Company: SGBAF
Filing Date: 2025-04-29
Form Type: F-4
Source: 0001193125-25-103898
Chunk: 609

Company: SES S.A.
Filing Date: 2025-04-29
Form: F-4
Chunk 609
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iring the clearing of Applicable Spectrum (an “”) or (b) the consummation of an Applicable Transfer, in each case, whether occurring prior to or after the date hereof and that directly results in the receipt
by the CVR Issuer or any of its Affiliates on or after the date hereof and prior to the Outside Date of cash consideration for the final clearance or transfer of Applicable Spectrum (including with respect to governmental relocation payments or
private negotiations); , , that in no event shall (i) any (x) Regulatory Concession (as defined in the Purchase Agreement) or (y) a Change of Control of the CVR Issuer be deemed a Qualified Monetization or
(ii) the C-Band Order (as defined in the Purchase Agreement) constitute an Applicable Order.

“” has the meaning set forth in the Preamble or its successor or assigns.

“” means the United States Securities and Exchange Commission, or any other federal agency at the time administering the
Securities Act or the Exchange Act.

“” means the Securities Act of 1933, as amended.

“” means, with respect to any Person, any Entity (a) of which 50% or more of the outstanding share capital,
voting securities or other voting equity interests are owned, directly or indirectly, by such Person, (b) of which such Person is entitled to elect, directly or indirectly, at least 50% of the board of directors (or managers) or similar
governing body of such Entity or (c) if such Entity is a limited partnership or limited liability company, of which such Person or one of its Subsidiaries is a general partner or managing member or has the power to direct the policies,
management or affairs of such Entity.

“” means all taxes, duties, assessments, levies, imposts, and any other charges
of a similar nature (including interest, penalties, additions to tax, and other liabilities with respect thereto), however denominated, that are imposed by any Governmental Authority.

“” means any liability for cash Taxes of any kind imposed on or with respect to the CVR Issuer or any of its
Affiliates to the extent attributable to the receipt of any Gross Proceeds, determined on a “with and without” basis with respect to any amount of Gross Proceeds received by the CVR Issuer or any of its Affiliates, treating any Gross
Proceeds received as the last item realized in