Trico Shipping definition
Examples of Trico Shipping in a sentence
None of the Subsidiaries of the Company (other than Trico Marine Assets, Inc., Trico Marine Operators, Inc., Trico Supply AS and Trico Shipping AS (collectively, the “Significant Subsidiaries”)) is a “significant subsidiary” (as defined in Rule 1-02 of Regulation S-X).
Trico Shipping AS By: Name: Title: TRUSTEE’S CERTIFICATE OF AUTHENTICATION ▇▇▇▇▇ Fargo Bank, N.A. as Trustee, certifies that this is one of the Notes referred to in the Indenture.
Section 6.7(i) of the Credit Agreement is hereby amended by adding the following parenthetical before the semicolon at the end thereof: “(except that Trico Shipping, as borrower under the Norwegian Revolving Facility, may prepay revolving loans under the Norwegian Revolving Facility in accordance with the terms and conditions thereof)”.
The Lenders and the Agent furthermore accepts that the note is assigned from Trico Shipping AS to Trico Supply AS as parts of the consideration for the contemplated purchase by Trico Supply AS of 100 % the shares in Deep Ocean AS from Trico Shipping.
Any payment by the Borrower or other circumstance which operates to toll any statute of limitations as to the Borrower shall operate to toll the statute of limitations as to Holdings, Trico Shipping and Intermediate Holdco.
Trico Shipping AS, a Norwegian corporation and a Subsidiary of the Parent.
On the Restatement Effective Date, each Subsidiary of Trico Shipping (other than Trico Subsea Holding, Trico Subsea and DeepOcean Shipping) and Trico Subsea shall have duly authorized, executed and delivered to the Administrative Agent the Amended and Restated Subsidiaries Guaranty substantially in the form of Exhibit H (as modified, supplemented or amended from time to time, the “Subsidiaries Guaranty”), and the Subsidiaries Guaranty shall be in full force and effect.
PART 3 NEWBUILDING I To be owned by: Trico Shipping AS Scheduled delivery: 31 May 2002 To be classed: DNV + 1A1, S▇, ▇▇, ▇▇▇, HL(2.8), T-MON, Dyn-Pos AUTR (DP2), LFL*, OIL REC, Clean, COMF-V(3) C(3) Dwt: Approx.
The parties hereto hereby agree that the incurrence by Trico Shipping of liabilities of the nature referred to in Item 1 of Schedule 3.1(b) shall not, in and of itself, give rise to a breach of any other representation and warranty set forth herein.
Without limiting the generality of the foregoing, each of Holdings, Trico Shipping and Intermediate Holdco hereby agrees with the Guaranteed Creditors that they will not exercise any right of subrogation which they may at any time otherwise have as a result of this Guaranty (whether contractual, under Section 509 of the Bankruptcy Code or otherwise) until all Guaranteed Obligations have been paid in full in cash.