NEW SHARE CHARGE. 12.1 As consideration for Lender agreeing to provide the Loan to the Borrower, OPCO agrees to provide the New Share Charge as security for the Secured Obligations.
Appears in 5 contracts
Samples: Contribution, Purchase and Sale Agreement, Loan Agreement, Loan Agreement (Seadrill Partners LLC)
NEW SHARE CHARGE. 12.1 As consideration for Lender agreeing to provide the Loan to the BorrowerRestructuring, OPCO agrees to provide the New Share Charge as security for the Secured Obligations.
Appears in 3 contracts
Samples: Contribution, Purchase and Sale Agreement, Loan Agreement, Loan Agreement (Seadrill Partners LLC)
NEW SHARE CHARGE. 12.1 As consideration for Lender agreeing to provide (i) the Loan to the BorrowerBorrower and (i) the OPCO Loan to OPCO, OPCO agrees to provide the New Share Charge as security for the Secured Obligations.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement (Seadrill Partners LLC)
NEW SHARE CHARGE. 12.1 (a) As consideration for Lender agreeing to provide the Loan to the Borrower, OPCO agrees to provide the New Share Charge as security for the Secured Obligations.
Appears in 1 contract
