KNOT Shuttle Tankers definition

KNOT Shuttle Tankers means KNOT Shuttle Tankers AS, a company incorporated under the laws of Norway with organisation number 998 942 829 and having its registered office at Xxxxxxxxxxx 00, 0000 Xxxxxxxxx, Xxxxxx;
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KNOT Shuttle Tankers has the meaning set forth in the opening paragraph of this Agreement. “KNOT UK” has the meaning set forth in the opening paragraph of this Agreement.
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KNOT Shuttle Tankers has the meaning set forth in the opening paragraph of this Agreement.
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Examples of KNOT Shuttle Tankers in a sentence

  • Acquisition of Vigdis Knutsen On June 1, 2017, the Partnership’s wholly owned subsidiary, KNOT Shuttle Tankers AS, acquired KNOT Shuttle Tankers 25 (“KNOT 25”), the company that owns the shuttle tanker, the Vigdis Knutsen, from Knutsen NYK.

  • The ability to influence collective action or inaction is key in achieving PW objectives.

  • In connection with the Acquisition, Knutsen NYK will provide to KNOT Shuttle Tankers AS a loan in the amount of approximately $12.0 million (the “Seller’s Loan”).

  • Hilda Knutsen Refinancing On March 31, 2017, the Partnership’s subsidiary, KNOT Shuttle Tankers 14 AS, which owns the vessel Hilda Knutsen, entered into an agreement for a new $100 million senior secured term loan facility with Mitsubishi UFJ Lease & Finance (Hong Kong) Limited (the “MUL Facility”).

  • Acquisition of Vigdis Knutsen On May 16, 2017, the Partnership’s wholly owned subsidiary, KNOT Shuttle Tankers AS, entered into a share purchase agreement to acquire KNOT 25, the company that owns the shuttle tanker, Vigdis Knutsen, from Knutsen NYK.

  • Immediately following the forgoing contributions, assignments and transfers, the Partnership will own 100% of the limited liability company interests in KNOT Shuttle Tankers.

  • Acquisition of Lena Knutsen On September 29, 2017, the Partnership’s wholly owned subsidiary, KNOT Shuttle Tankers AS, acquired KNOT Shuttle Tankers 26 AS (“KNOT 26”), the company that owns the shuttle tanker, Lena Knutsen, from Knutsen NYK (the “Lena Acquisition”).

  • The Partnership hereby contributes, assigns and transfers as a capital contribution 100% of the limited liability company interest in KNOT Shuttle Tankers to KNOT UK.

  • On June 1, 2017, we acquired KNOT Shuttle Tankers 25 AS, the company that owns the shuttle tanker, the Vigdis Knutsen , from KNOT.On June 30, 2017, we issued and sold in a second private placement 1,666,667 additional Series A Preferred Units at a price of $24.00 per unit, raising approximately $38.9 million in net proceeds.

  • Acquisition of Raquel KnutsenOn November 1, 2016, the Partnership’s wholly owned subsidiary, KNOT Shuttle Tankers AS, entered into a share purchase agreement to acquire KNOT 19, the company that owns the shuttle tanker, Raquel Knutsen , from Knutsen NYK.


More Definitions of KNOT Shuttle Tankers

KNOT Shuttle Tankers means KNOT Shuttle Tankers AS, a company organized under the laws of Norway.
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KNOT Shuttle Tankers means KNOT Shuttle Tankers AS, a company incorporated under the laws of Norway with organisation number 998 942 829 and having its registered office at Smedasundet 40, 5529 Haugesund, Norway;
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