Seadrill Capricorn definition

Seadrill Capricorn shall have the meaning assigned to such term in the opening paragraph of this Agreement.
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Seadrill Capricorn means Seadrill Capricorn Holdings LLC, a limited liability company, being 49 % owned by the Parent and 51 % owned by Seadrill Partners, incorporated under the laws of Xxxxxxxx Islands with registration number 962179.
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Seadrill Capricorn means Seadrill Capricorn Ltd., a limited liability company incorporated under the laws of England with organisation number [—].
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Examples of Seadrill Capricorn in a sentence

  • Seadrill Capricorn Holdings will issue 1,000 of its units to the Company in exchange for this contribution.

  • The proportions of the equity interests contributed to Seadrill Capricorn Holdings by each of Seadrill and the Company under Section 2.7 are such that, following those contributions and the contribution of IPO proceeds described in Section 3.4(c) by the Company to Seadrill Capricorn Holdings, Seadrill and the Company, respectively, will own 49% and 51% limited liability company interests in Seadrill Capricorn Holdings.

  • In consideration for the capital contributions by Seadrill and the Company to Seadrill Capricorn Holdings described in this Section 2.7, Seadrill Capricorn Holdings will issue 4,900 of its units to Seadrill and 4,100 of its units to the Company (additional units will be issued to the Company as set forth in Section 3.4(c)).

  • An instrument in writing by the Company, Seadrill Operating and Seadrill Capricorn Holdings, on the one hand, or Seadrill and Seadrill Americas, on the other hand, may waive compliance by the other with any term or provision of this Agreement that such other Party was or is obligated to comply with or perform.

  • Each of the Company, Seadrill Operating, Seadrill Capricorn and Seadrill Sirius hereby declares that the appointment hereby made and the powers hereby granted are coupled with an interest and are and shall be irrevocable and perpetual and shall not be terminated by any act of the Company, Seadrill Operating, Seadrill Capricorn and Seadrill Sirius or their successors or assigns or by operation of law.

  • Seadrill shall sell and transfer to the Capricorn Holdings, and Capricorn Holdings shall purchase from Seadrill, 100% of the ownership interests in Seadrill Auriga Hungary, in exchange for (i) $677,244,444 in cash and (ii) the issuance by Seadrill Capricorn Holdings to Seadrill of the Capricorn Note (collectively, the “West Auriga Purchase Price”).

  • In exchange for the contributions in Section 2.4 and Section 2.7, Seadrill Capricorn Holdings shall issue 4,900 units to Seadrill.

  • Contractor employees may be required to work overtime as required.

  • In exchange for the contributions in Section 2.4 and Section 2.8, Seadrill Capricorn Holdings shall issue 5,100 units to the Company.

  • For the avoidance of doubt, the restrictions on Financial Indebtedness in Clause 23.15 (a) shall not apply to Seadrill Capricorn, unless it becomes or accedes to the position of a Borrower or an Intra-Group Charterer.


More Definitions of Seadrill Capricorn

Seadrill Capricorn shall have the meaning assigned to such term in the opening paragraph of this Agreement. “Seadrill Operating” shall have the meaning assigned to such term in the opening paragraph of this Agreement. “Seadrill Partners Operating” shall have the meaning assigned to such term in the opening paragraph of this Agreement.
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Related to Seadrill Capricorn

  • CPET means the UK Government’s Central Point of Expertise on Timber.

  • HK Company shall have the meaning ascribed to it in the preamble of this Agreement.

  • DGS&D means Directorate General of Supplies and Disposals

  • Natural parent means a minor's biological or adoptive parent, and includes the minor's noncustodial parent.

  • ACPE means the Accreditation Council for Pharmacy Education.

  • CGS means the Connecticut General Statutes.

  • Brookfield Group means Brookfield and any Affiliates of Brookfield, other than any member of the BREP Group;

  • AIG means American International Group, Inc.

  • Mauritius means the Republic of Mauritius and includes: (i) all the territories and islands which, in accordance with the laws of Mauritius, constitute the State of Mauritius; (ii) the territorial sea of Mauritius; and (iii) any area outside the territorial sea of Mauritius which in accordance with international law has been or may hereafter be designated, under the laws of Mauritius, as an area, including the Continental Shelf, within which the rights of Mauritius with respect to the sea, the sea-bed and sub-soil and their natural resources may be exercised;

  • IMS has the meaning set forth in Section 6.5.4(i).

