ISM Company definition

ISM Company means, at any given time, the company responsible for a Vessel's compliance with the ISM Code under paragraph 1.1.2 of the ISM Code.
Sample 1Sample 2Sample 3
ISM Company means the legal entity managing the Vessel in compliance with the International Safety Management (ISM) and International Ship and Port Facility (ISPS) Codes.
Sample 1Sample 2
ISM Company means, at any given time, the company responsible for a Vessel's or (as the case may be) the Collateral Vessel's compliance with the ISM Code under paragraph 1.1.2 of the ISM Code.
Sample 1Sample 2

Examples of ISM Company in a sentence

  • When the Crew/Employee(s) are working on-board the Vessel, they shall be bound by the rules and guidelines laid down by HCOL and the ISM Company.

  • The bareboat charterer of the Vessel identified in paragraph (2) below (the “Bareboat Charterer”) declares that the organisation identified in paragraph (3) below (being the Vessel’s technical manager and ISM Company) (the “Organisation) is duly authorised by the Bareboat Charterer, as authorised by NML OASEA LLC, being the Registered Shipowner of the Vessel (the “Registered Shipowner”), to take all steps necessary to ensure compliance of the Vessel with the MRV and EU ETS Obligations.

  • The ISM Company should make clear definitions within its Safety Management procedures where a junior officer that works under the instructions of a Senior Officer is expected to undertake such “immediate responsibility.” This may be, for example, in circumstances where an officer in nominal overall control is unavailable through limitation of hours of work or rest procedures.

  • Views and assessments of these collaborative governance processes are rather divergent in general.

  • It implies that the responsibilities of the ISM Company become somewhat expanded in scope.

  • Declaration of Commitment to Comply with Conservation and Management Measures I, the undersigned of name of DPA name of ISM Company and on behalf of hereby confirm that the Ownername of owner/company agrees to comply with the duties and obligations in accordance with the Conservation and Management Measures (CMMs) of Regional Fisheries Management Organizations (RFMOs)which is /will be operating.

  • Declaration of Commitment to Comply with Conservation and Management Measures I, the undersigned of name of DPA name of ISM Company and on behalf of hereby confirm that the Owner agrees toname of Owner/Company comply with the duties and obligations in accordance with the Conservation and Management Measures (CMMs) of the Regional Fisheries Management Organizations (RFMOs) which is /will be operating.

  • The ISM Company should make clear definitions within its Safety Management procedures (fuel and bunkering operations) where a junior officer that works under the instructions of the chief Engineer is expected to undertake such “immediate responsibility.” This may be, for example, in circumstances where an officer in nominal overall control is unavailable through limitation of hours of work or rest procedures.


More Definitions of ISM Company

ISM Company means the owner of the ship or any other organisation or person such as the manager, or the bareboat charterer, who has assumed the responsibility for operation of the ship from the ship owner and who, on assuming such responsibility, has agreed to take over all duties and responsibility imposed by the ISM Code;
Sample 1Sample 2
ISM Company means, at any given time, the company responsible for a Vessel's compliance with the ISM Code under paragraph 1.1.2 of the ISM Code. LONLIVE\26142366.7 Page 11
Sample 1
ISM Company means, at any given time, the company responsible for a Collateral Vessel's compliance with the ISM Code under paragraph 1.1.2 of the ISM Code. "ISPS Code" means the International Ship and Port Facility Security Code. "ISPS Company" means, at any given time, the company responsible for a Collateral Vessel's compliance with the ISPS Code. "ISSC" means a valid international ship security certificate for a Collateral Vessel issued under the ISPS Code. "law" or "Law" means any law, statute, treaty, convention, regulation, instrument or other subordinate legislation or other legislative or quasi-legislative rule or measure, or any order or decree of any government, judicial or public or other body or authority, or any directive, code of practice, circular, guidance note or other direction issued by any competent authority or agency (whether or not having the force of law). "Loan" means the aggregate amount of the reducing revolving credit facility advanced or to be advanced by the Lenders to the Borrower under Clause 2 (being the aggregate of the Drawings) or, where the context permits, the amount advanced and for the time being out-standing. "Loan Outstanding" means the total of all Drawings made at that time, to the extent not reduced by repayments, prepayments, cancellations and voluntary reductions. "Majority Lenders" means a Lender or Lenders whose Commitments aggregate equal to or greater than 662/3% of the Total Commitments (or, if the Total Commitments have been reduced to zero, aggregated more than 662/3% of the Total Commitments immediately prior to the reduction). "Management Agreements" means the agreement(s) for the commercial and/or technical management of the Collateral Vessels entered into between (i) the Collateral Owners and (ii) the Approved Managers (unless the Approved Manager is the Borrower, Teekay, Teekay Marine (Singapore) Pte. Ltd. or any other member of the Borrower Group or the Teekay Group). "Managers' Confirmations" means the written confirmations of the Approved Managers (unless the Approved Managers are the Borrower, Teekay, Teekay Marine (Singapore) Pte. Ltd. or any other member of the Borrower Group or the Teekay Group) that throughout the Facility Period unless otherwise agreed by the Agent: (a) they will not, without the prior written consent of the Agent, subcontract or delegate the commercial or technical management of the Collateral Vessels (as the case may be) to any third party; and (b) following the occurrence of an Eve...
Sample 1
ISM Company means, at any given time, the company responsible for a Vessel's compliance with the ISM Code under paragraph
Sample 1

