Bareboat Hire definition

Bareboat Hire means, for any Rate Period, the sum of the Base ------------- Hire, the Excess Hire and the Additional Excess Hire for such Rate Period.
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Bareboat Hire means the bareboat hire payable under each Bareboat Charter in accordance with the terms therein, which shall, for each day the Rig is operational under the Drilling Contracts not fall below USD 85,000 per day until and including 30 June 2015 and not fall below USD 95,000 per day thereafter (net of any VAT payable to Mexican tax authorities in connection with Bareboat Hire payments).
Sample 1

Examples of Bareboat Hire in a sentence

  • At the expiration of the Charter Period, except as provided in Articles 18 and 19(c), Charterer shall, at its own expense, redeliver the Vessel to Owner at the Redelivery Port and Charterer's obligation to pay additional Bareboat Hire in respect of periods thereafter shall cease.

  • Under no circumstances shall the Bareboat Hire for any Rate Period be lower than the Base Hire for such Rate Period.

  • Subject to Article 20(b), all Bareboat Hire ----------------- and Supplemental Hire payable to Owner shall be paid to the Owner's account specified in Schedule 1 to the Participation Agreement or to such other Person or account at such other place as Owner shall specify in writing to the Charterer at least five Business Days prior to the due date thereof.

  • Charterer shall pay to Owner, as charter hire for ------------- the Vessel Interest, Bareboat Hire in installments with respect to each Rate Period during the Charter Period on the dates and in the amounts provided in Articles 3(c) and (d).

  • Bareboat Hire with respect to any charter entered into pursuant to Article 19(c) following the expiration of this Charter Party shall be payable as provided in Article 19(c).

  • Subject to Article 20(b), all Bareboat Hire and ----------------- Supplemental Hire payable to Owner shall be paid to Owner's account specified in Schedule 1 to the Participation Agreement or to such other Person or account at such other place as Owner shall specify in writing to Charterer at least five Business Days prior to the due date thereof.

Related to Bareboat Hire

  • Bareboat Charter means the bareboat charter agreement to be executed by the Effective Date by the Borrower as owner and the Charterer as bareboat charterer.

  • Houseboat means watercraft primarily used as habitation and not used primarily as a means of transportation.

  • U.S.-flag vessel means a vessel of the United States or belonging to the United States, including any vessel registered or having national status under the laws of the United States.

  • Charterer means a person, firm, corporation, association, partnership, or other legal entity who contracts for the transportation of passengers and baggage, or goods and/or property from a specified origin to a specified destination, for a particular itinerary, agreed upon in advance.

  • Foreign flag vessel means any vessel that is not a U.S.-flag vessel.

  • U.S.-flag air carrier means an air carrier holding a certificate under 49 U.S.C. Chapter 411.

  • Intermodal Rail Yard means a rail facility in which cargo is transferred from drayage truck to train or vice-versa.

  • Existing ship means a ship which is not a new ship.

  • international voyage means a voyage from a country to which the present Convention applies to a port outside such country, or conversely.

  • We/Our/Us means the Underwriters named in the Schedule.

  • Public vessel ’ means a vessel owned or bareboat chartered and operated by the United States, by a State or political subdivision thereof, or by a foreign nation, except when such vessel is engaged in commerce;

  • Double Phase Aerosol Air Freshener means an aerosol air freshener with the liquid contents in two or more distinct phases that requires the product container be shaken before use to mix the phases, producing an emulsion.

  • foreign vessel means any vessel other than a coastal vessel.

  • Universal Digital Loop Carrier (UDLC means the DLC system that has a CO terminal channel bank that is connected to the CO switches on the analog side.

  • Recreational vessel means a vessel—

  • ASA means the Auction Settlement Amount (or Cash Settlement Amount, as the case may be) determined under the Credit Default Swap Transaction;

  • Vessel means the vessel/craft belonging to the Contractor for carrying out the work.

  • Journeyman plumber means a person licensed under this chapter as a

  • foreign fishing vessel means any fishing vessel other than a local fishing vessel;

  • Approved company means a company approved by the Minister under clause 17A(1)”;

  • Coastal vessel means any vessel exclusively employed in trading between any port or place in India to any other port or place in India having a valid coastal license issued by the competent authority.

  • Passenger vessel means any boat, ship, vessel,

  • Peak Season means the weeks containing the 24th through 36th Wednesdays of the calendar year. Each such week shall begin on a Monday and end on the following Sunday, except for the week containing the 36th Wednesday, which shall end on the following Friday.

  • Cruise means a vacation on a cruise ship.

  • Flag means a piece of woven cloth or other material designed to be flown from a pole or mast.

  • Relevant Company means VFVN, and any corporation or company derived from or resulting or surviving from the merger, consolidation, amalgamation, reconstruction or acquisition of VFVN with, into or by such other corporation or company, and any other entity, all or part of the share capital of which is, or all or some of the Securities are, at the relevant time included in the Exchange Property.