Covered Satellite definition
Covered Satellite means any Satellite or a portion of a Satellite, as applicable, with respect to which Borrower or any other Loan Party owns or retains risk of loss.
Covered Satellite means any Satellite or a portion of a Satellite, as applicable, with respect to which the Company or any of its Restricted Subsidiaries owns or retains risk of loss.
Covered Satellite means any In-Orbit Satellite and any Satellite Under Construction.
Examples of Covered Satellite in a sentence
Other than with respect to (A) Excluded Satellites and (B) the C-band payload of any Covered Satellite that is not a Named Satellite protected by In-Orbit Spare Capacity, Holdings will, and will cause its Restricted Subsidiaries to, obtain, maintain and keep in full force and effect, with respect to each Covered Satellite, In-Orbit Insurance with respect to each Covered Satellite.
More Definitions of Covered Satellite
Covered Satellite set forth in Section 1.1 of the Credit Agreement is hereby amended and restated in its entirety to read as follows: