Spectrum Assets definition
Examples of Spectrum Assets in a sentence
The Borrower shall not agree to any settlement terms of the Inmarsat Litigation (or any amendments thereto) that could reasonably be expected to be materially adverse to the use of the Spectrum Assets until the Administrative Agent has first provided written confirmation to the Borrower that such settlement terms (or amendment thereto) are satisfactory to the Administrative Agent in its sole discretion.
The Borrower shall not agree that the transfer of the Spectrum Assets is satisfactory, as provided for in Section 2.3.2 of the SpectrumCo-Ligado Collaboration Agreement, until the Administrative Agent has first provided written confirmation to the Borrower that such transfer is satisfactory to the Administrative Agent in its sole discretion.
The Borrower, AST and/or any Affiliate thereof shall not use the Spectrum Assets once an event has occurred that would allow Ligado to terminate the SpectrumCo-Ligado Collaboration Agreement within ten (10) Business Days prior to the end of any applicable grace or cure periods relating thereto.