this definition may include cash and Cash Equivalents contained in the Satellite Escrow Account only for purposes of Launch Insurance with respect to EchoStar IV, but only to the extent that the Company certifies, in an Officers' Certificate delivered to the Trustee, that such cash and Cash Equivalents are reasonably not expected to be necessary for the completion of the development, construction, launch and operation of the relevant satellite. For purposes of the Indenture, the proceeds of any Launch Insurance shall be deemed to include the amount of cash and Cash Equivalents segregated and reserved by the Company for purposes of the preceding sentence.", "size": 2, "hash": "165f73114937d96419a8551a8bf2a91e", "id": 9}, {"samples": [{"hash": "8vbl9xavjrA", "uri": "/contracts/8vbl9xavjrA#launch-insurance", "label": "Satellite Purchase Contract (Xm Satellite Radio Holdings Inc)", "score": 21.0, "published": true}], "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [7, 22]}, {"key": "the-satellite", "type": "clause", "offset": [58, 71]}, {"key": "period-beginning", "type": "definition", "offset": [81, 97]}, {"key": "determination-of", "type": "clause", "offset": [149, 165]}, {"key": "terminated-ignition", "type": "clause", "offset": [166, 185]}, {"key": "constructive-total-loss", "type": "definition", "offset": [187, 210]}, {"key": "date-of-launch", "type": "definition", "offset": [251, 265]}, {"key": "operation-of-the", "type": "clause", "offset": [331, 347]}, {"key": "milestone-payments", "type": "definition", "offset": [430, 448]}, {"key": "incentive-amounts", "type": "clause", "offset": [454, 471]}, {"key": "in-the-case", "type": "clause", "offset": [481, 492]}, {"key": "additional-satellite", "type": "definition", "offset": [552, 572]}, {"key": "pursuant-to-article", "type": "clause", "offset": [573, 592]}, {"key": "the-foregoing", "type": "definition", "offset": [648, 661]}], "snippet": "means, with respect to a Satellite, insurance that covers the Satellite from the period beginning at Launch and ending no sooner than the earlier of determination of Terminated Ignition, Constructive Total Loss, Total Loss or five (5) years after the date of Launch. Such insurance shall cover Contractor\u2019s and its Subcontractors\u2019 operation of the Satellite. Such insurance shall cover, with respect to such Satellite, all unpaid Milestone Payments, the Incentive Amounts (except, in the case of Incentive Amounts, where Customer elects to purchase an additional Satellite pursuant to Article 30 (Options)), and all interest required to be paid on the foregoing.", "size": 2, "hash": "1c21a1fe4a735629a4cd5401793e2e6a", "id": 10}], "next_curs": "Cl0SV2oVc35sYXdpbnNpZGVyY29udHJhY3RzcjkLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIZbGF1bmNoLWluc3VyYW5jZSMwMDAwMDAwYQyiAQJlbhgAIAA=", "definition": {"title": "Launch Insurance", "snippet": "means, with respect to any Satellite, insurance for risks of loss of and damage to such Satellite attaching not later than the time of Launch and continuing at least until the successful or unsuccessful attempt to achieve physical separation of such Satellite from the launch vehicle that had been integrated with such Satellite.", "size": 55, "id": "launch-insurance", "examples": ["In no event shall the Borrower or the Supplier be required to maintain or procure Property All Risks Insurance to insure risks that may be required to be insured by, or that covers the same risk or period of coverage provided by the Supplier as the <strong>Launch Insurance</strong> (as defined below).", "<strong>Launch Insurance</strong> shall be bound no later than three (3) Months prior to the then scheduled Launch date of such Satellite.", "In no event shall Holdings be required to, or be required to cause any Satellite Manufacturer to, procure or maintain All Risks Insurance to insure risks that may be required to be insured by, or that covers the same risks or the same period of coverage as, <strong>Launch Insurance</strong>.", "No Event of Default will occur under this Clause 24.18 (Insurance) if the relevant circumstance is capable of remedy and such Insurance is either effected, replaced or resumed within 30 days of the earlier of (i) the COFACE Agent giving notice to the Borrower or relevant Obligor and (ii) the Borrower or an Obligor becoming aware of the failure to comply (but, in the case of <strong>Launch Insurance</strong>, no later than three Business Days prior to intentional ignition in respect of the relevant launch).", "The Borrower further irrevocably authorises the COFACE Agent to apply any amounts credited to the Mandatory Prepayment Account in respect of <strong>Launch Insurance</strong> Proceeds (other than Excess <strong>Launch Insurance</strong> Proceeds and Relevant <strong>Launch Insurance</strong> Proceeds) in or towards payments under the Re-Launch Contracts or in respect of the purchase of new <strong>Launch Insurance</strong> as and when such payments fall due.", "Contractor shall, at the written request of Customer, provide Customer with reasonable assistance (such as providing required technical information) in Customer&#x27;s efforts to procure <strong>Launch Insurance</strong>, and support at Customer&#x27;s meetings with Insurers, if necessary.", "In all events, Transferors may also assign Seller&#x27;s <strong>Launch Insurance</strong>, if any, relating to the applicable satellite, in which event, the purchase price for such satellite, shall include the actual direct payments made with respect to such satellite under Seller&#x27;s <strong>Launch Insurance</strong> policy.", "In no event shall the Borrower be required to, or be required to cause any Satellite Manufacturer to, procure or maintain All Risks Insurance to insure risks that may be required to be insured by, or that covers the same risks or the same period of coverage as, <strong>Launch Insurance</strong>.", "Loral Orion shall be responsible for procuring at its own expense in-orbit insurance for the Loral Transponders following expiration of the coverage period of the <strong>Launch Insurance</strong> policies described above.", "Except as provided in this Deed, the Assignor has not assigned, transferred or otherwise disposed of the Insurance Proceeds (or its right, title and interest to or in the <strong>Launch Insurance</strong> and In-Orbit Insurance), either in whole or in part, nor agreed to do so, and will not at any time do so or agree to do so."], "related": [["fha-insurance", "FHA Insurance", "FHA Insurance"], ["insurance", "Insurance", "Insurance"], ["period-of-insurance", "Period of Insurance", "Period of Insurance"], ["coverage", "Coverage", "Coverage"], ["co-insurance", "Co-insurance", "Co-insurance"]], "related_snippets": [], "updated": "2025-07-06T21:56:50+00:00"}, "json": true, "cursor": ""}}