Examples of Trico Supply in a sentence
None of the Subsidiaries of the Company (other than Trico Marine Assets, Inc., Trico Marine Operators, Inc., Trico Supply AS and Trico Shipping AS (collectively, the “Significant Subsidiaries”)) is a “significant subsidiary” (as defined in Rule 1-02 of Regulation S-X).
Trico Operators shall not, without the consent of the Debentureholders holding at least a majority in principal amount of the Second-Lien Notes then outstanding, reduce or otherwise deem any amount owing under the Trico Supply Intercompany Loan satisfied or paid (including any principal, interest or other amount due thereunder) without the receipt of cash or other assets of the type described in Section 3.2(a)(i) through (iv) above, of equal or greater value.
Xxxx Title: Managing Director GUARANTORS Trico Supply AS By /s/ Xxxxx X.
Sections 1-3 and 1-4 of the Norwegian Public Companies Act on upstream guaranties/providing of security, and the Guaranty shall only become effective as to Trico Supply upon Trico Supply first having received duly perfected security interests provided for in the Trico Supply Collateral Vessel Mortgage.
EXIT GUARANTORS: The Company and all domestic and foreign wholly-owned subsidiaries of the Company (including, without limitation, Trico Marine International Holdings B.V. ("TMIH"), Trico Supply ASA ("TRICO SUPPLY") (limited in the case of Trico Supply to the extent necessary to comply with Norwegian corporate law restrictions on upstream guarantees) and Trico Marine International, Inc.
Trico Supply will comply with its obligations in Section 5.16 to maximize and increase the Maximum Supply Guaranty Amount to the extent possible.
The Company will not, and will not permit any of its Subsidiaries to, take any action (including the making of any distribution or dividend by Trico Supply on or in respect of its Equity Interests or in reduction of its capital pursuant to the Mirror Notes or otherwise) the effect of which is or would be to reduce the maximum amount of the obligation of Trico Supply, as Guarantor pursuant to Section 9, below NOK 198,000,000, without the prior written consent of the Majority Lenders.
Trico Supply ASA, a Norwegian joint stock company (registration number 976853938) and a Subsidiary of the Parent.
The Banks shall have the right to demand the Facility Amount to be repaid in full in one (1) amount if any shareholder in Trico Supply ASA other than Trico including subsidiaries owns and/or controls fifty per cent (50 %) or more of the voting shares in Trico Supply ASA.
Xxxxx Director CTC Marine Projects (Guernsey) Limited CTC Marine Norway AS DeepOcean Management AS DeepOcean Maritime AS Deep Ocean Shipping AS DeepOcean Shipping II AS DeepOcean Shipping III AS Trico Shipping AS Trico Subsea AS Trico Subsea Holding AS Trico Supply AS Manager DeepOcean de Mexico, S.