Drilling Contracts definition

Drilling Contracts has the meaning specified in Section 2.1(e)(i).
Drilling Contracts means any contractual arrangement with respect to the Vessel providing for the use or employment of the Vessel for the locating of, drilling for, development of, extraction of or processing of Crude Oil, Natural Gas or mineral deposits found in underwater locations, and activities ancillary thereto.
Drilling Contracts means, collectively, the Xxxx Xxx Drilling Contract and the West Sirius Drilling Contracts.

Examples of Drilling Contracts in a sentence

  • To the knowledge of Buyer, no condition or circumstance exists that would prevent the obtainment of any necessary consents to the effective assignment to and assumption by Buyer of the Drilling Contracts or Other Contracts.

  • All the Drilling Contracts and Other Contracts are valid, binding and in full force and effect against Seller, and, to Seller's knowledge, are valid, binding and in full force and effect against the other parties thereto.

  • For the avoidance of doubt, this Agreement shall not supersede Drilling Contracts subject to Section 4 hereof prior to the completion of the applicable current assignment.

  • After Completion, NADL shall procure that no relevant member of the Sale Group terminates any of the Onshore Drilling Contracts before the expiry of its term other than in accordance with the terms of the relevant Onshore Drilling Contract (subject to proper performance by the relevant members of the Retained Group).

  • Terms not otherwise defined in this Agreement shall have the meaning given to same in the Drilling Contracts.


More Definitions of Drilling Contracts

Drilling Contracts means any charter for the Drilling Rig and any daywork, footage, turnkey, and other drilling contracts of Seller associated with the Drilling Rig, as listed on Schedule 1.1.
Drilling Contracts means the Offshore Drilling Contracts and the Onshore Drilling Contracts;
Drilling Contracts has the meaning specified in paragraph (d) of the definition of Assets.
Drilling Contracts means the drilling Contracts with respect to the Purchased Assets set forth in Section 1.1(vv)(ii) of the Seller Disclosure Schedule as updated pursuant to Section 5.13.
Drilling Contracts. As defined in Section 1.02(A)(8)(a)(i).
Drilling Contracts means the daywork, footage, turnkey and other drilling contracts of Vendor associated with the Rigs, as listed on Schedule "E" hereto;
Drilling Contracts means the Emerald Driller Contract, the Aquamarine Driller Contract and the Sapphire Driller Contract (and "Drilling Contract" means any of them).