Aloha Assets definition

Aloha Assets means the following assets relating wholly and directly to the Pride of Aloha Vessel, in each case to the extent transferable or assignable: (i) the Pride of Aloha Vessel (ii) all permits issued by any governmental authority to NCL America Holdings and related to the Pride of Aloha Vessel and (iii) all of the Pride of Aloha Vessel’s appliances, equipment, engines, machinery, boats, tackle, outfit, bunkers, oils and fuels, spare parts, consumable provisions and stores, appurtenances and belongings, whether on board or ashore;
Sample 1Sample 2Sample 3
Aloha Assets means the following assets (except to the extent that any such assets comprise an Excluded Asset) relating wholly and directly to the Aloha Vessel, in each case to the extent transferable or assignable: (a) the Aloha Vessel; (b) all Permits issued by any Governmental Authority to NCLA and related to the Aloha Vessel; and (c) all of the Aloha Vessel’s appliances, equipment, engines, machinery, boats, tackle, outfit, bunkers, oils and fuels, spare parts, consumable provisions and stores, appurtenances and belongings, whether on board or ashore. “Aloha Vessel” means United States documented passenger cruise vessel PRIDE OF ALOHA, Official Number 1153219, IMO Number 9128532. “America Accumulated Book Depreciation” means any Accumulated Book Depreciation with respect to the America Vessel from April 1, 2007 to the NCLA Valuation Date, as set forth on Schedule 1.1(a). “America Capital Expenditures” means, for any period, the aggregate amount of any capital expenditures made by the Company and any of its Subsidiaries in such period, with respect to the America Vessel, as calculated in a manner consistent with past practice. “America Cash Losses” means, with respect to any period, the amount, if negative, of the sum of (i) America EBITDA, less (ii) America Capital Expenditures, less (iii) interest paid or accrued on the Allocable America Indebtedness at the Blended Rate, in each case for such period and in each case as reflected in the Company’s financial statements or the accounting books and records of the Company. “America EBITDA” means, for any period, with respect to the America Vessel, the sum of (i) net revenues, less (ii) ship operating expenses and selling, general and administrative expenses as allocated in a manner consistent with past practice as included in management reports, in each case for such period and in each case as determined in accordance with GAAP and as reflected in the Company’s financial statements or the accounting books and records of the Company. “America Vessel” means the United States documented passenger cruise vessel PRIDE OF AMERICA, Official Number 1146542, IMO Number 9209221. “Applicable Law” means, with respect to any person, all provisions of common or statutory laws, statutes, ordinances, rules, regulations or orders applicable to such person.
Sample 1
Aloha Assets means the following assets relating wholly and directly to the Norwegian Sky Vessel, in each case to the extent transferable or assignable: (i) the Norwegian Sky Vessel (ii) all permits issued by any governmental authority to NCL America Holdings and related to the Norwegian Sky Vessel and (iii) all of the Norwegian Sky Vessel’s appliances, equipment, engines, machinery, boats, tackle, outfit, bunkers, oils and fuels, spare parts, consumable provisions and stores, appurtenances and belongings, whether on board or ashore;
Sample 1

Examples of Aloha Assets in a sentence

  • RADS Hospitality hereby agrees to be bound, from and after the Closing, by all of the terms, conditions and provisions contained in the Agreement with respect to the Aloha Assets and the Aloha Assumed Liabilities.

  • Given that for the purposes of the Share Subscription, the value of the NCLA Business (including the vessels, namely, the Pride of America and the Pride of Aloha) has been excluded, any decision to sell or otherwise dispose of any of the assets of the NCLA Business (other than the Aloha Assets and the America Assets) shall be determined solely by Star.


