Examples of Transocean Group in a sentence
You further acknowledge and agree that the Transocean Group has no obligation to reemploy, rehire or recall you, and promise that you shall not apply for re-employment with the Transocean Group.
You agree not to cooperate voluntarily in any third party claims against the Transocean Group.
Effective as of the IPO Closing Date and for so long as the Transocean Group beneficially owns shares of TODCO Common Stock representing less than a majority but more than 10% of the total voting power of all of the outstanding shares of TODCO Voting Stock, each committee of the TODCO Board of Directors shall, unless Transocean consents otherwise, include at least one Transocean Designee to the extent permitted by Law or stock exchange requirement.
Effective as of the IPO Closing Date and for so long as the Transocean Group owns shares of TODCO Common Stock representing a majority of the total voting power of all of the outstanding shares of TODCO Voting Stock, any committee of the Board of Directors of TODCO shall be composed of directors at least a majority of which are Transocean Designees.
Except as expressly set forth in this Agreement or in an Ancillary Agreement, Transocean, Transocean Holdings and TODCO understand and agree that no member of the TODCO Group is representing or warranting to Transocean or any member of the Transocean Group in any way as to the Transocean Business or the TODCO Excluded Liabilities.
It is understood and agreed that the employees of Provider and the other members of the Transocean Group performing the Services are not professional providers to third parties of the types of services included in the Services and that Transocean Group employees performing Services have other responsibilities and will not be dedicated full-time to performing Services hereunder.
Appropriate Member of the Transocean Group" has the meaning set forth in Section 3.4.
Notwithstanding anything herein to the contrary, no member of the TODCO Group shall be deemed an Affiliate of any member of the Transocean Group and no member of the Transocean Group shall be deemed an Affiliate of any member of the TODCO Group.
Intercompany Agreement" means any Contract between any entities included within the TODCO Group, on the one hand, and any entities within the Transocean Group, on the other hand, entered into prior to the IPO Closing Date, excluding any Contract to which a Person other than Transocean, TODCO or one of their Subsidiaries is a party.
TODCO Excluded Liabilities" shall mean any and all Liabilities that are expressly contemplated by this Agreement or any Ancillary Agreement as Liabilities to be retained or assumed by Transocean or any other member of the Transocean Group, and all agreements and obligations of any member of the Transocean Group under this Agreement or any of the Ancillary Agreements.