Rig Owners definition

Rig Owners means the Rig A Owner and the Rig B Owner, and “Rig Owner” means either of them;
Rig Owners means any Restricted Subsidiary of the Company owning a Collateral Vessel. “S&P” means Standard & Poor’s Financial Services LLC, or any of its successors or assigns that is a Nationally Recognized Statistical Rating Organization. “Sale and Leaseback Transaction” means any direct or indirect arrangement relating to Property now owned or hereafter acquired whereby the Company or a Restricted Subsidiary transfers that Property to another Person (other than the Company or a Restricted Subsidiary) and the Company or a Restricted Subsidiary leases it from that other Person together with any Refinancings thereof. “SEC” means the U.S. Securities and Exchange Commission. “Secured Parties” means the parties referred to under the definition ofSecured Party” in the Intercreditor Agreement. “Securities Act” means the U.S. Securities Act of 1933, as amended, or any successor statute, and the rules and regulations promulgated by the SEC thereunder. “Securitization Subsidiary” means a Subsidiary of the Company: (a) that is designated a “Securitization Subsidiary” by an Officer of the Company, (b) that does not engage in any activities other than Permitted Receivables Financings and any activity necessary, incidental or related thereto, (c) no portion of the Debt or any other obligation, contingent or otherwise, of which:
Rig Owners means each Issue Date Rig Owner and Future Rig Owner.

Examples of Rig Owners in a sentence

  • As a result, APA and TOTAL chose to complete drilling operations apa and total cease keskesi well drilling in offshore surinameThe Association of Water Well Drilling Rig Owners & Practitioners (AWDROP) otherwise known as the Nigerian Borehole Drillers Association has alerted the government of water scarcity and possible economic hardship may lead to water scarcity, health issues — borehole drillersGuyana Water Incorporated was possible with the drilling of another well.

  • One day later, a Mexican federal judge denied the seizure as baseless (the “Federal Seizure Denial”).394 The federal judge determined that the Singapore Rig Owners had failed to provide any evidence that the Mexican Trust or any of the bank accounts of the Mexican Trust or Perforadora were in any way related to, or held proceeds of, any criminal conduct.

  • Each Rig Owner is responsible for maintenance of each Rig that it owns but Rig Owners typically do not have the capability to perform the necessary maintenance.

  • The Borrower shall, and shall cause the Rig Owners, to maintain the flag and vessel or ship registry in an Acceptable Flag Jurisdiction with respect to the Collateral Rigs, except for (i) any such transfers or changes otherwise permitted by this Agreement and (ii) any such transfers or changes consented to in writing by the Administrative Agent (such consent not to be unreasonably withheld, delayed or conditioned).

  • A total of six responses were received, from the UK Chamber of Shipping (the main representative body for United Kingdom shipowners), the Law Society of Scotland, Oil and Gas UK, the British Rig Owners Association, Bluewater Energy Services and, the Department of Agriculture Environment and Rural Affairs (DAERA) Northern Ireland.

  • On October 8, 2017, Perforadora informed the Concurso Court that Pemex had attempted to terminate the Oro Negro Contracts and that the Singapore Rig Owners had attempted to terminate the Bareboat Charters (see infra ¶¶ 124, 138).226119.

  • Should the provider fail to provide the substitute supplies forthwith, the purchaser may, without giving the provider further opportunity to substitute the rejected supplies, purchase suchsupplies as may be necessary at the expense of the provider.8.8The provisions of clauses 8.4 to 8.7 shall not prejudice the right of the purchaser to cancel the contract on account of a breach of the conditions thereof, or to act in terms of Clause 23 of GCC.

  • Attached as Exhibit C-15 is the complaint (the “Improper Representation Complaint”); Izunza Expert Report, CER-2, ¶ 26.the Singapore Rig Owners authorizing Jesús Guerra (“Attorney Guerra”), a Mexican attorney, to file for restructuring on their behalf.397234.

  • The fact that a director is appointed to the board as a representative of the Council does not diminish these.

  • Eastern Bank will NEVER ask you for any private information (such as account numbers, passwords, PINs, social security numbers, etc.) for any of our products through an unsolicited Internet email.


More Definitions of Rig Owners

Rig Owners means each of Rig Owner 1, Rig Owner 2, Rig Owner 3 and Rig Owner 4.

Related to Rig Owners

  • Co-owners means (a) all the allottees of Units in the Project excepting those who (i) have either not been delivered possession of any Unit or (ii) have not got the conveyance deed in respect of any Unit to be executed and registered in their favour; and (b) for all Units which are not alienated by execution of deed of conveyance or whose possession are not parted with by the Owner/Promoter, shall mean the respective Owner and/or Promoter;

  • The Owners means the party identified in Box 3;

  • Unit Owners shall according to the context, mean all purchasers and/or intending purchasers of different Flats / apartments / Units in the Buildings and shall also include the Builder in respect of such Flats / apartments / Units which are retained and/or not alienated and/or not agreed to be alienated for the time being by the Vendors and/or the Builder.