More Definitions of Aloha Assets

Aloha Assets means the following assets (except to the extent that any such assets comprise an Excluded Asset) relating wholly and directly to the Aloha Vessel, in each case to the extent transferable or assignable: (a) the Aloha Vessel; (b) all Permits issued by any Governmental Authority to NCLA and related to the Aloha Vessel; and (c) all of the Aloha Vessel’s appliances, equipment, engines, machinery, boats, tackle, outfit, bunkers, oils and fuels, spare parts, consumable provisions and stores, appurtenances and belongings, whether on board or ashore.
Sample 1

Related to Aloha Assets

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Excluded Assets has the meaning set forth in Section 2.2.

  • Transferred Assets has the meaning set forth in Section 2.1.

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Contributed Assets shall have the meaning as set forth in Section 2.2.

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Acquisition Assets With respect to an Acquisition, the aggregate net assets as of the effective date of such Acquisition of all Acquired Funds.

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Retained Assets has the meaning set forth in Section 2.2.

  • Related Assets Any assets held by a Trust the return of which is linked to one or more Underlying Securities and which, if applicable, shall be described in the related Supplement or a schedule thereto.

  • Operating Assets means all merchandise inventories, furniture, fixtures and equipment (including all transportation and warehousing equipment but excluding office equipment and data processing equipment) owned or leased pursuant to Capital Leases by the Company or a Restricted Subsidiary.

  • Mortgage Assets The Mortgage Loans to be included in the Trust Fund are as described in Annex A hereto.

  • Portfolio Assets means the portion of the net assets of the Fund managed by the Sub-Adviser pursuant to the following investment strategy as agreed to by the Adviser and the Sub-Adviser in a separately negotiated investment mandate: Emerging Markets (each a “Strategy”).

  • surplus assets means the assets after payment of the debts and liabilities remaining on a winding-up of the incorporated association and the costs, charges and expenses of the winding-up;

  • Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

  • Investment Assets means all debentures, notes and other evidences of Indebtedness, stocks, securities (including rights to purchase and securities convertible into or exchangeable for other securities), interests in joint ventures and general and limited partnerships, mortgage loans and other investment or portfolio assets owned of record or beneficially by the Company or any Subsidiary.

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Gross Assets means the total of fixed assets and current assets;

  • Undepreciated Real Estate Assets as of any date means the cost (original cost plus capital improvements) of real estate assets of the Company and its Subsidiaries on such date, before depreciation and amortization, determined on a consolidated basis in accordance with GAAP.

  • IP Assets means all Intellectual Property owned or used by or purported to be owned or used by the Group Companies.

  • Consolidated Assets means all assets which should be listed on the consolidated balance sheet of the Borrower and its Subsidiaries, as determined on a consolidated basis in accordance with GAAP.

  • Subject Assets is defined in Section 2.2(c).

  • Parent Assets means all Assets of either Party or the members of its Group as of the Effective Time, other than the SpinCo Assets, it being understood that, notwithstanding anything herein to the contrary, the Parent Assets shall include:

  • Assets and Properties of any Person means all assets and properties of every kind, nature, character and description (whether real, personal or mixed, whether tangible or intangible, whether absolute, accrued, contingent, fixed or otherwise and wherever situated), including the goodwill related thereto, operated, owned or leased by such Person, including without limitation cash, cash equivalents, Investment Assets, accounts and notes receivable, chattel paper, documents, instruments, general intangibles, real estate, equipment, inventory, goods and Intellectual Property.

  • Underlying Assets With respect to a Loan, any property or other assets designated and pledged as collateral to secure repayment of such Loan, including, without limitation, to the extent provided for in the relevant Underlying Instruments, a pledge of the stock, membership or other ownership interests in the related Obligor and all Proceeds from any sale or other disposition of such property or other assets.

  • Restricted Assets means all licenses, permits, franchises, approvals or other authorizations from any Governmental Authority from time to time granted to or otherwise held by the Company to the extent the same constitute “Excluded Assets” under (and as defined in) the Senior Lien Documents or the Junior Lien Documents or are similarly carved out from the granting clause or the collateral thereunder.