Examples of Transocean Entities in a sentence
Transocean shall, not later than the 10th calendar day following receipt of such notice, notify the Company if it or any other Transocean Entities wishes to acquire any Non-Five-Year Drilling Rig forming part of that business or package of assets in cooperation and simultaneously with the Company Group Member acquiring the Five-Year Drilling Rigs forming part of that business or package of assets.
Subject to Section 9.15 and except as permitted by Section 2.2, each of the Transocean Entities shall be prohibited from acquiring, owning, operating or contracting for any Five-Year Drilling Rigs.
While the we have have been upgrading our Information Technology systems, there can be no assurance that the new systems will be successfully integrated into ourexisting systems, that our employees can be successfully trained to utilise the upgraded systems, that the upgraded systems, if installed and operational, will not become quickly outdated or that the upgraded systems will bring about the anticipated benefits.
Except to the extent otherwise provided in any agreement between one or more Transocean Entities, on the one hand, and one or more Company Group Members, on the other hand, and subject to the provisions of Section 7.3 and Section 7.4, Transocean Inc.
TPLLC shall have the right, at TPLLC’s sole cost and expense, to audit any Transocean Entity’s books and records with respect to all costs and expenses payable by TPLLC to such Transocean Entity pursuant to Section 5.1, and TSAMA shall provide or cause to be provided to TPLLC access to the relevant books and records of the Transocean Entities at reasonable times following reasonable notice and shall enable TPLLC to make copies of all relevant documents.
The Parties desire by their execution of this Agreement to evidence their understanding, as more fully set forth in Articles II and IV, with respect to (a) those business opportunities that the Transocean Entities (as defined herein) will not pursue during the term of this Agreement and (b) the procedures whereby such business opportunities are to be offered to the Company Group (as defined herein).
The Transocean Entities carry or are entitled to the benefits of insurance, with financially sound and reputable insurers, in such amounts and covering such risks as are generally deemed reasonably adequate and customary for their business, and all such insurance is in full force and effect.
The Transocean Entities have no reason to believe that they will not be able to (i) renew their existing insurance coverage as and when such policies expire or (ii) obtain comparable coverage from similar institutions as may be necessary or appropriate to conduct their business as now conducted and at a cost that would not reasonably be expected to have a Material Adverse Effect.
These results suggest that cGLM is preferred to iGLM in real-time processing, as far as computation time permits.
The Parties desire by their execution of this Agreement to evidence their understanding, as more fully set forth in Articles III and IV, with respect to (a) those business opportunities that the Company Group will not pursue during the term of this Agreement and (b) the procedures whereby such business opportunities are to be offered to the Transocean Entities.