Newbuilding Vessel definition

Newbuilding Vessel means a Vessel under construction, recently completed, or that has not been engaged in commercial operations.

Newbuilding Vessel means the Newbuilding Vessel currently being constructed by the Builder with Hull Number 2782 on the terms of the Building Contract and upon delivery to be named “DHT TIGER” and registered in the name and ownership of the Newbuilding Borrower.

Newbuilding Vessel means each of Newbuilding Vessel 1 and Newbuilding Vessel 2;

Examples of Newbuilding Vessel in a sentence

• Section 4 also deals with the interplay between EU and national company law.

• Not later than 30 days, or such shorter period as the Agent may agree to, prior to the date of this Agreement, one or more valuation(s) of the Newbuilding Vessel addressed to the Agent from an Approved Shipbroker certifying the Market Value for the Newbuilding Vessel, acceptable to the Agent.

• An interim Certificate of Confirmation of Class for hull and machinery confirming that the Newbuilding Vessel is classed with the highest class applicable to Newbuilding Vessels of her type with Lloyd’s Register or such other classification society as may be acceptable to the Agent.

• If requested by the Agent, a report by a surveyor instructed by the relevant Collateral Owner and acceptable to the Agent to inspect the Newbuilding Vessel confirming to the Agent that the condition of the Newbuilding Vessel is in all respects acceptable to the Agent.

• Vessels to be acquired The vessel proposed to be acquired under Novation Agreement I is a 86k CBM liquefied gas carrier, namely Newbuilding Vessel I, and is of an estimated value of approximately US$74,780,000, which is equivalent to the shipbuilding price of the Newbuilding Vessel I pursuant to Shipbuilding Contract I.

• The vessels proposed to be acquired under Novation Agreement II, Novation Agreement III and Novation Agreement IV are three 86k CBM liquefied gas carriers, namely, Newbuilding Vessel II, Newbuilding Vessel III and Newbuilding Vessel IV, and are of an aggregate estimated value of approximately US$222,000,000, which is equivalent to the aggregate shipbuilding price of Newbuilding Vessel II, Newbuilding Vessel III and Newbuilding Vessel IV pursuant to the relevant Shipbuilding Contracts.

• Newbuilding Vessel (indicate with "yes" or "no" whether PART III applies) (optional) No 38.

• The Newbuilding Vessel I is expected to be delivered by 30 September 2021.

• Novation Agreement II, Novation Agreement III and Novation Agreement IV The estimated consideration under Novation Agreement II, Novation Agreement III and Novation Agreement IV is approximately US$222,000,000, which is equivalent to the aggregate shipbuilding price of Newbuilding Vessel II, Newbuilding Vessel III and Newbuilding Vessel IV, subject to the terms and conditions of the relevant Novation Agreements and Shipbuilding Contracts.

• Newbuilding Vessel (indicate with "yes" or "no" whether Part III applies): No 36.

More Definitions of Newbuilding Vessel

Newbuilding Vessel has the meaning defined in Recital (B)(v) above.

Newbuilding Vessel means a newbuilding dry bulk carrier of approximately

Newbuilding Vessel means a newbuilding dry bulk carrier of approximately 115,000dwt to be constructed and equipped at the shipyard of the Builder in China. It is currently expected that the Newbuilding Vessel will be delivered in the third quarter of 2011;

Newbuilding Vessel means the vessel currently under construction by the Builder set out below with the Builder’s hull number set out below on the terms of the Building Contract and, on delivery to Shikokuexi, to be registered under an Approved Flag: Bulk carrier ITOCHU Corporation Imabari Shipbuilding Co. Ltd. originally contracted for approximately 77,000MT and subsequently amended to 84,000MT original hull no. S-1663 and subsequently amended to hull no. 1685 (tbn “TROODOS AIR” on delivery) Shikokuexi

Newbuilding Vessel. ’ means a newbuilding handysize dry bulk carrier of approximately 28,100 dwt, to be named ‘‘Juniper Beach’’. The Newbuilding Vessel will be constructed by a shipyard in Japan and is expected to be delivered during the first half of 2007. It is currently expected that it will be registered upon its delivery under the laws and flag of Hong Kong;