Common use of Inquiries and Transmittal of Documents; Subscription Agent Clause in Contracts

Inquiries and Transmittal of Documents; Subscription Agent. The Rights Offering Instructions for Eligible Holders of Applicable Claims attached hereto should be carefully read and strictly followed by the Eligible Holders of Applicable Claims. Questions relating to the Debt Rights Offering should be directed to the Subscription Agent at the following phone number: [•]. The risk of non-delivery of all documents and payments to the Subscription Agent and any Nominee is on the Eligible Holder electing to exercise its Subscription Rights and not the Debtors, the Subscription Agent, or Commitment Parties.

Appears in 2 contracts

Sources: Investment Agreement (Seadrill LTD), Investment Agreement (North Atlantic Drilling Ltd.)