Loral Usufructo definition

Loral Usufructo that certain usufructo granted by Satmex to the Loral Entities under Articles 980 et seq. of Mexico’s Federal Civil Code (“Article 980”) with respect to the Loral Transponders as set forth in the Restructuring Agreement and pursuant to the certain Agreements (the “Usufructo Agreements”) in respect of the Loral Usufructo between Loral Skynet Corporation and Satmex dated on or about the date hereof (the “Lxxxx Xxxxx”).
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Loral Usufructo means the right in rem defined as a usufructo under Articles 980 et seq. of the Federal Civil Code (Codigo Civil Federal) of Mexico to be irrevocably granted by the Reorganized Debtor as of the Effective Date, pursuant to the Loral Usufructo Documents, to certain Affiliates of Loral (as designated by Loral) with respect to the Loral Transponders as described in the Loral Usufructo Documents, which Loral Usufructo shall be registered at the commercial file with the Public Registry of Commerce of the Debtor or the Reorganized Debtor, as the case may be.
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Loral Usufructo shall have the meaning ascribed to that term in section 5A of this Agreement.
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Examples of Loral Usufructo in a sentence

  • The applicable Gxxxx Xxxxxx shall have the right, within ninety (90) days of receipt of the Sale Notice, to advise the Collateral Trustee in writing, whether it elects to continue or terminate any existing Loral Usufructo on some or all of the Loral Transponders at the New Orbital Slot, which election shall be at the applicable Grant Holders’ sole discretion.

  • Each of the Collateral Trustee and the Indenture Trustee, each for themselves and on behalf of each of the Second Priority Holders, shall not, and hereby waive any right to, foreclose the Loral Usufructo in the Loral Transponders.

  • Each of the Collateral Trustee and the Indenture Trustee, each for themselves and on behalf of each of the First Priority Holders, shall not, and hereby waive any right to, foreclose the Loral Usufructo in the Loral Transponders.

  • This includes representatives from the subdetector calibration, event filter, database and offline reconstruction communities, as well as the CERN- IT representatives responsible for the Tier-0 farm.

  • Cabot Wrenn is not responsible for the cost of rental furniture while repairs are made.

  • Subject to the Loral Usufructo, the proceeds of the Shared Collateral will be applied to satisfy all outstanding obligations under the First Priority Senior Secured Notes prior to any proceeds being applied to any obligations under the Second Priority Senior Secured Notes.

  • Strategic Drivers 2009 Satellite Occupation by Band As of June 30, 2009 Notes: It is included just the capacity available for sale (State Reserve, Loral Usufructo and Satmex Own Use are not considered) (1) Capacity Optimization (Strong funnel is available) Satmex 5 Satmex 6 Ku-Band C-Band +5.95% +5.30% +38.51% +1.42% +6.11% -0.45% +5.87% H1-2008 Utilization H1-2009 Utilization Var H1-09 vs H1-08 (1) -2.26% (1) 4.

  • On the Effective Date, the Debtor shall execute the Loral Usufructo Documents, pursuant to which the Reorganized Debtor will grant to certain affiliates of Loral the Loral Usufructo with respect to the Loral Transponders as set forth therein.

  • Strategic Drivers 2009 Satellite Occupation by Band As of March 31, 2009 Notes: It is included just the capacity available for sale (State Reserve, Loral Usufructo and Satmex Own Use are not considered) (1) Capacity Optimization Satmex 5 Satmex 6 Ku-Band C-Band +13.16% +1.96% +6.51% +38.61% +2.54% +7.11% -0.97% +9.01% Q1-2008 Utilization Q1-2009 Utilization Var Q1-09 vs Q1-08 (1) 4.

  • Satmex’s obligations to pay interest and principal when due on the First Priority Senior Secured Notes and Second Priority Senior Secured Notes will be secured by separate liens on all present and after acquired assets of Satmex and any restricted subsidiaries, subject to the Loral Usufructo (the “Shared Collateral”).

