Maersk Drilling definition

Maersk Drilling has the meaning set forth in the recitals hereto.
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Maersk Drilling means The Drilling Company of 1972 A/S, a Danish public limited liability company.
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Maersk Drilling has the meaning set forth in the Recitals.
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Examples of Maersk Drilling in a sentence

  • Lyngby (immediate parent company)Other related partiesThe Board of Directors and the Executive Management of the entities listed above with a controlling interest in Maersk Drilling International A/S including their close relatives and undertakings under their significant influence, are also considered related parties.

  • Your information about Marian Catholic School came from : (please tick) Marian SchoolAgencyFriend or RelativeIn the event of any dispute, New Zealand Law and the jurisdiction of New Zealand Courts will apply.

  • Mr. Hemmingsen beneficially owned 5,424 Maersk Drilling Shares immediately prior to the Exchange Offer and tendered all of such Maersk Drilling Shares in the Exchange Offer.

  • Mr. Larsen beneficially owned 1,169 Maersk Drilling Shares immediately prior to the Exchange Offer and tendered all of such Maersk Drilling Shares in the Exchange Offer.

  • Lyngby (initial parent company preparing consolidated financial statements)• Maersk Drilling A/S, Lyngby Hovedgade 85, DK-2800 Kgs.

  • However, as required by IFRS, Maersk Drilling did not distinguish between operating leases and finance leases and accounted for all leases recorded on the balance sheets similarly to finance leases under U.S. GAAP.

  • Upon the completion of the Exchange Offer on October 3, 2022, Mr. Larsen received 1,886 Ordinary Shares in exchange for his Maersk Drilling Shares.

  • Maersk Drilling recorded depreciation on all right-of-use assets and interest expense on all lease liabilities, while a straight-line operating expense is presented for operating leases under U.S. GAAP.

  • Maersk Drilling does not have capital commitments related to new buildings.

  • During the second quarter of 2021, Maersk Drilling completed the divestment of the jack-up rigs Maersk Guardian (now named Guardian) and Mærsk Gallant (now named Gallant) to New Fortress Energy.


More Definitions of Maersk Drilling

Maersk Drilling means The Drilling Company of 1972 A/S, a public company registered in Denmark under file number 40404716, whose registered office is at Lyngby Xxxxxxxxx 00, Xxxxxxx Xxxxxx 0000, Xxxxxxx;
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Maersk Drilling means the Company.
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Maersk Drilling means The Drilling Company of 1972 A/S, a Danish public limited liability company. “Maersk Drilling Facilities Agreements” means the Syndicated Facilities Agreement and the DSF Facility
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Related to Maersk Drilling

  • drilling means the act of boring a hole to reach a proposed bottom hole location through which oil or gas may be produced if encountered in paying quantities, and includes redrilling, sidetracking, deepening, or other means necessary to reach the proposed bottom hole location, testing, logging, plugging, and other operations necessary and incidental to the actual boring of the hole;

  • Drywell means an unlined or partially lined underground pit (regardless of geometry) into which drainage from roofs, basement floors, water softeners or other non-wastewater sources is discharged and from which the liquid seeps into the surrounding soil.

  • Sailboat means the same as that term is defined in Section 73-18-2.

  • LHSIA means the Local Health System Integration Act, 2006, and the regulations made under it, as it and they may be amended from time to time;

  • garden waste means organic waste which emanates from gardening or landscaping activities at residential, business or industrial premises including but not limited to grass cuttings, leaves, branches, and includes any biodegradable material and excludes waste products of animal origin and bulky waste;

  • borehole means a hole sunk into the earth for the purpose of locating, abstracting or using subterranean water and includes a spring;

  • Stopover means a scheduled stop on your journey, at a point between the place of departure and the place of destination.

  • Hookah means a water pipe and any associated products and devices which are used to produce fumes, smoke, and/or vapor from the burning of material including, but not limited to, tobacco, shisha, or other plant matter.

  • Transportation Company means any organization which provides its own or its leased vehicles for transportation or which provides freight forwarding or air express services.

  • Anchorage means the Municipality of Anchorage.

  • Production company means a person or entity engaged in the business of making motion picture, television, or radio images for theatrical, commercial, advertising, or education purposes; Reserved

  • Waterbody means any accumulation of water, surface or underground, natural or artificial, including rivers, streams, creeks, ditches, swales, lakes, ponds, marshes, wetlands, and ground water. The term does not include any storage or treatment structures.

