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.