Examples of Satellite Purchase Agreement in a sentence
Agreement: Satellite Purchase Agreement #60150 by and between DigitalGlobe, Inc.
The Secured Party’s sole duty as a Secured Party with respect to the custody, safe keeping and physical preservation of the Collateral in its possession, under Section 9-207 of the UCC of the State or otherwise, shall be to deal with such Collateral in the same manner as the Secured Party deals with similar property for its own account; provided, however, that nothing in this Agreement shall be construed to limit in any way the obligations of SS/L under the Satellite Purchase Agreement.
From the Customer, a duly executed counterpart of the Satellite Purchase Agreement.
The Satellite Purchase Agreement is in full force and effect and the Customer is not in default in the performance of any of its material covenants or obligations set out therein.
Subject to the terms and conditions hereof, the proceeds of each Loan will be used solely to pay Milestone Payments owed by the Customer pursuant to the Satellite Purchase Agreement or, subject to the provisions of Section 2.01 of this Agreement, to reimburse the Customer for payment of the same.
Each Relevant Company has good record and marketable title in and to all of its properties, except for such defects in title as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect or, if the Customer does not have such title to the Satellite or any other Collateral, it will have such title on or prior to the In-Orbit Commissioning Date pursuant to the terms of the Satellite Purchase Agreement.
The Customer shall cause, or if the Customer is not the SPA Party the Customer shall cause the SPA Party to cause, the Satellite Manufacturer to maintain in full force and effect all Export Licenses, if required by applicable law, in accordance with the terms of the Satellite Purchase Agreement.
Xxxxxx TITLE: General Counsel TITLE: CEO & President DATE: October 2, 2006 DATE: October 2, 2006 This Amendment No. 1 (“Amendment No. 1”) to Satellite Purchase Agreement #8862 (the “‘Agreement”) is entered into by and between DigitalGlobe Inc.
Loans made under the Credit Agreement will be secured by our rights under the Satellite Purchase Agreement with Space Systems/Loral, including our rights to the new satellite.
Nothing contained in this Assignment shall increase the liability of Assignor to Assignee beyond the liability that Assignor has under the Satellite Purchase Agreement and any action brought by Assignee with respect to this Assignment shall be subject to the limitations on liabilities and remedies set forth in the Satellite Purchase Agreement.