  • DG means Distributed Generation.

  • Nominee Company means a corporate body registered or having an established place of business in England and Wales which holds title to property for another;

  • SCM means Supply Chain Management.

  • Parent Holding Company means any direct or indirect parent entity of Holdings which holds directly or indirectly 100% of the Equity Interest of Holdings and which does not hold Capital Stock in any other Person (except for any other Parent Holding Company).

  • SBS means the New York City Department of Small Business Services.

  • SDS means safety data sheets;

  • Overseas Shareholders holders of Scheme Shares who are resident in, ordinarily resident in, or citizens of, jurisdictions outside the United Kingdom;

  • Fully Diluted Company Shares means the total number of issued and outstanding shares of Company Common Stock, (a) after giving effect to the Company Preferred Stock or otherwise treating shares of Company Preferred Stock on an as-converted to Company Common Stock basis, and (b) treating all outstanding in-the-money Specified Company Warrants as fully vested and as if the Specified Company Warrants had been exercised for cash as of the Effective Time, but for the avoidance of doubt excluding any Company Securities described in Section 1.11(b).

  • Minimum Holding means the minimum number or value of Shares which must be held by Shareholders as specified in the relevant Supplement.

  • Transportation Company means any organization which provides its own or its leased vehicles for transportation or which provides freight forwarding or air express services.

  • Natural gas company ’ means a person engaged in the transportation of natural gas in interstate commerce, or the sale in inter- state commerce of such gas for resale.

  • CCMA means the Commission for Conciliation, Mediation and Arbitration established in terms of section 112 of the Labour Relations Act, 1995;

  • BTCo means Bankers Trust Company, in its individual capacity, and any successor corporation thereto by merger, consolidation or otherwise.

  • snippet shall have the meaning set out at Recital A;","hash":"813a6ffb30076cb349f66a8364b0fb3a","id":6},{"size":1,"snippetLinks":[{"key":"meaning","type":"clause","offset":[8,15]},{"key":"set","type":"clause","offset":[16,19]},{"key":"the-recitals","type":"clause","offset": [29,41]}],"samples":[{"uri":"/contracts/jhwMa33a02i#assignment-letter","label":"License and Supply Agreement (Vivus Inc)","score":21}],"snippet":"has the meaning set forth in the Recitals.","hash":"8147307746bce1e7e7ce0d9d9441a89a","id":7},{"size":1,"snippetLinks":[{"key":"the-particulars","type":"clause","offset":[6,21]},{"key":"assignment- to","type":"clause","offset":[29,42]},{"key":"performed-by","type":"clause","offset":[46,58]},{"key":"associate","type":"clause","offset":[63,72]}],"samples":[{"uri":"/contracts/kaNWrTtfjki#assignment-letter","label":"Agreement and Terms of Business","score":21}],"snippet":"means the particulars of the Assignment to be performed by the Associate.","hash":"bd75f1727aae028050aeece2ac32060a","id":8},{"size":1,"snippetLinks":[{"key":"that-certain","type":"definition","offset":[6,18]},{"key":"assignment","type":"clause","offset":[19,29]},{"key":"side-letter","type":"clause","offset":[30,41]},{"key":"dated-as-of","type":"definition","offset":[43,54]},{"key":"date- hereof","type":"clause","offset":[59,70]},{"key":"borrower","type":"clause","offset":[78,86]},{"key":"administrative-agent-and-lenders","type":"clause","offset":[88,120]}],"samples":[{"uri":"/contracts/84rXUsuvT9Q#assignment-letter","label":"Financing Agreement (TherapeuticsMD, Inc.)","score":21}],"snippet":"means that certain Assignment Side Letter, dated as of the date hereof, among Borrower, Administrative Agent and Lenders.","hash":"542ac5f8004066ce75a5a5108ba840c2","id":9}],"nextCurs":""}} id=pagination-first-page> , known to be the person(s) who executed the previous instrument.

  • Shell Company means an issuer that meets the description defined under Rule 144. In addition, so long as Lender owns, legally or beneficially, any securities of Borrower, Borrower shall, at its sole expense:

  • Company Equity Plan means any management equity or stock option or ownership plan or any other management or employee benefit plan of the Company or any Subsidiary of the Company.