Company: SGBAF
Filing Date: 2025-01-17
Form Type: DRS/A
Source: 0000950123-25-000378
Chunk: 456

Company: SES S.A.
Filing Date: 2025-01-17
Form: DRS/A
Chunk 456
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brance pursuant to the Indiana Notes Indenture (unless (i) the obligations under the Indiana Notes and the Indiana Notes Indenture have been fully satisfied and discharged or (ii) an Investment Grade Event (as defined in the Indiana Notes Indenture) with respect to the Indiana Notes actually occurs on the Closing Date pursuant to Section 5.9(d)) or created by Saturn or any of its Affiliates) and (ii) Indiana shall sell, transfer and deliver, and Saturn shall purchase from Indiana, all of the right, title and interest thereof in and to the Transferred Assets, free and clear of any Encumbrance other than Permitted Encumbrances or any Encumbrancepursuant to the Indiana Notes Indenture (unless (i) the obligations under the Indiana Notes and the Indiana Notes Indenture have been fully satisfied and discharged or (ii) an Investment Grade Event (as defined in the Indiana Notes Indenture) with respect to the Indiana Notes actually occurs on the Closing Date pursuant to Section 5.9(d)) or created by Saturn or any of its Affiliates and (b) as part of the Transaction Consideration, Saturn hereby assumes and agrees to pay, perform and fulfill all of the Assumed Liabilities (the “ Liabilities Assumption” and, the transactions contemplated by the foregoing clauses (a)and (b), collectively, the “ Acquisition”). Section 2.2 Closing. The closing of the Acquisition (the “ Closing”) shall take place at the offices of Gibson, Dunn & Crutcher LLP, 200 Park Avenue, New York, NY, at 8:00 a.m., New York City time, on the fourth Business Day following the satisfaction or, to the extent permitted by applicable Law, the waiver of all conditions to the obligations of each Party to consummate the Acquisition set forth in Article VI(other than those conditions that by their nature are to be satisfied at the Closing or on the Closing Date, but subject to the satisfaction or waiver of such conditions), or at such other place or at such other time or on such other date as the Parties mutually may agree in writing; providedthat the Closing may occur remotely via electronic exchange of required Closing documentation in lieu of an in-personClosing, and the Parties shall cooperate in connection therewith. The day on which the Closing takes place is referred to as the “ Closing Date.” Section 2.3 Certain Closing Deliveries. (a) At the Closing, Indiana shall deliver to Saturn