PEC Holder definition

PEC Holder means a person holding a valid Pilotage Exemption Certificate (PEC) issued by the Port of London Authority;
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PEC Holder means a person who holds a PEC.
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PEC Holder means a deck officer holding a current pilotage exemption certificate issued by MDHC;
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Examples of PEC Holder in a sentence

  • Should a PEC Holder without a tug/towage endorsement require a tug to make fast with a towline, they should contact Mersey VTS Pilotage and employ the services of a Liverpool Pilot.

  • In connection therewith, each Shareholder and PEC Holder hereby consents to the making of any elections pursuant to United States Treasury Regulations Section 301.7701-3 consistent with such treatment and agrees to cooperate to effect such elections (and not to revoke such elections except as permitted by the terms of this Agreement).

  • In planning a vessel movement which involves proceeding past another vessel moored at a jetty in the Eastern Channel, the pilot and/or Master (PEC Holder) should provide for as great a separation distance as reasonable under the prevailing circumstances.However, in any event, such a separation should be a distance of not less than the beam of the passing vessel.

  • Specific attention to the following articles is important:- Article 10: General Rules for Navigation;- Article 12: General Directions to Vessels;- Article 13: Special Directions;- Article 15: Failure to comply with Directions.All vessels should always be navigated in accordance with the ICS Bridge Procedures Guide.The pilot (BLPS or PEC Holder) is entitled to expect navigational support from the Bridge Team of the vessel he is engaged to pilot.

  • Assessment acts will be undertaken with a Senior Master (the Assessor), who should also be an authorised PEC Holder for the vessel for which the PEC is sought, or an Authorised Pilot.

  • Qualification Passages shall be undertaken under the supervision of a qualified PEC Holder or Pilot.

  • In addition, the PEC Holder must have gained one year experience as a PEC holder, and at least one hundred pilotage acts will have been completed within that year.

  • The execution and delivery of this Agreement and, if applicable, its Equity Commitment Letter and the performance of the rights and obligations hereunder and thereunder have been duly and validly authorized by such Shareholder or PEC Holder and no other proceedings by or on behalf of such Shareholder or PEC Holder will be necessary to authorize this Agreement and, if applicable, its Equity Commitment Letter or the performance of the rights and obligations hereunder and thereunder.

  • Such Shareholder or PEC Holder has full power and authority to enter into, execute and deliver this Agreement and, if applicable, its Equity Commitment Letter.

  • Signed on behalf of BHC _ Date PEC Holder _ Date DOC Company name / Vessel owner.


More Definitions of PEC Holder

PEC Holder means a holder of a Pilotage Exemption Certificate granted under Section 8 of the Pilotage Act 1987;
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PEC Holder means a person holding a valid Pilotage Exemption Certificate (PEC) issued by the Authority;
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PEC Holder means any owner of one or more PECS issued by the Company, as shown on the Company’s register of PECS.
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Related to PEC Holder

  • FTR Holder means the PJM Member that has acquired and possesses an FTR.

  • or "Holder The Person in whose name a Certificate is registered in the Certificate Register, except that a Disqualified Organization or a Non-United States Person shall not be a Holder of a Residual Certificate for any purposes hereof and, solely for the purposes of giving any consent pursuant to this Agreement, any Certificate registered in the name of the Depositor or the Master Servicer or any Affiliate thereof shall be deemed not to be outstanding and the Voting Rights to which it is entitled shall not be taken into account in determining whether the requisite percentage of Voting Rights necessary to effect any such consent has been obtained, except as otherwise provided in Section 11.01. The Trustee and the NIMS Insurer may conclusively rely upon a certificate of the Depositor or the Master Servicer in determining whether a Certificate is held by an Affiliate thereof. All references herein to "Holders" or "Certificateholders" shall reflect the rights of Certificate Owners as they may indirectly exercise such rights through the Depository and participating members thereof, except as otherwise specified herein; provided, however, that the Trustee and the NIMS Insurer shall be required to recognize as a "Holder" or "Certificateholder" only the Person in whose name a Certificate is registered in the Certificate Register.

  • Electing Holder means any holder of Registrable Securities that has returned a completed and signed Notice and Questionnaire to the Company in accordance with Section 3(d)(ii) or 3(d)(iii) hereof.

  • Designated Holder means the Holder of Note A-1.

  • Eligible Holder means a Limited Partner whose (a) federal income tax status would not, in the determination of the General Partner, have the material adverse effect described in Section 4.9(a)(i) or (b) nationality, citizenship or other related status would not, in the determination of the General Partner, create a substantial risk of cancellation or forfeiture as described in Section 4.9(a)(ii).

  • Class B Stockholder means (i) the registered holder of a share of Class B Common Stock at the Effective Time and (ii) the initial registered holder of any shares of Class B Common Stock that are originally issued by the Corporation after the Effective Time.

