MARAD Vessels definition

MARAD Vessels means the Global Pioneer (Official Number 1040503), the Man-o-War (Official Number 1045921), the Kingfish (Official Number 1049274), the L-400 (Official Number 1056079), the CB-6 (Official Number 1048400) and the DB Hercules (Official Number 635).
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MARAD Vessels means collectively the sea going vessels and tankers owned by TMI, documented in the United States, and set forth and identified as such on Schedule 3.19 (which Schedule identifies the flag, registry, area of operation, and official number of each such vessel and tanker), which Schedule shall be supplemented from time to time after the date hereof to include any sea going vessels and tankers owned by TMI, documented in the United States, and acquired after the date hereof.
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MARAD Vessels means the Amethyst IV and the Amethyst V.
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Examples of MARAD Vessels in a sentence

  • The Credit Parties will use their best reasonable efforts to obtain the MARAD consents that are required to permit TMI to be a Guarantor and to give effect to TMI’s grant of security interests in the MARAD Vessels pursuant to Section 10.1.


More Definitions of MARAD Vessels

MARAD Vessels means, collectively, the Vessels listed on Exhibit A to this Schedule 1.01.
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Related to MARAD Vessels

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

  • 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”);

  • 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.

  • 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:

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

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

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

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

  • 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;

  • Pressure vessel means containers for the containment of pressure, either internal or external. This pressure may be obtained from an external source or by the application of heat from a direct or indirect source, or any combination thereof.

  • Documented vessel means a vessel documented under chapter 121, title 46, United States Code or a vessel for which an application for such docu- mentation is pending.

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

  • Tanker in relation to chapter 4 means an oil tanker as defined in MARPOL Annex I, regulation 1 or a chemical tanker or an NLS tanker as defined in MARPOL Annex II, regulation 1.

  • Ships means any or all of them;