NSS-8 definition
Examples of NSS-8 in a sentence
This Clause is for the benefit of the Pledgee only and shall not limit its right to bring proceedings against the Pledgor in connection with this Agreement or the NSS-8 Contract in any other court of competent jurisdiction or (to the extent allowed by law) concurrently in more than one jurisdiction.
Upon the occurrence of an Event of Default and the issuance of the Default Notice to the Pledgor, the Pledgee is irrevocably authorised to notify the NSS-8 Customers under the Accounts Receivable of the Rights of Pledge by sending a notification substantially in a form provided by the Pledgee to the Pledgor 30 days after the date of this Agreement at the latest and agreed between the Parties (acting reasonably) within 10 days after that date.
Following receipt of any such written notice, and to the extent necessary for Customer Contract Coverage Maintenance, NSS shall promptly so instruct sufficient NSS-8 Customers.
NSS shall then assume any future procurement responsibility for Satellite Consulting, Inc.’s services under the NSS-8 program.
Contractor shall seek to have all export license applications processed expeditiously such that no NSS-8 program milestone is affected by any U.S. Government administrative processing delay including, in particular, action by ODTC.
New Skies and BSSI shall resolve any dispute or disagreement arising under or relating to the NSS-8 Contract in accordance with Article 21 thereof, including its arbitration provisions (which currently provide for arbitration under the Rules of Conciliation and Arbitration of the International Chamber of Commerce by three arbitrators in an arbitration conducted in the United Kingdom).
Upon such notification of the NSS-8 Customers, the Pledgee shall be entitled to demand the performance judicially and extra-judicially of, and to receive payment with respect to, the Accounts Receivable and to exercise the other rights granted to a pledgee under section 3:246 of the Dutch Civil Code in respect thereof.
The Arbitrator shall have no authority to award punitive or other damages not measured by the prevailing party’s actual damages and may not, in any event, make any ruling, finding, or award that does not conform to the terms and conditions of this Agreement and the NSS-8 Contract.
Any notices and other communications under or in connection with this Agreement shall be given in accordance with Article 29 of the NSS-8 Contract.
NSS shall also grant to Contractor an irrevocable (subject to the limitations provided for herein), non-exclusive, royalty free, worldwide license (which Contractor may sublicense to any qualified third party) to use the NSS codes, documentation, procedures and information provided under this clause (b) solely for the purpose of performing TTC&M of the Spacecraft and continuing to provide services to NSS-8 Customers.