Common use of Valuation of Ships Clause in Contracts

Valuation of Ships. The market value of a Ship at any date is that shown by the arithmetic average of two valuations, each prepared:

Appears in 4 contracts

Samples: Loan Agreement (StealthGas Inc.), Loan Agreement (StealthGas Inc.), Agreement (StealthGas Inc.)

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Valuation of Ships. The market value Market Value of a Ship (or any other Fleet Vessel) at any date is that shown by taking the arithmetic average means of two valuations, each valuation to be prepared:

Appears in 3 contracts

Samples: Loan Agreement (Box Ships Inc.), Loan Agreement (Box Ships Inc.), Loan Agreement (Box Ships Inc.)

Valuation of Ships. The market value Market Value of a Ship at any date is that shown by the arithmetic average of two valuations, each valuations prepared:

Appears in 3 contracts

Samples: Loan Agreement (Oceanfreight Inc.), Loan Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)

Valuation of Ships. The market value Market Value of a Ship at any date is that shown by the arithmetic average of two valuations, valuations each prepared:

Appears in 2 contracts

Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.)

Valuation of Ships. The market value of a Ship at any date is that shown by the arithmetic average of two valuations, 2 valuations each prepared:

Appears in 2 contracts

Samples: Loan Agreement (Mc Shipping Inc), Loan Agreement (Mc Shipping Inc)

Valuation of Ships. The market value Market Value of a Ship at any date is that shown by the arithmetic average mean of two valuations, 2 written valuations each prepared:

Appears in 2 contracts

Samples: Agreement, Loan Agreement (Product Shipping Ltd.)

Valuation of Ships. The market value of a Ship at any date is that shown by the arithmetic average of two valuations, valuations each prepared:

Appears in 2 contracts

Samples: Loan Agreement (Crude Carriers Corp.), Loan Agreement (Crude Carriers Corp.)

Valuation of Ships. The market value of a Ship at any date is that shown by the arithmetic average of two valuations, each 2 valuations prepared:

Appears in 2 contracts

Samples: Loan Agreement (Britannia Bulk Holdings Inc), Loan Agreement (Britannia Bulk PLC)

Valuation of Ships. The market value of a Ship at any date is that shown by the arithmetic average of two valuations, valuations each prepared:

Appears in 2 contracts

Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement

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Valuation of Ships. The market value Market Value of a Ship at any date is that shown by the arithmetic average of two valuations, each valuations a valuation prepared:

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Valuation of Ships. The market value of a Ship at any date is that shown by taking the arithmetic average mean of two valuations, valuations each prepared:

Appears in 1 contract

Samples: Agreement (DryShips Inc.)

Valuation of Ships. The market value Market Value of a Ship at any date is that shown by taking the arithmetic average mean of two valuations, valuations each prepared:

Appears in 1 contract

Samples: Loan Agreement (Costamare Partners LP)

Valuation of Ships. The market value of a Ship at any date is that shown by taking the arithmetic average of two valuations, written valuations each preparedprepared for and addressed to the Lender:

Appears in 1 contract

Samples: Loan Agreement (Scorpio Bulkers Inc.)

Valuation of Ships. The market value Market Value of a Ship at any date is that shown by taking the arithmetic average means of two valuationsvaluations to be issued by 2 Approved Brokers appointed by the Agent, each valuation to be prepared:

Appears in 1 contract

Samples: Loan Agreement (Pyxis Tankers Inc.)

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