Eligibility Clause Sample Clauses

Eligibility Clause. Owner warrants that during the term of this Charter party and any extension thereto the Vessel shall be eligible for trading within the trading areas described in Clause 3(d) and that the Vessel is not in any way listed as unacceptable by any major oil company, government or similar organization nor is she barred from any activity within any port within the trading areas described in Clause 3(d).
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Eligibility Clause. Provided the insurance carrier agrees: All employees’ insurance will become effective on the date of hire as long as their application card is received within 30 days of their employment date. If any of the following life changing events occurs, the employee will become eligible on the date of that event as long as their application card is received within 30 days of the event: adoption, birth, death, divorce, marriage, loss of job (including lay-off) and loss of other group coverage. The one annual open enrollment period shall be during the month of October for an effective date of January 1 without medical evidence.
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Eligibility Clause. Owners warrant that:
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Eligibility Clause. Owners warrant that the vessel is in all respects eligible under applicable laws and regulations for trading to the ports and places specified in under this charter party and that at all times she shall have on board all certificates, records and other documents required for such service. Furthermore, it is incumbent upon the Owners, unless the Charterers determine otherwise, to make every effort to obtain the following vetting approvals/acceptance: ChevronTexaco, Shell, Navion, BP, ExxonMobil, TotalFinaElf, Repsol. In addition Owners will make best efforts to obtain , at Charterers’ cost, other approvals/ acceptances that may be required by Charterers during the duration of this time charter contract. Once the above approvals/acceptances have been obtained, Owners will ensure that such approvals/acceptances will be maintained throughout the duration of the time charter.
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Eligibility Clause. Owners warrant the vessel is in all respects eligible under applicable conventions, laws and regulations for trading to the ports and places as specifies under this time charter. Owners warrants that vessel should have onboard for inspection by the appropriate authorities, all certificates, records, compliance letters, contingency plans and other documents required for such service, including but not limited to, the US Coast Guard Certificate of Financial Responsibility and the Certificate required by the International Convention on Civil Liability for Oil Pollution Damage 1969, as amended. Owners further warrant that the vessel does, and will comply with all applicable conventions, laws, regulations and ordinances of any international, national states or local government entity having jurisdiction including but not limited to the US. Port and Tanker Safely Ad, as amended, the US Federal Water Pollution Control Act as amended, the International Convention for the Prevention of Pollution from Ships (MARPOL 1973) as amended together with 1978 protocol and 1984 amendments thereto and the International Convention for Safety of Life at Sea (SOLAS 1974) as amended together with 1978 Protocol and 1981/1 983 amendment thereto, IMO regulations. Any delays, losses, expenses or damages arising as a result of failure to comply with this clause, shall be for Owner’s account and charterers shall not be liable for any delay caused by Vessel’s failure to comply the above warranties. Notwithstanding any other provisions to the contract, if during the currency of the Time Charter party any laws and/or regulations are appraised and engaged prohibiting or restricting the employment of the vessel in her reasonably intended trade, Charterers shall without prejudice have the option to cancel the Time Charter Party, unless Owners decide to make the vessel in full compliance with such laws and/or regulations whereby the vessel can trade fully and freely according to the terms of the Charter Party.
Sample 1
Eligibility Clause. 25.1 The Managers warrant that the Vessel will be at all times and in all respects eligible under applicable conventions, laws, regulations, rules, ordinances, decrees and international conventions. The Owners have the right at any time to audit the Mangers’ office system in this respect. The Managers warrant that the Vessel at all times will have onboard for inspection by the appropriate authorities, all certificates including trading certificates, records, compliance letters, contingency plans including SOPEP and other documents required for its service, including but not limited to the US Coast Guard Certificate of Financial Responsibility and certificates, records and other documentation required by US Oil Pollution Act of 1990.
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Eligibility Clause. Owner warrants that the vessel is in all respects eligible under applicable laws and regulations for trading to the ports and places specified in Clause 4, and that at all necessary times she shall have on board all certificates (including International Tonnage Certificate 1969) records and other documents required for such service. Any delay incurred because of the vessel’s failure to comply with the above shall be considered as off-hire.
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Eligibility Clause. Note: The contract should state that it is a condition of employment that the employee is eligible to work in Ireland for the duration of the contract and the contract may be terminated if they do not have the right to work in Ireland.
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Related to Eligibility Clause

  • Eligibility Criteria (i) Employees covered by this clause will be those who are unable to perform the range of duties to the competence level required within the class of work for which the employee is engaged under this Agreement, because of the effects of a disability on their productive capacity and who meet the impairment criteria for receipt of a Disability Support Pension.

  • Eligibility Requirements The Trustee hereunder shall at all times (i) be a corporation or association having its principal office in a state and city acceptable to the Seller, organized and doing business under the laws of such state or the United States of America, authorized under such laws to exercise corporate trust powers, having a combined capital and surplus of at least $50,000,000, or shall be a member of a bank holding system, the aggregate combined capital and surplus of which is at least $50,000,000, provided that its separate capital and surplus shall at all times be at least the amount specified in Section 310(a)(2) of the Trust Indenture Act of 1939, (ii) be subject to supervision or examination by federal or state authority and (iii) have a credit rating or be otherwise acceptable to the Rating Agencies such that neither of the Rating Agencies would reduce their respective then current ratings of the Certificates (or have provided such security from time to time as is sufficient to avoid such reduction) as evidenced in writing by each Rating Agency. If such corporation or association publishes reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purposes of this Section the combined capital and surplus of such corporation or association shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. In case at any time the Trustee shall cease to be eligible in accordance with the provisions of this Section, the Trustee shall resign immediately in the manner and with the effect specified in Section 8.08.

  • Eligibility of Receivables The Seller makes the following representations and warranties as to the Receivables on which the Purchaser is deemed to have relied in acquiring the Receivables. Such representations and warranties speak as of the Cutoff Date and as of the Closing Date (unless, by its terms, a representation or warranty speaks specifically as of the Cutoff Date or the Closing Date, in which case, such representation or warranty speaks specifically as of such date only).

  • ELIGIBILITY CONDITIONS The eligibility conditions specified in Adoption Agreement Section 2.01 are effective for Plan Years beginning after _______________________.

  • Eligibility It will notify the Issuer and the Servicer promptly if it no longer meets the eligibility requirements in Section 5.1.

  • Eligibility; Disqualification There will at all times be a Trustee hereunder that is a corporation organized and doing business under the laws of the United States of America or of any state thereof that is authorized under such laws to exercise corporate trustee power, that is subject to supervision or examination by federal or state authorities and that has a combined capital and surplus of at least $100.0 million as set forth in its most recent published annual report of condition. This Indenture will always have a Trustee who satisfies the requirements of TIA § 310(a)(1), (2) and (5). The Trustee is subject to TIA § 310(b).

  • Eligibility to use Form S-3 The conditions for use of Form S-3, set forth in the General Instructions thereto, have been satisfied.

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