Satisfactory Operation definition
Examples of Satisfactory Operation in a sentence
If the Spacecraft, after achieving Successful Injection, does not maintain Satisfactory Operation for the full Orbital Life because of the use of the replacement Launch Vehicle, Paragraph B of Article 21 hereof, entitled Spacecraft Performance Incentives, shall apply with respect to any shortfall.
If the risk of failure to maintain Satisfactory Operation has been insured, the Contractor shall forfeit entitlement to the applicable incentive payments.
In the event that the Spacecraft is not Launched within **** of being placed into storage, Inmarsat shall make the payments given in Table D-2 of Annex D hereto, entitled Payment Plan, and shall make the incentive payments provided for in Table D-3 of Annex D hereto, entitled Payment Plan in the same manner as if the Spacecraft had successfully achieved the Post-Launch Milestones given in Table D-2 of Annex D hereto, entitled Payment Plan and continuously maintained Satisfactory Operation.
In the event that the Spacecraft is not Launched within five (5) years of being placed into storage, Inmarsat shall make the payments given in Table D-2 of Annex D hereto, entitled Payment Plan, and shall make the incentive payments provided for in Table D-3 of Annex D hereto, entitled Payment Plan in the same manner as if the Spacecraft had successfully achieved the Post-Launch Milestones given in Table D-2 of Annex D hereto, entitled Payment Plan and continuously maintained Satisfactory Operation.
The Contractor is entitled to receive performance payments for each Spacecraft which operates satisfactorily, as defined in Article 8 of this Contract, entitled Satisfactory Operation, after successful injection of the Spacecraft, as defined in Article 7 of this Contract, entitled Successful Injection.