Shipping Act definition

Shipping Act means the Shipping Act, 1916, as at any time amended, ▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇ Code, § 801 et seq., or any successor statute thereto.

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Shipping Act means the Shipping Act of 1916, as amended and consolidated at 46 U.S.C. §55101.

Shipping Act means the Shipping Act 1988;

Examples of Shipping Act in a sentence

• Additional slots may be sold/purchased on an ad 1 The inclusion of non-U.S. trades within the scope of this Agreement does not bring such trades within the scope of the U.S. Shipping Act or the jurisdiction of the Federal Maritime Commission ("FMC").

• In the event the other Parties have failed to exercise their first right of refusal to charter those slots according to procedures mutually agreed by the Parties, then those unused slots within a Party’s entitlement may be sold or sub-chartered on an ad hoc basis (which shall mean not more than one voyage at any one time) to any third party vessel-operating common carrier (VOCC), meaning an ocean common carrier subject to the Shipping Act.

• Written claims for adjustment will be acknowledged by the carrier within twenty (20) days of receipt by written notice to the claimant of the tariff provisions actually applied and the claimant's rights under the Shipping Act of 1984.

• The Commission hereby gives notice of the filing of the following agreement under the Shipping Act of 1984.

• The addition of any new party to this Agreement shall become effective after an amendment noticing its admission has been filed with the Federal Maritime Commission and become effective under the Shipping Act of 1984, as amended.

More Definitions of Shipping Act

Shipping Act means the Shipping ▇▇▇, ▇▇▇▇, as amended from time to time.

Shipping Act means the Shipping Act of 1916, as amended (42 U.S.C. 802).

Shipping Act means the Shipping Act of 1916, as amended and consolidated at 46 U.S.C. §55101. “SMC” means the safety management certificate issued in respect of a Vessel in accordance with Rule 13 of the ISM Code. “Solvent” or “Solvency” means, with respect to any Person as of a particular date, that on such date (a) such Person is able to pay its debts and other liabilities, contingent obligations and other commitments as they mature in the ordinary course of business, (b) such Person does not intend to, and does not believe that it will, incur debts or liabilities beyond such Person’s ability to pay as such debts and liabilities mature in their ordinary course, (c) such Person is not engaged in a business or a transaction, and is not about to engage in a business or a transaction, for which such Person’s property would constitute unreasonably small capital after giving due consideration to the prevailing practice in the industry in which such Person is engaged or is to engage, (d) the fair value of the property of such Person is greater than the total amount of liabilities, including, without limitation, contingent liabilities, of such Person and (e) the present fair salable value of the assets of such Person is not less than the amount that will be required to pay the probable liability of such Person on its debts as they become absolute and matured. In computing the amount of contingent liabilities at any time, it is intended that such liabilities will be computed at the amount which, in light of all the facts and circumstances existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability. “Specified Credit Party” means, any Credit Party that is, at the time on which the Guaranty (or grant of security interest, as applicable) becomes effective with respect to a Swap Obligation, a corporation, partnership, proprietorship, organization, trust or other entity that would not be an “eligible contract participant” under the Commodity Exchange Act at such time but for the effect of Section 4.8. 29

Shipping Act means the Shipping Act Chapter 50:10; “SCUBA” means any self-contained underwater breathing

Shipping Act has the meaning set forth in Section 5.17(b).

Shipping Act means the Shipping Act of 1916, as amended and consolidated at 46 U.S.C. §55101. “SMC” means the safety management certificate issued in respect of a Vessel in accordance with Rule 13 of the ISM Code. “Solvent” or “Solvency” means, with respect to any Person as of a particular date, that on such date (a) such Person is able to pay its debts and other liabilities, contingent obligations and other commitments as they mature in the ordinary course of business, (b) such Person does not intend to, and does not believe that it will, incur debts or liabilities beyond such Person’s ability to pay as such debts 32

Shipping Act shall have the meaning set forth in Section 4.1 hereof.