Rig definition

Rig means the vessel described in Recital (A) hereto and includes any share or interest therein and her engines, machinery, boats, tackle, outfit, spare gear, fuel, consumable or other stores, belongings and appurtenances whether on board or ashore and whether now owned or hereafter acquired (but excluding therefrom any leased equipment owned by third parties);

Rig means any mobile offshore drilling unit (including without limitation any jack-up rig, semi-submersible rig, drillship, and barge rig).

Rig means, collectively, offshore drilling rigs, including, semisubmersibles, drillships, xxxx-ups, semisubmersible tender assist vessels and submersible rigs, owned by the Borrower and/or any Subsidiary of the Borrower, and, individually, any of such rigs.

Examples of Rig in a sentence

• Contractor shall be wholly responsible for complete Security of their personnel, their Rig packages, Base Camp, operation, transit etc.

• Motor home and Big Rig on-board “quiet” generators are exempt (Venue manager will determine if the generator is considered “quiet”).

• Jack-up; SS=Semisubmersible; DS=Drillship; 15K=15,000 PSI Well-Control System; DP=Dynamically Positioned Rig; IC=Independent-Leg Cantilevered Rig.

• Persons above 60 years age also shall not be deployed excepting Rig Manager/Rig Superintendent.

• If any Other Mortgaged Rig or the Capital Stock of a Subsidiary Guarantor then owning an Other Mortgaged Rig is sold in compliance with the terms of the Indenture, the Company shall apply funds equal to the applicable Other Loan secured by the Other Mortgaged Rig outstanding on the Sale Date for such Other Mortgaged Rig, together with all accrued and unsecured interest (including Special Interest, if any, and Additional Amounts, if any) thereon, to the payment of such Other Loan.

More Definitions of Rig

Rig means any drilling rig or drillship that TINC or any of its Subsidiaries leases or owns, either entirely or in part.

Rig means the semi-submersible drilling rig West Capricorn, to be delivered from Jurong Shipyard Pte Ltd of 00 Xxxxxxx Xxxxx Xxxx, Singapore 628054 (the “Yard”) between December 2011 and January 2012 and listed i Schedule 2 (Guarantors and Rig).

Rig means each of the collateral rigs listed in Schedule 2 (Guarantors and Collateral Rigs) each of which is owned by the respective Rig Owner as set out therein.

Rig shall have the meaning provided in the first paragraph of this Mortgage and shall include any share or interest in such vessel and shall include such vessel's engines, machinery, boats, tackle, outfit, spare gear, fuel, consumable or other stores, belongings and appurtenances whether on board or ashore and whether now owned or hereafter acquired (but excluding therefrom any leased equipment owned by third parties unaffiliated with the Owner);

Rig means any land-based drilling and workover rig owned by any Loan Party, together with all Rig Accessories that are installed on or affixed to such Rig.

Rig means any rig owned by a Guarantor (excluding Holdings) or its Subsidiaries, whether or not such rig is contracted under a valid and enforceable Drilling Contract at such time of determination.

Rig means any one of them as the context requires;