VALUABLE CARGO definition

VALUABLE CARGO means a consignment which contains one or more of the following articles:
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VALUABLE CARGO means a consignment which contains more of the following articles:
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VALUABLE CARGO means a single cargo shipment valued at $25,000 or more containing commodities that are especially vulnerable to theft or loss. These commodities include but are not limited to, the following items:
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Examples of VALUABLE CARGO in a sentence

  • Borrower has established depository account #7420836327 (the “Salvage Proceeds Account”) with Lender for the deposit of all Salvage Proceeds from the sale of Valuable Cargo and any reimbursement to the Borrower for Priority Recoupment under the terms of the Master Services Agreement that are payable to Borrower, and shall have payments of all such proceeds wired directly into the Salvage Proceeds Account and to provide Lender with advance notice of each wire into the Salvage Proceeds Account.

  • To maintain in good standing the AON Insurance Policy, as applicable, covering the Valuable Cargo related to the collateral for this Loan for the full replacement cost of the Valuable Cargo.

  • Upon request by Lender, Borrower shall provide necessary documentation indicating that there are no pending sovereign/legal claims to the Valuable Cargo or the proceeds therefrom that is being salvaged under the Master Services Agreement (other than claims by Columbus-America Discovery Group and/or Recovery Limited Partnership), and provide information to Lender regarding security procedures Borrower will implement to safeguard the Valuable Cargo.

  • Under the terms of the AON Insurance Policy, as the Valuable Cargo is salvaged from the wreck, Borrower is obligated to deliver to the Odyssey Cargo Insurer a detailed inventory of the Valuable Cargo (the “Cargo Reports”).

  • Borrower shall deliver or cause to be delivered to Lender a copy of the AON Insurance Policy, which shall specifically insure the Valuable Cargo and proceeds under the Master Services Agreement, naming Lender as an additional insured, in form and substance satisfactory to Lender.


More Definitions of VALUABLE CARGO

VALUABLE CARGO means all coins, gold bars and other salvage excavated from the SS Central America shipwreck as defined in and subject to the terms of the Master Services Agreement.
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VALUABLE CARGO means money, cash, currency, coin, bullion, pre- cious metals and articles made therefrom, gems and jewelry, negotiable and nonnegotiable securities, bonds, notes, checks, drafts, coupons, or other valuable instruments, documents or certificates, including tapes, computer disks, or other electronic or magnetic media, U.S. postage stamps, food stamps, and other articles of unusual value.
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VALUABLE CARGO means bullion, precious metal objects, precious stones, precious jewellery, bank notes, coins, bonds, negotiable instruments or securities of any kind, valuable works of art, livestock, bloodstock, spirits, tobacco, tobacco products.
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Related to VALUABLE CARGO

  • Valuables means photographic, audio, video, computer and any other electronic equipment, telecommunications and electrical equipment, telescopes, binoculars, antiques, watches, jewellery, furs and articles made of precious stones and metals.

  • Reasonable Care means the use of reasonable custodial practices under the applicable circumstances as measured by the custodial practices then prevailing in Russia of International Financial Institutions acting as custodians for their institutional investor clients in Russia.

  • Valuable papers and records means inscribed, printed or written:

  • Judicial Council’s Master Account means the Judicial Council’s billing account to which the Contractor is authorized to charge specifically identified charges under this Agreement.

  • Omnibus Account means any Shareholder Account the record owner of which is a registered broker-dealer which has agreed with the Transfer Agent to provide sub-transfer agent functions relating to each Sub-shareholder Account within such Shareholder Account as contemplated by this Schedule I in respect of each of the Funds.

  • Principal Account(s means deposit accounts of the Fund carried on the books of BBH&Co. as principal in accordance with Section 7 hereof.

  • Acute care means preventive care, primary care, and other medical care provided under the direction of a physician for a condition having a relatively short duration.

  • After-care means care, treatment and services provided a patient, as defined herein, on convalescent status or conditional release.

  • SUBI Collections has the meaning set forth in the Indenture.

  • SUBI has the meaning set forth in the Recitals.

  • In-stream Waste Concentration or "(IWC)" means the concentration of a discharge in the receiving water after mixing has occurred in the allocated zone of influence.

  • Collection Accounts As defined in Section 3.10(a).

  • Seller’s Bank Account shall have the meaning set forth in Section 3.2(b).

  • Collection Point means the collection point for the Vehicle specified in the Confirmation and/or Rental Agreement;

  • Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.

  • Recyclables means Solid Waste that may be reclaimed and/or processed and used in the production of raw materials or products.

  • Principal Account as set forth in the Standard Terms and Conditions of Trust shall be replaced with the term "Capital Account."

  • Direct Patient Care means the provision of health care services provided directly to individuals being treated for or suspected of having physical or mental illnesses. Direct patient care includes both, face-to-face and telehealth-based preventative care and first-line supervision.

  • fair and reasonable conditions means appropriate conditions, including possible financial terms or royalty-free conditions, taking into account the specific circumstances of the request for access, for example the actual or potential value of the results or background to which access is requested and/or the scope, duration or other characteristics of the exploitation envisaged;

  • Palliative and supportive care means care and support aimed mainly at lessening or controlling pain or symptoms; it makes no attempt to cure the Covered Person's terminal Illness or terminal Injury.

  • Escrow Accounts means any escrow account in which Escrowed Proceeds are deposited and held.

  • Collection site means the location of waste containers on collection day.

  • Proprietary Account means (1) a securities investment or trading account held in the name of an Employee or any of his or her Family Members, or of which that Employee or any of his or her Family Members has Beneficial Ownership, or (2) a proprietary investment or trading account maintained for the Firm or its Employees, except that the term “Proprietary Account” does not include any such account to which the Firm serves as investment adviser.

  • Accountable care organization or “ACO” means an organization of health care providers that has a formal legal structure, is identified by a federal Taxpayer Identification Number, and agrees to be accountable for the quality, cost, and overall care of the patients assigned to it.

  • Federal contract information means information, not intended for public release, that is provided by or generated for the Government under a contract to develop or deliver a product or service to the Government, but not including information provided by the Government to the public (such as on public Web sites) or simple transactional information, such as necessary to process payments.

  • Palliative care means medical service rendered to reduce or moderate temporarily the intensity of an otherwise stable medical condition, but does not include those medical services ren- dered to diagnose, heal or permanently alleviate or eliminate a medical condition.