Seadrill Limited definition

Seadrill Limited means Seadrill Limited, a limited liability company incorporated under the laws of Bermuda with registration number 36832.

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Seadrill Limited or the “Successor Company” means Seadrill Limited (formerly known as “New SDRL Limited”), an exempted company limited by shares incorporated under the laws of Bermuda with registration number 53439. Seadrill Limited has been the parent company of the Group since its emergence from bankruptcy in 2018;

Seadrill Limited means Seadrill Limited, a Bermuda company.

Examples of Seadrill Limited in a sentence

• For the avoidance of doubt, all Shareholder Costs will be borne by Seadrill Limited under the Seadrill Management Agreement and the Manager shall not allocate any Shareholder Costs to the Company.

• The Manager shall allocate Company Operational Costs between different operating entities that are affiliates of Seadrill Limited dependant on the level of resources expended by the Manager in management of that entity’s operational activities.

• The “Seadrill Group” means Seadrill Limited or any subsidiary, affiliate or associated company thereof, except the Company.

• Accordingly, the Company Operational Costs payable by each company that is an affiliate of Seadrill Limited has been weighted according to the type of Vessel.

• The “Seadrill Group” means Seadrill Limited or any subsidiary thereof, except the Company and its subsidiaries.

• Its: Shareholder By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Authorized Director By: Seadrill Limited Its: Shareholder By: /s/ ▇▇▇▇▇▇▇▇ ▇.

• This Agreement is supplemental to a senior secured credit facility agreement (the “Agreement”, which term shall include any amendments or supplements to it) dated [ ] made between inter alia (1) Seadrill Limited, (2) certain Obligors, (3) the GIEK Agent, (4) DNB Bank ASA as GIEK Facility Agent and (5) certain GIEK Lenders.

• In no event shall the Services Fee exceed the amounts charged by the Contractor to its affiliates wholly owned by Seadrill Limited.

• This Agreement is supplemental to a senior secured and revolving credit facility agreement (the “Agreement”, which term shall include any amendments or supplements to it) dated [ ] made between inter alia (1) Seadrill Limited, (2) certain Obligors, (3) DNB Bank ASA as Agent and (5) certain Commercial Lenders.

• None of the Obligors (except for Seadrill Limited) shall undergo any restructuring.

More Definitions of Seadrill Limited

Seadrill Limited means Seadrill Limited, a company organized under the laws of Bermuda, all of its current and former, direct and indirect affiliates (whether or not Debtors in this Chapter 11 case), subsidiaries, directors, employees, representatives, agents, advisors, attorneys, accountants, auditors and consultants, all other persons or entities acting or purporting to act on their behalf or under their control, and each of their predecessors and successors.

Seadrill Limited means Seadrill Limited, a Bermuda exempted company.

Seadrill Limited means Seadrill Limited, a company incorporated under the laws of Bermuda with registration number 36832.

Seadrill Limited means Seadrill Limited, an exempted company limited by shares incorporated under the laws of Bermuda, with its registered office at Par-la-Ville Place, 4th Floor, 14 Par-la-Ville Road, Hamilton HM 08, Bermuda and registered with the Bermuda Registrar of Companies under number 53439.

Seadrill Limited means (as the context requires) Seadrill Limited, a Bermuda company, any successor entity of a Subsidiary of Seadrill Limited to which that Subsidiary’s shares owned directly by Seadrill Limited are ultimately transferred or the ultimate parent company of an entity or entities (including, without limitation, each of its direct and indirect subsidiaries) to which all or substantially all of Seadrill Limited’s material assets are transferred.