Telecommunications Approval means an order, instrument or approval of any applicable Telecommunications Authority granting Borrower authority to construct, launch, operate and maintain each of the Satellites and TTC&M Facilities used in connection with the DigitalGlobe Business, including national and local telecommunications licenses and compliance with International Telecommunication Union procedures and requirements.
Examples of Telecommunications Approval in a sentence
Telecommunications Approval, including any FCC License, PUC Authorization or Franchise, of any Credit Party shall expire or terminate or be modified, revoked or otherwise lost which in any case could reasonably be expected to have a Material Adverse Effect.
Except as set forth in Disclosure Schedule (3.1), no Credit Party is in violation of, or in default of, in a manner that, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect, any applicable Communications Law or the provisions, terms and conditions of any Telecommunications Approval.
Except (i) in connection with any of the gateways in which Motorola is an investor, (ii) the tracking, telemetry and command stations and (iii) otherwise as described in Schedule Motorola is not responsible for obtaining any other Telecommunications Approval in connection with the Development of the Project.
Anything in this Agreement to the contrary notwithstanding, the Company will not permit any License Subsidiary to: (i) sell, assign or otherwise dispose of the FCC License or any other Telecommunications Approval held by it; (ii) create, assume, incur or suffer to exist any Lien on any of its properties or any Indebtedness; or (iii) engage in any business or other transaction other than holding the Telecommunications Approval(s) held by it and activities reasonably incidental thereto.