Common use of Third Party Launch Liability Insurance Clause in Contracts

Third Party Launch Liability Insurance. The Borrower will cause each Launch Services Provider to procure and maintain Third Party Launch Liability Insurance in full force and effect for the period required under the relevant Launch Services Agreement and to name the Administrative Agent or Collateral Trustee, as applicable, and the Lenders as additional insureds thereunder.

Appears in 2 contracts

Samples: Credit Agreement (PanAmSat Holding CORP), Credit Agreement (Panamsat Corp /New/)

AutoNDA by SimpleDocs

Third Party Launch Liability Insurance. The Borrower Holdings will cause each Launch Services Provider to procure and maintain Third Party Launch Liability Insurance in full force and effect for the period required under the relevant Launch Services Agreement and to name the Administrative Agent or Collateral Trustee, as applicable, and the Lenders as additional insureds thereunder.

Appears in 2 contracts

Samples: Senior Bridge Loan Agreement (Loral Space & Communications Inc.), Senior Subordinated Bridge Loan Agreement (Loral Space & Communications Inc.)

Third Party Launch Liability Insurance. The Borrower will cause each Launch Services Provider to procure and maintain Third Party Launch Liability Insurance in full force and effect for the period required under the relevant Launch Services Agreement and to name the Administrative Agent or Collateral Trustee, as applicable, Trustee and the Lenders as additional insureds thereunder.

Appears in 1 contract

Samples: Credit Agreement (Panamsat Corp /New/)

Third Party Launch Liability Insurance. The Borrower will use commercially reasonable efforts to cause each Launch Services Provider to procure and maintain Third Party Launch Liability Insurance in full force and effect for the period required under the relevant Launch Services Agreement and to name the Administrative Agent or Collateral Trustee, as applicable, and the Lenders as additional insureds thereunderAgreement.

Appears in 1 contract

Samples: Credit Agreement (Intelsat LTD)

AutoNDA by SimpleDocs

Third Party Launch Liability Insurance. The Borrower Holdings will cause each Launch Services Provider to procure and maintain Third Party Launch Liability Insurance in full force and effect for the period required under the relevant Launch Services Agreement and to name the Administrative Agent, Collateral Agent or Collateral Trustee, as applicable, and the Lenders as additional insureds thereunder.

Appears in 1 contract

Samples: Credit Agreement (Loral Space & Communications Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!