Pledge Release AgreementPledge Release Agreement • October 18th, 2006 • Skyterra Communications Inc • Communications services, nec • New York
This PLEDGE RELEASE AGREEMENT (this “Agreement”), dated as of October 6, 2006, is entered into by and among TMI COMMUNICATIONS DELAWARE, LIMITED PARTNERSHIP, a limited partnership organized under the laws of the State of Delaware (“Pledgor”), and the parties listed on Schedule 1 attached hereto (each individually, together with its successors and assigns, a “Secured Party” and collectively, the “Secured Parties”) and MOBILE SATELLITE VENTURES LP, a limited partnership organized under the laws of the State of Delaware, in its capacity as security agent on behalf of itself and the other Secured Parties (the “Security Agent”). Unless otherwise defined herein, all capitalized terms used herein shall have the same meaning as in the Pledge Agreement (as hereinafter defined).
