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

  • CMT shall invoice all Customers on inbound tons, whenever the initial handling of the Cargo occurs, as follows: (1) Cargo unloaded from a river barge direct to (a) storage at CMT, or (b) a Vessel, (2) Cargo unloaded from a Vessel direct to (a) storage at CMT or (b) another Vessel including a river barge, (3) Cargo unloaded from a Vessel direct to another Vessel including a river barge, etc.

  • Vessel 2 earned $131,000 per year on groundfish trips over FY2016-FY2018, on average.

  • Vessel 2 represents one of the most common vessel categories, and similar to Vessel 1, monitoring costs as a percentage of revenue is estimated to increase from around 3% to 18% under 100% ASM coverage ($4,000 and $24,000, respectively Figure 8).

  • 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 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.

  • For shipment, Buyer shall notify Seller of 1) Name of the Vessel, 2) Quantity of the Bauxite to be loaded 3) mode of loading and 4) estimated time of arrival (ETA) at loading port together with Lay days of 10 days.

  • 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.

  • Vessel shall be fitted with minimum 4 x 25t fully functional cranes + 4 x 10 or 12CBM electro-hydraulic grabs.For shipment, Buyer shall notify Seller of 1) Name of the Vessel, 2) Quantity of the Bauxite to be loaded 3) mode of loading and 4) estimated time of arrival (ETA) at loading port together with Lay days of 10 days.

  • But new applications of technology, as in other parts of the economy, can be disruptive and can create risks and vulnerabilities that are difficult to anticipate.Examples of such new products and services include crypto assets, distributed ledger technologies, and marketplace lending.

  • Charge weights identified in the figuresrepresent TNT-equivalent weights 27Figure 11: Energy spectral density (blue) and third-octave spectral smoothing (red) recorded from Vessel 2 on the Loggerhead.


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 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 Xxxxxxx”, IMO no. 9499888, registered in the name of Borrower A in an Approved Ship Registry.
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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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Related to Vessel 2

  • Vessel means the vessel/craft belonging to the Contractor for carrying out the work.

  • 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.

  • Pressure vessel means a vessel that may be used for containing, storing, distributing, transferring, distilling, processing or otherwise handling any gas, vapour or liquid under pressure greater than the atmospheric pressure and includes any pipeline fitting or other equipment attached thereto or used in connection therewith; and

  • Coastal vessel means any vessel exclusively employed in trading between any port or place in India to any other port or place in India having a valid coastal license issued by the competent authority.

  • Fleet Vessels means all of the vessels (including, but not limited to, the Ships) from time to time wholly owned by members of the Group (each a “Fleet Vessel”);

  • Foreign flag vessel means any vessel that is not a U.S.-flag vessel.

  • tanker in relation to chapter 4 means an oil tanker as defined in MARPOL Annex I, regulation 1 or a chemical tanker or an NLS tanker as defined in MARPOL Annex II, regulation 1.

  • Tank vessel means a ship that is constructed or adapted to carry, or that carries, oil in bulk as cargo or cargo residue, and that:

  • Public vessel ’ means a vessel owned or bareboat chartered and operated by the United States, by a State or political subdivision thereof, or by a foreign nation, except when such vessel is engaged in commerce;

  • Mortgaged Vessel means, at any relevant time, any Vessel which is at such time subject to a Mortgage and a Vessel shall, for the purposes of this Agreement, be regarded as a Mortgaged Vessel as from the date on which the Mortgage of that Vessel has been executed and registered in accordance with this Agreement until whichever shall be the earlier of (i) the payment in full of the amount required to be paid to the Agent pursuant to clause 4.3 or 4.5 following the Total Loss or sale respectively of such Vessel and (ii) the end of the Facility Period;

  • Passenger vessel means any boat, ship, vessel,

  • Ship means a vessel of any type whatsoever operating in the marine environment and includes hydrofoil boats, air-cushion vehicles, submersibles, floating craft and fixed or floating platforms.

  • Mortgaged Ship means a Ship which is subject to a Mortgage at the relevant time and, in the plural, means all of them;

  • 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.

  • Shipbuilding Contract means the shipbuilding contract dated 30 March 2011 and made between the Builder and the Borrower for the construction by the Builder of the Ship and its purchase by the Borrower as supplemented and amended from time to time;

  • Flag means a piece of woven cloth or other material designed to be flown from a pole or mast.

  • storage vessel means a pressure vessel as defined in the Regulations for Pressure Vessels made under the Occupational Health and Safety Act;

  • FPSO means a floating production, storage and offloading system used by the offshore oil and gas industry for the production or processing of hydrocarbons and for storage of hydrocarbons. FSOs and FLNGs are included within this definition. The determination as to whether a particular property constitutes an FPSO shall be at the sole determination of the Underwriter.

  • Commercial vessel means any vessel not owned and operated by the United States military or the United States Coast Guard.

  • Charterer means a person, firm, corporation, association, partnership, or other legal entity who contracts for the transportation of passengers and baggage, or goods and/or property from a specified origin to a specified destination, for a particular itinerary, agreed upon in advance.

  • existing vessel means a vessel that is not a new fishing vessel.

  • foreign vessel means any vessel other than a coastal vessel.

  • Houseboat means watercraft primarily used as habitation and not used primarily as a means of transportation.