Offshore Platforms definition
Examples of Offshore Platforms in a sentence
Borrower further agrees that until such time as Lender requests that a New Mortgage be executed, such Borrower shall promptly execute and deliver to Lender a Negative Pledge Agreement covering such Borrower's interest in the Offshore Platforms and other oil and gas Properties.
EXHIBITS D and S attached hereto identifies all of the Offshore Platforms, other oil and gas Properties and real Property leased or owned by Borrower and its Subsidiaries and, if leased, identifies the lessor thereof.
Iwan, W.D., Thiel, C.C., Housner, G.W. and Cornell, C.A., "A Reliability-Based Approach to Seismic Reassessment of Offshore Platforms", ICOSSAR '93, Innsbruck, Austria, Aug.
Borrower agrees that for so long as any Obligations remain outstanding, it will not, without the prior written consent of Agent create or permit any Lien (other than Permitted Liens) or its interests in the Offshore Platforms and its other oil and gas Properties.
Exhibits C and R attached hereto identifies all of the Offshore Platforms, other oil and gas Properties and Real Property leased or owned by Borrower and its Subsidiaries and, if leased, identifies the lessor thereof.
Lender acknowledges that ERT sells Offshore Platforms and related Equipment in the ordinary course of business and gains and losses therefrom shall be reported according to GAAP and included in the Consolidated Financial Statements.
Offshore Platforms and Related Facilities Our offshore platforms play a key role in the development of the oil and natural gas offshore pipeline network.
Each New Mortgage shall be duly recorded in each office where such recording is required to constitute a valid Lien on Borrower's interest in the Offshore Platforms and other oil and gas Properties covered thereby.
Upon the request of Lender, the due and punctual payment and performance of the Obligations shall also be secured by a Lien upon any interest of Borrower in the Offshore Platforms and all other oil and gas Properties of Borrower.
Offshore Platforms and Related Facilities The Partnership's offshore platforms play a key role in the development of the oil and natural gas offshore pipeline network.