Related to Loral Usufructo

  • Principal use means the use other than one which is wholly incidental or accessory to another use on the same premises.

  • Bait means any salt, mineral, grain, or other feed. Salt or mineral blocks used for normal agricultural practices are not considered bait.

  • Handgun means a firearm of any description, loaded or unloaded, from which any shot, bullet, or other missile can be discharged by an action of an explosive where the length of the barrel, not including any revolving, detachable, or magazine breech, does not exceed 12 inches; provided, however, that the term "handgun" shall not include a gun which discharges a single shot of .46 centimeters or less in diameter.

  • Agricultural use means the use of any pesticide or method or device for the control of pests in connection with the commercial production, storage or processing of any animal or plant crop. “Agricultural Use” does not include the sale or use of pesticides in properly labeled packages or containers which are intended for: (A) Home use, (B) Use in structural pest control, or (C) Industrial or Institutional use. For the purposes of this definition only:

  • Industrial use means the use of natural gas, electricity, heat, coal, fuel oil, or other fuels:

  • Industrial User means a nondomestic discharger, as identified in 40 CFR Part 403, introducing pollutants to a POTW.

  • SANS : means the South African National Standards.

  • Holocene means the most recent epoch of the Quaternary period, extending from the end of the Pleistocene Epoch to the present.

  • SUR means the software use rights agreements which include additional or supplemental terms and conditions under which Software is licensed and which is made available on xxx.xxx.xxx/xxxxxxx/xxxxx.

  • SORA means, in respect of any Singapore Business Day “i”, a reference rate equal to the daily Singapore Overnight Rate Average published by the Monetary Authority of Singapore (or a successor administrator), as the administrator of the benchmark, on the Monetary Authority of Singapore’s website currently at http://www.mas.gov.sg, or any successor website officially designated by the Monetary Authority of Singapore (or as published by its authorised distributors) (the “Relevant Screen Page”) on the Singapore Business Day immediately following such Singapore Business Day “i”;

  • Lacquer means a clear or opaque wood coating, including clear lacquer sanding sealers, formulated with cellulosic or synthetic resins to dry by evaporation without chemical reaction and to provide a solid, protective film.

  • €STRi-pTBD means, in respect of any TARGET Business Day falling in the relevant Interest Accrual Period, the €STR for the TARGET Business Day falling “p” TARGET Business Days prior to the relevant TARGET Business Day “i”;

  • CESA means the California Endangered Species Act, California Fish and Game Code, section 2050, et seq.

  • QIB/QP Any Person that, at the time of its acquisition, purported acquisition or proposed acquisition of Notes is both a Qualified Institutional Buyer and a Qualified Purchaser.

  • km means kilometre;

  • SMME means small, medium and micro enterprises namely Exempted Micro Enterprises and Qualifying Small Enterprises

  • MAS means milliampere second.

  • NI 45-106 means National Instrument 45-106 – Prospectus and Registration Exemptions;

  • AU means gold.

  • Beneficial use means the right to possession, use, and enjoyment of property, limited only by encumbrances, easements, and restrictions of record.

  • Primer means a coating labeled and formulated for application to a substrate to provide a firm bond between the substrate and subsequent coats.

  • General Use Free Writing Prospectus means any Issuer Free Writing Prospectus that is identified on Schedule A to this Agreement.

  • occasional use , in relation to departure, means a right to utilise land for a purpose granted on a temporary basis for a specific occasion or event;

  • NZME means all companies in the NZME Group including but not limited to APN Holdings NZ Limited, NZME. Publishing Limited, NZME. Radio Limited, GrabOne Limited and all brands and operating companies controlled by or associated with those entities.

  • Natural uranium means uranium with the naturally occurring distribution of uranium isotopes, which is approximately 0.711 weight percent uranium-235, and the remainder by weight essentially uranium-238.

  • s.u. means standard units.