Offshore Rig definition

Offshore Rig means each Marketed Rig that is a mobile offshore drilling unit (including without limitation any jack-up rig, semi-submersible rig, drillship, barge rig and moveable platform rig).
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Examples of Offshore Rig in a sentence

  • AOD Facility Agreement The US$360,000,000 senior secured credit facility agreement originally dated 9 April 2013 between, amongst others, Asia Offshore Rig 1 Limited, Asia Offshore Rig 2 Limited and Asia Offshore Rig 3 Limited as borrowers and ABN AMRO Bank N.V. as agent.

  • Secured Facility Various amendments will be made to the Secured Facility Agreements, including Agreements the US$360,000,000 senior secured credit facility agreement originally dated 9 April 2013 between, amongst others, Asia Offshore Rig 1 Limited, Asia Offshore Rig 2 Limited and Asia Offshore Rig 3 Limited as borrowers and ABN AMRO Bank N.V. as agent (the “AOD Facility Agreement”).

  • To: ▇▇▇▇▇ Fargo Bank, National Association as Collateral Agent Date: [  ] Dear Sirs, We confirm receipt from Songa Offshore Rig 3 AS (the “Chargor”) of an intimation dated [  ] of a restricted bond and floating charge and assignation dated July 13, 2018, in favour of ▇▇▇▇▇ Fargo Bank, National Association (the “Collateral Agent”) over all the rights of the Chargor to any amount standing to the credit of its accounts with us (each a “Charged Account”) and the debt represented by it.

  • Attention: [●] Fax No: [●] Email: [●] This transfer certificate relates to a secured loan facility agreement (as from time to time amended, varied, supplemented or novated the Loan Agreement) dated [●] 2015, on the terms and subject to the conditions of which a secured term loan facility was made available to Logitel Offshore Rig I Pte.

  • Equinor Energy AS acknowledges receipt of a notice of assignment of earnings dated on or around May 24, 2019, from Songa Offshore Rig 2 AS notifying Equinor Energy AS of the assignment of earnings set out therein with respect to the Contract.

  • We hereby acknowledge receipt of a notice of pledge of shares in Songa Offshore Rig 2 AS dated [ ] from Songa Offshore SE (the "Notice").

  • We hereby acknowledge receipt of a notice of pledge of shares in Songa Offshore Rig 3 AS dated [ ] from Songa Offshore SE (the "Notice").