Common use of Exchange Notes Clause in Contracts

Exchange Notes. The US-dollar denominated 101/4% Senior Notes due 2012 of the Issuer, as guaranteed on a senior subordinated basis by the Guarantors, to be issued pursuant to the Exchange Offer with terms identical in all material respects to those of the Notes, except that the Exchange Notes will not contain provisions with respect to transfer restrictions or Additional Interest.

Appears in 4 contracts

Sources: Registration Rights Agreement (Bluewater Offshore Production Systems Usa Inc), Registration Rights Agreement (Bluewater Offshore Production Systems Usa Inc), Purchase Agreement (Bluewater Offshore Production Systems Usa Inc)