Tungsten Explorer definition
Examples of Tungsten Explorer in a sentence
Vessels: Aquamarine Driller Emerald Driller Sapphire Driller Topaz Driller Platinum Explorer Titanium Explorer Tungsten Explorer ACCESSION AGREEMENT FOR THIRD LIEN ASSIGNMENT OF EARNINGS BY INTERNAL CHARTERERS, dated effective as of [●] (this “Accession Agreement”), by [relevant assignor] (the “New Assignor”) and U.S. Bank National Association, as Third Lien Noteholder Collateral Agent (together with its successors and permitted assigns, in such capacity, the “Assignee”).
The Company reasonably expects the Tungsten Explorer to be delivered to the Company or a Guarantor in accordance with the Tungsten Explorer Construction Contract on or prior to June 30, 2013.
All policies of insurance insuring Group Parties or their respective businesses, assets, employees, officers and directors are, or, with respect to the Tungsten Explorer will be on its delivery date to the applicable Guarantor, in full force and effect.
The Tungsten Explorer Construction Contract is in full force and effect, and to the knowledge of the Company and the Parent, there are no currently existing and unwaived and/or uncured defaults or events which with time or notice would become events of default under the Tungsten Explorer Construction Contract.
Vessels: Aquamarine Driller Emerald Driller Sapphire Driller Topaz Driller Platinum Explorer Titanium Explorer Tungsten Explorer ACCESSION AGREEMENT FOR SECOND LIEN ASSIGNMENT OF EARNINGS BY INTERNAL CHARTERERS, dated effective as of [ ● ] (this “Accession Agreement”), by [relevant assignor] (the “New Assignor”) and U.S. Bank National Association, as Second Lien Noteholder Collateral Agent (together with its successors and permitted assigns, in such capacity, the “Assignee”).
Each Group Party and the Vessels (other than the Tungsten Explorer) is, and simultaneously with the delivery of the Tungsten Explorer to the applicable Guarantor, the Tungsten Explorer will be, insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which they are engaged.
The Group Parties and the Vessels (other than the Tungsten Explorer) are, or, with respect to the Tungsten Explorer will be on its delivery date to the applicable Guarantor, in compliance with the terms of such policies and instruments in all material respects, and there are no claims by any Group Party under any such policy or instrument as to which any insurance company is denying liability or defending under a reservation of rights clause.
The Company, its subsidiaries and the Vessels are, or, with respect to the Tungsten Explorer will be on its delivery date to the Company, in compliance with the terms of such policies and instruments in all material respects, and there are no claims by the Company or any of its subsidiaries under any such policy or instrument as to which any insurance company is denying liability or defending under a reservation of rights clause.
All policies of insurance insuring the Company or any of its subsidiaries or their respective businesses, assets, employees, officers and directors are, or, with respect to the Tungsten Explorer will be on its delivery date to the relevant subsidiary of the Company, in full force and effect.
Malaysia Vantage Holdings Cyprus ODC Limited Cyprus Vantage Drilling Poland—Luxembourg Branch Luxembourg Branch of a Polish limited liability company Dragonquest Holdings Company Cayman Islands Tungsten Explorer Company Cayman Islands Vantage Deepwater Company Cayman Islands Vantage Deepwater Drilling, Inc.