Vessel Operations Sample Clauses

The Vessel Operations clause defines the rules and responsibilities governing how a vessel is to be managed and operated during the term of a contract. It typically outlines the obligations of the vessel owner or operator regarding navigation, crew management, maintenance, and compliance with applicable laws and regulations. For example, it may specify who is responsible for providing fuel, handling cargo, or ensuring the vessel's seaworthiness. The core function of this clause is to allocate operational responsibilities clearly between the parties, thereby minimizing disputes and ensuring smooth and efficient vessel performance throughout the contractual period.
Vessel Operations. 42 1.3.1 PRE‐TRIP NOTIFICATION: Sector Vessels will continue to comply with the 43 48 hour pre‐trip notification System (PTNS) for deployment of NEFOP 44 Observers and at‐sea monitors. Acceptable notification methods are 45 internet, phone or email. The Sector’s identified ASM Provider(s) shall be 1 provided with a full list of all pre‐trip notifications 2
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Vessel Operations. 1 1.3.1 PRE-TRIP NOTIFICATION: Sector Vessels will continue to comply with the
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Vessel Operations. Coordinate deck maintenance area assignments, general tasks and special maintenance needs with other watches assigned to his/her vessel and the appropriate Port Captain(s).
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Vessel Operations. The parties agreed that Lender will be entitled to supervise and audit all of the operations of the carrier business and the Vessel. For purposes of this Agreement, supervision may include introducing cargo shippers to the Vessel, advising on shipping rates, planned routes of the Vessel and ports of loading and discharge, advising on port agents and freight agents, collecting freight proceeds for the Borrower’s account, supervising expense disbursements, advising on Borrower’s quotations, booking notes and issuance of bills of lading, and accounting. Borrower has operated the vessel under a time charter, approved by the Lender, which runs until December 31, 2008. Borrower has agreed to negotiate for an extension of the Charter for an additional 1 year period in return for additional compensation from the Lender.
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Vessel Operations. Borrower will not operate any Vessel, or permit any Vessel to be operated, in (a) any area excluded from coverage by any insurance policy or coverage in effect with respect to the Vessel or required by the terms of this Agreement or any other Loan Document, including without limitation, the war risk coverage described therein, or (b) the territorial waters of any jurisdiction which is or may during the term of the Loan be subject to any trade restriction, trade or other embargo, or similar sanctions, instituted from time to time by the government of the United States of America or any other government having appropriate jurisdiction over the Vessel, or by the United Nations, including without limitation, any and all trade restrictions now or hereafter administered by the United States Treasury Department’s Office of Foreign Assets Control; provided that a Vessel may be located, operated or used in the territorial waters of any jurisdiction with respect to which the government of the United States of America has issued trade restrictions to the extent that the owner and/or operator of the Vessel, (a) as required by applicable law, has obtained all required valid and effective licenses and permits from all United States governmental authorities permitting the location, operation and/or use of such Vessel in such jurisdiction and (b) operated such Vessel in strict compliance with such licenses and permits, and otherwise in accordance with applicable law.
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Vessel Operations. Vessel operations shall be conducted to avoid grounding, prop wash or any disturbance of the seabed and the cap constructed as part of the Whatcom Waterway Cleanup Project, this includes the following restrictions: a. Vessel operations shall be limited to tide and wave conditions where grounding of the vessel hull or contact of the vessel propeller with the seabed shall not occur. b. Vessel operations shall not occur at tides below MLLW, or higher if necessary to avoid grounding of the vessel hull or contact of the vessel propeller with the seabed, based on NOAA Station No. 9449211. c. Vessel operations shall not exceed 720 horsepower applied. d. Vessel operations shall be limited to vessels that meet the following specifications: (1) a maximum draft of 11 feet, (2) maximum propeller diameter of 5.8 feet, (3) maximum of 850 horsepower, and (4) operated in accordance with a, b and c above. e. If vessel operations deviate from the criteria listed above, a written Special Conditions Alternate Plan by the Contracting Party must be submitted to the Port for approval prior to authorizing the Berth Agreement. It must include the alternative vessel operations that would specifically avoid grounding, prop wash, or any disturbance of the seabed and the cap constructed as part of the Whatcom Waterway Cleanup Project. [ ] vessel operations meet the specifications provided above [ ] vessel operations do not meet the specifications provided above, see attached Special Conditions Alternative Plan. Initials:
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Vessel Operations. Vessel Operations will be based on the following criteria. The nominated discharge rate is to be agreed upon between Inco Ships Pty Ltd and the employees. CSL Australia may alter these rates to meet customer’s requirements. If Gross rates excluding shore delays are 100 tph less than the nominated discharge rate over the entire discharge then 20% of points allocated will be deducted for each occurrence. One substantiated bad report from Charterer, superior officer or manager will result in a deduction of 10% of the points allocated.
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Vessel Operations. Any vessel that Purchaser uses to harvest Geoducks from the Harvest Area(s), to transport harvested Geoducks from the Harvest Area, or to perform Purchaser’s duties under this contract, (“Harvest Vessel”), shall comply with the following requirements:
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Vessel Operations 
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Related to Vessel Operations

