Maritime Registry definition
Maritime Registry means the maritime registry which the Borrower will specify to the Lenders no later than three (3) months before the Intended Delivery Date, being that of the Bahamas or such other registry as the Lenders may in their discretion agree.
Maritime Registry means the Bahamas maritime registry or such other registry as the Lenders may in their discretion agree.
Maritime Registry initially means the Malta Maritime Authority, but after initial registration of the Vessel shall mean any of the following jurisdictions wherein the Vessel is at the time registered:
Examples of Maritime Registry in a sentence
The Borrower shall maintain the registration of the Ship under and fly the flag of the Maritime Registry and not do or permit anything to be done whereby such registration may be forfeited or imperilled.
More Definitions of Maritime Registry
Maritime Registry means the maritime registry which the Borrower will specify to the Lenders no later than three months before the Intended Delivery Date, being that of the Republic of Liberia or such other registry as the Lenders may in their discretion agree.
Maritime Registry means the maritime registry which the Borrower will specify to the Lenders no later than 90 daysbefore the Intended Delivery Date, being that of an Approved Flag.
Maritime Registry means the maritime registry which the Borrower will specify to the Lenders no later than three months before the Intended Delivery Date, being that of the Republic of Liberia or such other registry as the Lenders may in their discretion agree. "MATURITY DATE" means the date on which a Promissory Note is payable. "MORTGAGES" means the two maritime (preferred) mortgages over the Vessel sharing same first priority in favor of each of the Lenders, to be granted as provided for in Article XVII hereof and to be in the agreed form. "PROMISSORY NOTE(S)" means one or more of the promissory notes referred to in Article V hereof. "PROTOCOL OF DELIVERY AND ACCEPTANCE" means the protocol of delivery and acceptance of the Vessel to be signed by the Borrower and the Supplier in accordance with Article VI.2 of the Contract. "STATE OF REGISTRATION" means the Republic of Liberia, or such other state as the Lenders may in their discretion agree. "SUBSIDIARY" means with respect to the Guarantor, any corporation of which more than 50% of the outstanding capital stock having ordinary voting power to elect a majority of the board of directors of such corporation (irrespective of whether at the time capital stock of any other class or classes of such corporation shall or might have voting power upon the occurrence of any contingency) is at the time directly owned by the Guarantor, by the Guarantor and one or more other Subsidiaries of the Guarantor, or by one or more other Subsidiaries of the Guarantor. 5 <PAGE> "SUPPLIER" means Chantiers de l'Atlantique SA, a company incorporated in France under registration N(degree) RCS Paris B 347 951 204 and having its registered office at ▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇. "TOTAL LOSS" means the actual or constructive or compromised or agreed or arranged total loss of the Vessel, including any such total loss as may arise during a requisition for hire. "TOTAL LOSS DATE" means: (i) in the case of an actual total loss of the Vessel, the actual date on which the Vessel was lost or, if such date is not known, the date on which the Vessel was last reported; or (ii) in the case of a constructive total loss of the Vessel, or in the case of a compromised or arranged total loss of the Vessel, the date of the event giving rise to the claim for such constructive total loss or to the claim for a compromised or arranged total loss. "VESSEL" means the passenger cruise vessel referred to in Whereas A of this Agreement and more specially described in ...
Maritime Registry means the maritime registry which the Borrower will specify to the Lenders no later than three (3) months before the Intended Delivery Date, being that of the Marshall Islands, Bahamas or such other registry as the Agent may, with the authorisation of the Majority Lenders and SACE, approve.