Seadrill Entity definition

Seadrill Entity means, collectively, Seadrill and each of its direct and indirect wholly- and partially-owned subsidiaries.
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Seadrill Entity means (i) Seadrill Limited or (ii) any successor of Seadrill Limited or any entity, in each case, to which all or substantially all of Seadrill Limited’s assets are directly or indirectly transferred in connection with the restructuring of Seadrill Limited (whereafter Seadrill Limited shall no longer constitute a Seadrill Entity).
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Seadrill Entity means Seadrill Limited, any successor of Seadrill Limited or any entity in each case to which all or substantially all of Seadrill Limited’s assets are directly or indirectly transferred in connection with the restructuring of Seadrill Limited (whereafter Seadrill Limited shall no longer constitute a Seadrill Entity).
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Examples of Seadrill Entity in a sentence

  • The Company shall, not later than the 10th calendar day following receipt of such notice, notify Seadrill if it or any other Company Group Member wishes to acquire any Five-Year Drilling Rig forming part of that business or package of assets in cooperation and simultaneously with the Seadrill Entity acquiring the Non-Five-Year Drilling Rigs forming part of that business or package of assets.

  • The Seadrill Entities hereby grant the Company a right of first offer on any proposed Transfer of any (i) Five-Year Drilling Rigs owned or acquired by any Seadrill Entity after the Closing Date, and (ii) partnership interests in Operating LP or limited liability company interests in Holdings LLC (in each case, “OPCO Equity Interests”) by Seadrill.

  • A company (being a wholly owned Subsidiary of the Seadrill Entity) shall perform management services in respect of the Drilling Unit and neither a material change nor any other adverse change (having an adverse effect on the Finance Parties’ rights and/or obligations under the Finance Documents) to such existing management arrangements shall be made without the prior written consent of the Agent (such consent not to be unreasonably withheld or delayed).

  • The Company shall, not later than the 10th calendar day following receipt of such notice, notify Seadrill if it or any other Company Group Member wishes to acquire any Five- Year Drilling Rig forming part of that business or package of assets in cooperation and simultaneously with the Seadrill Entity acquiring the Non-Five-Year Drilling Rigs forming part of that business or package of assets.

  • A company (being a wholly owned Subsidiary of the Seadrill Entity or the Parent) shall perform management services in respect of the Rigs, and no material change or any adverse change (having an adverse effect on the Finance Parties rights and/or obligations under the Finance Documents) shall be made to such existing management arrangements without the prior written consent of the Agent (such consent not to be unreasonably withheld or delayed).

  • If any Seadrill Entity or its Affiliates engages in the ownership or operation of Five-Year Drilling Rigs pursuant to any of the exceptions described in Section 2.2, the Seadrill Entity and its Affiliates may not subsequently expand that portion of their business other than pursuant to the exceptions contained in such Section 2.

  • No relationship, direct or indirect, exists between or among any Seadrill Entity, on the one hand, and the directors, officers, stockholders, affiliates, customers or suppliers of any Seadrill Entity, on the other hand, that is required to be described in the Disclosure Package or the Prospectus but is not so described.

  • There are no contracts, arrangements or understandings between any Seadrill Entity and any person that would give rise to a valid claim against any Seadrill Entity or any Underwriter for a brokerage commission, finder’s fee or other like payment in connection with the offering of the Units.

  • For a period of five years after the later of the Closing Date and any settlement date, the Company will use its reasonable best efforts to ensure that no Seadrill Entity, or any subsidiary thereof, shall become an “investment company” as defined in the Investment Company Act.

  • A company (being a wholly owned Subsidiary of the Seadrill Entity) shall perform management services in respect of the Drillship and neither a material change nor any other adverse change (having an adverse effect on the Finance Parties’ rights and/or obligations under the Finance Documents) to such existing management arrangements shall be made without the prior written consent of the Agent (such consent not to be unreasonably withheld or delayed).

Related to Seadrill Entity

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

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

  • Joint Venture Entity means any Joint Venture, any Wholly-Owned Subsidiary of a Joint Venture or any JV Subsidiary.

  • Business Entity means a natural or legal person, business corporation, professional services corporation, limited liability company, partnership, limited partnership, business trust, association or any other legal commercial entity organized under the laws of this State or of any other state or foreign jurisdiction;

  • Tribal Entity means a federally-recognized tribal entity performing tribal governmental functions and eligible for funding and services from the U.S. Department of Interior by virtue of its status as an Indian tribe.

  • JV Entity means any joint venture of the Borrower or any Restricted Subsidiary that is not a Subsidiary.

  • Joint Venture Subsidiary means each of (i) Aluminum Company of Malaysia Berhard and (ii) any other person that is a Subsidiary in which persons other than Holdings or its Affiliates own 10% or more of the Equity Interests of such person, excluding, to the extent they become Restricted Subsidiaries of the Designated Company after the Closing Date, Xxxxx and Norf GmbH.

  • 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).

  • Ultimate Parent Entity means a Constituent Entity of an MNE Group that meets the following criteria:

  • Target Company means each of the Company and its direct and indirect Subsidiaries.

  • Joint Venture Company means any Subsidiary of the Company or any other Person of which 50% or less than 50% of the outstanding Voting Stock or participation is held by the Company or its Subsidiaries, whose Equity Interest is held directly or indirectly by the Company and one or more third parties that are not Affiliates of the Company for the purpose of directly or indirectly bidding new projects, including such Subsidiaries or Persons of the Company whose activities are governed by a joint venture agreement with one or more third parties that are not Affiliates of the Company.

  • Operating Subsidiary means a majority-owned subsidiary of a financial

  • PRC Entities means the PRC Subsidiaries and the Consolidated Affiliated Entities collectively.

  • Local entity means any city, county, city and county, or joint powers authority within the state within whose jurisdiction a State Video Franchise Holder may provide Video Service.6

  • Group Entity means any of the Company and Subsidiaries of the Company.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • holding entity means a person that is controlled by an individual;

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

  • Wholly Owned Affiliate has the meaning specified in Rule 2 of Regulation RR.

  • School entity means a school district, intermediate

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

  • Ultimate Parent Company means a company which owns at least twenty six percent (26%) equity in the Bidding Company or Member of a Consortium, (as the case may be) and in the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) and such Bidding Company or Member of a Consortium, (as the case may be) and the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) shall be under the direct control or indirectly under the common control of such company;

  • Operating Subsidiaries means, collectively, the Corporation and HST, each a wholly-owned subsidiary of the Trust, and "Operating Subsidiary" means either of the Corporation or HST, as applicable.

  • 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.

  • Parent Entities means, collectively, Parent and all Parent Subsidiaries.

  • Group Company means any one of them;