Group Vessels definition

Group Vessels means any vessel (including, but not limited to, the Ships) from time to time owned by any member of the Group (each a “Group Vessel”);
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Group Vessels means, together, at any relevant time, the Fleet Vessels and JV Vessels from time to time, and in the singular, means any of them;
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Group Vessels in Schedule 3 to the Danaos Guarantee shall be amended by deleting the words “collectively the Vessels and any other vessels including vessels under construction or owned or, in the case of a vessel under construction, ordered by” and inserting the words “the vessels owned by and registered (or to be owned by and registered) in the name of”;
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Examples of Group Vessels in a sentence

  • The first combinatorial feature encodes what part of speech the morpheme combines with on its left, what it takes.

  • Impairment of long-lived Asset Group: Vessels, other fixed assets and other long-lived assets held and used by Navios Acquisition are reviewed periodically for potential impairment whenever events or changes in circumstances indicate that the carrying amount of a particular asset may not be fully recoverable.

  • ZICO shall not release the original unencumbered title deeds of the Sudirman Group Vessels and the Auctioned Vessel save as provided for in the New Term Sheet and the New Settlement Agreement.

  • The sale prices of the Sudirman Group Vessels and PT MIS Vessels are based on the market valuation of 13 vessels which the Company obtained from Xxxxxxx & Bisset (Asia) Pte Ltd on 16 December 2019.

  • For the purpose of the Security Documents, the Borrower irrevocably and unconditionally agrees to accept any and all valuations determining the market value of a Vessel or any other Group Vessel obtained pursuant to this Clause 17.11 (Market Value Determination) and such determination shall be conclusive evidence of a Vessel's or any other Group Vessel's (as the case may be) market value at the date of such valuation.

  • Group Vessels Leasehold improvements NOTES TO THEFINANCIAL STATEMENTSFOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2015 3.

Related to Group Vessels

  • 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”);

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

  • 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.

  • Passenger vessel means any boat, ship, vessel,

  • 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:

  • 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;

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

  • 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.

  • 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.

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

  • Recreational vessel means a vessel—

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

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

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

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

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

  • Mortgaged Ship means a Ship which is subject to a Mortgage at the relevant time and, in the plural, means all of them;

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

  • foreign vessel means any vessel other than a coastal vessel.

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

  • passenger ship means a ship which carries more than 12 passengers;

  • ro-ro passenger ship means a passenger ship with ro-ro spaces or special category spaces as defined in regulation II-2/3.

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

  • U.S.-flag air carrier means an air carrier holding a certificate under 49 U.S.C. Chapter 411.

  • 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