  • Waterway means any body of water.

  • Cropland means land used for the production of adapted crops for harvest, alone or in a rotation with grasses and legumes, and includes row crops, small grain crops, hay crops, nursery crops, orchard crops, and other similar specialty crops.

  • SWDocID [[6027980]]" "" [[6027980]] on the date that such L/C Disbursement is made, if the Borrower shall have received notice of such L/C Disbursement prior to 10:00 a.m., New York City time, on such date, or, if such notice has not been received by the Borrower prior to such time on such date, then not later than 12:00 p.m., New York City time, on the Business Day immediately following the day that the Borrower receives such notice, if such notice is not received prior to such time on the day of receipt; provided that the Borrower may, subject to the conditions to borrowing set forth herein, request in accordance with Section 2.03 or 2.04 that such payment be financed with an ABR Revolving Facility Borrowing, a Swingline Borrowing, a Term SOFR Revolving Facility Borrowing or, if applicable pursuant to Section 2.14, a Daily Simple SOFR Revolving Facility Borrowing in the amount of such L/C Disbursement and, to the extent so financed, the Borrower’s obligation to make such payment shall be discharged and replaced by the resulting ABR Revolving Facility Borrowing, Swingline Borrowing, Term SOFR Revolving Facility Borrowing or Daily Simple SOFR Revolving Facility Borrowing, as applicable. If the Borrower fails to reimburse any L/C Disbursement when due, then the Administrative Agent shall promptly notify the Issuing Bank and each other Revolving Facility Lender of the applicable L/C Disbursement, the payment then due from the Borrower and, in the case of a Revolving Facility Lender, such Xxxxxx’s Revolving Facility Percentage thereof. Promptly following receipt of such notice, each Revolving Facility Lender shall pay to the Administrative Agent in Dollars, its Revolving Facility Percentage of the payment then due from the Borrower, in the same manner as provided in Section 2.06 with respect to Loans made by such Lender (and Section 2.06 shall apply, mutatis mutandis, to the payment obligations of the Revolving Facility Lenders), and the Administrative Agent shall promptly pay to the Issuing Bank in Dollars, the amounts so received by it from the Revolving Facility Lenders. Promptly following receipt by the Administrative Agent of any payment from the Borrower pursuant to this paragraph, the Administrative Agent shall distribute such payment to the Issuing Bank or, to the extent that Revolving Facility Lenders have made payments pursuant to this paragraph to reimburse the Issuing Bank, then to such Lenders and the Issuing Bank as their interests may appear. Any payment made by a Revolving Facility Lender pursuant to this paragraph to reimburse the Issuing Bank for any L/C Disbursement (other than the funding of an ABR Revolving Facility Borrowing, a Swingline Borrowing, a Term SOFR Revolving Facility Borrowing or a Daily Simple SOFR Revolving Facility Borrowing as contemplated above) shall not constitute a Loan and shall not relieve the Borrower of its obligation to reimburse such L/C Disbursement.

  • Panchayat means an institution (by whatever name called) of self-government constituted under article 243B, for the rural areas;

  • Junkyard means an establishment or place of business which is maintained, operated or used for storing, keeping, buying or selling junk, or for the maintenance or operation of an automobile graveyard, including garbage dumps and sanitary fills.

  • Gasification means the substoichiometric oxidation or steam reformation of a substance to produce a gaseous mixture containing two or more of the following: (i) oxides of carbon; (ii) methane; and (iii) hydrogen;

  • L.S.D. means lysergic acid diethylamide.

  • CBM means Capacity Benefit Margin.

  • Brewery means a commercial enterprise at a single location producing more than fifty thousand (50,000) barrels per year of malt beverage;

  • foreshore , in relation to a port, means the area between the high-water mark and the low-water mark relating to that port;

  • Onshore means all facilities except those that are located in the territorial seas or on the outer continental shelf.

  • Waterworks or “water system” means all structures, conduits and appurtenances by means of which water is delivered to consumers except piping and fixtures inside buildings served, and service pipes from building to street main.

  • CPN is a Common Channel Interoffice Signaling ("CCIS") parameter which refers to the number transmitted through a network identifying the calling party.

  • oil tanker means a ship constructed or adapted primarily to carry oil in bulk in its cargo spaces and includes combination carriers and any “chemical tanker” as defined in Annex II of the present Convention when it is carrying a cargo or part cargo of oil in bulk.