Addressable Rigs Served

Addressable Rigs Served. The total number of Offshore Drilling Rigs, on March 31, June 30, September 30 or December 31 of the applicable Performance Period, for which the Company and/or its subsidiaries are the primary providers of communication services, provided, however, that an Offshore Drilling Rig shall not be included in such total unless, on the applicable date, the Company and/or its subsidiaries are generating recurring revenue of at least $65.75 per day from providing such services. The Company and/or its... subsidiaries will be considered to be the "primary providers of communication services" where such services are provided to the Offshore Drilling Rig owner or manager or the entity drilling the well; the Company and/or its subsidiaries will not be considered to be the "primary providers of communication services" where such services are provided only to one or more service companies operating on the Offshore Drilling Rig. View More