Examples of Rig Sharing Agreement in a sentence
Deepwater shall provide the Charter Trustee with substantially final drafts of any amendments, modifications or supplements to the Drilling Contracts, the Rig Sharing Agreement, the Drilling Contract Guaranties or the Services Agreements at least ten (10) Business Days prior to the effectiveness of such amendments, modifications or supplements.
From and after the Closing Date, the Services Agreements, the Drilling Contracts, the Drilling Contract Guaranties, the Rig Sharing Agreement and the Warranties arising under the Construction Contract are in full force and effect and have not been amended except as permitted or contemplated by the Transaction Documents.
Deepwater is not in default under, and, to the knowledge of Deepwater, no other Person is in default under, any of the Services Agreements, the Drilling Contracts, the Drilling Contract Guaranties or the Rig Sharing Agreement.
There is no litigation, action, proceeding, or labor ---------- controversy to which Deepwater is a party which, if adversely determined, would adversely affect the financial condition, operations, assets, business, properties or prospects of Deepwater or which purports to affect the legality, validity or enforceability of any of the Transaction Documents, the Services Agreements, the Drilling Contracts or the Rig Sharing Agreement.
From and after the Closing Date, the Services ------------------ Agreements, the Drilling Contracts, the Drilling Contract Guaranties and the Rig Sharing Agreement are in full force and effect and have not been amended except as permitted or contemplated by the Transaction Documents.
The execution, delivery and performance by Deepwater of its obligations under the Services Agreements, the Drilling Contracts, the Rig Sharing Agreement, this Agreement and the other Transaction Documents to which it is a party, will not violate in any material respect any provisions of any Applicable Law.
Kosmos and Noble shall each use the Drilling Unit in direct continuation of one another, and such use shall be subject to the Rig Sharing Agreement.
There is no litigation, action, proceeding, or labor controversy to which Deepwater is a party which, if adversely determined, would adversely affect the financial condition, operations, assets, business, properties or prospects of Deepwater or which purports to affect the legality, validity or enforceability of any of the Transaction Documents, the Services Agreements, the Drilling Contracts or the Rig Sharing Agreement.
No Default or Event of Default has occurred and is continuing and Deepwater is not in default in, nor has any non-permanent waiver been granted to Deepwater with respect to, the performance, observance or fulfillment of any of the obligations, conditions or covenants contained in the Construction Contract, the Drilling Contracts, the Rig Sharing Agreement or the Services Agreements.
The execution, delivery and performance by Deepwater of its obligations under the Construction Contract, the Services Agreements, the Drilling Contracts, the Rig Sharing Agreement, this Agreement and the other Transaction Documents to which it is a party, will not violate in any material respect any provisions of any Applicable Law.