Subcharter Agreement definition

Subcharter Agreement means the Sub-Bareboat Charter Party Respecting 3 Vessels, dated as of the Effective Date, between Shipco, as charterer, and the Borrower, as subcharterer, as such agreement may from time to time be amended, restated, supplemented, modified or otherwise changed to the extent permitted by the terms of this Agreement.
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Subcharter Agreement means that certain Subcharter Agreement relating to that certain Tanker Time Charter Party dated March 31, 2001, by and between AHL Shipping Company and CITGO, in the form attached hereto as Exhibit G.
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Subcharter Agreement shall have the meaning specified in the Preamble.
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Examples of Subcharter Agreement in a sentence

  • New Member and each other Guarantor covenant that they will not grant or permit to exist any security interest in, or lien on, the Subcharter Agreement, any Chartered Vessel Bareboat Charter or Charter Document.

  • None of the Guarantors or any of their Subsidiaries is Insolvent, and none of them will be rendered Insolvent by the execution of this Guarantee, the Transaction Agreement, the Subcharter Agreement, or by the consummation of the transactions contemplated hereby or thereby.

  • Notwithstanding the foregoing, Losses shall not include any Losses relating to CCF Program benefits unless such Losses arise from termination by a Guarantor of the Subcharter Agreement as to any vessel grounded on vessel obsolescence if such termination results in the occurrence of a nonqualified withdrawal to pay the related CCF Program indebtedness and interest is assessed on the additional tax payable from such withdrawal as provided in the CCF Program.

  • New Member and each other Guarantor shall from time to time, whether before, at or after the Closing Date, execute and deliver such further instruments and take such other action as may be necessary or reasonably requested to implement and give effect to the express rights of the Beneficiaries hereunder or under the Subcharter Agreement, in each case at the expense of such Beneficiaries.

  • This arrangement will safeguard the continuing of sub-chartering to Evervalue and the management of the Vessels by Huang Shipmanagement for the operation as leisure cruise liners after the transfer of title of the Vessels to the Subsidiaries, which will secure benefit for the Charterer under the Sub-charter Agreement and ensure the Group to continue to enjoy a stable revenue from the sub-chartering activities.

  • By: Name: Title: Address for Notices: Attention: Telecopier with a copy to: Attention: Telecopier ACKNOWLEDGED AND ACCEPTED, as of the date above first written: By: Name: Title: Subcharter Agreement Charter Override Agreement Sea-Land Navigator Participation Agreement, among GFS Third Transportation Leasing, Inc.

  • Any Guarantor that is designated an Unrestricted Subsidiary in accordance with this Section 10.04 shall be released from all liabilities under this Guarantee other than in respect of any breach or violation of any provision of the Chartered Vessel Bareboat Charters or the Subcharter Agreement (as applicable) or this Guarantee arising prior to or at the time of such designation.

Related to Subcharter Agreement

  • Charter Agreement means an agreement made in accordance with Section 53G-5-303 that authorizes the operation of a charter school.

  • Water Agreement means an agreement entered into between the Water Corporation (established pursuant to section 4 of the Water Corporation Act 1995) and BHP Iron Ore Pty. Ltd. ACN 008 700 981 as agent for BHP Direct Reduced Iron Pty. Ltd. and the Mount Xxxxxx and Mount Goldsworthy Mining Associates Joint Venturers in a form approved by the Minister in relation to the supply of water for, inter alia, the Joint Venturers’ water requirements for the purposes of this Agreement at Port Hedland;

  • Bareboat Charter means the bareboat charter agreement to be executed by the Effective Date by the Borrower as owner and the Charterer as bareboat charterer.

  • Charter Document means as to any Person, its partnership agreement, certificate of incorporation, certificate of formation, operating agreement, membership agreement or similar constitutive document or agreement or its by-laws.

  • Charter Assignment means a specific assignment of any Extended Employment Contract required to be executed hereunder by either Owner in favour of the Bank (including any notices and/or acknowledgements and/or undertakings associated therewith) in such form as the Bank may require in its sole discretion;

  • Farm-Out Agreement means a Farm-In Agreement, viewed from the standpoint of the party that transfers an ownership interest to another.

  • Transaction Agreement has the meaning set forth in the recitals.

  • Charter contract or "contract" means a fixed-term, renewable contract

  • Operating Agreement means this Operating Agreement as originally executed and as amended from time to time.

  • Charter Documents means, with respect to any entity, the certificate of incorporation, the articles of incorporation, by-laws, articles of organization, limited liability company agreement, partnership agreement, formation agreement, joint venture agreement or other similar organizational documents of such entity (in each case, as amended).

  • Netting Agreement means a netting agreement, master netting agreement or other similar document having the same effect as a netting agreement or master netting agreement and, as applicable, any collateral annex, security agreement or other similar document related to any master netting agreement or Permitted Contract.

  • ISDA Master Agreement An ISDA Master Agreement (Multicurrency-Cross Border) in the form published by ISDA in 1992 including the schedule thereto.

  • Side Agreement means the Side Agreement for Transfer Agency Services between the Customer and Transfer Agent dated as of January 1, 2015.

  • Sponsor Letter Agreement has the meaning set forth in the recitals to this Agreement.

  • Master Agreement has the meaning specified in the definition of “Swap Contract.”

  • Time Charter means the hire of a Vessel by which the charterer obtains possession and control of the Vessel for an agreed period of time or an agreed voyage.

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;

  • CFA Charter means the charter earned through the Chartered Financial Analyst program prepared and administered by the CFA Institute and so named on the day this Instrument comes into force, and every program that preceded that program, or succeeded that program, that does not have a significantly reduced scope and content when compared to the scope and content of the first-mentioned program;

  • petroleum agreement means an agreement for the purpose of petroleum activities entered into by Government and another person in accordance with this Act;

  • SCM Agreement means the Agreement on Subsidies and Countervailing Measures in Annex 1A to the WTO Agreement;

  • PJM Operating Agreement means the Amended and Restated Operating Agreement of PJM on file with the Commission.

  • Company Charter Documents means the Company’s certificate of incorporation and bylaws, each as amended to the date of this Agreement.

  • Restructuring Agreement shall have the meaning set forth in the recitals.

  • Master Settlement Agreement means the settlement agreement and related documents entered into on November 23, 1998, by the state and leading United States tobacco product manufacturers.

  • Licence Agreement means an agreement (whether or not in writing) between the owner of student accommodation and a student giving a licence to the student;

  • Formation Agreement has the meaning attributed to it in Recital A;