Examples of Additional Ships in a sentence
The Borrower shall procure that no member of the Group shall engage in any line of business other than directly or indirectly owning and operating the Existing Ships, or acquiring and operating the Newbuildings and/or Additional Ships.
In addition to the times specified in Clause 4.1 (First Availability Date) and Clause 4.2 (Availability of Loans for Additional Ships) the test specified in Clause 4.5 (Available Facility Limit) shall be applied by the Agent on an annual basis in January of each year.
The Guarantors shall not and shall procure that none of their Subsidiaries shall acquire any further tonnage other than the Additional Ships without the prior written consent of the Agent (such consent not to be unreasonably withheld) and the Borrower shall keep the Agent fully informed from time to time of any proposed purchases of tonnage by the Borrower or the Guarantors or any of their Subsidiaries.
The Borrower shall procure that no member of the Group shall engage in any line of business other than (i) directly or indirectly owning and operating the Existing Ships, or acquiring and operating the Newbuildings and/or Additional Ships, or (ii) the management as manager or agent of vessels owned by any person not a member of the Group.
Red Schoolhouse Road, Suite 101Chestnut Ridge, NY 10977 BioHiTech Confirms Approximately $2.3 Million in New Food Waste Digester Orders for 16 Additional Ships from Carnival Corporation CHESTNUT RIDGE, NY – May 18, 2021 – BioHiTech Global, Inc.