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

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.

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.

• The Borrower undertakes with each Creditor Party to procure that each Owner will comply with the following provisions of this Clause 13 at all times during the Security Period (after the Ship which is owned or to be owned by that Owner has been delivered to it under the relevant Shipbuilding Contract) except as the Agent may, with the authorisation of the Majority Lenders, otherwise permit or except as provided in the Bareboat Charters with BP or any future bareboat charter with BP.

More Definitions of Bareboat Charters

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

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 means in relation to (i) DHT Amazon, the bareboat charter dated 11 June 2012 (as amended from time to time) entered into between Samco Eta Ltd. as owner and the Bareboat Charterer as charterer and (ii) DHT Europe, the bareboat charter dated 17 November 2014 (as amended from time to time) entered into between Samco Delta Ltd. as owner and the Bareboat Charterer as charterer.

Bareboat Charters means the bareboat charter arrangements in force at the date of this Agreement relating to the Collateral Vessels ‘Nordic Brasilia’, ‘Nordic Spirit’, ‘Petroatlantic’ and ‘Petronordic’, together with any other bareboat charters entered into from time to time pursuant to and in accordance with Clause 19.10(a) (Chartering).

Bareboat Charters means the Boston Bareboat Charter, the Chicago Bareboat Charter, the New York Bareboat Charter, the Ohio Bareboat Charter, and the Washington Bareboat Charter, each such charter individually a "Bareboat Charter". "Basic Charterhire" shall mean an amount equal to the amount of Basic Charterhire payable by the Time Charterer to the Bareboat Charterer pursuant to Article VII of any Time Charter. "Basic Charterhire Account" shall mean that account established pursuant to Section 7.1 of the Collateral Trust Agreement being account no. 0000-000000-000 situated at National Australia Bank Limited, 000 Xxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx . "Beneficiaries" shall mean each of the Lenders, the Agent, the Investor Participant, the Swap Counterparty, the Owner Trustee, the Owners and the Owner Trust, each individually a "Beneficiary". "Board of Directors" shall mean, with respect to any Person, the board of directors of such Person. "Board Resolution" shall mean, with respect to any Person, a copy of a resolution certified by the secretary or an assistant secretary of such Person to have been duly adopted by the Board of Directors of such Person and to be in full force and effect on the date of such certification. "Borrower" shall mean the Owner Trust. "Boston Assignment of Charterhire" shall mean that certain Assignment of Charterhire dated as of the Delivery Date, executed by the Boston Owner in favor of the Collateral Trustee. "Boston Assignment of Insurances" shall mean that certain Assignment of Insurances dated as of the Delivery Date, executed by the Boston Owner and the Bareboat Charterer in favor of the Collateral Trustee. "Boston Bareboat Charter" shall mean that certain Bareboat Charter dated as of March 30, 1999, by and between the Boston Owner and the Bareboat Charterer, as amended by Amendment No. 1 dated as of August 20, 1999 in respect of the OVERSEAS BOSTON. "Boston Finance Lease" shall mean that certain Finance Lease dated as of the Delivery Date, by and between the Boston Owner and the Owner Trust pursuant to which the Boston Owner will lease the OVERSEAS BOSTON to the Owner Trust.