Offshore Assets definition

Offshore Assets means (a) dynamically-positioned shuttle tankers (including dynamically-positioned shuttle tankers that operate in conventional crude oil tanker trades), (b) floating storage and offtake units, (c) floating production, storage and offloading units and (d) related charters or contracts of affreightment.
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Offshore Assets means (a) dynamically-positioned shuttle tankers (excluding dynamically-positioned shuttle tankers that operate in conventional crude oil tanker trades under Qualifying Contracts), (b) floating storage and offtake units, (c) floating production, storage and offloading units and (d) related time charters or contracts of affreightment.
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Offshore Assets means the assets of the Issuer based outside the Republic of South Africa. APPENDIX “C” DEBT GUARANTEE APPENDIX “D”ADDITIONAL DOCUMENTS INCORPORATED BY REFERENCE Capitalised terms used in this section headed “Additional Documents Incorporated by Reference” shall bear the same meanings as used in the Terms and Conditions and this Applicable Pricing Supplement, except to the extent that they are separately defined in this section or this is clearly inappropriate from the context.
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Examples of Offshore Assets in a sentence

  • During the term of this Agreement, Teekay shall not use the Licensed Marks in connection with any (a) Offshore Assets or Offshore Restricted Business other than in connection with any Offshore Assets or Offshore Restricted Business owned by Teekay or Affiliates engaged in the Retained Businesses as of the Effective Date or (b) activities expressly permitted pursuant to the Omnibus Agreement.

  • The Teekay Entities hereby grant (i) Teekay LNG MLP a right of first offer on any proposed Transfer or, subject to Section 5.1, Re-Charter of any LNG Assets owned or acquired by any Teekay Entity and (ii) Teekay Offshore MLP a right of first offer on any proposed Transfer or, subject to Section 5.1, Re-Charter of any Offshore Assets owned or acquired by any Teekay Entity.

  • Further, Teekay shall cause its Subsidiaries not to use the Licensed Marks in connection with the Offshore Assets or Offshore Restricted Business other than in connection with activities expressly provided for pursuant to the Omnibus Agreement.

  • The Company and VerticalNet have no other obligations or liabilities regarding the transfer of the Offshore Assets other than as set forth in this Sections 2.7 and 12.14.

  • Reinsurer is acquiring the Offshore Assets for its own account and not with a view to their distribution within the meaning of Section 2(11) of the Securities Act of 1933, as amended.

  • The Account Bank acknowledges that it has received an executed copy of the Borrower Security Agreement (Offshore Assets).

  • After the Closing, VerticalNet shall use its commercially reasonable efforts to assist Converge as reasonably requested by Converge to (a) obtain record title in the trademarks set forth in Schedule 4.22(e) of APPENDIX II, and (b) record title to the Offshore Assets as may be necessary; provided, however, that in performing this covenant VerticalNet shall not be obligated to expend any cash whatsoever.

  • HealthMarkets shall have delivered to the Reinsurer stock certificates representing the Offshore Assets, in proper form for transfer, or accompanied by stock powers executed by an authorized officer of HealthMarkets.

  • In and Acknowledgement Agreement, executed by the Operator, the Borrower and the Agent, pursuant to which the Operator (a) acknowledges and consents to the security created by the Borrower Security Agreement (Offshore Assets) over the right, benefit and interest of the Borrower under the Operating Agreement and (b) grants the Agent the right to assume the rights and obligations of the Borrower under the Operating Agreement upon the occurrence of a default by the Borrower.

  • In consideration for the conveyance of the Offshore Assets pursuant to Section 2.7, CIL shall deliver to the Company 3,439,821 shares of Converge's Series B Preferred Stock (the "CIL SHARES").


More Definitions of Offshore Assets

Offshore Assets means all assets listed in Schedule 1.1B hereto;
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Offshore Assets means all the Company's direct ownership rights and direct licenses in, to, and under the Proprietary Rights and Software Products outside of the United States of America, whether such ownership rights and licenses are owned by or licensed to the Company prior to the Closing or acquired by or licensed to the Company pursuant to the Agreement at or after the Closing, including the assets listed in Sections 4 and 5 of Schedule 4.22(a)(i) of APPENDIX II.
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Offshore Assets means all assets used or held for use in or otherwise related to the Business, purchased by Buyer from Seller pursuant to the Offshore Asset Transfer Agreement.
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Related to Offshore Assets

  • Offshore facility ’ means any facility of any kind located in, on, or under any of the navigable waters of the United States, and any facility of any kind which is subject to the ju- risdiction of the United States and is located in, on, or under any other waters, other than a vessel or a public vessel;

  • Offshore means any country that is not one of the fifty United States or one of the United States Territories (American Samoa, Guam, Northern Marianas, Puerto Rico, and Virgin Islands). Permitted Uses and Disclosure by Business Associate.

