Satellite Acceptance. Acceptance of the SATMEX 8 Satellite by Purchaser shall occur finally and irrevocably for all purposes hereunder upon the earlier to occur of: (i) the Handover Date (as defined in Article 10.2. below); or (ii) the instant immediately prior to an event on or after [***] resulting in the Total Loss of the SATMEX 8 Satellite (or the SATMEX 8 Satellite being reasonably determined to be a Total Loss.
Appears in 2 contracts
Sources: Contract (Satelites Mexicanos Sa De Cv), Contract (Satelites Mexicanos Sa De Cv)