Vessel C definition
Examples of Vessel C in a sentence
Photograph looking aft from in front of the hauling station on Vessel C, showing hauling mitigation device in place.
The Lenders, relying upon each of the representations and warranties in Clause 4 and subject to Clause 3, agree to make Advance E available to the Borrower upon and subject to the terms of this Agreement and the Facility Agreement to enable the Borrower to on-lend the same to Sagittarius, Palermo and Hyperion to refinance in part the purchase of Vessel A, Vessel B and Vessel C.
Borrower shall have paid (A) a commitment fee of one percent (1%) of the Advance (the “Commitment Fee”), (B) Lender’s reasonable expenses incurred for inspecting and appraising the Vessel, (C) all filing and recording fees, and all stamp and other taxes payable with respect to the consummation of the transactions as contemplated in this Agreement, and (D) Lenders’ reasonable attorneys’ fees and other expenses incurred as of Closing in connection with the transactions contemplated in this Agreement.
Pay to the Builder all amounts payable on delivery of the Vessel B, Vessel C and Vessel D in accordance with the relevant Shipbuilding Contract and take, or as the case may be, ensure that the relevant Borrower, takes delivery of the relevant Vessel.
Vessel C keeps its original heading and course during the whole simulation.