Sub-Bareboat Charter definition

Sub-Bareboat Charter means, in respect of an Included Permitted Feedstock Barge, the relevant sub-bareboat charter entered into between Vertex Refining and the relevant Barge Operator in respect of that Included Permitted Feedstock Barge.
Sub-Bareboat Charter means, in relation to a Vessel, a bareboat charter agreement made by and between a Seller and the Sub-Bareboat Charterer, providing for the bareboat charter of such Vessel to the Sub-Bareboat Charterer
Sub-Bareboat Charter means the sub-bareboat charter (as amended and supplemented from time to time) in respect of the Vessel between the Owners (as sub-bareboat charterers) and the Charterers (as demise owners) dated or to be dated (as the case may be) on or about the date of this Charter.

Examples of Sub-Bareboat Charter in a sentence

  • Lessee shall not assign this Lease, the Charter or any Lease Schedule or assign its rights in or sublet the Equipment, or any interest therein, except pursuant to that certain Sub-Bareboat Charter of even date herewith between Lessee and ITG, without Lessor's and its Assignee's prior written consent, which consent shall not be unreasonably withheld.

  • Sub-Bareboat Charterer further agrees that proceeds received as a consequence of any employment of the Vessel by the Military Sealift Command shall be paid over to the Bareboat Charterer in accordance with Article 12(f) of the Sub-Bareboat Charter and Time Charterer agrees that payment of Operating Hire shall continue under the Time Charter notwithstanding any such employment of the Vessel.

  • Except for the assignment to a successor sub-bareboat charterer under Sections 14.2 and 16.2 hereof, Sub-Bareboat Charterer shall never voluntarily transfer, or permit any transfer of, or create a security interest in, or permit the creation of a security interest in the Sub-Bareboat Charter, this Time Charter, or any of its rights or obligations under either of them, without the prior written consent of Time Charterer.

  • Notwithstanding any provisions of this Charter to the contrary, this Charter shall immediately terminate upon the termination of that certain Sub-Bareboat Charter (Empress II) of even date herewith between MJQ and PBE, as owner, and ITG Vegas and ITG Palm Beach, jointly and severally as lessee.

  • Time Charterer shall be deemed to have accepted the Vessel hereunder simultaneously with the delivery to and acceptance of the Vessel by Sub-Bareboat Charterer pursuant to the Sub-Bareboat Charter.

  • Notwithstanding any provisions of this Charter to the contrary, this Charter shall immediately terminate upon the termination of that certain Sub-Bareboat Charter (Palm Beach Princess) of even date herewith between MJQ and PBE, as owner, and ITG Vegas and ITG Palm Beach, jointly and severally as lessee.

  • In order to exercise this Maturity Date Option, the Sponsor must deliver a notice to the Investor (the “Maturity Date Notice”) no less than one hundred eighty (180) days prior to the expiry date of the relevant Sub-Bareboat Charter, notifying the Investor that it wishes to exercise the Maturity Date Option.

  • The Sponsor acknowledges that a violation of this Section 7.1(c) shall constitute an Event of Default under the Pre-Delivery Loan Facility and each Sub-Bareboat Charter.