Examples of Satellite Contract in a sentence
APT (HK) shall not have any right to terminate for convenience of the Satellite Contract in whole or in part after Launch.
In such event, APT (HK) shall pay the termination charges applicable to any portion of the work under the Satellite Contract, being the total direct costs incurred by the Contractor in the performance of the work prior to the termination of the Satellite Contract, including the reasonable costs properly incurred with respect to termination and settlement with vendors and subcontractors as a result of such termination, plus a 6% charges on such costs.
The Borrower will perform and comply in all material respects with all its obligations under the Satellite Contract.
Accordingly, the Satellite Contract and the transactions contemplated thereunder also constitute a connected transaction of the Company under Chapter 14A of the Listing Rules.
At the Closing, the Company and SS/L shall also execute and deliver Amendment No. 16 to the Satellite Contract.