Vessel Exchange definition

Vessel Exchange means the exchange of a Mortgaged Vessel for a Vessel which Vessel shall constitute an Acceptable Replacement Vessel and provided that the following conditions are satisfied with respect to such exchange:
Sample 1Sample 2Sample 3
Vessel Exchange means the exchange of a Vessel for another vessel which vessel shall constitute an Acceptable Replacement Vessel and provided that the following conditions are satisfied with respect to such exchange:
Sample 1Sample 2Sample 3
Vessel Exchange means the exchange of (x) a Mortgaged Vessel for a Vessel which Vessel shall constitute an Acceptable Replacement Vessel or (y) the “Stena Victory” for the “Stena Vision,” or the “Stena Vision” for the “Stena Victory”; provided that, in each case, the following conditions are satisfied with respect to such exchange:
Sample 1Sample 2

Examples of Vessel Exchange in a sentence

  • In connection with the foregoing license, the Grantee agrees not to use, reproduce, adapt, or display the Photographs, or allow others to do so, in a manner that tends to subject DBW or its Abandoned Watercraft Abatement Fund Grants (AWAF), Vessel Turn In Program (VTIP) and/or Surrendered and Abandoned Vessel Exchange (SAVE) programs to ridicule, disparagement, mockery, satire, or that could tarnish the image of the DBW’s AWAF, VTIP, and/or SAVE programs.

  • It is anticipated that services required under any resulting Master Agreements will be funded, either in whole or in part, by a grant from the California State Parks, Division of Boating and Waterways, Surrendered and Abandoned Vessel Exchange (SAVE) grant program for Fiscal Year 2019-2020, and any and all subsequent grant years, and, as such, shall be subject to all policies, provisions, and requirements of such grant(s) or any other grants obtained during the term of this Master Agreement.

  • Harbormaster Anderson stated that twelve surrendered vessels are scheduled for demolition at the boatyard on April 27, 2022, through the Surrendered and Abandoned Vessel Exchange (SAVE) Grant Program.

  • STAFF REPORT: The Surrendered and Abandoned Vessel Exchange (SAVE) program grant funds are comprised of a combination of grant funds from the Abandoned Watercraft Abatement Fund (AWAF) and the Vessel Turn-In Program (VTIP), and grant funds may be used by the City for either purpose.

  • RBRA received $250,000 in the California Division of Boating & Waterways’ 2019-20 funding cycle for its Surrendered and Abandoned Vessel Exchange (SAVE) grant program.

  • Harbormaster Anderson stated that on March 3, 2021, six derelict boats will be demolished and removed from the harbor through the Surrendered and Abandoned Vessel Exchange (SAVE) grant program.

  • The team was assembled because of their scientific and technical competence and their experience in each of the five study areas.

  • Working with the appropriate agencies and policymakers, the Sanctuary will provide guidance on policies to expand the California Surrendered And Abandoned Vessel Exchange (SAVE) grant program administered by the California State Parks Division of Boating and Waterways (DBW) to apply to both commercial & recreational vessels.

  • All specifications are dependent on product and installation conditions.Mechanical, pneumatic and electromagnetic vibratory feeders were tested with positive result.

  • The Consultant and RSS shall also follow the procedures as stipulated in Section 5.12 of this Handbook for outside work before RSS can take up the RSS post in another AACSB/EACSB consultancy agreement during the terminal leave period.


More Definitions of Vessel Exchange

Vessel Exchange means the exchange of a Mortgaged Vessel for a Vessel which constitutes an Acceptable Replacement Vessel, provided that (i) the provisions of Sections 8.16 and 9.02 are satisfied in connection therewith and (ii) the Administrative Agent shall have received a certificate, dated the Vessel Exchange Date, signed by a senior financial officer of the Borrower which certificate shall set forth the calculations required to establish whether the Borrower is in compliance with the provisions of Section 9.11 after giving effect to such Vessel Exchange and certifying that the replacement Vessel constitutes an Acceptable Replacement Vessel and that the provisions of Section 8.16 and Section 9.02(i) are satisfied in connection therewith. Upon the occurrence of a Vessel Exchange, the Collateral Agent shall, at the request of the Borrower, terminate and release all Liens on the replaced Vessel subject to such Vessel Exchange.
Sample 1

Related to Vessel Exchange

  • National Exchange means the Nasdaq National Market or any other national exchange on which the Common Stock of the Corporation is listed.

