Rig Broker definition

Rig Broker means an internationally recognized broker in the offshore industry serving clients worldwide, whose primary business includes acting as a broker in the sale and purchase, order and charter of mobile offshore drilling units. Schedule A hereto lists Persons which as of the date hereof are Rig Brokers.
View Source

Examples of Rig Broker in a sentence

  • At the time of the delivery of the financial statements provided for in Section 7.01(a), an updated rig valuation report from an Approved Rig Broker setting forth the current Market Value of each Fleet Rig.

  • Each party will provide all information reasonably requested by any Rig Broker or investment banking firm in connection with the Drilling Rig Appraisal Procedure or Transocean Appraisal Procedure, as applicable.

Related to Rig Broker

  • Prime Broker means a Person that acts as credit counterparty for transactions executed on the SEF in the name and on behalf of such Person by its client or an agent of its client that is a BSEF Participant and that has authorized a Participant to send RFQs, place Orders or enter into Trades in the name and on behalf of such Person.

  • Associate broker means a licensed broker who is employed by

  • Data Broker means either of the following:

  • Introducing Broker means a third party who introduces prospective Clients to the Company.

  • Seller’s Broker means ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇▇.