Rig Lease Contract definition

Rig Lease Contract means the rig lease contract entered into between Chengtong Trading as lessor and ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Coast as lessee on 18 October 2018 in relation to the leasing of the Rig
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Examples of Rig Lease Contract in a sentence

  • Provided that there is no breach of any obligations under the Rig Lease Contract and other project documents, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Coast shall be entitled to terminate the lease contract prior to the expiry of the Lease Term by giving ninety (90) days written notice to Chengtong Trading.

  • The principal terms of the Rig Lease Contract are set out as follows: 18 October 2018 Lessor : Chengtong Trading Lessee : ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Coast The Rig purchased by Chengtong Trading under the Purchase Contract.

  • The principal terms of the Account Receivable Pledge Contract are set out as follows: 18 October 2018 Pledgor : ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Coast Pledgee : Chengtong Trading ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Coast has agreed to pledge the Account Receivables and all their related interests in favour of Chengtong Trading to secure its obligations under the Rig Lease Contract and the other project documents in relation thereto.

  • Upon the signing of the Rig Lease Contract, the first instalment amounting to US$411,990 (equivalent to approximately HK$3,213,522) shall be paid within ten (10) business days after Chengtong Trading has received from ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Coast all the amounts then due under the Rig Lease Contract and the other project documents.