Seadrill Limited definition

Seadrill Limited means Seadrill Limited, a Bermuda company.
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Seadrill Limited or the “Successor Company” means Seadrill Limited (formerly known as “New SDRL Limited”), an exempted company limited by shares incorporated under the laws of Bermuda with registration number 53439. Seadrill Limited has been the parent company of the Group since its emergence from bankruptcy in 2018;
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Seadrill Limited means Seadrill Limited, a company organized under the laws of Bermuda, all of its current and former, direct and indirect affiliates (whether or not Debtors in this Chapter 11 case), subsidiaries, directors, employees, representatives, agents, advisors, attorneys, accountants, auditors and consultants, all other persons or entities acting or purporting to act on their behalf or under their control, and each of their predecessors and successors.
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Examples of Seadrill Limited in a sentence

  • For the avoidance of doubt, all Shareholder Costs will be borne by Seadrill Limited under the Seadrill Management Agreement and the Manager shall not allocate any Shareholder Costs to the Company.

  • Accordingly, the Company Operational Costs payable by each company that is an affiliate of Seadrill Limited has been weighted according to the type of Vessel.

  • The Manager shall allocate Company Operational Costs between different operating entities that are affiliates of Seadrill Limited dependant on the level of resources expended by the Manager in management of that entity’s operational activities.

  • Adjusted EBITDA refers to earnings before interest, other financial items, taxes, non-controlling interest, depreciation and amortization and including deferred consideration payable to Seadrill Limited.

  • In particular, statements regarding offshore drilling markets, the Company’s ability to make cash distributions, the expected performance of the drilling units in the Company’s fleet, estimated duration of customer contracts, contract dayrate amounts, contract backlog, forecasts of operating income and Adjusted EBITDA and the ability of the Company and Seadrill Limited to negotiate with lenders are considered forward-looking statements.

  • Important additional factors include our operational dependency on Seadrill Limited for certain management and technical support services and our ability to continue to comply with loan covenants.

  • In particular, statements regarding the Company’s ability to make cash distributions, the expected performance of the drilling units in the Company’s fleet, estimated duration of customer contracts, contract dayrate amounts and the Company’s ability to purchase drilling rigs from Seadrill Limited in the future are considered forward-looking statements.

  • Seadrill Limited was formed on May 10, 2005 as a Bermuda exempted company.

  • On April 28, it was announced that the Company deferred its first quarter 2017 distribution decision until an agreement is reached with its lending banks to insulate from potential events of default by Seadrill Limited.

  • On or before the Effective Date, Seadrill Limited shall contribute or transfer all the ordinary shares that it holds in Seadrill Deepwater Drillship Ltd.


More Definitions of Seadrill Limited

Seadrill Limited means Seadrill Limited, a limited liability company incorporated under the laws of Bermuda with registration number 36832.
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Seadrill Limited means Seadrill Limited, a Bermuda exempted company.
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Seadrill Limited means Seadrill Limited, an exempted company limited by shares incorporated under the laws of Bermuda on 10 May 2005 and registered with the Bermuda Registrar of Companies under number 36832.
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Seadrill Limited means (as the context requires) Seadrill Limited, a Bermuda company, any successor entity of a Subsidiary of Seadrill Limited to which that Subsidiary’s shares owned directly by Seadrill Limited are ultimately transferred or the ultimate parent company of an entity or entities (including, without limitation, each of its direct and indirect subsidiaries) to which all or substantially all of Seadrill Limited’s material assets are transferred.
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Seadrill Limited means Seadrill Limited, a limited liability company incorporated under the laws of Bermuda with registration number 36832. 176 (301) EXECUTION VERSION
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Related to Seadrill Limited

  • MFET Limited means the company limited by guarantee (number 7121661) of that name, established for the purpose in particular of making payments in accordance with arrangements made with the Secretary of State to persons who have acquired HIV as a result of treatment by the NHS with blood or blood products;

  • HK Company shall have the meaning ascribed to it in the preamble of this Agreement.

  • LTD means NMC Healthcare Limited (in administration);

  • Mauritius means the Republic of Mauritius and includes:

  • Series Company refers to the form of registered open-end investment company described in Section 18(f)(2) of the 1940 Act or in any successor statutory provision;

  • Guernsey means Guernsey, Alderney and Herm, including the territorial sea adjacent to those islands, in accordance with international law;

  • BVI means the British Virgin Islands.

  • limited company means a company limited by shares or by guarantee or a company limited both by shares and by guarantee;

  • BHP means BHP Minerals Pty. Ltd. and its successors and assigns who are parties with the State to the Processing Agreement;

  • Western Australia the following definitions‑

  • unlimited company means a company formed on the principle of having no limit placed on the liability of its members;

  • Initial Limited Partners means the Organizational Limited Partner (with respect to the Common Units and Subordinated Units received by it as described in Section 5.1), the General Partner (with respect to the Incentive Distribution Rights received by it as described in Section 5.1) and the Underwriters, in each case upon being admitted to the Partnership in accordance with Section 10.1.

  • Cayman Companies Act means the Companies Act (As Revised) of the Cayman Islands.

  • Domestic limited liability company means an entity that is an unincorporated association having one or more members and that is organized under ORS chapter 63.

  • Professional limited liability company means a limited

  • Subco means 0731297 B.C. Ltd., a corporation existing under the laws of the Province of British Columbia and a wholly owned subsidiary of Kinder;

  • Asia means Australia, China, Hong Kong, India, Indonesia, Japan, Korea, Macau, Malaysia, New Zealand, Philippines, Singapore, Taiwan, and Thailand.

  • Support Partners – means any successful vendor who entered into partnership agreement with CIPC and/or its clients for the provision of support services to a specific solution.

  • Truant means an unexcused absence for at least one class period during the day.

  • Member-managed limited liability company means a limited liability company that is not a manager-managed limited liability company.

  • Manager-managed limited liability company means a limited liability company that is managed by

  • Bermuda means the Islands of Bermuda;

  • Natural gas company ’ means a person engaged in the transportation of natural gas in interstate commerce, or the sale in inter- state commerce of such gas for resale.

  • CGS means the Connecticut General Statutes.

  • Foreign limited liability limited partnership means a foreign limited partnership whose general partners have limited liability for the obligations of the foreign limited partnership under a provision similar to section 488.404, subsection 3.

  • Limited liability partnership or “LLP” shall mean a Company governed by Limited Liability Partnership Act 2008 or as amended;