Multi-Client Data definition
Multi-Client Data means seismic data surveys acquired by the Company or its Subsidiaries for its multi-client seismic data library.
Multi-Client Data means any rights (including ownership or licensing) to seismic data surveys worldwide (other than Brazil) and related data collected, compiled, derived, analyzed or acquired by or on behalf of Borrower or any of its Subsidiaries for its multi-client seismic data library or otherwise incorporated or included in such data library whether now existing or hereafter acquired or created.
Examples of Multi-Client Data in a sentence
At all times on and after the Closing Date, the MCD Subsidiary shall own all Multi-Client Data, including any Multi-Client Data created after the Closing Date.
Company and its Subsidiaries shall not permit, as of the last day of any Fiscal Quarter in which Consolidated EBITDA (measured for the immediately preceding four Fiscal Quarter Period) does not exceed the aggregate principal amount of Loans outstanding at such time, the net book value of the Multi-Client Data to be less than the aggregate principal amount of Loans outstanding at such time.