  • Holder or Unit Holder means the investor for the time being entered in the Register as owner of a Unit including investors jointly so registered pursuant to the provisions of the Trust Deed.

  • Qualifying Holder shall have the meaning ascribed thereto in Section 12 hereof.

  • Class B Holder means the Person in whose name a Class B Certificate is registered in the Certificate Register, except that, solely for the purpose of giving any consent, request or waiver pursuant to this Agreement, the interest evidenced by any Class B Certificate registered in the name of the Transferor, Servicer, or any Person actually known to an Authorized Officer of Trustee to be an Affiliate of the Transferor or Servicer, shall not be taken into account in determining whether the requisite percentage necessary to effect any such consent, request or waiver shall have been obtained.

  • Series B Holder means a Record Holder of the Series B Preferred Units.

  • Principal Holder means a person who, directly or indirectly, beneficially owns or controls 10% or more of any class of voting securities of the Corporation.

  • Participating Stockholder means a “Participating Stockholder” under the HBB Stockholders’ Agreement, HY Stockholders’ Agreement and NACCO Stockholders’ Agreement, to the extent the Partnership owns HBB Class B Shares, HY Class B Shares or NACCO Class B Shares. A Partner shall cease to be a Participating Stockholder under this Agreement and shall be deemed to be a Former Partner immediately prior to any event or lapse of time that causes such Partner to no longer be a “Participating Stockholder” under such applicable stockholders’ agreements.

  • Octopus Holder means a user of an Octopus who may be an AAVS Account Holder or who has linked his/her Octopus to an AAVS Account in the name of one of his/her family members or friends;

  • Deceased Holder Not applicable.

  • Senior Holder means, (i) the Note Holders of Series A until the Secured Obligations in respect of Series A Equipment Notes have been paid in full, (ii) after the Secured Obligations in respect of Series A Equipment Notes have been paid in full, the Note Holders of Series B until the Secured Obligations in respect of Series B Equipment Notes have been paid in full and (iii) after the Secured Obligations in respect of Series B Equipment Notes have been paid in full, the Note Holders of Series C until the Secured Obligations in respect of Series C Equipment Notes have been paid in full.

  • Preferred Holder means, with respect to a series of Preferred Units, a Record Holder of such series of Preferred Units.

  • Other Holder has the meaning specified in Section 2.2(b).

  • Participating Holder means any Holder of Registrable Securities that has returned a completed and signed Notice and Questionnaire to the Company in accordance with Section 2(b) hereof.

  • Holder means a Person in whose name a Security is registered in the Security Register.

  • Existing Holder means a Broker-Dealer or any such other Person as may be permitted by the Corporation that is listed as the holder of record of shares of AMPS in the Stock Books.

  • Note A-6 Holder means the Initial Note A-6 Holder or any subsequent holder of Note A-6, as applicable.

  • Noteholder or Holder The Person in whose name a Note is registered in the Note Register, except that, any Note registered in the name of the Depositor, the Issuer or the Indenture Trustee or any Affiliate of any of them shall be deemed not to be outstanding and the registered holder will not be considered a Noteholder for purposes of giving any request, demand, authorization, direction, notice, consent or waiver under the Indenture or the Trust Agreement; provided, that in determining whether the Indenture Trustee shall be protected in relying upon any such request, demand, authorization, direction, notice, consent or waiver, only Notes that the Indenture Trustee or the Owner Trustee knows to be so owned shall be so disregarded. Owners of Notes that have been pledged in good faith may be regarded as Noteholders if the pledgee thereof establishes to the satisfaction of the Indenture Trustee or the Owner Trustee such pledgee's right so to act with respect to such Notes and that such pledgee is not the Issuer, any other obligor on the Notes or any Affiliate of any of the foregoing Persons.

  • Note A-9 Holder means the Initial Note A-9 Holder or any subsequent holder of Note A-9, as applicable.

  • Effective FTR Holder means:

  • U.S. Holder means a beneficial owner of units, Class A ordinary shares or warrants that is for U.S. federal income tax purposes (i) an individual citizen or resident of the United States, (ii) a corporation (or other entity treated as a corporation for U.S. federal income tax purposes) that is created or organized (or treated as created or organized) in or under the laws of the United States, any state thereof or the District of Columbia, (iii) an estate the income of which is subject to U.S. federal income taxation regardless of its source, or (iv) a trust if (A) a court within the United States is able to exercise primary supervision over the administration of the trust and one or more U.S. persons have the authority to control all substantial decisions of the trust, or (B) it has in effect under applicable U.S. Treasury regulations a valid election to be treated as a U.S. person; and

  • Living Holder A Certificate Owner of a Special Retail Certificate other than a Deceased Holder.