Related to ISM Company

  • ISM Code means the International Management Code for the Safe Operation of Ships and for Pollution Prevention.

  • Production company means a person or entity engaged in the business of making motion picture, television, or radio images for theatrical, commercial, advertising, or education purposes; Reserved

  • HK Company shall have the meaning ascribed to it in the preamble of this Agreement.

  • Carnival means an enterprise offering amusement or entertainment to the public in, upon, or by means of amusement devices or rides or concession booths.

  • Associated Company means any legal entity of which a person or company has direct or indirect Control and only as long as a person or company maintains direct or indirect Control.

  • Associated Entity means an entity that is not part of the law practice but which provides legal or administrative services to a law practice, including but not limited to:

  • Group Company means any one of them;

  • Associated Companies : means any agent with delegated authority under Section 20 of these Terms and Conditions.

  • Relevant Company means VFVN, and any corporation or company derived from or resulting or surviving from the merger, consolidation, amalgamation, reconstruction or acquisition of VFVN with, into or by such other corporation or company, and any other entity, all or part of the share capital of which is, or all or some of the Securities are, at the relevant time included in the Exchange Property.

  • Existing ship means a ship which is not a new ship.

  • Eligible production company means that term as defined under section 455 of the Michigan business tax act, 2007 PA 36, MCL 208.1455.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • WREGIS Operating Rules means those operating rules and requirements adopted by WREGIS as of December 2010, as subsequently amended, supplemented or replaced (in whole or in part) from time to time.

  • Material Group Company means the Issuer or a Subsidiary representing more than 5.00 per cent. of either (i) the total assets of the Group on a consolidated basis (for the avoidance of doubt, excluding any intra-group transactions) or (ii) the net profit of the Group on a consolidated basis according to the latest Financial Report.

  • co-operative society means a body registered in India under the Co-operative Societies Act, 1912;

  • Buyer’s Group means the Buyer, any subsidiary of the Buyer, any holding company of the Buyer and any subsidiary of any holding company of the Buyer, from time to time.

  • Transportation network company means a company or organization facilitating and/or providing transportation services using a computer or digital application or platform to connect or match passengers with drivers for compensation or a fee.

  • AGLC means the Alberta Gaming and Liquor Commission.

  • Relevant Ship means the Ships and any other vessel from time to time (whether before or after the date of this Agreement) owned, managed or crewed by, or chartered to, any Relevant Party;

  • Target Company means each of the Company and its direct and indirect Subsidiaries.

  • boycott energy companies means, without an ordinary business purpose, refusing to deal with, terminating business activities with, or otherwise taking any action that is intended to penalize, inflict economic harm on, or limit commercial relations with a company because the company:

  • Transportation Company means any organization which provides its own or its leased vehicles for transportation or which provides freight forwarding or air express services.

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

  • Amateur radio operator means a person licensed by the Federal Communications Commission to engage in private and experimental two-way radio operation on the amateur band radio frequencies.

  • Corporate Group means the Corporation and its Subsidiaries treated as a single consolidated entity.

  • BPSAA means the Broader Public Sector Accountability Act, 2010 and regulations made under it, as it and they may be amended from time to time;