Common use of Simultaneous Failure -- Priority with Respect to the Use of Transponder Spares Clause in Contracts

Simultaneous Failure -- Priority with Respect to the Use of Transponder Spares. If Transponders of more than one Owner simultaneously suffer a Confirmed Failure, then, to the extent technically feasible, the Lessee Transponders shall have priority over the Transponders of [***] Filed separately with the Commission pursuant to a request for confidential treatment. other Owners as to the use of a Transponder Spare. In the event that one or more Lessee Transponders simultaneously suffer a Confirmed Failure, then such Lessee Transponders shall have priority amongst themselves as to the use of Transponder Spares according to the list set forth in Exhibit C (provided, however, that Lessee shall have the right at any time from time to time, by written notice to PanAmSat, to change the priorities between and among any of the Lessee Transponders), to the extent technically feasible. As used in this Section 9.02, the term "simultaneously" shall be deemed to mean occurring within any 24-hour period.

Appears in 1 contract

Sources: Transponder Lease Agreement (Panamsat Corp /New/)

Simultaneous Failure -- Priority with Respect to the Use of Transponder Spares. If Transponders of more than one Owner simultaneously suffer a Confirmed Failure, then, to the extent technically feasible, the Lessee Transponders shall have priority over the Transponders of [***] Filed separately with the Commission pursuant to a request for confidential treatment. other Owners as to the use of a Transponder Spare. In the event that one or more Lessee Transponders simultaneously suffer a Confirmed Failure, then such Lessee Transponders shall have priority amongst themselves as to the use of Transponder Spares according to the list set forth in Exhibit C C, shall have priority as to the use of Transponder Spares (provided, however, that Lessee shall have the right at any time from time to time, by written notice to PanAmSat, to change the priorities between and among any of the Lessee Transponders), to the extent technically feasible. As used in this Section 9.02, the term "simultaneously" shall be deemed to mean occurring within any 24-hour period.

Appears in 1 contract

Sources: Transponder Lease Agreement (Panamsat Corp /New/)