Loral Orion definition

Loral Orion shall have the meaning set forth in the preamble to this Agreement.
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Loral Orion s Interest in the Satellite Pursuant to the terms of the SS/L Contract and the Related Orion Agreement, Loral Orion will assume APT's rights to receive title to the Satellite upon Intentional Ignition of the Launch Vehicle providing Launch Services for the Satellite on the condition that Loral Orion will, simultaneously with its receipt from SS/L of title to the Satellite, grant the APT Leasehold Interest to APT. However, upon payment of the termination payments required to be made by Loral Orion to APT as described in Article 3 below, the APT Leasehold Interest in certain transponders on the Satellite will be terminated so that upon completion of all termination payments to be made as set forth in Article 3 below, Loral Orion's right, title PROPRIETARY and interest in the Satellite shall be as follows:
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Examples of Loral Orion in a sentence

  • I have reviewed this quarterly report on Form 10-Q of Loral Orion, Inc.

  • The name of the corporation (the "Corporation") is Loral Orion, Inc.

  • In the event that APT shall wish to assign its rights and obligations hereunder to an Affiliate, it may do so, provided however that Loral Orion will not be adversely affected or prejudiced by any assignment or delegation by APT to its Affiliate of its rights and obligations under the MII and OFTA filings and under the license agreements with TongaSat and ChinaSat with respect to the Orbital Slot.

  • Any notice, request, demand, waiver, consent, approval or other communication required or permitted to be given hereunder shall be in writing and shall be delivered by hand, by facsimile (with confirmation of receipt), or by DHL or other comparable international courier service, return receipt required, as follows:- If to Loral, to: Loral Orion, Inc.

  • Each of APT and Loral Orion shall be responsible for the payment of any and all taxes assessed on the construction, use and operation of its respective Payload.

  • Should either APT or Loral Orion fail to make timely payment of any amount required hereunder in accordance with the provisions defined herein, and such failure to pay shall have continued for a period of three (3) months, the party in breach shall pay interest to the other party at the 30-day LIBOR rate plus two percent (2%) per annum in respect of the amounts in arrears.

  • APT agrees that it will not, without Loral Orion's prior written consent, take any action or enter into any agreement in relation to the Orbital Slot that materially impacts the Loral Transponders or involves the payment of money or other financial accommodation which will be borne by Loral Orion.

  • Further, if the term of such lease arrangement is to the End of Life of the Satellite or APSTAR VI, as the case may be, Loral Orion shall have follow-on rights to continue such lease arrangement in respect of the relevant successor satellite on terms and conditions substantially similar to those set forth under the original lease arrangement, except for price, which shall be agreed upon by the parties, based on the "most favored customer" pricing then available on such successor satellite.

  • ORION means Loral Orion, Inc., a Delaware corporation, as Debtor and Debtor in Possession.

  • APT agrees that such terms and conditions shall reflect the fact that Loral Orion is entitled to "most favored customer" status in respect of such lease, subject to all relevant terms being equal.

Related to Loral Orion

  • General order means such order as applies generally throughout the state to all persons, employments, places of employment or public buildings, or all persons, employments or places of employment or public buildings of a class under the jurisdiction of the department. All other orders of the department shall be considered special orders.

  • legal or administrative action means any legal proceeding or arbitration and any administrative or regulatory action or investigation;

  • Principal or Representative means a principal, owner, partner, shareholder, joint venturer, investor, member, trustee, director, officer, manager, employee, agent, representative or consultant.

  • Federal law means the Statute of Canada entitled “The Cannabis Act” and any other Canadian federal legislation regulating cannabis.

  • Moral Rights means any right to claim authorship of a work, any right to object to any distortion or other modification of a work, and any similar right, existing under the law of any country in the world, or under any treaty.

  • The Consumer Price Index means the Consumer Price Index for Canada as published by Statistics Canada (1971 = 100) and hereinafter called the C.P.I.

  • Licensed Subject Matter means Patent Rights and/or Technology Rights.

  • ICSID means the International Centre for Settlement of Investment Disputes;

  • Hedging Transactions means any transactions or assets the Issuer or any of its affiliates (in the meaning of § 1 paragraph 7 German Banking Act (KWG), § 290 paragraph 2 German Commercial Law (HGB)) may have entered into or purchased in order to hedge the risk of entering into and performing its obligations with respect to the Certificates.

  • Consumer credit means credit offered or extended to a consumer primarily for personal, family, or household purposes.