Common use of Satellite Assets Clause in Contracts

Satellite Assets. (a) Ground Stations. Each satellite ground station, including the related material transmission/reception facility assets (consisting of material land, building, fixtures, improvements (if any), and material satellite antennae and other equipment) that is owned, leased or otherwise operated by Satlynx or any of its Subsidiaries as of the date of this Agreement is listed in Schedule 4.15(a) (collectively, the “Ground Stations”). Each Ground Station and all components used in connection therewith are, and any other ground station (including related transmission/reception facility assets) that Satlynx or any of its Subsidiaries owns, leases or otherwise operates on the Closing Date, and all components used in connection therewith, will, on the Closing Date, be, (i) in good operating condition and repair (which takes into account ordinary wear and tear) and suitable for their intended purpose and (ii) supported by a backup fuel-powered electricity generator capable of generating power sufficient to meet the requirements of the operations conducted at the ground station, other than any Ground Station or component used in connection therewith or such other ground station or component used in connection therewith the loss of which, individually or in the aggregate, has not had and is not reasonably expected to have an SES Material Adverse Effect.