First Vessel definition

First Vessel means a handysize dry bulk carrier of approximately 27,827dwt built in 1997 named “Torm Arawa”. The present flag of the First Vessel is Singapore and the place of registration is Singapore. The Classification Society of the vessel is Lloyd’s Register of Shipping;

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First Vessel means a handysize dry bulk carrier of approximately 28,433dwt, named “Cape Flattery”.

First Vessel. ’ means a handysize dry bulk carrier of 28,527 dwt built in 1998 named ‘‘Ansac Harmony’’. The present flag of the First Vessel is Hong Kong and the place of registration is Hong Kong. The Classification Society of the vessel is Nippon Kaiji Kyokai;

Examples of First Vessel in a sentence

• ADDITIONAL SHIPS The parties acknowledge that prior to the acquisition of the First Vessel, ▇▇▇▇▇ was actively tracking the availability of and working to acquire ships for a cruise timeshare business other than, prior to and during MGV's negotiation to acquire the First Vessel, including entering into tentative related tentative arrangements ("Tentative Arrangements).

• Based on the purchase price of the First Vessel and the net book value of the Second Vessel as at 31 December 2007 as described above, the Group would realize a total book gain, after estimated expenses, of approximately US$19.7 million on disposal of the First Vessel and the Second Vessel.

• The parties hereby consent to the re-naming of the First Vessel to "Squamish Voyager", provided such change does not materially add to the costs of the Project.

• Following the full and final payment of all MGV financing related to the First Vessel and the Project, the termination rights contained in this Section 11A(d) shall be changed to read that 50% shall be substituted for 75%.

• Each of the First Vendor and the Second Vendor is a special purpose company for holding the First Vessel and the Second Vessel respectively.

• Refund guarantees will be issued by JSTY's bank in favour of each of ▇▇▇▇▇▇ and Jinlang respectively whereby JSTY's bank will guarantee the refund of any sum received by JSTY to each of ▇▇▇▇▇▇ and ▇▇▇▇▇▇▇ respectively if the delivery of any of the First Vessel and the Second Vessel is not effected according to the agreed date of delivery respectively.

• If there is any delay in delivery of the First Vessel or the Second Vessel which continues for a period of 210 days from the agreed delivery date, then after such period has expired, Jinmei or Jinlang (as the case may be) may at its option rescind the First Agreement or the Second Agreement (as the case may be).

• MGC shall charter the First Vessel to the Association pursuant to the terms of a Bareboat Charter Agreement.

• T▇▇ ▇▇▇▇▇istrative Agent shall have received evidence satisfactory to it and to its legal advisor that, save for the liens created by the Mortgage and the Assignments, there are no liens, charges or encumbrances of any kind whatsoever on the First Vessel or on its earnings except as permitted hereby or by any of the Security Documents.

• The First Vessel is a Supramax of deadweight 53,514 metric tons, built in February 2008 and registered in Hong Kong.

More Definitions of First Vessel

First Vessel means the First Vessel listed on Schedule III hereto, registered in the name of Enterprise;

First Vessel means the DANIEL K. INOUYE, Official Number 1274136.

First Vessel means the ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, Official Number 1274136. ​ Relating to Contract No. MA-14454 Page 3 ​

First Vessel. ’ means a cruiser vessel named as ‘‘Graceful Place’’ acquired

First Vessel. ’ means a handysize dry bulk carrier of 28,799 dwt built in 1997