XM Radio Service definition

XM Radio Service means digital radio programming transmitted by satellites and terrestrial repeating stations to vehicle, home and portable radios in the United States.

XM Radio Service means digital radio programming transmitted by satellites and terrestrial repeating stations to vehicle, home and portable radios in the United States. Table of ContentsDESCRIPTION OF THE WARRANTS The warrants will be issued pursuant to a warrant agreement between Holdings and The Bank of New York as warrant agent. The following summary of certain provisions of the warrant agreement is not complete and is qualified in its entirety by reference to the warrant agreement. A copy of the warrant agreement may be obtained by contacting XM Satellite Radio Holdings Inc., at 1500 Eckington Place, N.E., Washington, D.C. 20002, Attention: General Counsel. General Each warrant, when exercised, will entitle the holder thereof to purchase 85 fully paid and non-assessable shares of Holdings’ Class A common stock at an exercise price of $3.18 per share. The exercise price and the number of shares of Class A common stock issuable upon exercise of a warrant are both subject to adjustment in certain circumstances described below. The warrants may be exercised at any time on or after the grant date. Unless earlier exercised, the warrants will expire on December 31, 2009. We will give notice of expiration not less than 90 nor more than 120 days before the expiration date to the registered holders of the then outstanding warrants. If we fail to give the notice when required, the warrants will not expire until 90 days after notice is given. In order to exercise all or any of the warrants, the holder is required, in the case of a definitive warrant, to surrender to the warrant agent the certificate representing the warrants to be exercised, and in the case of a global warrant, to comply with the applicable procedures set forth in the warrant agreement in each case with the accompanying form of election to purchase properly completed and executed, and to pay in full the exercise price for each share of Class A common stock or other securities issuable upon exercise of the warrants. The exercise price may be paid:

XM Radio Service means digital radio programming transmitted by satellites and terrestrial repeating stations to vehicle, home and portable radios in the United States. Section 1.02. Other Definitions.

Examples of XM Radio Service in a sentence

• The only assets of the FCC License Subsidiary consist of all of the FCC licenses used in transmitting the XM Radio Service.

• Notwithstanding the foregoing, at any time when the Obligors have two primary satellites in orbit and fully functioning, the Obligors shall not be obligated to obtain insurance pursuant to this paragraph (a) with respect to the launch of any satellite that the Obligors do not intend to use as a replacement for one of the two primary satellites used by them to provide the XM Radio Service.

• Notwithstanding the foregoing, at any time when the Company has two primary satellites in orbit and fully functioning, the Company shall not be obligated to obtain insurance pursuant to this paragraph (a) with respect to the launch of any satellite that the Company does not intend to use as a replacement for one of the two primary satellites used by it to provide the XM Radio Service.

• Notwithstanding the foregoing, at any time when the Company has two primary satellites in-orbit and fully functioning, the Company shall not be obligated to obtain insurance pursuant to this paragraph (a) with respect to the launch of any satellite that the Company does not intend to use as a replacement for one of the satellites used by the Company to provide the XM Radio Service.