Satellite Financing definition

Satellite Financing means senior and subordinated secured debt facilities required for the financing of Company Satellites, Company Earth Stations and related hardware and services of at least US$1,900,000,000 from one or more financial institutions, investors or export credit agencies (in each case other than any Company Related Party) and any related guaranties and other credit support.
Satellite Financing means any financing of the Partnership in ------------------- respect of satellites that is supported by Letters of Credit.

Examples of Satellite Financing in a sentence

  • Company shall keep Absorbing Company reasonably apprised on a reasonably current basis of the status of, and consult with Absorbing Company with respect to, such negotiations and its efforts to obtain the Satellite Financing.