Company: SGBAF
Filing Date: 2025-04-01
Form Type: DRS/A
Source: 0000950123-25-003272
Chunk: 470

Company: SES S.A.
Filing Date: 2025-04-01
Form: DRS/A
Chunk 470
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 (other than the Transaction Expenses and any Assumed Severance Obligations); that
this clause (a) shall not cause any Liability for Taxes to be treated as Excluded Liabilities; (b) the Indiana Shareholders’ Agreement; (c) the Warrant Agreements; (d) the Legacy CVR Agreements; (e) the Liquidation,
including (1) all Liquidation Expenses incurred from and after the Closing, (2) Indiana’s obligation to distribute applicable assets to the holders of Indiana Equity Securities in the Liquidation and (3) any Action by any holder
of Indiana Equity Securities arising from or related to the amount or allocation of the Closing Cash Consideration or the CVR Consideration that is distributed to the holders of Indiana Equity Securities in the Liquidation (in each case, excluding
Saturn’s administrative obligations under ); (f) any Taxes imposed on Indiana, other than Taxes imposed on Indiana for a taxable period (or portion thereof) ending on or before the Closing Date; or
(g) any liability arising from or related to the Excluded Assets (other than any such liability that constitutes Transaction Expenses).

“” means Inre Intelsat S.A. et al., No.20-32299(Bankr. E.D. Va.) or any related litigation (including any appeals).

“” means the U.S. Federal Communications Commission.

“” means the requisite Consent of the FCC to permit the assignment or transfer of control from Indiana to Saturn
of any FCC Licenses granted to Indiana or any of its Subsidiaries.

“” means, with respect to Indiana, all
material licenses, approvals, consents, registrations, market access grants or other authorizations issued by the FCC and held by Indiana or any of its Subsidiaries as of the date hereof.

“” means all applicable Laws relating to or otherwise providing a Governmental Authority with the
ability or authority to review, impose limitations on, prohibit or otherwise take action with respect to foreign investments that could impact, among other things, national security or public order.

“” means an actual and deliberate misrepresentation by a Party in the making of a representation or warranty expressly
stated in or , as applicable; that Fraud shall only be deemed to exist if, at the time such representation or warranty was made, (a) such representation
or warranty was materially inaccurate, (b) the Party making such representation or warranty had (i) actual knowledge (as opposed to imputed, implied or constructive knowledge