Vessel Contracts definition

Vessel Contracts means the Contracts, the Management Agreements and until their expiry by the effluxion of time, the Vessel A Charter and the Vessel B Charter.
Sample 1Sample 2
Vessel Contracts has the meaning set forth in the recitals hereto.
Sample 1

Examples of Vessel Contracts in a sentence

  • An Obligor repudiates any of the Vessel Contracts or any Finance Document or evinces an intention to repudiate any of the Vessel Contracts or any Finance Document.

  • Each Obligor and each of the other parties to the Vessel Contracts has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Vessel Contracts and the Finance Documents to which it is a party and the transactions contemplated by those documents and to create the Security expressed to be created by the Security Documents to which it is or will be a party.

  • Any representation or statement made or deemed to be made by an Obligor in the Vessel Contracts and/or the Finance Documents or any other document delivered by or on behalf of any Obligor under or in connection with the Vessel Contracts and/or any Finance Document is or proves to have been incorrect or misleading in any material respect when made or deemed to be made.

  • System expenditures were for fleetwide engineering support ($41,000).• Vessel Contracts Using CAPS: This is a state funded project that is administrative in nature.

  • If the Company becomes subject to a withholding tax as result of the FATCA regime, the value of the Shares held by the Shareholders may suffer material losses.

  • No Borrower shall, without the prior written consent of the Agent, cancel, terminate, alter, amend or modify or cause or permit or suffer to be cancelled, terminated, amended or modified any of the Vessel Contracts or the insurances taken out on or in respect of any Vessel.

  • The Government's liability under this paragraph(b) and the Collision Liability and Protection and Indemnity Liabilities Insurance forms set forth in the pamphlet entitled "Standard Forms of Marine Builders Risk (Navy Form Syndicate) and War Damage Insurance Policies, referred to in Vessel Contracts of the Bureau N00024-95-C-2106 SCHEDULE of Ships, dated 23 November 1942, is subject to the availability of appropriated funds at the time a contingency occurs.

  • These criteria - financial capacity and the degree to which the crime was motivated by personal gain - are factual in nature and ascertainable.

  • The Vessel shall be properly insured in accordance with the Vessel Contracts and the Borrower shall do everything the Lender may reasonably require to protect the Lender’s interest as assignee of, or beneficiary under the Builder’s Risks Insurances and/or the Insurances.

  • Deferred assets refers to the amount paid for the acquisition of Rights under the Patrol Vessel Contracts plus interest expense capitalised until the Patrol Vessel Contracts started and is being amortised equally over 23 / financial years commencing October 1998.


More Definitions of Vessel Contracts

Vessel Contracts has the meaning set forth in Section 3.1(m).
Sample 1
Vessel Contracts means agreements, contracts or commitments with respect to the spot chartering of the Vessels entered into in the ordinary course of business of the Company or any of the Subsidiaries.
Sample 1

Related to Vessel Contracts

  • Hotel Contracts shall have the meaning set forth in Section 10.2(d).

  • Financial Contracts means any arrangement that:

  • Existing Contracts means the existing licenses and contracts given by the Railway Administration / Authority, in relation to commercial establishments, as existing on Station Development Land, as on the date of the Agreement, and as further set out in the Schedules, which shall, for avoidance of doubt, exclude any licenses and/ or contracts in relation to any Excluded Activities and/or Railway Operational Activities;

  • Project Contracts means collectively this Agreement, the Land Lease Agreement, the Construction Contract, O&M Contracts (if any) and any other material contract (other than the Financing Documents) entered into or may hereafter be entered into by the Concessionaire in connection with the Project;

  • 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;

  • Business Contracts has the meaning ascribed to it in Section 1.01(a)(v).

  • Supply Contracts means contracts having as their object the purchase, lease, rental or hire-purchase, with or without an option to buy, of products. A supply contract may include, as an incidental matter, siting and installation operations;

  • Initial Contracts means those Contracts conveyed to the Trust on the Closing Date.

  • Customer Contracts has the meaning set forth in Section 2.1(b)(ii)(A).

  • Material Contracts has the meaning set forth in Section 3.09(a).

  • IT Contracts means the contracts (whether or not in writing and including those currently being negotiated) under which any third party provides or will provide any element of, or services relating to, the IT Assets, including leasing, hire purchase, licensing, maintenance, website hosting, outsourcing, security, back-up, disaster recovery, insurance, cloud computing and other types of services agreements.

  • Seller Contracts means all contracts, agreements and leases, other than those that are Governmental Permits, to which Seller is a party and pertain to the ownership, operation or maintenance of the Assets or the Business, including those described on Schedule 1.8.

  • 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.

  • Trade Agreements means any applicable trade agreement to which Ontario is a signatory.

  • Scheduled Contracts has the meaning set forth in Section 4.16.

  • Assumed Contracts has the meaning set forth in Section 2.1(d).

  • Service Contracts means contracts or agreements, such as maintenance, supply, service or utility contracts.

  • Applicable Contracts has the meaning set forth in Section 2.15(a).

  • New Contracts means binding new agreements or amendments to existing agreements with customers.

  • Third Party Contracts means any agreements entered into by the Retailer and/or the Customer with any third parties, such as the Transmission Licensee and the MSSL, to enable the Retailer to retail electricity to Contestable Consumers. For the purposes of this Electricity Agreement, Third Party Contracts shall include, but is not limited to, the Retailer Use of Systems Agreement, the Market Support Services Agreement, and the Power System Operator•Market Participant Agreement (as defined under the Market Rules);

  • Specified Contracts has the meaning set forth in Section 4.13(a).

  • Assigned Contracts has the meaning set forth in Section 2.01(c).

  • Equipment Leases has the meaning set forth in Section 2.1.9.

  • Contracts means all contracts, leases, deeds, mortgages, licenses, instruments, notes, commitments, undertakings, indentures, joint ventures and all other agreements, commitments and legally binding arrangements, whether written or oral.

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;

  • Concession Contract means a contract for pecuniary interest concluded in writing between one or more economic operators and one or more contracting authorities within the meaning of Articles 168 and 172, in order to entrust the execution of works or the provision and management of services to an economic operator (the ‘concession’). The remuneration shall consist either solely in the right to exploit the works or services or in that right together with payment. The award of a concession contract shall involve the transfer to the concessionaire of an operating risk in exploiting those works or services encompassing demand risk or supply risk, or both. The concessionaire shall be deemed to assume an operating risk where, under normal operating conditions, there is no guarantee of recouping the investments made or the costs incurred in operating the works or the services at stake;