Operating Subsidiary means a majority-owned subsidiary of a financial
Shipbuilding Contract means the shipbuilding contract dated 30 March 2011 and made between the Builder and the Borrower for the construction by the Builder of the Ship and its purchase by the Borrower as supplemented and amended from time to time;
existing vessel means a vessel which is not a new vessel;
Operating Subsidiaries means, collectively, the Corporation and HST, each a wholly-owned subsidiary of the Trust, and "Operating Subsidiary" means either of the Corporation or HST, as applicable.
Subsidiary means a “subsidiary corporation,” whether now or hereafter existing, as defined in Section 424(f) of the Code.
Project Financing Subsidiary means any Restricted Subsidiary of the Borrower (or any other Person in which Borrower directly or indirectly owns a 50% or less interest) whose principal purpose is to incur Project Financing or to become an owner of interests in a Person so created to conduct the business activities for which such Project Financing was incurred, and substantially all the fixed assets of which Subsidiary or Person are those fixed assets being financed (or to be financed) in whole or in part by one or more Project Financings.
HK Company shall have the meaning ascribed to it in the preamble of this Agreement.
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.
Vessel means the vessel/craft belonging to the Contractor for carrying out the work.
foreign fishing vessel means any fishing vessel other than a local fishing vessel;
Existing ship means a ship which is not a new ship.
UK Subsidiary means a Subsidiary organized under the laws of England and Wales.
fishing vessel means a vessel used for catching fish, whales, seals, walrus or other living resources of the sea;
Corporate Guarantor means Navios Maritime Holdings Inc., a company incorporated in the Xxxxxxxx Islands and having its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Xxxxxxxx Xxxxxxx, XX00000;
Participating Subsidiaries means the Subsidiaries that have been designated as eligible to participate in the Plan, and such other Subsidiaries that may be designated by the Committee from time to time in its sole discretion.
Group Member means a member of the Partnership Group.
Participating Subsidiary means a Subsidiary which has been designated by the Administrator as covered by the Plan.