First Ship definition

First Ship means the first Ship to be sold and delivered to a Buyer;
Sample 1
First Ship means the Norwegian International flagged 1987 built 77,749 cu.m LPG carrier currently named “BXXXX XXXX” registered in the name of the Time Charterer with IMO Number 8519966 which is to be purchased by IBIS and registered in its name under the Bahamas flag with the same name;
Sample 1
First Ship. Mortgage shall mean (A) that certain Ship Mortgage dated February 22, 2002 on the vessel VICKSBURG executed by Australia to Agent on behalf of the Banks pursuant to which Australia mortgaged the VICKSBURG to the Banks to secure its obligations under this Agreement and under the Guaranty, and (B) that certain Ship Mortgage dated of even date herewith on the vessel ATWOOD SOUTHERN CROSS executed by Australia to Agent on xxxxlf of the Banks pursuant to which Australia mortgages the ATWOOD SOUTHERN CROSS to the Banks to secure its obligations under this Agreement and its Guaranty."
Sample 1

Examples of First Ship in a sentence

  • For the purposes of recording this First Ship --------- Mortgage as required by the __________________________________, as amended, the total amount of this Mortgage is (i) ______________________________________ and (ii) interest, Make-Whole Amount, if any, and performance of mortgage covenants.

  • First Ship Lease Trust (the “Trust”) is a Singapore-domiciled business trust constituted pursuant to a Deed of Trust dated 19 March 2007 as amended and supplemented from time to time (the “Trust Deed”) with FSL Trust Management Pte.

  • The Directors may impose such terms and conditions, which are not inconsistent with the Unit Buy-back Mandate and Clause 6A of the Trust Deed, as they consider fit in the interests of First Ship Lease Trust in connection with or in relation to an equal access scheme(s).

  • Consequently, a Unitholder or a group of Unitholders acting in concert could obtain or consolidate effective control of First Ship Lease Trust and become obliged to make an offer under Rule 14 of the Take-over Code.

  • Applying the Take-over Code to First Ship Lease Trust, to the extent possible, persons acting in concert comprise individuals or companies who, pursuant to an agreement or understanding (whether formal or informal), co-operate, through the acquisition by any of them of Units (or otherwise), to obtain or consolidate effective control of First Ship Lease Trust.

  • Thirty (30) months after the commercial release of any Microsoft Controlled Video Platform that is Enabled for Wink ("First Ship Date"), Microsoft shall have the option of ending its obligations under Section 2.1.2 and 2.1.3 by providing Wink with six (6) months advanced written notice of such intent.

  • Ltd., in its capacity as trustee-manager of First Ship Lease Trust (“FSLT”, and as trustee-manager of FSLT, the “Trustee-Manager”) refers to the announcement made on 7 June 2019 (the “Offer Announcement”) by CEL Impetus Corporate Finance Pte Ltd, (“CICF”) for and on behalf of FSL Holdings Pte.

  • At the annual general meeting of First Ship Lease Trust held on 8 April 2013 (the “2013 AGM”), Unitholders had authorised and approved the renewal of a general and unconditional mandate to permit the Trustee-Manager to purchase Units for and on behalf of First Ship Lease Trust from time to time (the “Unit Buy-back Mandate”).

  • If the prices quoted by the Bidder are subject to adjustment during the performance of the Contract in accordance with the provisions of the Conditions of Contract, the Bidder shall furnish the indices and weightings for the price adjustment formulae in the Schedule of Adjustment Data in Section IV (Bidding Forms) and the Employer may require the Bidder to justify its proposed indices and weightings.

  • U.S. Navy Installs 3D Printer On Their First Ship, The USS Essex.


More Definitions of First Ship

First Ship means the Ship which is first in time to be delivered;
Sample 1

Related to First Ship

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

  • Relevant Ship means the Ships and any other vessel from time to time (whether before or after the date of this Agreement) owned, managed or crewed by, or chartered to, any Relevant Party;

  • 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.

  • Ship means a vessel of any type whatsoever operating in the marine environment and includes hydrofoil boats, air-cushion vehicles, submersibles, floating craft and fixed or floating platforms.

  • railway undertaking means any public or private undertaking licensed according to this Directive, the principal business of which is to provide services for the transport of goods and/or passengers by rail with a requirement that the undertaking ensure traction; this also includes undertakings which provide traction only;

  • Ship Mortgage means a Ship Mortgage or Additional Ship Mortgage substantially in the form of Exhibit E-2 to the 2008 Credit Agreement (with such changes as are reasonably consented to by the Collateral Agent to account for local law matters) made by the applicable Loan Party in favor of Collateral Agent for the benefit of the Secured Parties, as the same may be amended, supplemented or otherwise modified from time to time, together with an Earnings Assignment and an Insurance Assignment made by the applicable Loan Party for each Mortgaged Vessel, and such other agreements reasonably acceptable to Collateral Agent as shall be necessary to comply with applicable requirements of law and effective to grant in favor of Collateral Agent for the benefit of the Secured Parties a first preferred mortgage within the meaning of the Ship Mortgage Act on the Mortgaged Vessel covered thereby, subject only to Permitted Liens.

  • New ship means a ship:

  • Shipbuilding Contract means the shipbuilding contract dated 30 March 2011 and made between the Builder and the Borrower for the construction by the Builder of the Ship and its purchase by the Borrower as supplemented and amended from time to time;

  • cargo ship means any ship which is not a passenger ship;

  • 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.

  • Main Contract means the contract between the Employer and the Contractor for the carrying out and completion of the Works.

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

  • Construction Completion Date means the Completion Date of the Construction as specified in the Statutory Declaration of Completion for the Project;

  • Mortgage Addendum means the addendum to the Mortgage in the agreed form.

  • Construction Completion means physical construction of a cleanup action component is complete.

  • Main Contractor means the contractor with a direct contractual relationship with the employer of the construction contract.

  • Drop shipment means the sale of a prescription drug to a

  • CFA Charter means the charter earned through the Chartered Financial Analyst program prepared and administered by the CFA Institute and so named on the day this Instrument comes into force, and every program that preceded that program, or succeeded that program, that does not have a significantly reduced scope and content when compared to the scope and content of the first-mentioned program;

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

  • Classification Society or “Class” means the Society referred to in line 4.

  • Approved Petroleum Engineer means any reputable firm of independent petroleum engineers as shall be selected by Borrower and approved by Administrative Agent, such approval not to be unreasonably withheld.

  • Charter Agreement means an agreement made in accordance with Section 53G-5-303 that authorizes the operation of a charter school.

  • Approved Petroleum Engineers means (a) Netherland, Xxxxxx & Associates, Inc., (b) Xxxxx Xxxxx Company Petroleum Consultants, L.P. and (c) any other independent petroleum engineers reasonably acceptable to the Administrative Agent.

  • International shipment means the transportation of hazardous waste into or out of the jurisdiction of the United States.

  • Charter Assignment means a specific assignment of any Extended Employment Contract required to be executed hereunder by either Owner in favour of the Bank (including any notices and/or acknowledgements and/or undertakings associated therewith) in such form as the Bank may require in its sole discretion;

  • Construction sign means a sign which identifies the architect, engineers, contractors and other individuals or firms involved with the construction of a building, or announces the character of the building or enterprise, which is erected during the building construction period.