Examples of Flag State in a sentence

The relevant Owner shall use the Ship only as a civil merchant trading ship (unless by mandatory operation of law it is used for any other purpose following its requisition by the government of its Flag State and only for the duration of such requisition, but subject always to the other provisions of this Agreement and the Finance Documents).

More Definitions of Flag State

Flag State means, in relation to each Ship, the Xxxxxxxx Islands or such other state or territory designated in writing by the Bank, at the request of an Owner, as being the “Flag State” of such Owner’s Ship for the purposes of the relevant Ship Security Documents;

Flag State means the Republic of Panama or such other state or territory agreed by the Bank, at the request of the Borrowers, as the “Flag State” of the Vessels for the purposes of the Security Documents;

Flag State means Panama or any other country acceptable to the Lenders;

Flag State means the country specified in Schedule 2 (Ship information), or such other state or territory as may be approved by the Lenders, at the request of the Borrower, as being the “Flag State” for the purposes of the Finance Documents.

Flag State in relation to a ship, means the State whose flag the ship is entitled to fly;

Flag State means the Bahamas;

Flag State means such state or territory designated in writing by the Majority Banks, at the request of a Borrower, as being the “Flag State” of such Borrower’s Ship for the purposes of the relevant Ship Security Documents;