Seadrill Capricorn Holdings definition

Seadrill Capricorn Holdings has the meaning set forth in the opening paragraph of this Agreement.
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Seadrill Capricorn Holdings means Seadrill Capricorn Holdings LLC, a limited liability company formed under the laws of the Republic of the Xxxxxxxx Islands with registration number 962179.
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Seadrill Capricorn Holdings has the meaning set forth in the opening paragraph of this Agreement. “Seadrill Capricorn Holdings Operating Agreement” has the meaning set forth in Section 6.1(e). “Seadrill Gulf Sirius” has the meaning set forth in the Recitals of this Agreement.
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Examples of Seadrill Capricorn Holdings 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.

  • 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.

  • NSNCo A second new intermediate holding company, NSNCo, to be put in place as a direct wholly-owned subsidiary of IHCo. The Company’s interests in SDLP, Seadrill Capricorn Holdings LLC and Seadrill Operating LP to be moved down to sit below new individual holding companies put in place as direct wholly-owned subsidiaries of NSNCo. Other assets to be moved under NSNCo as set out in the New Secured Notes Term Sheet set out in Annex 4 to Exhibit A of the RSA (the “New Secured Notes Term Sheet”).

  • 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.

  • The Company shall contribute to Seadrill Capricorn Holdings a 36.0809% ownership interest in Seadrill Hungary, in exchange for units in Seadrill Capricorn Holdings.

Related to Seadrill Capricorn Holdings

  • 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).

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

  • Foreign Holding Company means any Domestic Subsidiary substantially all of the assets of which consist of Equity Interests and/or Indebtedness of one or more Foreign Subsidiaries or other Foreign Holding Companies.

  • Topco has the meaning set forth in the Preamble.

  • Direct holdings means all publicly traded securities of a company that are held directly by the state treasurer or a retirement system in an actively managed account or fund in which the retirement system owns all shares or interests.

  • SAP Parent means SAP SE, a European Company (Societas Europaea, SE) established under the laws of Germany and the European Union, registered with the commercial register of the local court of Mannheim, Germany, under HRB 719915, with registered office in Walldorf, Germany, and business address at Dietmar-Hopp-Allee 16, 69190 Walldorf, Germany.

  • Holdco has the meaning set forth in the Preamble.

  • lone parent means a person who has no partner and who is responsible for and a member of the same household as a child or young person;

  • Acquisition Subsidiary shall have the meaning ascribed to it in the preamble hereto.

  • Holdings has the meaning specified in the introductory paragraph to this Agreement.

  • OpCo has the meaning set forth in the Preamble.

  • New Parent shall have the meaning assigned to such term in the definition of the term “Change in Control”.

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

  • MLP has the meaning given such term in the introduction to this Agreement.

  • Parent means a "parent corporation," whether now or hereafter existing, as defined in Section 424(e) of the Code.

  • CFC Holding Company means a Subsidiary, substantially all of the assets of which consist of Equity Interests or Indebtedness of (a) one or more CFCs or (b) one or more CFC Holding Companies.

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

  • Newco has the meaning set forth in the first paragraph of this Agreement.

  • AIG means American International Group, Inc.

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

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Mutual holding company means that term as defined in section 10(o) of the home owners' loan act, chapter 64, titles III and IX of Public Law 101-73, 12 U.S.C. 1467a, and OTS regulations governing mutual holding companies.

  • Ultimate Parent means a Company, which owns not less than fifty-one percent (51%) equity either directly or indirectly in the Parent and Affiliates.

  • Acquisition Sub shall have the meaning set forth in the Preamble.

  • CGS means the Connecticut General Statutes.

  • Intermediate Holding Company means any Subsidiary of Holdings (of which Holdings, directly or indirectly, owns 100% of the issued and outstanding Equity Interests) that, directly or indirectly, owns 100% of the issued and outstanding Equity Interests of the Lead Borrower.