  • Vessels (A) All of the vessels described in the Registration Statement, the General Disclosure Package and the Prospectus, except for the Contracted Vessels (each of which a Subsidiary has contracted to acquire), are owned directly by Subsidiaries); each of the vessels listed on Schedule F-1 (the “Owned Vessels”) hereto has been duly registered as a vessel under the laws and regulations and flag of the jurisdiction set forth opposite its name on Schedule F-1 in the sole ownership of the Subsidiary set forth opposite its name on Schedule F-1 and no other action is necessary to establish and perfect such entity’s title to and interest in such vessel as against any charterer or third party; each such Subsidiary has good title to the applicable Owned Vessel, free and clear of all mortgages, pledges, liens, security interests and claims and all defects of the title of record except for those liens arising under Credit Facilities, each as disclosed in the Registration Statement, the General Disclosure Package and the Prospectus, and such other encumbrances which would not, in the aggregate, result in a Material Adverse Effect; and each such Owned Vessel is in good standing with respect to the payment of past and current taxes, fees and other amounts payable under the laws of the jurisdiction where it is registered as would affect its registry with the ship registry of such jurisdiction except for failures to be in good standing which would not, in the aggregate, result in a Material Adverse Effect. Upon delivery to and acceptance by the relevant Subsidiary under the MoAs and the Newbuilding Contracts described in the Registration Statement, General Disclosure Package and Prospectus, each of the vessels listed on Schedule F-2 hereto and specified as being under contract (the “Contracted Vessels”) for delivery to and acceptance by a Subsidiary will be duly registered as a vessel under the laws of the jurisdiction set forth opposite its name on Schedule F-2, or under the laws of a generally accepted shipping industry flag jurisdiction, in the sole ownership of the Subsidiary set forth opposite its name on Schedule F-2, on such date, each such Subsidiary will have good title to the applicable Contracted Vessel, free and clear of all mortgages, pledges, liens, security interests, claims and all defects of the title of record, except for any mortgages, pledges, liens, security interests or claims arising from any financing arrangement which the Company or Subsidiary may enter to finance the acquisition of the Contracted Vessel and except such encumbrances which would not, in the aggregate, result in a Material Adverse Effect; and each such Contracted Vessel will be in good standing with respect to the payment of past and current taxes, fees and other amounts payable under the laws of the jurisdiction where it is registered as would affect its registry with the ship registry of such jurisdiction. (B) Each Owned Vessel is, and the Company will use reasonable commercial efforts to ensure that each Contracted Vessel will be, operated in compliance with the rules, codes of practice, conventions, protocols, guidelines or similar requirements or restrictions imposed, published or promulgated by any Governmental Authority, classification society or insurer applicable to the respective vessel (collectively, “Maritime Guidelines”) and all applicable international, national, state and local conventions, laws, regulations, orders, Governmental Licenses and other requirements (including, without limitation, all Environmental Laws), except where such failure to be in compliance would not have, individually or in the aggregate, a Material Adverse Effect. The Company and each applicable Subsidiary are, and with respect to the Contracted Vessels will be, qualified to own or lease, as the case may be, and operate such vessels under all applicable international, national, state and local conventions, laws, regulations, orders, Governmental Licenses and other requirements (including, without limitation, all Environmental Laws) and Maritime Guidelines, including the laws, regulations and orders of each such vessel’s flag state, except where such failure to be so qualified would not have, individually or in the aggregate, a Material Adverse Effect. (C) Each Owned Vessel is, and each Contracted Vessel will be, classed by any of Lloyd’s Register of Shipping, American Bureau of Shipping, Det Norske Veritas or a classification society which is a full member of the International Association of Classification Societies and each Owned Vessel is, and the Company will use reasonable commercial efforts to ensure each Contracted Vessel will be, in class with valid class and trading certificates, without any overdue recommendations.

  • System Operations Each party, at its own expense, shall provide and maintain the equipment, software, services and testing necessary to transmit Data Communications to, and receive Data Communications from the parties’ respective Receipt Computers.