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Ocean Rig definition

Ocean Rig means Ocean Rig UDW Inc. a corporation incorporated in the Republic of the Xxxxxxxx Islands whose registered office is at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, the Xxxxxxxx Islands.
Ocean Rig means Ocean Rig UDW Inc. a corporation incorporated in the Republic of the Marshall Islands whose registered office is at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, the Marshall Islands.
Ocean Rig means Ocean Rig UDW Inc. (previously named Primelead Shareholders Inc.) a corporation incorporated in the Xxxxxxxx Islands with its registered address at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Xxxxxxxx Xxxxxxx XX 00000. Ocean Rig Guarantee means the guarantee and indemnity from Ocean Rig dated on or about the date of the Amendment and Restatement Agreement, and in form and substance satisfactory to the Security Trustee (acting on the instructions of all of the Lenders), pursuant to which Ocean Rig guarantees and indemnifies the Finance Parties in respect of the obligations of the Owner under the Finance Documents during the Pre-Completion Period and the Post-Completion Period.

Examples of Ocean Rig in a sentence

  • If Ocean Rig at any time on or after the Closing Date subdivides (by any share split, share dividend, recapitalization or otherwise) one or more classes of its outstanding Ocean Rig Shares into a greater number of shares, the Exchange Price in effect immediately prior to such subdivision will be proportionately reduced.

  • If Ocean Rig at any time on or after the Closing Date combines (by combination, reverse share split or otherwise) one or more classes of its outstanding Ocean Rig Shares into a smaller number of shares, the Exchange Price in effect immediately prior to such combination will be proportionately increased.

  • Therefore, better to plan meals so that they do not interfere with meetings.

  • Subject to compliance with any restrictions set forth in the ABN AMRO Facility Agreement, this Note shall be exchangeable into Ocean Rig Shares on the terms and conditions set forth in this Section 12.

  • Ocean Rig Cayman Management Services SEZC Limited 3rd Floor Flagship Building Harbour Drive, Grand Cayman Cayman Islands KY1-1003 Attention: Xxxxxx Xxxxxx Email: xx@xxxxx-xxx.xxx with a copy to: Xxxxxx & Xxxxxx LLP Xxx Xxxxxxx Xxxx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxxx X.

  • The Borrower shall pay any and all transfer, stamp and similar taxes that may be payable with respect to the issuance and delivery of Ocean Rig Shares pursuant to this Note.

  • The Group The Schemes concerned four companies in the Group - Ocean Rig UDW Inc (in provisional liquidation) (“UDW”, being the Group’s parent company) and three of its subsidiaries, Drill Rigs Holdings Inc (in provisional liquidation) (“DRH”), Drillships Financing Holding Inc (in provisional liquidation) (“DFH”) and Drillships Ocean Ventures Inc (in provisional liquidation) (“DOV”, and together with UDW, DRH and DFH, the “Scheme Companies”).

  • The Administrative Agent and the Collateral Agent under the DOV Credit Agreement was notified on February 6, 2017 to direct all notices for UDW and DOV to the registered office of the Ocean Rig SEZ Co. in the Cayman Islands.

  • In order to ensure timely delivery of Rig No. 2 under this revised estimate, Irving Shipbuilding and Ocean Rig recently entered into an amendment to the building contract which established specific milestones which the Halifax Yard must achieve in order to receive its bonus.

  • See In re Ocean Rig UDW Inc., 570 B.R. at 698 (citing Drawbridge Special Opportunities FundLP v.

Related to Ocean Rig

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

  • Ocean marine insurance means insurance against loss of or damage to:

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

  • Oil sands means impregnated bituminous sands that:

  • CGS means the Connecticut General Statutes.

  • Natural gas company ’ means a person engaged in the transportation of natural gas in interstate commerce, or the sale in inter- state commerce of such gas for resale.

  • Coastal vessel means any vessel exclusively employed in trading between any port or place in India to any other port or place in India having a valid coastal license issued by the competent authority.

  • PASA means the Packers and Xxxxxxxxx Xxx, 0000 and all regulations promulgated thereunder, as amended from time to time.

  • Minibus means any motor vehicle having a seating capacity of not less than seven nor more than

  • 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

  • Public vessel ’ means a vessel owned or bareboat chartered and operated by the United States, by a State or political subdivision thereof, or by a foreign nation, except when such vessel is engaged in commerce;

  • Railway means the President of the Republic of India or the Administrative Officers of the Railway or Successor Railway authorized to deal with any matters, which these presents are concerned on his behalf.

  • 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.

  • Electric power generator means an entity that proposes to

  • Philippines means the Republic of the Philippines and when used in a geographical sense means the national territory comprising the Republic of the Philippines;

  • DG means Distributed Generation.

  • Commercial vessel means any vessel not owned and operated by the United States military or the United States Coast Guard.

  • ASA means the Auction Settlement Amount (or Cash Settlement Amount, as the case may be) determined under the Credit Default Swap Transaction;

  • Crown means the government of the United Kingdom (including the Northern Ireland Assembly and Executive Committee, the Scottish Executive and the National Assembly for Wales), including, but not limited to, government ministers and government departments and particular bodies, persons, commissions or agencies from time to time carrying out functions on its behalf;

  • USDOT means the United States Department of Transportation.

  • We/Us/Our means TATA AIG General Insurance Company Limited.

  • Ocean transportation means any transportation aboard a ship, vessel, boat, barge, or ferry through international waters.

  • LNG means liquefied natural gas.

  • Electric power supplier means a person or entity that is duly

  • mean high water springs or “MHWS” means the highest level which spring tides reach on average over a period of time;

  • Black People is a generic term which means Africans, Coloureds and Indians;