TELSTAR 12 definition

TELSTAR 12 means the satellite known as Telstar 12 (formerly known as Orion 2), and any replacement for such satellite.
TELSTAR 12 means the Skynet Satellite referred to as “Telstar 12” as of the date hereof;
TELSTAR 12 means the Skynet Satellite referred to as “Telstar 12” as of the date hereof; “Terminated Contracts” means the Management Agreements and the Contracts set forth in Section 1.1-A of Skynet Disclosure Letter; “Third Party Claim” is defined in Section 7.4(c); “Third Party Consents” means the consents, approvals, orders, authorizations, notifications and filings which may need to be obtained in connection with the execution, delivery and performance of this Agreement and/or the Asset Purchase Agreement, or any of the other documents and agreements to be delivered hereunder, by Skynet, as disclosed by Skynet in the Skynet Disclosure Letter, excluding, for greater certainty, the Transaction Approvals; “Total Hedging Differential” means the number, which may be positive or negative, determined as set forth in Section 2.7; “Total Loss” means, with respect to any Specified Satellite Capacity, (a) the loss or complete destruction of such Specified Satellite Capacity after the date of this Agreement, or (b) an occurrence or a series of occurrences arising after the date of this Agreement as a result of which the Actual Satellite Operational Capability of such Specified Satellite Capacity, as measured on a certain date, is reduced to less than 50% of Stated Satellite Operational Capability of such Specified Satellite Capacity; “Tranche” is defined in Section 4.20(a); “Tranche Differential” is defined in Section 2.6(h); “Tranche Differential Rate” is defined in Section 2.6(i); “Transaction Agreements” means this Agreement, the Asset Purchase Agreement and the Parent Subscription Agreement; “Transaction Approvals” means, collectively: (a) Major Regulatory Approvals; and (b) Minor Regulatory Approvals; “Transfer Shares” is defined in Section 2.6(j); “Transferred Property” means (a) the Accounts Receivable and Cash Assets, (b) the Contract Rights, (c) the Equipment and Machinery, (d) the Files and Records, (e) the Intangible Assets, (f) the Business Radio Licenses of Skynet, (g) the Leased Real Property of Skynet, (h) the Owned Real Property of Skynet, and (i) any other assets of Skynet, including prepaid expenses relating to or used in the operation of the Business as of the Closing Date, wherever situated and of whatever kind and nature, real or personal, tangible or intangible, whether or not reflected on the books and records of Skynet (including all such items as are set forth on the Balance Sheet, with additions thereto (net of dispositions) in the Ordinary Course o...

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