Other Rigs definition
Examples of Other Rigs in a sentence
With respect to hull and machinery/increased value insurance, including war risk, the Owner shall insure the Rig and keep her insured, or cause the Rig to be insured, for an amount which is at least the full commercial value of the Rig, and when such amount is aggregated with the amount of such insurance coverage on the Other Rigs, such aggregate amount shall be at least 110% of the Total Commitment.
With respect to hull and machinery/increased value insurance, including war risk, the Owner shall insure the Rig and keep her insured, or cause the Rig to be insured, for an amount which is at least the agreed value of the Rig, and when such amount is aggregated with the total amount of such insurance coverage on the Other Rigs, such aggregate amount shall be at least 110% of the aggregate amount of the Total Commitment.
As of this date, Transocean’s fleet included 32 High-Specification semisubmersibles and drillships, 23 Other Floaters, 25 Jackup Rigs and 9 Other Rigs.
As of this date, Transocean’s fleet included 32 High Specification semisubmersibles and drillships, 23 Other Floaters, 25 Jackup Rigs and 9 Other Rigs.
With respect to hull and machinery/ increased value insurance, including war risk, the Owner shall insure the Rig and keep her insured, or cause the Rig to be insured, for an amount which is at least the full commercial value of the Rig, and when such amount is aggregated with the amount of such insurance coverage on the Other Rigs, such aggregate amount shall be at least 110% of the Total Commitment.