Maritime Laws definition

Maritime Laws means, collectively and without duplication, Chapters 121 and 505 of Title 46 of the United States Code and any successor or replacement statute thereto, and the regulations promulgated under such Title or successor or replacement statute or, to the extent remaining in force, under any predecessor statute, in each case as amended or supplemented from time to time. The Company represents and warrants that, assuming the accuracy of any factual information regarding Dealer that is provided by Dealer to the Company upon the Company’s request, any Shares delivered by the Company to Dealer pursuant to the Transaction shall not be Excess Shares, and the issuance and delivery of such Shares shall have been approved by the board of directors of the Company. If Dealer designates any person to receive any Shares pursuant to Section 9(t), clauses (iii), (iv) and (v) of this Section 9(k) shall apply as if such person were Dealer. If the Company is unable to deliver any Shares to Dealer as a result of this Section 9(k), notwithstanding Company’s continuing obligation to deliver such Shares as described herein, the Company may at any time following the Settlement Date, upon one Exchange Business Day’s prior written notice to Dealer, elect to deliver cash in lieu of any or all such Shares, in which case the Shares for which cash delivery has been so elected shall be valued by the Calculation Agent in a commercially reasonable manner over such time period as the Calculation Agent reasonably determines appropriate in light of the liquidity of the Shares at such time and applicable law and related regulations, policies and procedures. The Company’s right to elect cash pursuant to the foregoing sentence shall be subject to the Company giving representations, warranties and covenants customary for transactions under Rule 10b5-1 under the Exchange Act and satisfactory to Dealer. The Company shall promptly notify Dealer if at any time either (i) any purported transfer of any shares of any class or series of capital stock of the Company is void and ineffective pursuant to Section 2 of Article Twelve of the Certificate or (ii) any shares of any class or series of capital stock of the Company are “Excess Shares” pursuant to Section 3 of Article Twelve of the Certificate. The Company covenants that it shall provide prompt written notice to Dealer upon having actual knowledge that more than 10% of the aggregate Shares outstanding are owned by persons other than citizens of the United...
Maritime Laws has the meaning set forth in the Company’s Charter.
Maritime Laws means the Foreign Dredge Act of 1906, 46 U.S.C. section 55109, as amended; the Merchant Marine Act of 1920, 46 U.S.C. section 55101, et seq., as amended; the Shipping Act of 1916, 46 U.S.C. section 50501, as amended; and any other U.S. maritime, shipping, and vessel statutes, common laws, regulations and binding publications requiring or relating to the ownership or control of the Corporation for purposes of qualifying to own and operate vessels in coastwise trade as a U.S. Citizen, as the same may be amended or modified from time to time.

Examples of Maritime Laws in a sentence

  • Any amendments to the Maritime Laws or the regulations relating to the citizenship of U.S. vessel owners or operators of coastwise trade vessels are deemed to be incorporated herein by reference.

  • If the Work is performed offshore or on inland waters, notwithstanding the place of execution hereof or the place for performance of any covenant, promise or agreement herein made, this Agreement and the validity hereof, the agreements evidenced hereby, and all matters and issues arising hereunder, shall be construed pursuant to and governed by the General Maritime Laws of the United States.

  • To the extent that the Services are performed offshore, these Terms shall be governed by the General Maritime Laws of the United States.

  • This Charter shall be construed and governed by the General Maritime Laws of the United States.

  • This is an Admiralty and Maritime Dock and Dry Storage Rental Agreement under the General Maritime Laws, Statutes, and Code of the United States of America.


More Definitions of Maritime Laws

Maritime Laws has the meaning assigned to such term in Section 4.10(a).
Maritime Laws means the Shipping Act, 1916, Merchant Marine Act, 1920, and the Merchant Marine Act, 1936, all as amended, and the regulations promulgated th▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇tively.
Maritime Laws means collectively the Merchant Marine Act, 1920, as amended, the Shipping Act, 1916, as amended, 46 U.S.C. app. §292 and any other statute regulating or authorizing dredging in the navigable waters of the United States and any successor statutes thereto, and the regulations promulgated thereunder, in each case as amended or supplemented from time to time.
Maritime Laws means collectively the Merchant Marine Act, 1920, as amended, the Shipping Act, 1916, as amended, any successor statutes thereto, and the regulations promulgated thereunder, in each case as amended or supplemented from time to time.
Maritime Laws means the Merchant Marine Act of 1936, as amended, the Shipping Act, 1916, as amended and the regulations promulgated thereunder (including regulations relating to the citizenship of vessel owners), as such laws and regulations shall be amended from time to time.
Maritime Laws means the Foreign Dredge Act of 1906, 46 U.S.C. section 55109, as amended; the Merchant Marine Act of 1920, 46 U.S.C. section 55101, et seq., as amended; the
Maritime Laws means collectively those United States laws governing the ownership, documentation, and operation of United States documented vessels with coastwise trade endorsements, including the Coastwise Laws, Title 46 United States Code Chapter 121, and Title 46 United States Code Section 50501, and any successor statutes thereto, and the regulations promulgated thereunder, in each case as amended or supplemented from time to time.