Vessel Construction Contract definition

Vessel Construction Contract means any contract for the construction (or construction and acquisition) of a Vessel and any Related Assets entered into by the Company or any Restricted Subsidiary, including any amendments, supplements or modifications thereto or change orders in respect thereof.
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Vessel Construction Contract means any contract for the construction (or construction and acquisition) of a Vessel and any Related Assets entered into by the Issuer or any Restricted Subsidiary, including any amendments, supplements or modifications thereto or change orders in respect thereof.
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Vessel Construction Contract means any contract for the construction (or construction and acquisition) or conversion of a Vessel or Vessels entered into by Stena AB or any Subsidiary of Stena AB;
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Examples of Vessel Construction Contract in a sentence

  • The Borrower will prepay the aggregate principal amount of the outstanding Vessel Loans in whole, together with all accrued and unpaid interest thereon within 60 days after any date when the Vessel Construction Contract shall have been terminated or rescinded.

  • On August 23, 2002, HBC and Cashman entered into a Vessel Construction Contract ("the Contract"), stating that HBC was to construct four barges (JMC-120, JMC 121, JMC-142and JMC-143) for Cashman.

  • The Borrower xxx entered into or will enter into a construction contract (the "Vessel Construction Contract," as more fully defined herein) with Samsung Co., Ltd.

  • Liquidated damages are provided for in the Contract for delay in delivery.See Vessel Construction Contract, Section 3.

  • It is Borrower's intention to seek construction financing from third party commercial lenders to fund the payments that will be required to be made to the Builder or which may be necessary for the purchase of BFE, but under the Vessel Construction Contract, certain amounts will be due to the Builder prior to Borrower completing the contemplated construction financing and Borrower may also need to purchase BFE prior to the completion of the construction financing.

  • The Borrower has asked Conoco to make term loans to the Borrower in an aggregate principal amount not to exceed $85,000,000 (including capitalized interest in an aggregate principal amount not to exceed $___________________), the proceeds of which are to be used to pay a portion of the costs due to the Builder under the Vessel Construction Contract prior to the delivery of the Vessel and/or to purchase BFE.

  • Provide a short description of the offeror’s capabilities that qualify them to be chosen to conduct the scope of work.

  • On August 23, 2002, HBC and Cashman entered into a Vessel Construction Contract ("the Contract"), stating that HBC was to construct four barges (JMC-120, JMC 121, JMC-142 and JMC-143) for Cashman.

  • The contract price for each Vessel is Four Hundred Thirty-Six Thousand Eight Hundred Eighty Dollars ($436,880.00) plus any applicable steel surcharges for delivered steel per Vessel, subject to Article II as amended of the Vessel Construction Contract to which this Exhibit is attached.

  • Under the Vessel Construction Contract, Borrower is or will be obligated to make certain payments to the Builder.


More Definitions of Vessel Construction Contract

Vessel Construction Contract the Vessel Construction Agreement dated as of August 27, 2003, by and between LEEVAC INDUSTRIES, LLC and PNK (LAKE XXXXXXX), L.L.C.
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Vessel Construction Contract means a Vessel Construction Agreement, substantially in the form delivered pursuant to Section 8.1 between LEEVAC (or another contractor acceptable to the Managing Agents or the Majority Lenders) and Lake Xxxxxxx.
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Vessel Construction Contract means the Vessel Construction Contract dated August 1, 1997 between Sea Mar Equipment, Inc. and Halter Marine, Inc. in the form assigned to Sea Mar or the Borrower and as in effect from time to time.
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Related to Vessel Construction Contract

  • Construction Contract or “contract” means a written agreement between a contractor and a public agency for the construction, alteration, demolition, or repair of a facility, other than a contract having a dollar value of less than $30,000.00 or a contract that provides for 3 or fewer payments.

  • Construction Contracts means the contracts between Lessee and Contractors for the furnishing of labor, services or materials to the Leased Premises in connection with the construction of the Improvements.

