Company: SGBAF
Filing Date: 2025-04-29
Form Type: F-4
Source: 0001193125-25-103898
Chunk: 507

Company: SES S.A.
Filing Date: 2025-04-29
Form: F-4
Chunk 507
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) Indiana has good and valid title to or a valid leasehold interest to all of the Transferred Assets, free and clear of any Encumbrance
(other than Permitted Encumbrances). The delivery to Saturn of the Bill of Sale pursuant to this Agreement will transfer to Saturn good and valid title or a valid leasehold interest in all of the Transferred Assets, free and clear of any Encumbrance
(other than Permitted Encumbrances or any Encumbrances created by Saturn).

(b) Except as would not, individually or in the aggregate,
reasonably be expected to have an Indiana Material Adverse Effect and, in each case, other than the Transferred Assets, Holdings and its Subsidiaries own, and have good and valid title to or hold a valid leasehold interest in, all tangible assets
used or held for use in their respective businesses as currently conducted, including all of the tangible assets reflected on the Indiana Balance Sheet or acquired in the ordinary course of business since the date of the Indiana Balance Sheet,
except those sold or otherwise disposed of for fair value since the date of the Indiana Balance Sheet in the ordinary course of business consistent with past practice. None of the tangible assets owned or leased by Indiana or any of its Subsidiaries
is subject to any Encumbrance, other than any Permitted Encumbrance.

(c) (i) The tangible Transferred Assets and (ii) all
material tangible assets owned or leased by Holdings or its Subsidiaries are in good operating condition and repair in all material respects (ordinary wear and tear excepted) and are adequate in all material respects for the uses to which they are
being put.

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(d) No representation or warranty is being made in this
with respect to any Indiana Satellite, such items being the subject of .

Section 3.14 .

(a) of the Indiana Disclosure Schedules sets forth, as of the date hereof,
true and complete health status information for all Indiana Satellites and in a form agreed between the Parties (the “”), and its projections with respect to fuel or design life expectations developed
in the ordinary course of operations of each of such Indiana Satellite (collectively, the “”), in each case, as of the date hereof. As of the date hereof, the Indiana Satellite Health Data, taken
collectively as to all Indiana Satellites, is accurate and complete in all material respects and presents a fair depiction of the health and operational status of such