Common use of Confirmed Failure Clause in Contracts

Confirmed Failure. A Lessee Transponder shall be deemed to have suffered a "Confirmed Failure" if (a) it fails to meet the Transponder Performance Specifications for a cumulative period of more than [***] during any consecutive [***] period, (b) [***] or more "outage units" (as defined below) occur within a consecutive [***] period, or (c) it fails to meet the Transponder Performance Specifications for any period of time under circumstances that make it clearly ascertainable or predictable technically that the failure set forth in either (a) or (b) of this Section 12.02

Appears in 2 contracts

Samples: Transponder Lease Agreement (Panamsat Corp /New/), Transponder Sublease Agreement (Panamsat Corp /New/)

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Confirmed Failure. A Lessee Transponder shall be deemed to have suffered a "Confirmed Failure" if (a) it fails to meet the Transponder Performance Specifications for a cumulative period of more than [***] during any consecutive [***] period, (b) [***] or more "outage units" (as defined below) occur within a consecutive [***] period, or (c) it fails to meet the Transponder Performance Specifications for any period of time under circumstances that make it clearly ascertainable or predictable technically predictable, by technical analysis, that the failure set forth in either (a) or (b) of this Section 12.02

Appears in 2 contracts

Samples: Transponder Lease Agreement (Panamsat Corp /New/), Transponder Lease Agreement (Panamsat Corp /New/)

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