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”.
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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;
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Examples of First Vessel in a sentence

  • However, the actual book gain which the Group would realize upon completion of the Disposal will depend on the actual net book values of the First Vessel and the Second Vessel as at their respective dates of delivery in accordance with the Group’s depreciation policy for its vessels as shown in the Company’s annual report.

  • Txx Xxxxxistrative 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.

  • RiskConsequenceControls requiredNot effectively managing budgets could lead to overspending.Possible legal challenge, audit qualification and ultra vires expenditure.Scrutiny of budgets through review of monitoring reports.

  • Provided, however, that this termination right shall only be applicable for so long as any MGV financing for the First Vessel and the Project remains unpaid.

  • As the First Vessel began operation in September 2010 and the Second Vessel began operation in February 2011, the contribution from this business segment was minimal in 2010.

  • 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%.

  • 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).

  • The flag of the First Vessel is presently Hong Kong and the place of registration is Hong Kong.

  • 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 a cruiser vessel named as ‘‘Graceful Place’’ acquired
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First Vessel means the XXXXXX X. XXXXXX, Official Number 1274136. ​ Relating to Contract No. MA-14454 Page 3 ​
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First Vessel means the DANIEL K. INOUYE, Official Number 1274136.
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First Vessel. ’ means a handysize dry bulk carrier of 28,799 dwt built in 1997
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First Vessel means the First Vessel listed on Schedule III hereto, registered in the name of Enterprise;
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Related to First Vessel

  • 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.

  • Tank vessel means a ship that is constructed or adapted to carry, or that carries, oil in bulk as cargo or cargo residue, and that:

  • Fleet Vessels means all of the vessels (including, but not limited to, the Ships) from time to time wholly owned by members of the Group (each a “Fleet Vessel”);

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

  • 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.

  • The Vessel means the vessel named in Box 5 and with particulars as stated in Boxes 6 to 12.

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

  • existing vessel means a vessel that is not a new fishing vessel.

  • 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;

  • Cargo vessel means a self-propelled ship in commerce, other than a tank vessel or a passenger vessel, three hundred or more gross tons, including but not limited to, commercial fish processing vessels and freighters.

  • Vessels shall have the meaning set forth in the recitals.

  • Covered vessel means a tank vessel, cargo vessel, or passenger vessel.

  • Passenger vessel means any boat, ship, vessel,

  • Commercial vessel means any vessel not owned and operated by the United States military or the United States Coast Guard.

  • Mortgaged Vessel means, at any relevant time, any Vessel which is at such time subject to a Mortgage and a Vessel shall, for the purposes of this Agreement, be regarded as a Mortgaged Vessel as from the date on which the Mortgage of that Vessel has been executed and registered in accordance with this Agreement until whichever shall be the earlier of (i) the payment in full of the amount required to be paid to the Agent pursuant to clause 4.3 or 4.5 following the Total Loss or sale respectively of such Vessel and (ii) the end of the Facility Period;

  • Pressure vessel means a vessel that may be used for containing, storing, distributing, transferring, distilling, processing or otherwise handling any gas, vapour or liquid under pressure greater than the atmospheric pressure and includes any pipeline fitting or other equipment attached thereto or used in connection therewith; and

  • Delivery vessel means tank trucks or trailers equipped with a storage tank and used for the transport of gasoline from sources of supply to stationary tanks of gasoline dispensing facilities.

  • fishing vessel means a vessel used for catching fish, whales, seals, walrus or other living resources of the sea;

  • Recreational vessel means a vessel—

  • Documented vessel means a vessel documented under chapter 121, title 46, United States Code or a vessel for which an application for such docu- mentation is pending.

  • 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.

  • 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 vessel means any vessel other than a coastal vessel.

  • storage vessel means a pressure vessel as defined in the Regulations for Pressure Vessels made under the Occupational Health and Safety Act;

  • Foreign-going vessel means any vessel other than coastal vessel.

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