conditions, limits, restricts, diminishes, transfers or terminates such right shall be deemed to constitute a Right of Others.
S&P means Standard & Poors Ratings Services, a Standard & Poors Financial
Services LLC business, and any successor to its rating agency business.
Sale and Lease-Back
Transaction means any arrangement providing for the leasing back to the Borrower or any of its Restricted Subsidiaries of any real or tangible personal property, which property has been or is to be sold or transferred by the Borrower or
such Restricted Subsidiary to a third Person in contemplation of such leasing.
means, at any time, a country or territory with which dealings are broadly restricted, prohibited, or made sanctionable under any Sanctions (as of the date of this Agreement, the Donetsk Peoples Republic, the
so-called Luhansk Peoples Republic, the Crimea, Zaporizhzhia and Kherson Regions of Ukraine, Cuba, Iran, North Korea and Syria).
Sanctions means economic sanctions administered or enforced by the United States Government (including
without limitation, sanctions enforced by the United States Department of Treasurys Office of Foreign Assets Control), the United Nations Security Council, the European Union, any European Union member state in which the Borrower or a
Restricted Subsidiary is organized, located or operates, or His Majestys Treasury of the United Kingdom.
Satellite means any satellite owned by or leased to the Borrower or any of its Subsidiaries (whether now
owned or hereafter acquired) and any satellite purchased by Borrower or any of its Subsidiaries pursuant to the terms of a satellite purchase agreement with the prime contractor and manufacturer of such Satellite relating to the manufacture, testing
and delivery of such satellite, whether such satellite is in the process of manufacture, has been delivered for launch or is in orbit (whether or not in operational service), and whether such satellite has been acquired or purchased for use by
Borrower and its Subsidiaries, for resale to a third party or otherwise.
Satellite Activities means
any of the following: (a) designing, developing, procuring, constructing, managing, launching, testing, operating, insuring and commercializing one or more Satellites; (b) procuring, leasing, managing and operating capacity, bandwidth,
beams, transponders or threads or other rights of use on one or more satellites; (c) designing, developing, procuring, constructing, manufacturing, managing, testing, operating, maintaining, insuring, leasing and commercializing gateway
facilities, earth stations and other ground infrastructure (including user terminals and hub equipment) for satellites; (d) procuring, making, holding and maintaining licenses, authorizations, approvals, permits, filings, registrations,
consents, agreements and other instruments with respect to any of the foregoing and any payments associated therewith; and (e) pursuing such other lawful business activities as may be related, ancillary or complementary to any of the foregoing
or a reasonable extension or expansion thereof.
Scheduled Unavailability Date has the meaning set
forth in Section 2.13.
SEC means the Securities and Exchange Commission or
any Governmental Authority succeeding to any of its principal functions.
Second Commitment has the
meaning assigned to such term in Section 6.04(b)(ii).
Second Lien Intercreditor
Agreement means an intercreditor agreement substantially on the terms set forth in Exhibit F among the Collateral Agent and one or more Senior Representatives for