SDRL - Seadrill Announces Forbearance Agreements | SDRL Message Board Posts

Seadrill Limited

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Msg  37420 of 37425  at  9/19/2020 11:40:38 AM  by

bulkrzzz


 In response to msg 37419 by  ex_hacker202
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Re: SDRL - Seadrill Announces Forbearance Agreements

Without a forbearance in respect of these leasing agreements, a non-payment of interest under the agreements covered by the forbearance agreements that have been agreed could result in enforcement of a cross-default under such leasing agreements.

Whats a cross-default??????


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