Examples of Launch Contract in a sentence
As a result of the replacement of Sea Launch for the commissioning of AsiaSat 5, the total commission cost, taking into account the new consideration under the Launch Contract less the cost of the Original Launch Contract of US$45 million (approximately HK$351 million), will add up to a total of approximately US$215 million (approximately HK$1,677 million).
Herron, VP Marketing, Hughes Space and Communications International, Inc., from He Xing, subject: “Signing ChinaSat 7 Launch Contract and Others,” April 4, 1996.
The Launch Contract constitutes a discloseable transaction of the Company and is subject to announcement but is exempt from shareholders’ approval requirements under Chapter 14 of the Listing Rules.
The Circular containing, among other things, details of the Launch Contract and the transactions contemplated thereunder, relevant financial information as required under the Listing Rules will be despatched to the Shareholders on or before 27 March 2009.
The Company’s controlling shareholder, Bowenvale Limited, which owns approximately 69% of the issued share capital or 268,905,000 ordinary shares of the Company as at the date of this announcement, has granted its written approval to the Company for the entering into of the Launch Contract and the transactions contemplated thereunder as required under the Listing Rules.
The Company’s controlling shareholder, Bowenvale Limited, which owns approximately 69% of the issued share capital or 268,905,000 ordinary shares of the Company as at the date of this announcement, has granted its written approval to the Company for the entering into the Launch Contract and the transactions contemplated thereunder.
As the Company has complied with the major transaction requirements in respect of the Construction Agreements and the SpaceX Launch Contracts, the Company is not required to reclassify the ILS Launch Contract by aggregating it with the Construction Agreements and the SpaceX Launch Contracts.
The Escrow Agent will not be permitted to disburse any proceeds from the Satellite Escrow Account unless the Company delivers an Officers' Certificate, prior to such disbursement, to the Trustee and the Escrow Agent certifying that such funds will be applied toward required payments under the Satellite Contract or Launch Contract relating to EchoStar IV or toward a payment on Launch Insurance or In-Orbit Insurance for EchoStar IV.
Certain applicable percentage ratios attributable to the Launch Contract (excluding the replacement launch services cost) exceed 5% but are less than 25%.
A termination charge of up to US$48.5 million (equivalent to approximately HK$378.3 million) shall be payable by AsiaSat if the Launch Contract is terminated by AsiaSat on its own course or other circumstances, including a default of payment by AsiaSat in accordance with the terms of the Launch Contract.