Red Flag means a pattern, practice, or specific activity or a combination of patterns, practices or specific activities which may indicate the possible existence of Identity Theft (as defined below) affecting a Registered Owner (as defined below) or a Covered Person.
Approved Flag means the ▇▇▇▇▇▇▇▇ Islands flag, the Liberian flag and such other flag as the Agent may, in its sole and absolute discretion, approve as the flag on which a Ship shall be registered;
Said Flat means the Flat No. on the Floor admeasuring an area of sq.ft. ( sqm) Carpet Area/Saleable area along with garage/closed parking no. admeasuring an area of sq.ft. at “Varada Moana” situated at ▇▇▇ ▇, ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Road, P.S. Netaji Nagar, ▇▇▇▇ no.100 under Borough ▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, more fully described in PART-I of the SECOND SCHEDULE hereto.
Approved Manager means, in relation to a Ship, the Approved Commercial Manager or the Approved Technical Manager of that Ship.
Approved Flag State means any of the ▇▇▇▇▇▇▇▇ Islands or any other country in which the Agent (acting on the authorisation of the Lenders) may approve that a Ship may be registered.