  • Principal Exchange means, in respect of a Share, any stock exchange or quotation system on which such Share is listed. As of the date of this Information Statement, the Principal Exchange for each Share is as set forth under "Summary Information Regarding the Companies".

  • Relevant Exchange means the Relevant Exchange as specified in § 2 of the Product and Underlying Data.In the case of a material change in the market conditions at the Relevant Exchange, such as a final discontinuation of the quotation of the Underlying at the Relevant Exchange and the quotation at a different stock exchange or a considerably restricted number or liquidity, the Relevant Exchange shall be substituted as the Relevant Exchange by another exchange that offers satisfactorily liquid trading in the Underlying (the "Substitute Exchange"); such exchange shall be determined by the Calculation Agent acting in accordance with relevant market practice and in good faith. In this case, any reference to the Relevant Exchange in the Terms and Conditions of these Securities shall be deemed to refer to the Substitute Exchange.

  • Irish Stock Exchange means the Irish Stock Exchange Limited.

  • Optional Exchange means the exchange of the Certificates by the Trust for the Underlying Securities pursuant to Section 7(a) hereof.

  • Hong Kong Stock Exchange means The Stock Exchange of Hong Kong Limited;

  • Stock Exchange The Stock Exchange of Hong Kong Limited

  • Power Exchange means any exchange operating as the power exchange for electricity in terms of the orders issued by the Central Commission;

  • Relevant Stock Exchange for the Fund means the primary exchange or quotation system on which shares (or other applicable securities) of the Fund are traded, as determined by the Calculation Agent.

  • London Stock Exchange means London Stock Exchange plc;

  • the London Stock Exchange means London Stock Exchange plc;

  • Final Exchange Bulletin means the Exchange Bulletin which is issued following closing of the Qualifying Transaction and the submission of all required documentation and that evidences the final Exchange acceptance of the Qualifying Transaction.

  • Reference Exchange means XETRA.

  • Local Exchange Carrier or "LEC" means any Carrier that is engaged in the provision of telephone Exchange Service or Exchange Access. Such term does not include a Carrier insofar as such Carrier is engaged in the provision of a commercial mobile service under Section 332(c) of the Act, except to the extent that the FCC finds that such service should be included in the definition of such term.

  • Primary Exchange means, with respect to each Index constituent or each constituent underlying a Successor Index, the primary exchange or market of trading such Index constituent or such constituent underlying a Successor Index.

  • Recognised Exchange means the stock exchanges or markets set out in Appendix II.

  • Flea market means a market place, other than a dealer's location licensed under this chapter, where a space or location is provided for a fee or compensation to a seller to exhibit and offer for sale or trade, motor vehicles to the general public.

  • Related Exchange means each exchange or quotation system where trading has a material effect (as determined by the Calculation Agent) on the overall market for futures or options contracts relating to the FTSE 100, including any transferee or successor to any such exchange or quotation system or any substitute exchange or quotation system to which trading in futures or options contracts relating to the FTSE 100 has temporarily relocated (provided that the Calculation Agent has determined that there is comparable liquidity relative to

  • Recognised Futures Exchange means an international futures exchange which is recognised by the SFC or which is approved by the Manager.

  • Approved Exchange means the New York Stock Exchange and/or the Nasdaq Stock Market.

  • Optional Exchange Date means any date on which Underlying Securities subject to Optional Exchange are distributed to a Certificateholder.

  • Stock Exchanges means BSE Limited and National Stock Exchange of India Limited;

  • SIX Swiss Exchange means SIX Swiss Exchange AG and any successor thereto; and

  • Approved Stock Exchange means the New York Stock Exchange, NASDAQ or such other stock exchange in the United States of America, the United Kingdom or Hong Kong as is approved in writing by the Facility Agent or, in each case, any successor thereto.

  • Recognized Stock Exchange means any stock exchange agreed upon by the competent authorities of the Contracting Parties;

  • JOBURG MARKET means Johannesburg Fresh Produce Market (SOC) Limited (trading as Joburg Market), a corporatized municipal entity incorporated in terms of the laws of the RSA under registration number 2000/023383/07 and with VAT registration number 4840195038, with its domicilium citandi et executandi situated at The Office of the CEO, 3rd Floor, Main Building, Joburg Market, 4 Fortune Road (off Heidelberg Road), City Deep, 2049, Johannesburg.