Vessel 2 definition

Vessel 2 means the post-panamax luxury passenger cruise vessel with approximately 143,500 gt and the provisional hull number S-692 to be constructed by the Yard pursuant to the Vessel 2 Construction Contract.
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Vessel 2 means that certain M300-4 liftboat vessel, being Hull 1029 with 4 legs with not less than 300 ft. leg length, 14,000 sq. feet deck space and 150 person accommodation currently under construction with the Builder to be delivered to the applicable Borrower and registered under the laws of the Designated Jurisdiction;
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Vessel 2 means that certain 36,000 dwt bulk carrier currently being constructed by the Builder with an expected delivery date in the first quarter of 2011, given Builder’s Hull No. 6044;
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Examples of Vessel 2 in a sentence

  • The Shipowner and the Secretary may Request a Redemption Date, at least 40 days but not more than 60 days from the Indenture Trustee's receipt of the Request, for the redemption of certain Obligations because of (1) an actual, constructive, agreed or compromised total loss of a Vessel, (2) requisition of title to, or seizure or forfeiture of a Vessel or (3) termination of a primary Construction Contract.

  • Second-priority legal assignment of contracts dated on or about the date hereof in respect of the Construction Contract, certain of the Refund Guarantees and the Construction Risks Insurance (each as defined in each Term Loan Credit Agreement) in favour of the Collateral Agent as security trustee on behalf of the Term Loan Creditors (the “Term Loan Vessel 2 Assignment of Contracts”).

  • The Shipowner and the Secretary may Request a Redemption Date, at least forty (40) days but not more than sixty (60) days from the Indenture Trustee's receipt of the Request, for the redemption of certain Obligations because of (1) an actual, constructive, agreed or compromised total loss of a Vessel, (2) requisition of title to, or seizure or forfeiture of a Vessel or (3) termination of a primary Construction Contract.

  • The term loan facility shall be made available in two Loans (Vessel 1 Loan and Vessel 2 Loan).

  • The daily operation costs to operate Vessel 2 is agreed to be set at RMB110,000 per vessel per day.

  • Purchase Option Sanjiang Chemical has an option to purchase Vessel 2 by giving a purchase option notice to Ocean Tide on a date no later than the date falling six (6) months prior to the date falling 180 months after the Vessel 2 Delivery Date, such option will be exercised upon expiry of the entire charter term (180 months).

  • In the event that the C.S. Retriever is deemed to be the preferred vessel, it shall take up the Philippines based maintenance duties until the introduction of Vessel 2 and for the purposes of Clauses 2(a), (b) and (c), from the date the C.S. Retriever takes up such duties it shall be deemed to be the C.S. Cable Enterprise and the C.S. Enterprise shall be deemed to be the C.S. Retriever.

  • No later than [*],[*] for each of Vessel 1 and Vessel 2, for a total of [*], with the first, second and third initial payments totaling [*] in the aggregate.

  • Delivery Date Vessel 2 is expected, without guarantee, to be delivered to Sanjiang Chemical between 30 May 2027 and 30 August 2027, being the Vessel 2 Delivery Date.

  • The Shipowner and the Secretary may Request a Redemption Date, at least 40 days but not more than 60 days from the Indenture Trustee’s receipt of the Request, for the redemption of certain Obligations because of (1) an actual, constructive, agreed or compromised total loss of a Vessel, (2) requisition of title to, or seizure or forfeiture of a Vessel or (3) termination of a primary Construction Contract.


More Definitions of Vessel 2

Vessel 2 means Legio X VLCC (2022), having a purchase price of [USD fifty million (USD 50,000,000)], to be fully funded via the Account.
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Vessel 2 means the passenger cruise ship "Ambition" with IMO number 9172777. "Vessel LTV Ratio" means the ratio, expressed as a percentage, of:
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Vessel 2 means MT “Recife Knutsen”, IMO no. 9499888, registered in the name of Borrower A in an Approved Ship Registry.
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Vessel 2 means MT “Recife ▇▇▇▇▇▇▇”, IMO no. 9499888, registered in the name of Borrower A in an Approved Ship Registry.
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Related to Vessel 2

  • Vessel means every description of watercraft, other than a seaplane on the water, used or capable of being used as a means of transportation on water.

  • Cargo vessel means a self-propelled ship in commerce, other than a tank vessel or a passenger vessel, three hundred or more gross tons, including but not limited to, commercial fish processing vessels and freighters.

  • Vessels shall have the meaning set forth in the recitals.

  • The Vessel means the vessel named in Box 5 and with particulars as stated in Boxes 6 to 12.

  • U.S.-flag vessel means a vessel of the United States or belonging to the United States, including any vessel registered or having national status under the laws of the United States.