Shipbuilding Contract definition

Shipbuilding Contract means the shipbuilding contract dated 30 March 2011 and made between the Builder and the Borrower for the construction by the Builder of the Ship and its purchase by the Borrower as supplemented and amended from time to time;
Shipbuilding Contract shall have the meaning ascribed to such term in Section 3.1(pp).
Shipbuilding Contract means each of the Vessel A Shipbuilding Contract and the Vessel B Shipbuilding Contract and in the plural means both of them;

Examples of Shipbuilding Contract in a sentence

  • Save as permitted by the Finance Documents, Borrower G shall not assign, novate, transfer or dispose of any of its rights or obligations under the Shipbuilding Contract.

  • Borrower G shall use its reasonable endeavours to ensure that all interests and rights conferred by the Shipbuilding Contract remain valid and enforceable in all respects and retain the priority which they were intended to have.

  • The undertakings in this Clause 22 (Shipbuilding Contract Undertakings) remain in force throughout the Security Period except as the Lender may otherwise permit.

  • Borrower G shall observe and perform all its obligations and meet all its liabilities under or in connection with the Shipbuilding Contract.


More Definitions of Shipbuilding Contract

Shipbuilding Contract means each of the Vessel A Shipbuilding Contract, the Vessel B Shipbuilding Contract and the Vessel C Shipbuilding Contract and in the plural means all of them;
Shipbuilding Contract means the turn key building contract between the Builder and the Owner dated as of 24 January 2008 (as may further be amended or supplemented from time to time) pursuant to which the Builder agreed to build and deliver the Vessel to the Owner.
Shipbuilding Contract has the meaning given in Recital (A);
Shipbuilding Contract means the shipbuilding contract dated 7 April 2006 as amended and supplemented by a side letter and a supplemental agreement no. 1 each dated 7 April 2006, each entered into between the Borrower and the Builder in relation to the Ship;
Shipbuilding Contract means the Shipbuilding Contract dated 9th May 2007 in respect of the Vessel, being attached hereto as Appendix I. ‘Specifications’ means the Specifications as described in the Shipbuilding Contract.
Shipbuilding Contract means the shipbuilding contract made between the Builder and Kambara Kisen Co., Ltd. (“Kambara”) as transferred by means of a nomination to Chijin Shipping S.A. of 53rd Street, Urbanizacion Obarrio, Torre Bancosur, Panama City, Republic of Panama (the “Intermediate Seller”) in relation to the construction of the Vessel by the Builder for delivery and sale to the Intermediate Seller.
Shipbuilding Contract means, in relation to Ship A, the shipbuilding contract dated 24 February 2007 made between the Seller and Obligor A in respect of such Ship, in relation to Ship B, the shipbuilding contract dated 24 February 2007 made between the Seller and Obligor B in respect of such Ship, in relation to Ship C, the shipbuilding contract dated 24 February 2007 made between the Seller and Obligor C in respect of such Ship, in relation to Ship D, the shipbuilding contract dated 24 February 2007 made between the Seller and Obligor D in respect of such Ship, in relation to Ship E, the shipbuilding contract dated 24 February 2007 made between the Seller and Obligor E in respect of such Ship and, in relation to Ship F, the shipbuilding contract dated 24 February 2007 made between the Seller and Obligor F in respect of such Ship and in each case, as supplemented by the Overall Agreement;