Ship 1 definition

Ship 1 means the ship described as such in Schedule 2 (Ship information).
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Ship 1 means the first Ship described in Schedule 2 (Ship information), named m.v. “Maersk Humber” at the date of this Agreement.
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Ship 1 means the 80,000 dwt Bulk Carrier with builder’s hull no. N213 which is the subject of the relevant Shipbuilding Contract;
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Examples of Ship 1 in a sentence

  • Each Advance (including the first Advance) shall be released to the relevant Shipyard (or, in the case of Ship 1 and Ship 2, the Borrower) under this Agreement only if the Administrative Agent, or its duly authorized representative, has received on the Release Date all of the documents and evidence listed in Part 3 of Schedule 3 (Conditions precedent) in form and substance reasonably satisfactory to the Administrative Agent.


More Definitions of Ship 1

Ship 1 means the 155,000 cbm LNG vessel which is to be constructed by the Builder for, and purchased by, Borrower 1 under the relevant Shipbuilding Contract and having the Builder’s hull number 2016;
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Related to Ship 1

  • Ship means a vessel of any type whatsoever operating in the marine environment and includes hydrofoil boats, air-cushion vehicles, submersibles, floating craft and fixed or floating platforms.

  • U.S.-flag vessel means a vessel of the United States or belonging to the United States, including any vessel registered or having national status under the laws of the United States.

  • Drop shipment means the sale of a prescription drug to a

  • Deadweight (DW) means the difference in metric tons between the displacement of a ship in water of a specify gravity of 1.025 at the load waterline corresponding to the assigned summer freeboard and the lightweight of the ship.

  • Engine Manufacturer means CFM International, Inc.

  • Vessel means the vessel/craft belonging to the Contractor for carrying out the work.

  • Vessels shall have the meaning set forth in the recitals.

  • Foreign flag vessel means any vessel that is not a U.S.-flag vessel.

  • Lot or batch number means an identifying number assigned by the enterprise to a designated group of items, usually referred to as either a lot or a batch, all of which were manufactured under identical conditions.

  • Contract Price(s) means the price(s) tendered by the contractor and accepted by the Council for the execution of the contract.

  • Contract Quantity means the quantity of Gas to be delivered and taken as agreed to by the parties in a transaction.