MSP Operating Agreement definition

MSP Operating Agreement means the MSP Operating Agreement, pro- viding for MSP payments entered into by a Contractor and MARAD.
Sample 1Sample 2Sample 3
MSP Operating Agreement meansthe MSP Operating Agreement,providing for MSP payments entered into by a Contractor and MARAD.
Sample 1Sample 2
MSP Operating Agreement means the MSP Operating Agreement,providing for MSP payments entered into by a Contractor and the Maritime Administration.
Sample 1Sample 2

Examples of MSP Operating Agreement in a sentence

  • Each MSP Operating Agreement shall require the owner or operator of an Eli- gible Vessel included in that agree- ment to enter into an Emergency Pre- paredness Program Agreement pursu- ant to section 653 of the act.

  • If funds are not appropriated at sufficient levels for any portion of a fiscal year, the terms and conditions of any appli- cable MSP Operating Agreement may be voided and the Contractor may re- quest termination of the MSP Oper- ating Agreement in accordance with§ 295.20(f).

  • An MSP Operating Agree- ment shall terminate on a date speci- fied by the Contractor if the Con- tractor notifies the Secretary not later than 60 days before the effective date of the proposed termination that the Con- tractor intends to terminate the MSP Operating Agreement.

  • MARAD and USTRANSCOM will determine if the applications received on October 15, 2004 form an adequate pool for award of a reissued MSP Operating Agreement.

  • Accordingly, when an MSP Operating Agreement be- comes available through termination by the Secretary, expiration of a tem- porary MSP Operating Agreement or early termination by the MSP con- tractor, and no transfer under 46 U.S.C. 53105(e) is involved, MARAD will re- issue the MSP Operating Agreement pursuant to the following criteria.

  • A MSP Operating Agreement shall provide, subject to the availability of appropriations and to the extent the agreement is in effect, for each Agreement Vessel, an annual payment of $2,100,000 for each fiscal year.

  • A Contractor subject to an MSP Operating Agreement may transfer that MSP Operating Agreement (in- cluding all rights and obligations under that MSP Operating Agreement) to any person eligible to enter into an MSP Operating Agreement under § 296.10 and of the same or more restrictive U.S. citizen priority, provided that prior ap- proval to transfer the MSP Operating Agreement is granted by the Secretary and the SecDef.

  • For contrac- tors operating under more than one MSP Operating Agreement, the con- tractor may submit a single monthly voucher applicable to all its MSP Oper- ating Agreements.

  • In addition, the Sec- retary advised those applicants found to be eligible but not included in the initial award that those applicants will be wait-listed for an award of an MSP Operating Agreement if additional slots become available.(2) The Commander established gen- eral evaluation criteria for operational requirements for considering replace- ment vessels described in § 296.21(e), and for vessels eligible under the third and fourth priorities described in§ 296.22.

  • Within 30 months after the initial effective date of the MSP Operating Agreement in the case of a vessel to be constructed after that date.(b) Unused authority.

Related to MSP Operating Agreement

  • Operating Agreement means the agreement, whether or not referred to as an operating agreement and whether oral, in a record, implied, or in any combination thereof, of all the members of a limited liability company, including a sole member, concerning the matters described in section 489.110, subsection 1. The term includes the agreement as amended or restated.

  • Marketing Agreement means an agreement entered into, with the director, by producers, distributors, processors, or handlers pursuant to this act and binding only on those signing the agreement.

  • leasing agreement means an agreement by which one person (the lessor) grants a right to possession or control of an object (with or without an option to purchase) to another person (the lessee) in return for a rental or other payment;

  • SCM Agreement means the Agreement on Subsidies and Countervailing Measures in Annex 1A to the WTO Agreement;

  • Contribution Agreement has the meaning set forth in the Recitals.

  • Transaction Agreement has the meaning set forth in the recitals.

  • Development Agreement has the meaning set forth in the Recitals.

  • Interconnection Agreement means the Agreement between the Parties entitled “Interconnection Agreement Under §§251 and 252 of the Telecommunications Act of 1996,” dated July 16, 1996.