NASSAU SPIRIT definition

NASSAU SPIRIT together with: Nassau Spirit Holding L.L.C. / Security Trustee 10.12.2007 21.1 Transcript of Register BMA 10.12.2007
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NASSAU SPIRIT a company controlled by OAO Sovcomflot.
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NASSAU SPIRIT means a company controlled by OAO Sovcomflot and in relation to each other Vessel means A/S Dampskibsselskabet Torm or a management company which is controlled by Guarantor B or such other commercial and/or technical managers of the Vessels nominated by the relevant Owner as the Agent acting on the instructions of the Majority Lenders may approve such approval not to be unreasonably withheld or delayed.
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Examples of NASSAU SPIRIT in a sentence

  • Upon the satisfaction of the foregoing conditions of this Clause 7.4, the Security Trustee, on behalf of the Banks, shall release the Mortgage and any Security Documents relating tothe NASSAU SPIRIT and shall release VSSI Transport from its obligations hereunder.


More Definitions of NASSAU SPIRIT

NASSAU SPIRIT is at all times technically and commercially managed either by a company controlled by OAO Sovcomflot or by a management company controlled by Guarantor B or by A/S Dampskibsselskabet Torm, or such other management company as may be acceptable to the Agent acting on the instructions of the Majority Lenders. The Borrowers shall ensure that each of the other Vessels is at all times technically and commercially managed by a management company controlled by Guarantor B or by A/S Dampskibsselskabet Torm or such other management company as may be acceptable to the Agent acting on the instructions of the Majority Lenders.
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NASSAU SPIRIT means the Bahamian registered vessel NASSAU SPIRIT, Official No. 730910;
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Related to NASSAU SPIRIT

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