Examples of Initial Ship in a sentence
A duly executed original of the Mortgage and the General Assignment in respect of the Relevant Initial Ship and of each document to be delivered under or pursuant to each of them together with documentary evidence that the Mortgage in respect of the Relevant Initial Ship has been duly registered as a valid first preferred or priority (as applicable) ship mortgage in accordance with the laws of the jurisdiction of its Approved Flag.
The System installed on the Initial Ship and to be installed by SeaVision on the Additional Ships shall consist of such hardware and software (a listing of which hardware and software shall also be included on Exhibit C attached hereto) as shall be determined and mutually agreed upon by the parties.
There are no rebates, commissions or other payments in connection with the Initial Ship C Charter other than those referred to in it.
In relation to each Initial Ship, evidence that any existing registered mortgages on each Ship shall be discharged and evidence that the Mortgage in respect of each Ship has been (or will, on the Effective Date, be) registered against the relevant Ship through the relevant Registry under the laws and flag of the relevant Flag State.
The last installment of each Advance in respect of an Initial Ship shall be repaid on the Applicable Maturity Date for such Advance.
NCL hereby acknowledges and agrees that the System Hardware and certain of the interactive modules of the Software are installed on the Initial Ship and, as of the date of this Agreement, the Hardware and such installed modules of the Software are performing satisfactorily.
The installation of the System on the Initial Ship will be in accordance with the implementation schedule attached hereto as Exhibit D (the "Implementation Schedule").
SeaVision desires to provide to Carnival, and Carnival desires to obtain from SeaVision, the aforementioned interactive television services for use aboard M/S Imagination (the "Initial Ship") and such other Carnival Cruise Line-brand cruise vessels owned or operated by Carnival or Carnival-owned or Carnival-managed companies as, from time to time, may be designated by Carnival (all such cruise vessels, collectively, the "Ships" and individually, a "Ship").
Neither the Owner of Ship C nor (so far as that Owner is aware) any other person is in breach of any material provisions of the Charter Documents relating to Initial Ship C Charter to which it is a party nor has anything occurred which entitles or may entitle any party to rescind or terminate it or decline to perform their obligations under it.
The first installment of each Advance in respect of an Initial Ship (other than BULK JXXXXXX) shall be repaid on July 19, 2013.