Acceptable Ship Registry definition
Acceptable Ship Registry means the ship registry of the Bahamas, Bermuda, Cyprus, Denmark, Germany, the United Kingdom, Hong Kong, the Isle of Man, the Cayman Islands, Liberia, Malta, the ▇▇▇▇▇▇▇▇ Islands, the Netherlands, Norway, Panama and Singapore.
Acceptable Ship Registry means Bahamas, Bermuda, Cyprus, Denmark, Germany, the United Kingdom, Hong Kong, the Isle of Man, the Cayman Islands, Liberia, Malta, the Marshall Islands, the Netherlands, Sweden, Norway, Panama, Singapore or another flag state acceptable to the Bond Trustee.
Acceptable Ship Registry means the Bermuda Ship Registry, the Singapore Registry of Ships (MPA) or any other registry satisfactory to the Bond Trustee.
Examples of Acceptable Ship Registry in a sentence
The Issuer and the Bareboat Charterer shall furthermore ensure that the Drillship is registered in an Acceptable Ship Registry.
Any change of ship registry from one Acceptable Ship Registry to another may be completed without the Trustee's consent, however always subject to a satisfactory (in the reasonable opinion of the Trustee) Drillship Mortgage being duly perfected.
More Definitions of Acceptable Ship Registry
Acceptable Ship Registry means the ship registry of Bahamas, Bermuda, Cyprus, Denmark, Germany, United Kingdom, Hong Kong, Isle of Man, Cayman Islands, Liberia, Malta, the Marshall Islands, the Netherlands, Norway, Panama and Singapore and any other ship registry approved by the Agent.