Orbital Slot definition
Examples of Orbital Slot in a sentence
APT agrees that it will not, without Loral Orion's prior written consent, take any action or enter into any agreement in relation to the Orbital Slot that materially impacts the Loral Transponders or involves the payment of money or other financial accommodation which will be borne by Loral Orion.
In the event that APT shall wish to assign its rights and obligations hereunder to an Affiliate, it may do so, provided however that Loral Orion will not be adversely affected or prejudiced by any assignment or delegation by APT to its Affiliate of its rights and obligations under the MII and OFTA filings and under the license agreements with TongaSat and ChinaSat with respect to the Orbital Slot.
In no event shall Satmex 5 or Satmex 6, as applicable, be moved to the New Orbital Slot prior to the expiration of such ninety (90) day period.
On or before the Satmex 5 Loral Transponder Sale Date or the Satmex 6 Loral Transponder Sale Date, as applicable, the Collateral Trustee shall, and is hereby irrevocably directed to, notify Loral Skynet Corporation (the “Sale Notice”) of the sale, the location of the New Orbital Slot, and the proposed course of action, if any.
The applicable G▇▇▇▇ ▇▇▇▇▇▇ 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.
In addition, APT is the licensee of the rights to the Orbital Slot and has agreed to make the Orbital Slot available to Loral Orion for use in connection with the operation of the Satellite for no additional consideration as set forth in the Orbital Sub-License Agreement.
APT and Loral Orion agree that except as set forth in this Paragraph 9.5, no other amounts shall be payable by Loral Orion with regard to the Orbital Slot, except as may be incurred by Loral Orion with respect to its participation in coordination activities as contemplated by Paragraph 9.1.1 above.
APT shall immediately notify Loral in writing of any changes that affect operation of the Satellite in the Orbital Slot imposed by any Governmental Entity of the PRC or Hong Kong.
APT shall use its best efforts to conduct coordination activities for the Satellite and any replacement or additional satellite at the Orbital Slot .
APT shall use its best efforts to obtain the cooperation of the Governmental Entities of the PRC to coordinate the Orbital Slot in a manner designed to make full use of the frequencies assigned to the Orbital Slot.