  • Construction Contractor means a person who undertakes to or offers to undertake to, or purports to have the capacity to undertake to, or submits a bid to, or does himself or by or through others, construct, alter, repair, add to, subtract from, improve, move, wreck, or demolish any building, highway, road, railroad, excavation, or other structure, project, development, or improvement to real property, or to do any part thereof. "Construction contractor" includes subcontractors, specialty contractors, prime contractors, and any person receiving consideration for the general supervision and/or coordination of such a construction project except for remediation contracting. This definition shall govern without regard to whether or not the construction contractor is acting in fulfillment of a contract.

  • Interconnection Construction Service Agreement means the agreement entered into by an Interconnection Customer, Interconnected Transmission Owner and the Transmission Provider pursuant to Tariff, Part VI, Subpart B and in the form set forth in Tariff, Attachment P, relating to construction of Attachment Facilities, Network Upgrades, and/or Local Upgrades and coordination of the construction and interconnection of an associated Customer Facility. A separate Interconnection Construction Service Agreement will be executed with each Transmission Owner that is responsible for construction of any Attachment Facilities, Network Upgrades, or Local Upgrades associated with interconnection of a Customer Facility.

  • EPC Contract means the Seller’s engineering, procurement and construction contract with the EPC Contractor.

  • Original construction ’ shall mean the first or initial construction

  • Construction Plant means appliances, machinery with necessary supply to up keep and maintenance of the works or temporary works but dose not include materials or other things intended to form part of the permanent work.

  • Residential construction means construction on single-family or two-family dwellings occupied or used, or intended to be occupied or used, primarily for residential purposes, and includes real property pursuant to chapter 499B.

  • Construction Agreement means the proposed building agreement between the Company and a proposed builder substantially in the form of the draft agreement a copy of which has been signed on behalf of the Authority and the Company for the purposes of identification;

  • Construction Agreements means agreements to which Tenant is a party for Construction Work, rehabilitation, alteration, repair, replacement or demolition performed pursuant to this Lease.

  • 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;

  • GENERAL AND SPECIAL CONDITIONS OF CONTRACT means the instructions to Tenderer and General and special conditions of contract pertaining to the work for which above tenders have been called for.

  • Construction Schedule means a construction schedule indicating the planned start and completion dates of the major activities of the Work as set out in Appendix [ ], a future Appendix;

  • Construction management contract means a contract in which a party is retained by the owner to

  • Contract Amendment means a written document signed by the Procurement Officer that is issued for the purpose of making changes in the Contract.

  • Building construction means any physical activity on the site involved in the erection of a structure, cladding, external finish, formwork, fixture, fitting of service installation and the unloading of plant, machinery, materials or the like.

  • Existing construction means any structure for which the "start of construction" commenced before the effective date of the initial floodplain management code or ordinance adopted by the community as a basis for that community's participation in the NFIP.

  • Construction Completion Certificate means a certificate of the I-Bank to the effect that the construction of the Project is complete.

  • Commence Construction means that an owner or operator has either undertaken a continuous program of construction or has entered into a contractual obligation to undertake and complete, within a reasonable time, a continuous program of construction.

  • construction site means a workplace where construction work is being performed;

  • Construction Services Agreement (CSA) means the Construction Services Agreement, together with any duly authorized and executed amendments hereto.

  • Construction and demolition waste means the waste building materials, packaging, and rubble resulting from construction, remodeling, repair, and demolition operations on pavements, houses, commercial buildings and other structures.

  • Construction Service Agreement means either an Interconnection Construction Service Agreement or an Upgrade Construction Service Agreement.

  • Construction waste means solid waste which is produced or generated during construction, remodeling, or repair of pavements, houses, commercial buildings, and other structures. Construction wastes include, but are not limited to lumber, wire, sheetrock, broken brick, shingles, glass, pipes, concrete, paving materials, and metal and plastics if the metal or plastics are a part of the materials of construction or empty containers for such materials. Paints, coatings, solvents, asbestos, any liquid, compressed gases or semi-liquids and garbage are not construction wastes.

  • Construction and Demolition Debris means and includes:

  • Construction Management Agreement means the Construction Management Agreement, dated as of the date of the Common Agreement, between Construction Manager and the Project Company.