Charter Date of Acceptance definition

Charter Date of Acceptance means the date upon which the Interim Performance Test Certificate (as defined in the Charter) is issued.
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Charter Date of Acceptance means, in relation to Rig A, the Rig A Charter Date of Acceptance and, in relation to Rig B, the Rig B Charter Date of Acceptance;
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Charter Date of Acceptance has the meaning given to that term in the Project Loan Agreement;
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Examples of Charter Date of Acceptance in a sentence

  • If, the Charter Date of Acceptance has not occurred by 30 April 2015 and/or the Delivery Date has not occurred by the date falling on the first (1) anniversary of the signing date of this Agreement, then the Total Commitments shall be immediately reduced to zero and the Borrower shall, on such date, prepay the Loan in full.

  • Evidence satisfactory to the Agents that the Borrower has accepted delivery of the relevant Rig on the Charter Date of Acceptance for that Rig under the Bareboat Charter relating to that Rig and that Bareboat Charter is in full force and effect.

  • If, the Charter Date of Acceptance has not occurred by 7 October 2016, then the Total Commitments shall be immediately reduced to zero and the Borrower shall, on such date, prepay the Loan in full.

  • A certificate from the Borrower confirming that the conditions precedent to the Transaction Documents which have been executed (other than the conditions precedent contained in this Agreement and the conditions precedent in the Charter, Bareboat Charter and the Services Agreement which cannot be satisfied until the Charter Date of Acceptance) have been fulfilled or waived in accordance with the respective terms of the Transaction Documents.

  • Evidence satisfactory to the Agents that the Head Charterer has accepted delivery of the Rig on the Charter Date of Acceptance under the Bareboat Charter and that the Bareboat Charter is in full force and effect.

  • Evidence satisfactory to the Facility Agent that the Charter Date of Acceptance will occur no later than 7 October 2016 and that all Project Documents remain in full force and effect.


More Definitions of Charter Date of Acceptance

Charter Date of Acceptance means the date on which the Charterer accepts the Rig in accordance with the Charter and the Services Agreement, provided that the Borrower has complied with the last paragraph of clause 10.3.16;
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Related to Charter Date of Acceptance

  • Date of Acceptance means the date, which appears on the Notice of Acceptance and if no date appears is the date on which the Principal sent the Notice of Acceptance accepting the Contractor’s Tender.

  • Certificate of Acceptance means written certification, delivered to Contractor and signed by an authorized representative of the State, stating that any Defects in a particular Phase or the Solution discovered after implementation and testing have been corrected as required under this Contract, and that the Phase complies in all material respects with all of the applicable Requirements.

  • Letter of Acceptance means the letter of formal acceptance, signed by the contractor. Procuring Entity, including any annexed memoranda comprising agreements between and signed by both Parties.

  • Letter of Acceptance (LOA) means the written notice issued by JMRC to the selected bidder(s) intimating the acceptance of selected bidder's Proposal for the award of License;

  • Confirmation of Acceptance shall have the meaning specified in paragraph 2B(5).

  • Notice of Acceptance means the written notification and any accompanying documentation sent to the Consultant by the Principal advising acceptance of its Tender to provide the Services under the Contract.

  • Effective Date of Contract means the date established in the Contract for the Contractor’s work to begin, or the date the Contract has been fully executed and received all required approvals, whichever date is later.

  • Acceptance Date has the meaning set forth in Section 2.05(a)(v)(D)(2).

  • Form of Acceptance means the Form of formal acceptance, signed by the Procuring Entity, of the Form of Tender, including any annexed memoranda comprising agreements between and signed by both Parties. If there is no such Form of acceptance, the expression “Form of Acceptance” means the Contract Agreement and the date of issuing or receiving the Form of Acceptance means the date of signing the Contract Agreement.

  • Commencement Date of the Contract means the date of signing of the Contract between the Purchaser and the Contractor.

  • Effective Date of Coverage means the date of commencement of Coverage in respect of a Life Insured under the Policy pursuant to the provision on Commencement of Coverage.

  • Acceptance Letter means the letter from Adviser to BD pursuant to which the Adviser appoints BD as a Broker Dealer for each series of MuniPreferred issued by any Fund that has executed a Request Letter.

  • Final Acceptance Date means, in respect of any Offer, the final date for acceptance of such Offer which, if such Offer is extended prior to becoming unconditional, shall be the final date for acceptance of the extended Offer (but, if such Offer is or becomes unconditional, disregarding any additional or further period during which such Offer is open for acceptance);

  • Commercial Contract means any written contract to which a VSE Entity is a party (other than a Government Contract or Government Subcontract) which gives rise or may give rise to Receivables.

  • EPC Contract means the Seller’s engineering, procurement and construction contract with the EPC Contractor.

  • Contract Amendment means a written document signed by the Procurement Officer that is issued for the purpose of making changes in the Contract.

  • Letter of Acceptance of Tender means letter giving intimation to the tenderer that his tender has been accepted in accordance with the provisions contained in that letter.

  • Acceptance Day shall have the meaning specified in paragraph 2B(5).

  • Date of Contract means the date on which notification of award of contract/letter of award/telex award has been issued.

  • Final completion and acceptance means the stage in the progress of the work as determined by the Contracting Officer and confirmed in writing to the Contractor, at which all work required under the contract has been completed in a satisfactory manner, subject to the discovery of defects after final completion, and except for items specifically excluded in the notice of final acceptance.

  • O&M Contract means the operation and maintenance contract that may be entered into between the Concessionaire and the O&M Contractor for performance of all or any of the O&M obligations;

  • Resolution Extension Period As defined in Section 2.03(b).

  • Required Percentage--Amendment shall be 66-2/3% of the aggregate Voting Rights, unless the subject amendment requires the vote of holders of only one class of Certificates pursuant to the Standard Terms, in which case 66-2/3% of the Voting Rights of such Class. "Required Percentage--Direction of Trustee" shall be 66-2/3% of the aggregate Voting Rights.

  • Common Billing Agreement means an agreement between the Appointee and any other person under which that person has undertaken to pay, on terms agreed between them, charges for water supply or sewerage services, or both, in respect of two or more Houses which have a common Supply Pipe and which, in any case where that agreement relates to one of those services only, are also subject to a similar agreement for common billing between that person and the undertaker providing the other service;

  • Conditional Acceptance means a conditional acceptance by the Liquidity Provider of an extension of the Scheduled Termination Date.

  • Operational Acceptance means the acceptance by the Procuring Entity of the Facilities (or any part of the Facilities where the Contract provides for acceptance of the Facilities in parts), which certifies the Contractor's fulfillment of the Contract in respect of Functional Guarantees of the Facilities (or the relevant part thereof) in accordance with the provisions of GCC Clause 28 (Functional Guarantees) hereof and shall include deemed acceptance in accordance with GCC Clause 25 (Commissioning and Operational Acceptance) hereof.