Drillship definition
Drillship means any drillship (or the stock or indebtedness of any Subsidiary owning a drillship) that the Company leases or owns, either entirely or in part; provided that no drillship that has a gross book value of less than 1% of the Company’s Consolidated Net Tangible Assets will be deemed to be a “Drillship” for purposes of Section 4.03 hereof.
Drillship means each of (a) the Bahamian flag vessels the Platinum Explorer, the Titanium Explorer (formerly known as the Dragonquest) and the Tungsten Explorer and (b) any other drillship hereafter acquired by any Loan Party.
Drillship means each of the 6th generation SHI S10000 ultra deepwater drillships listed in Schedule 2 (Guarantors and Drillships) each of which is owned by the respective Borrower as set out therein as at the time of the respective delivery from the Yard.
Examples of Drillship in a sentence
This payment is made in connection with the delivery instalment which will become payable by Drillship Kithira Owners Inc.
To: Deutsche Bank Luxembourg S.A. as Facility Agent From: Drillship Kithira Owners Inc.
To: Deutsche Bank Luxembourg S.A. as Facility Agent From: Drillship Skopelos Owners Inc.
This payment is made in connection with the delivery instalment which will become payable by Drillship Skopelos Owners Inc.
Representations and warranties relating to a Drillship and a Borrower in its capacity as Drillship owner will be applicable from or in connection with the delivery of the relevant Drillship.
More Definitions of Drillship
Drillship means the ultra-deepwater drillship known as Hull No. 2063 and to be named "Ocean Rig Apollo" and to be acquired by the Drillship Owner.
Drillship. “Collateral Rig” or “Rig”;
Drillship means the shipshape self-propelled offshore drilling vessel described in Exhibit "A" hereto, together with all of her machinery and equipment, including without limitation all marine, drilling and production equipment, drill string, risers, blowout prevention equipment, spare and repair parts, inventory, whether located on the vessel or on shore, belonging to the vessel (excluding, however, equipment to be leased from third parties).
Drillship means each of the six ultra-deepwater drillships the Pacific Bora (IMO 9465447), the Pacific Mistral (IMO 9496159), the Pacific Scirocco (IMO 9499905), the Pacific Santa ▇▇▇ (IMO 9499917), the Pacific Khamsin (hull no. 2014) and the Pacific Sharav (hull no. 2015).
Drillship means a ship that has a hull and is fitted with a drilling rig so that it is capable of drilling in deep water; ( navire de forage )
Drillship means any drillship (or the stock or indebtedness of any Subsidiary owning a drillship) that the Company or any Subsidiary thereof leases or owns, either entirely or in part; provided that no drillship that has a gross book value of less than 1% of Consolidated Net Tangible Assets will be deemed to be a “Drillship” for purposes of this definition.
Drillship means the Vessel together with the OFE. ---------