Common use of Launch Insurance Clause in Contracts

Launch Insurance. Holdings will, or will cause the relevant Satellite Manufacturer to, obtain, maintain and keep in full force and effect with respect to each Covered Satellite that is to be launched, Launch Insurance (it being understood that if a Satellite Manufacturer procures Launch Insurance for Covered Satellites in accordance with the terms of this clause (ii), Holdings’ obligations under this clause (ii) with respect to such Covered Satellites shall be satisfied), to be procured prior to the launch of such Covered Satellite, which insurance shall attach not later than at Launch and continue in full force and effect until no sooner than the completion of initial in-orbit testing, provided that Holdings shall have no obligation to obtain or maintain Launch Insurance for any satellite for which there is neither risk of loss to Holdings or its Restricted Subsidiaries nor an obligation by Holdings or its Restricted Subsidiaries to make any payments to the Satellite Manufacturer that exceed $5.0 million in the aggregate prior to risk of loss passing to Holdings or its Restricted Subsidiaries. The Launch Insurance for each Covered Satellite:

Launch Insurance. Holdings will, or will cause the relevant Satellite Manufacturer to, obtain, maintain and keep in full force and effect with respect to each Covered Satellite that is to be launched, Launch Insurance (it being understood that if a Satellite Manufacturer procures Launch Insurance for Covered Satellites in accordance with the terms of this clause (ii), Holdings’ obligations under this clause (ii) with respect to such Covered Satellites shall be satisfied), to be procured prior to the launch of such Covered Satellite, which insurance shall attach not later than at Launch and continue in full force and effect until no sooner than the completion of initial in-orbit testing, provided that Holdings shall have no obligation to obtain or maintain Launch Insurance for any satellite for which there is neither risk of loss to Holdings or its a Restricted Subsidiaries Subsidiary nor an obligation by Holdings or its a Restricted Subsidiaries Subsidiary to make any payments to the Satellite Manufacturer that exceed $5.0 5 million in the aggregate prior to risk of loss passing to Holdings or its such Restricted SubsidiariesSubsidiary. The Launch Insurance for each Covered Satellite:

Launch Insurance. Holdings will, or will cause the relevant Satellite Manufacturer to, obtain, maintain and keep in full force and effect with respect to each Covered Satellite that is to be launched, Launch Insurance (it being understood that if a Satellite Manufacturer procures Launch Insurance for Covered Satellites in accordance with the terms of this clause (ii), Holdings’ obligations under this clause (ii) with respect to such Covered Satellites shall be satisfied), to be procured prior to the launch of such Covered Satellite, which insurance shall attach not later than at Launch and continue in full force and effect until no sooner than the completion of initial in-orbit testing, provided that Holdings shall have no obligation to obtain or maintain Launch Insurance for any satellite for which there is neither risk of loss to Holdings or its a Restricted Subsidiaries Subsidiary nor an obligation by Holdings or its a Restricted Subsidiaries Subsidiary to make any payments to the Satellite Manufacturer that exceed $5.0 5 million in the aggregate prior to risk of loss passing to Holdings or its Restricted SubsidiariesSubsidiary. The Launch Insurance for each Covered Satellite: