Bareboat Agreement definition

Bareboat Agreement means each of the bareboat charters entered into by the Charterers set out in Schedule 2 (Bareboat Agreements) as the same may have been or may be amended from time to time.
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Bareboat Agreement means the bareboat charter lease agreement originally dated 1 June 2017 (as amended from time to time) and made between the Issuer (as owner) and the Operator (as charterer) for the bare charter of the Barge.
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Examples of Bareboat Agreement in a sentence

  • The Group has a bareboat agreement with Indian Ocean Ship Management Services and Tuna Fishing Company whereby revenue is recognised on a quarterly basis based on the calculation defined in the Amendment to Bareboat Agreement signed on 16 March 2017.

  • You have full authority and responsibility regarding the operation of the Vessel for the term of the Bareboat Agreement.

  • You are liable for the full amount of the insurance deductible, toward which the security deposit will be applied, and You agree to pay damages in excess of said security deposit up to the deductible, except as otherwise provided in the Bareboat Agreement, within 14 (fourteen) days of notification.

  • Please note that the Issuer and the Operator intend to temporary amend the Bareboat Agreement to temporary reduce the lease payments from the Operator to the Issuer with effect to and including 31 December 2020.

  • Should it be impossible for Operator to make delivery as stipulated through causes beyond our control, and should such delivery not be made within twenty-four hours thereafter and should Operator be unable to provide a comparable Vessel, then this Bareboat Agreement may be canceled by You and any amounts paid in shall be refunded to You in full.

  • Prior to boarding Vessel You shall be required to provide a major credit card for the cost of excessive cleaning, repair or replacement of any lost or damaged items, or other charges made under the Bareboat Agreement within 10 (ten) business days following the conclusion of the Bareboat Agreement or when the final cleaning and vessel inspection completed, whichever is later.

  • W/8858073/v3Permission for temporary amendments and waivers under the Material DocumentsThe general undertaking in clause 13.10 (Material Documents) of the existing Terms and Conditions shall be amended to allow the parties under the Bareboat Agreement and the Mooring Licence Agreement to agree on temporary amendments and waivers under such agreements with effect to and including 31 December 2020.

  • The parties agree and expressly stipulate that this Bareboat Agreement shall survive the termination of any completed charter and shall not be merged in or otherwise affected by the subsequent agreements with other parties except as expressly stated herein.

  • You agree that the Vessel shall be employed exclusively as a pleasure Vessel for the sole and proper use of You and members of Your party during the term of the Bareboat Agreement and shall not transport merchandise, nor carry passengers for pay or hire, nor engage in any trade, nor in any way violate the laws of the United States of America, or any other government within whose jurisdiction the Vessel may be at any time and shall comply with the law in all other respects.

  • The Owner and Operator assume no responsibility for weather conditions that may arise or occur during the term of this Bareboat Agreement and all rates and agreements shall continue in full force and effect.

Related to Bareboat Agreement

  • Connection Agreement means an agreement entered into between a distributor and a person connected to its distribution system that delineates the conditions of the connection and delivery of electricity to or from that connection;

  • Framework Agreement means the Clauses of this Framework Agreement together with the Framework Schedules and annexes to it;

  • SCM Agreement means the Agreement on Subsidies and Countervailing Measures in Annex 1A to the WTO Agreement;

  • Subordination Agreement means a subordination agreement in form and substance reasonably acceptable to the Administrative Agent and/or the Collateral Agent, the Borrower and the Majority Lenders, among the Administrative Agent, the representative on behalf of any holders of senior subordinated or subordinated Permitted Additional Debt, the Borrower, the Guarantors and the other parties party thereto from time to time.