NORWEGIAN SPIRIT definition

NORWEGIAN SPIRIT means the Vessel Norwegian Spirit, IMO number 9141065, currently registered in the name of Norwegian Spirit, Ltd. under the laws of the Commonwealth of The Bahamas with the official number 8000814.
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NORWEGIAN SPIRIT and “NORWEGIAN STAR” and a mortgage dated 12 July 2004 granted by Pride of Aloha over m.v. “PRIDE OF ALOHA” each as amended by the said first and second supplemental deeds dated as of 30 September 2005 and 13 November 2006 respectively (the “Original Mortgages”).
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NORWEGIAN SPIRIT and “NORWEGIAN STAR” (the “Original Deeds of Covenants”) and the Original Mortgage over m.v. “PRIDE OF ALOHA” (the “Original Pride of Aloha Mortgage”) (among other things) to enable NCL Investment Ltd. (“Investor I”) and NCL Investment II Ltd. (“Investor II” and together with Investor I the “Investors”), each a subsidiary of the private equity group Apollo Management, LP, to make a one billion Dollar (USD1,000,000,000) cash equity investment in the Borrower. As at the date of this third supplement to (among other things) the Original Facility Agreement (this “Deed”), the Borrower is a wholly-owned subsidiary of Star Cruises Limited (“Star”). Upon completion of the transactions contemplated by the Subscription Agreement, the Borrower will be held by Star and the Investors in equal shares and the Investors, under the Shareholders’ Agreement, will have majority control of the board of directors of the Borrower and voting control of shares in the Borrower, with certain reserved matters subject to the consent of Star. Accordingly, the Borrower will cease to be a subsidiary of Star and will become a jointly controlled entity of Star and the Investors upon completion. The Investors’ right to control the board of directors of the Borrower and vote Star’s shares in the Borrower on behalf of Star, and Star’s consent rights, in each case can only be maintained if the ratio of the equity owned by one party over that of the other party is not less than 0.6.
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Examples of NORWEGIAN SPIRIT in a sentence

  • EXPERIENCES Mediterranean CruiseABOARD THE NORWEGIAN SPIRIT ON A Highlights:• 2 days touring in Barcelona before the cruise• Toulon, France• Livorno, Italy (Florence and Pisa)• Civitavecchia, Italy (Rome)EXCITING PLACES Oct.

  • Article L.4 of the contract for supply of bunkers to the M/V NORWEGIAN SPIRIT, between O.W. USA as Seller and NCL as Buyer, has varied and superseded the provisions of the OWB T&C's Article P.1. The sale was performed "in circumstances where the physical supply of the Bunkers [was] being undertaken by a third party [EKO] which insist[ed] that the Buyer [was] also bound by its own terms and conditions," Article L.4(a).


More Definitions of NORWEGIAN SPIRIT

NORWEGIAN SPIRIT means Norwegian Spirit, Ltd. of Mxxxxx House, 10 Xxxxxxxxxx Xxxxxx, Xxxxxxxx XX 00, Bermuda;
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NORWEGIAN SPIRIT means the Vessel NORWEGIAN SPIRIT, IMO number 9141065, as such name and IMO number is changed from time to time.
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NORWEGIAN SPIRIT means Norwegian Spirit, Ltd. of Milner House, 18 Parliament Street, Hamilton HM 12, Bermuda;
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NORWEGIAN SPIRIT. “NORWEGIAN STAR” and “PRIDE OF ALOHA” (the “Original Mortgages”).
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