Satellite Business definition

Satellite Business means the business of communication of electronic video, data, voice or other information by transmission by satellite operating in the Fixed Satellite Service frequencies for hire in any of the geographic areas in which the Company or its Subsidiaries operate such Fixed Satellite Service frequencies as of the date of Participant’s termination of employment.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Satellite Business means the business of operating satellites and provision of satellite communication services and related businesses in the satellite business sector, including the following GE businesses and/or investments: Sat-GE Limited, Asia Satellite Telecommunications Holdings Limited, SatLynx Holdings S.a.r.l., Star One S.A. and Orbcomm, Inc.

Satellite Business. The business of operating direct-to- ------------------ customer satellite delivery systems.

Examples of Satellite Business in a sentence

• Employee shall be deemed to be engaging in the Satellite Business if he directly or indirectly, whether or not for compensation, renders personal services of any kind in any capacity for any Competitor.

• After giving effect to the foregoing, it is the intent of the parties that the Company's rates for the O&O Program Services in its Satellite Business shall not be higher than the lowest rate(s) given to any Comparable Distributor in the same distribution technology.

• With respect to each O&O Program ----------------------------- Service, TCI shall, or shall cause the applicable O&O Subsidiary to, offer to provide such Programming Service to the Company for distribution to the subscribers of its Satellite Business ("Satellite Subscribers") in the Territory on most-favored-customer terms and conditions ("MFN") (the foregoing being referred to herein as, TCI's "Programming Commitment").

• Employee shall be deemed to be engaging in the Satellite Business if he directly or indirectly, whether or not for compensation, renders personal services of any kind in any capacity for any Competitor (as hereinafter defined).

• The parties desire to effect the transactions set forth in this Agreement in connection with a plan to reorganize and spin off TCI's interests in the business of distributing multichannel programing services directly to consumers in the United States via digital broadcast satellite, including the rental and sale of customer premises equipment relating thereto (the "Digital Satellite Business"), which plan was adopted by TCI's Board of Directors on June 17, 1996.

• Employee shall be deemed to be engaging in the Satellite Business if he, directly or indirectly and whether or not for compensation, renders personal services of any kind in any capacity for any Competitor.

• MCI has no Knowledge of any failure of MCI to comply (whether or not known by or disclosed to the FCC or any other Person) in all material respects with all Regulatory Provisions applicable to the U.S. Satellite Business, and with the terms and conditions of the MCI FCC License, including, but not limited to, any due diligence obligations or reporting requirements associated with the MCI FCC License.

• None of Shareholder or its Affiliates (other than the Companies and any Subsidiaries thereof) owns (i) Intellectual Property used in the Cable and Satellite Business as presently conducted or (ii) the Principal Products.

• Within 270 days after the receipt of any Net Proceeds from an Asset Sale, the Company may apply such Net Proceeds to: (i) make capital expenditures or acquire Business Assets, (ii) acquire 100% of the Equity Interests of a Related Satellite Business, (iii) market imagery products and services, (iv) repay Indebtedness under a Credit Facility, and (v) provide working capital.

• Furthermore, nothing herein shall limit Buyer, the Companies, or any Affiliates of Buyer from employing or offering employment to any person employed by Shareholder or any of its Affiliates at the Winchester Data Center who, as of the date hereof, is primarily occupied with servicing the Companies, at such future time as the Companies no longer use the Winchester Data Center to operate any portion of the Cable and Satellite Business.

More Definitions of Satellite Business

Satellite Business means the business of providing satellite-based communication services (including value added services such as video, data, voice or other operational applications and/or ground-based infrastructure or services which support or complement the satellite-based services).

Satellite Business means the business of developing, manufacturing and selling composite materials, or components thereof, for incorporation into satellites.

Satellite Business shall have the meaning ascribed to such term in ------------------ the recitals. "Section 338(h)(10) Election" shall have the meaning ascribed to such --------------------------- term in Section 11.9(a).

Satellite Business means Fiberite's business of developing, manufacturing and selling composite materials, or components thereof, for incorporation into satellites as of the date of the closing of the Hexcel Agreement.