Rig 2 definition

Rig 2 means the Rig described as such in Schedule 2 (Borrowers, Guarantors and Collateral Rigs).
Sample 1Sample 2
Rig 2 means the offshore jack-up Keppel FELS Mod V-B drilling rig identified as Hull No. B338 with the Yard named "La Covadonga" and delivered to the Rig 2 Owner on 28 November 2013.
Sample 1
Rig 2 means the KFELS Mod V-B jack-up rig named “Laurus” with IMO number 9623893 and held by Rig Owner 2.
Sample 1

Examples of Rig 2 in a sentence

  • Newbuild super - spec rigs estimated to cost $30+ million with 9+ month lead times Adjusted Enterprise Value / Active Rig (2) ($ in millions) Significant Potential Value Uplift 1) Source: Capital IQ, public filings and Enverus.

  • VIN# 1T95SD2319A5322499 10 Rig 2 Workover rig: Xxxxxx 550, year 2009 Serial # RA532489, 104 Mast-250K lb pull.

  • AOD Facility Agreement The US$360,000,000 senior secured credit facility agreement originally dated 9 April 2013 between, amongst others, Asia Offshore Rig 1 Limited, Asia Offshore Rig 2 Limited and Asia Offshore Rig 3 Limited as borrowers and ABN AMRO Bank N.V. as agent.

  • Newbuild super - spec rigs estimated to cost $25+ million with 9+ month lead times Adjusted Enterprise Value / Active Rig (2) ($ in millions) Significant Potential Value Uplift 1) Source: Capital IQ, public filings and Enverus.

  • Buyer shall take possession of Rig #2 in Lea County, New Mexico upon the completion of Rig #2's drilling project in Lea County, New Mexico, for [add name of Operator] which shall be no later than January 15, 2006 (the "Delivery Date").

  • For the purposes of this Section 1.05, Purchaser's "good faith estimate" shall be based on an appraisal carried out prior to Closing (unless otherwise agreed between the Parties) by DeHaxx, Xxpkxxx & Xodrxxxxx, xx Houston, Texas, of all work required to be performed on Rig 1 and Rig 2, respectively, and shall be conclusive, absent manifest error.

  • The Xxxxxx-Xxxxxxxx XX-800 drilling rig known as Remco Rig 2 and related equipment, including a 10,000 foot drill string, will, at Closing, be sold to Xxxxxx X.

  • Rig #2 shall be sold and transferred "AS IS, WHERE IS, WITH ALL FAULTS AND WITH NO WARRANTIES EXPRESSED OR IMPLIED, AS TO RIG #2'S CONDITION, MAINTENANCE REQUIREMENTS, MERCHANTABILITY, OR SUITABILITY FOR BUYER'S INTENDED USES".

  • Principal payments made after the Rig 2 Delivery Date may not be reborrowed.

  • Assignor has the right to purchase a Xxxxxx 75 drilling rig known as the Permian Drilling Corporation Rig #2 from Permian Drilling Corporation, a New Mexico corporation (the "Seller"), pursuant to the terms and conditions of that certain Assets Purchase Agreement dated December 19, 2005 (the "Purchase Agreement"), by and between the Seller and the Purchaser.


More Definitions of Rig 2

Rig 2 means the Xxxxx Marine Pacific Class 375 ultra-premium jackup drilling rig hull number P2017, including the related machinery, equipment and gear, including without limitation any OFE.
Sample 1

Related to Rig 2

  • Cyberbullying means any form of communication by electronic act that is sent with the purpose to:

  • Panchayat means an institution (by whatever name called) of self-government constituted under article 243B, for the rural areas;

  • Bullying means any severe or pervasive physical or verbal act or conduct, including communications made in writing or by means of an electronic act, and including one or more acts committed by a pupil or group of pupils as defined in Section 48900.2, 48900.3, or 48900.4, directed toward one or more pupils that has or can be reasonably predicted to have the effect of one or more of the following:

  • LTD means NMC Healthcare Limited (in administration);

  • €STR means, in respect of any TARGET Business Day, the interest rate representing the wholesale Euro unsecured overnight borrowing costs of banks located in the Euro area provided by the European Central Bank as administrator of such rate (or any successor administrator) and published on the Website of the European Central Bank (as defined below) at or before 9:00 a.m. (Frankfurt time) (or, in case a revised euro short-term rate is published as provided in Article 4 subsection 3 of the ECB €STR Guideline at or before 11:00 a.m. (Frankfurt time), such revised interest rate) on the TARGET Business Day immediately following such TARGET Business Day;

  • Sailboat means the same as that term is defined in Section 73-18-2.

  • BW means the Dutch Civil Code (Burgerlijk Wetboek);

  • IST means Indian Standard Time.

  • Roentgen means the special unit of exposure. One roentgen (R) equals 2.58 × 10-4 coulombs/kilogram of air (see “Exposure” and 38.4(4)).

  • Cyber-bullying means bullying through the use of technology or any electronic communication, which shall include, but shall not be limited to, any transfer of signs, signals, writing, images, sounds, data or intelligence of any nature transmitted in whole or in part by a:

  • Authorised Signatory means, in relation to any Obligor, any person who is duly authorised and in respect of whom the Administrative Agent has received a certificate signed by a director or another Authorised Signatory of such Obligor setting out the name and signature of such person and confirming such person’s authority to act.

  • PIR means Problem Identification Report.

  • Seaplane means an aeroplane capable normally of taking off from and alighting solely on water;

  • SID means the supplementary information document of which these Terms form part;

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

  • Motorboat means the same as that term is defined in Section 73-18-2.

  • Cueing means giving verbal, audio, or visual clues during an activity to help an individual complete the activity without hands-on assistance.

  • Cold Weather Alert means the notice that PJM provides to PJM Members, Transmission Owners, resource owners and operators, customers, and regulators to prepare personnel and facilities for expected extreme cold weather conditions.

  • Catechumen means a member of the catechumenate of a Catholic Church. This will normally be evidenced by a certificate of reception into the order of catechumens.

  • SA means the booklet that describes the Health Care Coverage provided to Enrolled Members. The Subscriber Agreement(s) applicable to the initial Rating Period are listed in Section III.

  • Motorway means a road specially designed and built for motor traffic, which does not serve properties bordering on it, and which:

  • NCLT means the Hon’ble National Company Law Tribunal, Kolkata Bench;

  • €STRi means the €STR reference rate for:

  • Watcher means a voting poll watcher, a counting poll watcher, an inspecting

  • Authorised Signatories means any two authorised officers of the Issuer signing jointly.

  • MFET Limited means the company limited by guarantee (number 7121661) of that name, established for the purpose in particular of making payments in accordance with arrangements made with the Secretary of State to persons who have acquired HIV as a result of treatment by the NHS with blood or blood products;