Prideco definition

Prideco means Prideco, Inc., a Texas corporation which is a wholly-owned subsidiary of the Guarantor and the parent of Grant.
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Examples of Prideco in a sentence

  • On or before the Distribution Date, Grant will adopt the Grant Prideco, Inc.

  • With respect to any Service (or portion thereof) that Grant Prideco no longer requires Weat▇▇▇▇▇▇▇ (▇▇ its Affiliates) to perform, Grant Prideco shall promptly notify Weatherford that such Service (or portion thereof) is no longer required, and 30 Business Days following receipt by Weatherford of such notice, such Service (or portion thereof) will no longer be provided by Weat▇▇▇▇▇▇▇ (▇▇ its Affiliates) under this Agreement and Weatherford will have no further obligation with respect thereto.

  • Upon reasonable prior written request, Grant Prideco shall have the right to audit Weat▇▇▇▇▇▇▇'▇ ▇▇▇culations, and schedules thereto, of the costs and expenses for the services provided hereunder.

  • Grant Prideco or the Affiliate with whom the order is placed shall either accept or reject such order within three Business Days of receiving the order.

  • To the extent Grant Prideco or its Affiliates provides to certain of its customers a more favorable warranty for Drill Stem Products (other than in connection with isolated sales or tenders), Grant Prideco and its Affiliates shall provide such more favorable warranty to Weatherford and its Affiliates for such Drill Stem Products of the type and nature to which such more favorable warranty is provided.

  • Weatherford shall consult with Grant Prideco on at least a quarterly basis with respect to Weat▇▇▇▇▇▇▇'▇ ▇▇▇icipated Drill Stem Product requirements for the following two quarters.

  • Grant Prideco and its Affiliates may prorate purchases to the extent limitations are placed on the quantities to be purchased by it.

  • Neither Weatherford or any of its Affiliates nor Grant Prideco or any of its Affiliates may assign their rights and/or obligations under this Agreement other than with the express written consent of the other party.

  • Weatherford and its Affiliates shall be entitled to apply any Drill Stem Credits held by them against the purchase price of any Drill Stem Products to be purchased by them from Grant Prideco and its Affiliates subject to a maximum of 20% of the purchase price of any Drill Stem Products being satisfied with a Drill Stem Credit.

  • This Agreement may not be amended, altered or modified except by a writing signed by duly authorized officers of Weatherford and Grant Prideco.

Related to Prideco

  • GP means Gottbetter & Partners, LLP.

  • Asset Management Plan means a strategic document that states how a group of assets are to be managed over a period of time. The plan describes the characteristics and condition of infrastructure assets, the levels of service expected from them, planned actions to ensure the assets are providing the expected level of service, and financing strategies to implement the planned actions. The plan may use any appropriate format, as long as it includes the information and analysis required to be in a plan as described in Ontario’s Building Together: Guide for Asset Management Plans.

  • MNE Group means any Group that (i) includes two or more enterprises the tax residences of which are in different jurisdictions, or includes an enterprise that is resident for tax purposes in one jurisdiction and is subject to tax with respect to the business carried out through a permanent establishment in another jurisdiction, and (ii) is not an Excluded MNE Group;

  • GP LLC means Plains All American GP LLC, a Delaware limited liability company.

  • Direct holdings means all publicly traded securities of a company that are held directly by the state treasurer or a retirement system in an actively managed account or fund in which the retirement system owns all shares or interests.