Bareboat Charters definition

Bareboat Charters has the meaning set forth in Section 9.3(k) of the Asset Transfer and Contribution Agreement.

Bareboat Charters means the bareboat charters identified in Schedule 7 for certain of the Vessels only on the terms and subject to the conditions of which the relevant Charterer will bareboat charter its Vessel to the Bareboat Charterer.

Bareboat Charters means the charters of the Vessels (other than SILJA SERENADE and STAR WIND) between the relevant Owners and the relevant Bareboat Charterers.

Examples of Bareboat Charters in a sentence

• The Directors are of the view that the terms of the Memorandums of Agreement and the Bareboat Charters are fair and reasonable and are in the interests of the Company and its shareholders as a whole.

• The Directors believe that entering into the Memorandums of Agreement and the Bareboat Charters will strengthen the Group’s leasing business and is consistent with the Group’s overall business development strategies.

• Pursuant to Chapter 14 of the Listing Rules, as the highest applicable percentage ratio of the transactions under the Memorandums of Agreement and the Bareboat Charters is more than 5% but less than 25%, the transactions contemplated under the Memorandums of Agreement and the Bareboat Charters constitute discloseable transactions of the Company and are subject to the notification and announcement requirements under Chapter 14 of the Listing Rules but are exempt from the shareholders’ approval requirement.

• Pursuant to Chapter 14 of the Listing Rules, as the highest applicable percentage ratio of the transactions under the Memorandums of Agreement and the Bareboat Charters is more than 5% but less than 25%, the transactions under the Memorandums of Agreement and the Bareboat Charters constitute discloseable transactions of the Company and are subject to the notification and announcement requirements under Chapter 14 of the Listing Rules but are exempt from the shareholders’ approval requirement.

• For the avoidance of doubt, during any Blocked Period, Holdings may continue to cause the Collateral Rig Operator to pay amounts due under the Bareboat Charters into the Bareboat Accounts, and the Collateral Rig Owners may continue to pay amounts due under the Bareboat Charters, if any, into the Earnings Account by delivering a Blocked Period Withdrawal Certificate.

More Definitions of Bareboat Charters

Bareboat Charters has the meaning set forth in Section 5.22(b)(i).

Bareboat Charters means the Rig A Bareboat Charter and the Rig B Bareboat Charter, and “Bareboat Charter” means either of them;

Bareboat Charters means, collectively, the Eagle Charter and the Hawk Charter.

Bareboat Charters has the meaning given to that term in the Project Loan Agreement;

Bareboat Charters means all of such bareboat charters;

Bareboat Charters means, collectively, the Anchorage Bareboat Charter, the Tacoma Bareboat Charter, the Kodiak Bareboat Charter, the Enterprise Bareboat Charter, the Expedition Bareboat Charter, the Navigator Bareboat Charter, the Pacific Bareboat Charter and the Trader Bareboat Charter.

Bareboat Charters means, together, the Gas Marathon Bareboat Charter and the Sweet Dream Bareboat Charter and, in the singular, means either of them;