  • Qualifying Owners means GIP and its Subsidiaries.

  • Existing Owner means (a) with respect to and for the purpose of dealing with the Auction Agent in connection with an Auction, a Person who is a Broker-Dealer listed in the Existing Owner Registry at the close of business on the Business Day immediately preceding the Auction Date for such Auction and (b) with respect to and for the purpose of dealing with the Broker-Dealer in connection with an Auction, a Person who is a beneficial owner of Auction Rate Notes.

  • Managing Owner as used only in this Section 4.7 shall include, in addition to the Managing Owner, any other Covered Person performing services on behalf of the Trust and acting within the scope of the Managing Owner’s authority as set forth in this Trust Agreement.

  • Owners means the party identified in Box 2.

  • Beneficial Owners means Persons who Beneficially Own the referenced securities.

  • DTC Participants means participants within DTC.

  • Co-owner means a Person who owns an Ownership Interest and a Co-Owner of a Series means a Person who owns an Ownership Interest of the Series.

  • The Manager The Borrower" and "Certain Legal Aspects of the Mortgage Loan," and such sections (and any other sections reasonably requested) do not contain any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading, (B) indemnifying Lender (and for purposes of this Section 9.2, Lender hereunder shall include its officers and directors) or any Affiliate of Lender ("Lehman") that has filed the registration statement relating to the xxxxxxtization (the "Registration Statement"), each of its directors, each of its officers who have signed the Registration Statement and each Person or entity who controls the Affiliate within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the "Lehman Group"), and Lehman, each of its directors and each Person wxx xxxtrols Lehman wxxxxx the meaning of Section 15 of the Securities Act and Sxxxxxx 20 of the Exchange Act (collectively, the "Underwriter Group") for any losses, claims, damages or liabilities (collectively, the "Liabilities") to which Lender, the Lehman Group or the Underwriter Group may become subject insofar as xxx Xiabilities arise out of or are based upon any untrue statement or alleged untrue statement of any material fact contained in such sections or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated in such sections or necessary in order to make the statements in such sections or in light of the circumstances under which they were made, not misleading and (C) agreeing to reimburse Lender, the Lehman Group and the Underwriter Group for any legal or other expenxxx xxasonably incurred by Lender and Lehman in connection with investigating or defending the Liabilitiex; xxxvided, however, that Borrower will be liable in any such case under clauses (B) or (C) above only to the extent that any such loss claim, damage or liability arises out of or is based upon any such untrue statement or omission made therein in reliance upon and in conformity with information furnished to Lender by or on behalf of Borrower in connection with the preparation of the memorandum or prospectus or in connection with the underwriting of the debt, including, without limitation, financial statements of Borrower, operating statements, rent rolls, environmental site assessment reports and property condition reports with respect to the Property. This indemnity agreement will be in addition to any liability which Borrower may otherwise have. Moreover, the indemnification provided for in Clauses (B) and (C) above shall be effective whether or not an indemnification certificate described in (A) above is provided and shall be applicable based on information previously provided by Borrower or its Affiliates if Borrower does not provide the indemnification certificate.

  • The Owner/Company/BPCL means the Bharat Petroleum Corporation Limited, incorporated in India having its registered office at 4 & 6, Currimbhoy Road, Ballard Estate, Mumbai - 400 038 or their successors or assigns

  • Liquidating Trustee has the meaning set forth in Section 6.2(a).

  • Contract Owner means the holder of interests in a variable annuity or variable life insurance contract issued by the Company.

  • Majority Participants means the Holder(s) of more than 50% of the Outstanding VMTP Shares.

  • Owner’s Representative has the meaning given in Section 2.2.

  • Continuing ownership interest means ownership of or entitlement to more than twenty five per cent of shares or capital or profits of the company;

  • Controlling ownership interest means ownership of or entitlement to more than twenty-five percent of shares or capital or profits of the company;

  • Majority Members means Members holding a majority of the Units owned by all Members or if there is only one Member, such Member.

  • Working interest owner means a person or the estate of a person who owns an interest in oil and/or gas in the unit area by virtue of a lease, operating agreement, fee title, or otherwise, including a carried interest, the owner of which is obligated to pay, either in cash or out of production or otherwise a portion of the unit expense. “Working interest owner” does not include an unleased mineral owner.

  • Administrative Trustees shall have the meaning set forth in the Trust Agreement.

  • Administrative Trustee means each of the Persons identified as an “Administrative Trustee” in the preamble to this Trust Agreement, solely in each such Person’s capacity as Administrative Trustee of the Trust and not in such Person’s individual capacity, or any successor Administrative Trustee appointed as herein provided.

  • Direct Participants means each person shown in the records of the Clearing Systems as a holder of the Securities;

  • Controlling ownership interested means ownership of or entitlement to more than twenty five percent of shares or capital or profits of the Company;

  • IRA Owner – Means the individual whose name appears on the Adoption Agreement, who is establishing the IRA.