NADL definition

NADL means North Atlantic Drilling Limited, a Bermuda company and the predecessor to Reorganized NADL.
NADL has the meaning set forth in the preamble to this Agreement.
NADL means North Atlantic Drilling Limited, an exempted company limited by shares incorporated under the laws of Bermuda, with its registered office at Par-la-Ville Place, 0xx Xxxxx, 00 Xxx-xx-Xxxxx Xxxx, Xxxxxxxx XX00, Bermuda and registered with the Bermuda Registrar of Companies under number 45094.

Examples of NADL in a sentence

  • For administrative convenience, the holders of Credit Agreement Claims against NADL and the Other NADL Debtors and Sevan and the Other Sevan Debtors have agreed to accept participation in the Amended NADL Credit Facility and Amended Sevan Credit Facility, as applicable, in lieu of any entitlement to receive the New NADL Common Shares and New Sevan Shares and consent to the issuance of such shares to the Reorganized Debtors in accordance with the Description of Transaction Steps.

  • Note 20 – Assets held for sale On December 2, 2015, NADL signed an amendment with Jurong Shipyard (“Jurong”) for the deferral of the delivery of the semi- submersible drilling unit, the West Rigel (the “Unit”).

  • Accurately reference my participation with respect to the NADL, NBC, Foundation, DAMAS, CDT, RG and CDL programs.

  • Holders of Interests in Other NADL Debtors are conclusively presumed to have accepted the Plan under section 1126(f) of the Bankruptcy Code.

  • For loans of up to $350,000, if a schedule of collateral is not included, the lender must provide collateral and lienholder information to the Standard 7(a) Loan Guaranty Processing Center to complete the loan authorization.

  • The deferral period lasts until June 2016, following completion of which, the Company and Jurong have agreed to form a Joint Asset Holding Company for joint ownership of the Unit, to be owned 23% by the NADL and 77% by Jurong, in the event no employment is secured for the Unit and no alternative transaction is completed.

  • Holders of Interests in NADL are conclusively deemed to have rejected the Plan pursuant to section 1126(g) of the Bankruptcy Code.

  • Holders of NADL 510(b) Claims are conclusively deemed to have rejected the Plan pursuant to section 1126(g) of the Bankruptcy Code.

  • Holders of Allowed General Unsecured Claims against Other NADL Debtors are conclusively presumed to have accepted the Plan under section 1126(f) of the Bankruptcy Code.

  • Therefore, each holder of an Allowed NADL Revolving Loan Claim in Class D2 will not be entitled to vote to accept or reject the Plan.


More Definitions of NADL

NADL means Seadrill North Atlantic Holdings Limited of Par-la-Ville Place, 14 Par-la-Ville Road, Hamilton, HM08, Bermuda with registration number 53444.
NADL means Seadrill North Atlantic Holdings Limited, a company incorporated under the Laws of Bermuda with registration number 53444.
NADL means North Atlantic Drilling Limited, a company incorporated under the laws of Bermuda with registration number 45094.

Related to NADL

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  • ADL means "activities of daily living".

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  • PMU means the Project Management Unit established in accordance with paragraph 3 of Schedule 5 to this Loan Agreement;

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