Flotsam definition

Flotsam means goods lost from a ship which has sunk or otherwise perished which are recoverable by reason of their remaining afloat.
Sample 1Sample 2Sample 3
Flotsam. Snoopy" and "Tsunami" and any error corrections or updates prior to the Closing.
Sample 1

Examples of Flotsam in a sentence

  • The Company and its subsidiaries carry on the business of mineral exploration and development in Canada and elsewhere and the Company wishes to retain Flotsam as an independent contractor to provide certain management and administrative consulting services to the Company on the terms and conditions of this Agreement.

  • In addition to the Base Fee and Signing Bonus provided for in Section 3.1 and 3.2 hereof, Flotsam shall be eligible for an incentive fee (the “Incentive Fee”).

  • Such Incentive Fee may be satisfied in whole or in part by payments from the Company’s subsidiaries and may be payable in shares of the Company at the option of the Flotsam.

  • At the option of Flotsam or the Company at any time within 60 days following a change of control (a “Change of Control”).

  • The Company hereby retains and engages Flotsam and Flotsam hereby accepts such retainer and engagement to perform the services described in Section 2 hereof on the terms and conditions hereinafter set forth (the “Engagement”).

  • Flotsam and its directors, officers, employees and agents will use the Information only for the purpose of assessing and furthering their own knowledge of the Company's business and affairs in order to provide the services under the Engagement and for no other purpose.

  • The Company acknowledges that the Designated Representative has a contractual right with Flotsam to an absence of four weeks per calendar year without any reduction of the Basic Fee.

  • In the absence of consent by the Company, which shall not be unreasonably withheld, none of the rights of Flotsam to receive any form of fees or compensation payable pursuant to this Agreement shall be assignable or transferable.

  • The Company will pay Flotsam a one-time signing bonus (the “Signing Bonus”) of C$250,000 plus GST payable by March 30, 2020.

  • The Engagement to be performed by Flotsam will be performed only by Cxxxx Xxxxxxx (the “Designated Representative”), who will be granted the executive title of Chief Executive Officer to facilitate the fulfilment of the Engagement hereunder.

Related to Flotsam

  • We/Us/Our means TATA AIG General Insurance Company Limited.

  • Roomer means a person occupying a dwelling unit that lacks a major bathroom or kitchen facility, in a structure where one or more major facilities are used in common by occupants of the dwelling unit and other dwelling units. Major facility in the case of a bathroom means toilet, or either a bath or shower, and in the case of a kitchen means refrigerator, stove or sink.

  • Tabarru’ means donation for the purpose of solidarity and cooperation among the Takaful Participants and to be used to help all Takaful Participants in times of misfortune. In the context of the Company, Tabarru’ will be allocated into the Participants’ Risk Fund.

  • snippet means the Guarantee and Collateral Agreement, as amended, supplemented or otherwise modified from time to time, in the form of Exhibit E, among Holdings, the Borrower, each Subsidiary Loan Party and the Administrative Agent.","snippetLinks":[{"key":"guarantee-and-collateral-agreement","type":"clause","offset":[10,44]},{"key":"as-amended","type":"definition","offset":[46,56]},{"key":"otherwise- modified","type":"clause","offset":[74,92]},{"key":"from-time-to-time","type":"clause","offset":[93,110]},{"key":"form-of","type":"clause","offset":[119,126]},{"key":"exhibit-e","type":"clause","offset":[127,136]},{"key":"holdings","type":"clause","offset":[144,152]},{"key":"the-borrower","type":"clause","offset":[154,166]},{"key":"subsidiary-loan- party","type":"definition","offset":[173,194]},{"key":"the-administrative-agent","type":"clause","offset":[199,223]}],"hash":"61aabf5edc0e717dd017e870877aba2d","id":5},{"size":55,"samples":[{"uri":"/contracts/dcqI4XJ9kpY#collateral-agreement","label":"Credit Agreement (AGA Medical Holdings, Inc.)","score":21},

  • Panchayat means an institution (by whatever name called) of self-government constituted under article 243B, for the rural areas;

  • Seaplane means an aeroplane capable normally of taking off from and alighting solely on water;

  • PETE means polyethylene terephthalate, labeled by the SPI code #1.

  • Toddler means a child at least one year of age but less than 2 years of age.

  • NATA means the National Association of Testing Authorities, Australia;

  • seaman means any person forming part of the crew of any 6*** ship, but does not include the master of 7*[the] ship;

  • Graywater means untreated wastewater that has not been contaminated by any toilet discharge, has not been affected by infectious, contaminated, or unhealthy bodily wastes, and does not present a threat from contamination by unhealthful processing, manufacturing, or operating wastes. "Graywater" includes, but is not limited to, wastewater from bathtubs, showers, bathroom washbasins, clothes washing machines, and laundry tubs, but does not include wastewater from kitchen sinks or dishwashers. Health and Safety Code Section 17922.12.

  • Drywell means an unlined or partially lined underground pit (regardless of geometry) into which drainage from roofs, basement floors, water softeners or other non-wastewater sources is discharged and from which the liquid seeps into the surrounding soil.

  • Summer Season in any year, means the Season commencing on 01 April in that year;

  • Salmon means Pacific Salmon of the species Oncorhynchus nerka including sockeye; Oncorhynchus kisutch including coho; Oncorhynchus gorbuscha including pink; Oncorhynchus keta including chum; and Oncorhynchus tshawytcha including chinook; anadromous whitefish and cisco (Coregonidae spp.); and anadromous Arctic char (Salvelinus alpinus).

  • Slavery means the status or condition of a person over whom any or all the powers attaching to the right of ownership are exercised;

  • SAM means the federal System for Award Management (SAM); which is the federal repository into which an entity must provide information required for the conduct of business as a recipient. 2 CFR 25 Appendix A (1)(C)(1).

  • Façade means the principal front or fronts of a building.

  • Crane means any self-propelled vehicle to which has been permanently mounted or attached any crane, whether or not such vehicle was originally a truck, tractor, or other type of motor vehicle or was designed and built as a complete crane unit. However, the word "crane," as herein defined, shall not be construed to mean any truck or other vehicle equipped with or to which has been affixed any device used for the purpose of providing a means for towing other vehicles.

  • Flowgate means a representative modeling of facilities or groups of facilities that may act as potential constraint points.

  • STSMA means the Sectional Titles Schemes Management Act 8 of 2011, as amended and include the Regulations issued under the said act;

  • EMMA means the Electronic Municipal Market Access system as described in 1934 Act Release No. 59062 and maintained by the MSRB for purposes of the Rule.

  • NBOME means the National Board of Osteopathic Medical Examiners, an organization that prepares and administers qualifying examinations for osteopathic physicians.

  • Crown means the government of the United Kingdom (including the Northern Ireland Assembly and Executive Committee, the Scottish Executive and the National Assembly for Wales), including, but not limited to, government ministers and government departments and particular bodies, persons, commissions or agencies from time to time carrying out functions on its behalf;

  • SERFF means the system for electronic rate and form filing. SERFF is a proprietary NAIC computer-based application that allows insurers and other entities to create and submit rate, rule and form filings electronically to the commissioner.

  • WOj means the lowest performance (expressed as a percentage) among the Indices as determined by the Calculation Agent in accordance with the following formula: Mini = 1 to 2 Where:

  • Falconry means the sport of taking quarry by means of a trained raptor.