Company: SGBAF
Filing Date: 2025-05-15
Form Type: 424B3
Source: 0001193125-25-120606
Chunk: 531

Company: SES S.A.
Filing Date: 2025-05-15
Form: 424B3
Chunk 531
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) the winding down and dissolution of dormant Subsidiaries in the ordinary course of business consistent with past practice);

(ix) (A) incur any Indebtedness or make any loans or advances to any Person (other than a Subsidiary thereof);
(B) amend, waive, modify or consent to the termination of any Material Indebtedness Contract, other than expirations of any such Material Indebtedness Contract in accordance with its terms, or amend, waive, modify or consent to the termination
of any of Indiana’s or such Subsidiary’s material rights thereunder, as applicable or (C) enter into any Contract that, if existing as of the date hereof, would be a Material Indebtedness Contract;

(x) other than in the ordinary course of business, (A) amend, waive, modify or consent to the termination of any Indiana
Material Contract, other than expirations of any such Indiana Material Contract in accordance with its terms, or amend, waive, modify or consent to the termination of any of Indiana’s or such Subsidiary’s material rights thereunder, as
applicable or (B) enter into any Contract that, if existing as of the date hereof, would be an Indiana Material Contract, except (I) solely with respect to any Contract described in , for any
such Contract that is otherwise expressly permitted to be entered into pursuant to or or (II) solely with respect to any Contract described in
, for any such Contract that is in connection with any capital expenditure permitted under ; that such amendment does not result in a Contract
that, if existing as of the date hereof, would be subject to ; , , that this shall not apply to Material Indebtedness Contracts,
which are subject to ;

(xi) other than in the ordinary course of business or
as expressly contemplated by this Agreement, decommission, re-orbit or dispose of any Indiana Satellite(s) with an aggregate value exceeding $50,000,000, other than in the case of (A) a commercial
transaction or (B) operational circumstances, such as necessitated by a major failure, compliance with international standards, a demand by a Governmental Authority requiring immediate action, or a similar requirement beyond Indiana’s
control; that, in each case, except for operational circumstances necessitated by a major failure or similar requirement beyond Indiana’s or such Subsidiary’s control, prior authorization from the applicable Governmental
Authority is obtained for such decommission,