Bareboat Charterer definition

Bareboat Charterer means NCL (Bahamas) Ltd. of Cumberland House, 9th Floor, 1 Xxxxxxxx Xxxxxx, Xxxxxxxx XX 00, Bermuda, the bareboat charterer of the Vessel pursuant to the Bareboat Charter;

Bareboat Charterer means any Subsidiary of the Company acting as the bareboat charter operator under an Encumbered Charter Agreement.

Bareboat Charterer means a company to be nominated by the Borrowers which is incorporated in the Philippines and owned or controlled by Aboitiz Jebsen, or such other company as the Borrowers may nominate with the Agent’s approval which is not to be unreasonably withheld;

Examples of Bareboat Charterer in a sentence

• The Bareboat Charterer Earnings Account remains opened and is being maintained with the Account Bank.

• All the Shares in the Borrower shall be legally and beneficially owned by the Shareholder, all the shares in the Bareboat Charterer shall be legally and beneficially owned by NCL International, all the shares in the Shareholder shall be legally and beneficially owned by Xxxxxxx and all the shares in Arrasas shall be legally and beneficially owned by the Guarantor and such structure shall remain so throughout the remainder of the Security Period.

• The Seller has the right to cancel any Contract with the Buyer at any time, if such payment guarantee is not received upon request thereof from Seller to Owner or Bareboat Charterer.

• Any notice, demand or other communication to be made or delivered by the Borrower, the Guarantor, the Shareholder or the Bareboat Charterer pursuant to this Deed shall (unless the Agent, the Hermes Agent or the Trustee has by fifteen (15) days’ written notice to the Borrower, the Guarantor, the Shareholder or the Bareboat Charterer specified another address) be made or delivered to the Agent, the Hermes Agent or the Trustee at its Office, the details of which are set out in Schedule 1.

• The Guarantor shall pay to the Owner within three (3) Business Days from its demand any amount which the Owner is required, or agrees, to pay pursuant to any claim by, or settlement with, a trustee in bankruptcy of the Bareboat Charterer on the ground that the Bareboat Charter (as the case may be), or a payment by the Bareboat Charterer or other Obligor, was invalid or on any similar ground.

More Definitions of Bareboat Charterer

Bareboat Charterer means the charterer pursuant to any of the Bareboat Charters;

Bareboat Charterer means NCL (Bahamas) Ltd.

Bareboat Charterer means TORM A/S.

Bareboat Charterer shall have the meaning provided in the definition of “Collateral and Guaranty Requirements”.

Bareboat Charterer means in respect of certain Vessels either (i) FIC and Transpetro or (ii) Petrojarl Production as identified against the names of the relevant Vessels in Schedule 7.

Bareboat Charterer means Pemex Refinación a public organization, decentralized from the federal government of Mexico;

Bareboat Charterer means a hirer of a ship who pays all expenses related to the provisioning, crewing, and operation of the ship;