[Code of Federal Regulations] [Title 15, Volume 3] [Revised as of January 1, 2003] From the U.S. Government Printing Office via GPO Access [CITE: 15CFR960.9] [Page 296-297] TITLE 15--COMMERCE AND FOREIGN TRADE CHAPTER IX--NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION, DEPARTMENT OF COMMERCE PART 960--LICENSING OF PRIVATE REMOTE SENSING SYSTEMS--Table of Contents Subpart B--Licenses Sec. 960.9 License term. (a) Each license for operation of a system shall be valid for the operational lifetime of the system or until the Secretary determines that the licensee is not in compliance with the requirements of the Act, the regulations issued pursuant to the Act, the terms and conditions of the license, or that the licensee's activities or system operations are not consistent with the national security, foreign policy and international obligations of the United States. [[Page 297]] (b) The licensee shall notify the Assistant Administrator within seven (7) days of financial insolvency, dissolution, the demise of its system or of its decision to discontinue system operation. Upon notification, the Assistant Administrator will terminate the license. However, termination will not affect the obligations of the licensee with regard to provisions in its license, requiring the licensee to: (1) Provide data to the Archive for the basic data set; (2) Make data available to the Archive that the licensee intends to purge from its holdings; (3) Make data available to a sensed state; and (4) Restrict acquisition and dissemination of imagery as imposed by the license or by the Secretary of Commerce; and (5) Manage the re-entry segment, including but not limited to, the disposal of the system.