  • Offshore Transaction Any “offshore transaction” as defined in Rule 902(h) of Regulation S.

  • Offshore waters means marine waters of the Pacific Ocean

  • Offshore Global Note means a Global Note representing Notes issued and sold pursuant to Regulation S.

  • Permanent Offshore Global Note means an Offshore Global Note that does not bear the Temporary Offshore Global Note Legend.

  • Onshore facility means any facility any part of which is located in, on, or under any land of the state, other than submerged land, that because of its location, could reasonably be expected to cause substantial harm to the environment by discharging oil into or on the navigable waters of the state or the adjoining shorelines.

  • Offshore Associate means an associate (as defined in section 128F(9) of the Income Tax Assessment Act 1936 of Australia) that is either:

  • Multi-purpose Lubricant means any lubricant designed for general purpose lubrication, or for use in a wide variety of applications. “Multi-purpose Lubricant” does not include “Multi-purpose Dry Lubricants”, “Penetrants”, or “Silicone-based Multi-purpose Lubricants”.

  • Special purpose spray adhesive means an aerosol adhesive that meets any of the following definitions:

  • Temporary Offshore Global Note means an Offshore Global Note that bears the Temporary Offshore Global Note Legend.

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Rule 904 means Rule 904 promulgated under the Securities Act.

  • U.S. Persons means such persons as defined in Regulation S of the United States Securities Act of 1933 and particularly includes residents of the United States as well as American stock corporations and private companies.

  • Qualified offshore wind project means a wind turbine

  • Special purpose equipment means equipment which is used only for research, medical, scientific, or other technical activities. Examples of special purpose equipment include microscopes, x-ray machines, surgical instruments, and spectrometers.

  • Designated Assets means any property or assets (including Capital Stock of any Subsidiary) of Holdings, the Restricted Parent, the Issuer and their respective Restricted Subsidiaries constituting a business, a line or unit of a business or used in operating a business substantially as an entirety.

  • Subsidiary Interests means, collectively, the issued and outstanding shares of stock of the Subsidiary Debtors as of the Petition Date and any options, warrants or other contractual rights to acquire any shares of stock of the Subsidiary Debtors as of the Petition Date.

  • Government purpose rights means the rights to—

  • Offshore Base Rate means the rate per annum appearing on Telerate Page 3750 (or any successor page) as the London interbank offered rate for deposits in Dollars at approximately 11:00 a.m. (London time) two Business Days prior to the first day of such Interest Period for a term comparable to such Interest Period. If for any reason such rate is not available, the Offshore Base Rate shall be, for any Interest Period, the rate per annum appearing on Reuters Screen LIBO Page as the London interbank offered rate for deposits in Dollars at approximately 11:00 a.m. (London time) two Business Days prior to the first day of such Interest Period for a term comparable to such Interest Period; provided, however, if more than one rate is specified on Reuters Screen LIBO Page, the applicable rate shall be the arithmetic mean of all such rates. If for any reason none of the foregoing rates is available, the Offshore Base Rate shall be, for any Interest Period, the rate per annum determined by Agent as the rate of interest at which dollar deposits in the approximate amount of the LIBOR Rate Loan comprising part of such Borrowing would be offered by the Bank's London Branch to major banks in the offshore dollar market at their request at or about 11:00 a.m. (London time) two Business Days prior to the first day of such Interest Period for a term comparable to such Interest Period.

  • Special purpose district means an area with special boundaries created as authorized by law for

  • QIB/QP means a QIB that is also a QP.

  • Company IT Assets means computers, Software, firmware, middleware, servers, workstations, routers, hubs, switches, data communications lines, and all other information technology equipment, and all associated documentation, in each case, used or held for use by a member of the Company Group.

  • General purpose equipment means equipment, which is not limited to research, medical, scientific or other technical activities. Examples include office equipment and furnishings, modular offices, telephone networks, information technology equipment and systems, air conditioning equipment, reproduction and printing equipment, and motor vehicles.

  • School purposes means purposes that customarily take place at the direction of a teacher or the Board, or aid in the administration of school activities, including but not limited to instruction in the classroom, administrative activities and collaboration among students, school personnel or parents or legal guardians of students.