Additional Ship Seller definition
Additional Ship Seller means, in relation to an Additional Ship, the seller of such Additional Ship and, in the plural, means all of them;
Examples of Additional Ship Seller in a sentence
The payment by the Facility Agent under Clause 4.7 to an Additional Ship Seller or any other third party shall constitute the making of the Advance and the Borrower shall thereupon become indebted, as principal and direct obligor, to each Lender in an amount equal to that Lender’s Contribution.