Acceptable Classification Society definition

Acceptable Classification Society means any of DNV GL, Lloyds Register, American Bureau of Shipping (ABS) and Bureau Veritas, or any other first class vessel classification society that is a member of the International Association of Classification Societies.
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Acceptable Classification Society means DNV GL, Lloyds Register, American Bureau of Shipping (ABS) and Bureau Veritas or such other first class vessel classification society that is a member of the International Association of Classification Societies.
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Acceptable Classification Society. (or “Class”) means a non-governmental organization that is a member of the International Association of Classification Societies and recognized by the Flag State of a Vessel, which certifies that a Vessel complies with certain standards and specifications, and which ensures ongoing compliance with such standards and specifications.
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Examples of Acceptable Classification Society in a sentence

  • Each Collateral Vessel is (i) or will be, classified in the highest class available for Vessels of its age and type with an Acceptable Classification Society, free of any conditions or recommendations, other than as permitted, or will be permitted, under the Collateral Vessel Mortgage, and (ii) flagged in an Acceptable Flag Jurisdiction.


More Definitions of Acceptable Classification Society

Acceptable Classification Society means American Bureau of Shipping, Nippon Kaiji Kyokai, Lloyd’s Register of Shipping, Bureau Veritas and DNV GL, or such other first class vessel classification society that is a member of the International Association of Classification Societies that the Required Lenders may approve from time to time.
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Acceptable Classification Society. (or “Class”) means a non-governmental organization that is a member of the International Association of Classification Societies and recognized by the Flag State of a Vessel, which certifies that a Vessel
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Acceptable Classification Society means DNV GL, Lloyd’s Register, Korean Register of Shipping, American Bureau of Shipping (ABS), Bureau Veritas, Nippon Kaiji Kyokai (ClassNK) and Chinese Classification Society (solely to the extent a dual Class is applied, and the Chinese Classification Society is the Second Class) or such other first class vessel classification society that is a member of the International Association of Classification Societies that the Required Lenders may approve from time to time.
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Acceptable Classification Society means DNV, Lloyd’s Register, American Bureau of Shipping (ABS), Bureau Veritas, Nippon Kaiji Kyokai or such other vessel classification society that the Administrative Agent (acting on instructions from the Required Lenders) may approve from time to time.
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Acceptable Classification Society. (a) the American Bureau of Shipping, (b) Bureau Veritas, (c) DNV, (d) Lloyd’s Register, (e) Nippon Kaiji Kyokai (ClassNK), (f) such other first-class vessel classification society that is a member of the International Association of Classification Societies (excluding any such societies that exist as of the Effective Date and are not listed in clauses (a) though (e) of this definition) and (g) such other classification society as is selected by the Company with the prior written consent of the Administrative Agent (not to be unreasonably withheld, conditioned or delayed).
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Related to Acceptable Classification Society

  • Classification Society or “Class” means the Society referred to in line 4.

  • primary society means, a Primary Forest Produce Co-operative Society registered under the Chhattisgarh Co-operative Societies Act, 1960 (Act No.17 of 1961) which is a member of District Union;

  • Law Society means the Law Society of Ireland;

  • information society service means a service as defined in point (b) of Article 1(1) of Directive (EU) 2015/1535 of the European Parliament and of the Council;

  • co-operative society means a body registered in India under the Co-operative Societies Act, 1912;

  • building society means a building society registered under the Building Societies Act (Cap. 489);

  • Tank vessel means a ship that is constructed or adapted to carry, or that carries, oil in bulk as cargo or cargo residue, and that:

  • Classification Seniority is defined as the length of service in a specific job classification within the bargaining unit, beginning with the date an employee starts to serve a probationary appointment. Classification Seniority shall be interrupted only by separation because of resignation, discharge for just cause, failure to return upon expiration of a leave of absence, failure to respond to a recall from layoff, or retirement.

  • U.S.-flag vessel means a vessel of the United States or belonging to the United States, including any vessel registered or having national status under the laws of the United States.

  • the Society means the Society of Actuaries in Ireland

  • Job Classification means an arrangement of tasks in an establishment or industry into a limited series of jobs or occupations, rated in terms of skill, responsibility, experience, training, and similar considerations, usually for wage setting purposes. This term, or job class, refers to a single cluster of jobs of approximately equal “worth.”

  • Acceptable Flag Jurisdiction means the Bahamas, Bermuda, Panama, the Xxxxxxxx Islands, the United States or such other flag jurisdiction as may be acceptable to the Required Lenders in their reasonable discretion.

  • collecting society means an organisation which has as its main object, or one of its main objects, the negotiating for the collection and distribution of royalties and the granting of licenses in respect of copyright works or performer’s rights; and

  • film classification body means the person or persons designated as the authority under section 4 of the Video Recordings Act 1984 (c.39) (authority to determine suitability of video works for classification).

  • Approved Petroleum Engineers means (a) Netherland, Xxxxxx & Associates, Inc., (b) Xxxxx Xxxxx Company Petroleum Consultants, L.P. and (c) any other independent petroleum engineers reasonably acceptable to the Administrative Agent.

  • Vessels shall have the meaning set forth in the recitals.

  • Classification means the identification of a position by reference to a classification title and pay range number.

  • ASTM means American Society for Testing and Materials.