Examples of Olinda Star in a sentence
Chapter 15 Debtors Alpha Star, Gold Star, Olinda Star, Lone Star, and Star Int’l are the offshore rig owners (“Offshore Rig Owner Debtors”).
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.
The Brazilian Court of Appeals determined that Olinda Star should be removed from the Brazilian RJ Proceeding.
Constellation Overseas is the sole owner of Lone Star, Gold Star, Olinda Star, Snover, and Alpha Star.
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.
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.
These facts were sufficient for the court to conclude that as of the date of the filing of the second petition, the BVI-located JPLs managed Olinda Star for the purposes of the COMI determination.The court engaged in a similar analysis with respect to the location of Olinda Star’s assets.
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.
Karoon will continue its drilling campaign with the rig Olinda Star, adding two wells in the Santos Basin (evaluation well Kangaroo 2 and exploration well Kangaroo West-1), and having the option of two extra wells.
But the lack of a short-midterm revenue prospect, support from local authorities, and the difficulties that the cultivators faced in adjusting their agricultural routines to ICT solutions have led them to abandon agricultural activities.