Olinda Star definition
Examples of Olinda Star in a sentence
SCHEDULE 1 – FILING ENTITIES • Constellation Oil Services Holding S.A. • AlphaStar Equities Ltd (In Provisional Liquidation) • Lone Star Offshore Ltd (In Provisional Liquidation) • Gold Star Ltd (In Provisional Liquidation) • Olinda Star Ltd (In Provisional Liquidation) • Constellation Overseas Ltd (In Provisional Liquidation) • Star International Drilling Ltd.
In addition, in accordance with Section 4.19 of the Indenture, Olinda Star, shall, within 45 days of the occurrence of the Springing Security Deadline for Olinda Star, cause the Collateral Trustee (for the benefit of the Trustee, the Holders and any other applicable Secured Party) to have valid and perfected first-priority Liens on the Springing Collateral, subject to Permitted Liens, of Olinda Star.
Notwithstanding this Section 10.05(b), if Olinda Star is no longer prevented by applicable law or by any agreement to which it is a party from guaranteeing the Notes, the Company will promptly cause Olinda Star to provide a Note Guarantee in accordance with Section 10.05(a) hereof.
No Underlying Tranche shall be separated or transferred without its corresponding counterpart Underlying Tranches in each Note; provided that the principal amount of Underlying Tranches in each Note may be separately reduced in connection with any Excess Cash Flow Redemption, Olinda Star Disposition Redemption, FPSO Disposition Redemption, Optional Redemption or Amortization Payment Amount made in accordance with the terms of the Indenture.
For the avoidance of doubt, any increase or decrease in the principal amount of an Underlying Tranche, as a result of any increase in PIK Interest or any payment made in connection with any Excess Cash Flow Redemption, Olinda Star Disposition Redemption, FPSO Disposition Redemption, Optional Redemption, Amortization Payment Amount, or otherwise, will result in a corresponding increase or decrease in the principal amount represented by the Notes.
On or before the Springing Security Deadline, the Company and Olinda Star shall cause the Collateral Trustee (for the benefit of the Trustee, the Holders and any other applicable Secured Party) to have valid and perfected Liens on the Springing Olinda Collateral, subject to the Tranche 2/3/4 Intercreditor Agreement.
To: [Name of Facility Agent] This Transfer Certificate relates to the Project Loan Agreement dated 13 February 2008 between, among others, Olinda Star Ltd.
Costs of insuring the Building and the Common Portions against fire, earthquake, etc.
Within 45 days of the occurrence of the Springing Security Deadline for Olinda Star, the Company and Olinda Star shall cause the Collateral Trustee (for the benefit of the Trustee, the Holders and any other applicable Secured Party) to have valid and perfected fourth-priority Liens on the Springing Collateral, the Notes in accordance with the terms of the Intercreditor Agreement.