Vessel Purchase Agreement definition

Vessel Purchase Agreement means each of the Vessel A Purchase Agreement and the Vessel B Purchase Agreement and in the plural means both of them. Words and expressions defined in Schedule 4 (Vessel Details) shall have the meanings given to them therein as if the same were set out in full in this clause 1.2.
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Vessel Purchase Agreement means the Memorandum of Agreement dated October 10, 2014 between Partrederiet Teekay Shipping Partners DA and the Borrower for the purchase of the Vessel.
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Vessel Purchase Agreement means each of the Vessel A Purchase Agreement and the Vessel B Purchase Agreement and in the plural means both of them.Words and expressions defined in Schedule 4 (Vessel Details) shall have the meanings given to them therein as if the same were set out in full in this clause 1.2.
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Examples of Vessel Purchase Agreement in a sentence

  • Defendants Global LLC, IMA, and the Gebells move for summary judgment arguing White's claims are subject to arbitration under paragraph 11 of a "Partnership Vessel Purchase Agreement" signed by plaintiff White as "Selling Partner" and Francesco Bombaci as "Buying Partner":11.

  • In the alternative, defendants assert they are entitled to summary judgment on the merits of White's claims pursuant to paragraph 14 of the "Partnership Vessel Purchase Agreement," under which White waived and discharged any claims against the Broker.

  • No. 2003-CV-00166-TSZ); (g) any claims related to the improper classification of employees for purposes of the Fair Labor Standards Act or other applicable law during any period prior to Closing; (h) any claim related to Seller’s effecting a tax-deferred exchange in accordance with Code Section 1031 as contemplated by the Vessel Purchase Agreement; and (i) any claim involving any dispute among Sea Coast, Seller, Saltchuk, Xxxxxx X.

  • In the event Seller elects to sell certain vessels to Buyer pursuant to the Vessel Purchase Agreement under Section 5.19, Buyer agrees to execute and deliver to Seller an exemption certificate for the State of Washington, as described in paragraph 8 of such Vessel Purchase Agreement.

  • For and on behalf of the Seller: For and on behalf of the Buyer: Name:_________________________________ Name:_________________________________ Title:__________________________________ Title:__________________________________ in respect of m.v. “Golar Nanook” We refer to a Vessel Purchase Agreement dated [●] (the “Agreement”) and made between [●] (the “Seller”) and [●] (the “Buyer”) in respect of the Vessel.

  • Each Guarantor shall remain liable to Company for the amount so repaid to the same extent as if such amount had never originally been received by Company, notwithstanding any termination hereof or the cancellation of any Vessel Purchase Agreement or other instrument evidencing any of the indebtedness or obligations of either of HCE under any Vessel Purchase Agreement.

  • Except for Permitted Liens, AMCV will not permit Oceanic Ship Co. to sell, lease (other than leasing of the Vessel in the ordinary course of business) or transfer or otherwise dispose of the Vessel or contract rights under the Vessel Purchase Agreement without Zell'x xxxor approval.

  • In the event Seller elects not to sell any vessels to Buyer under the Vessel Purchase Agreement, then the 1031 Value shall equal zero.

  • Purchaser acknowledges that Seller has made available to Purchaser a copy of the Option Agreement and Vessel Purchase Agreement and all Ancillary Agreements (as defined in the Vessel Purchase Agreement) prior to the date hereof.

  • In such case, the parties hereto agree that (A) the total purchase price for the vessels identified in the Vessel Purchase Agreement shall equal the fair market value of such vessels, as determined under Schedule 5.10(a) (the “1031 Value”); and (B) the total amount of consideration attributed to the Taxable Sale (as defined in Section 5.10(a)(ii)), and the amount of consideration to be allocated for the purchase price allocation on IRS Form 8594, shall be reduced by the 1031 Value.


More Definitions of Vessel Purchase Agreement

Vessel Purchase Agreement means that certain Buy-Sell Agreement dated August 2, 1996 between the Company and Bxxx Gaming Corporation, pursuant to which the Company agreed to purchase the Bossier Riverboat.
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Vessel Purchase Agreement has the meaning specified in the Preliminary Statements.
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Vessel Purchase Agreement has the meaning set forth in Section 2.3(a).
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Related to Vessel Purchase Agreement

  • Original Purchase Agreement has the meaning set forth in the recitals to this Agreement.

  • Note Purchase Agreement means the Note Purchase Agreement, dated as of the Issuance Date, among the Company, the Subordination Agent, the Escrow Agent, the Paying Agent, and the Pass Through Trustee under each Pass Through Trust Agreement providing for, among other things, the issuance and sale of certain equipment notes, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Aircraft Purchase Agreement Has the meaning specified in the NPA.

  • Initial Purchase Agreement means the Purchase Agreement (including the related Blanket Endorsement, Initial Xxxx of Sale and any attachments thereto) substantially in the form of Attachment A hereto (of which these Master Terms form a part by reference), to be executed by VL Funding, the VL Funding Eligible Lender Trustee on behalf of VL Funding, Funding and the Interim Eligible Lender Trustee on behalf of Funding, which shall certify that the representations and warranties made by VL Funding as set forth in Sections 5(A) and (B) and by the Servicer as set forth in Section 5(C) of these Master Terms are true and correct as of the Closing Date.

  • Rental-purchase agreement means an agreement for the use of personal property by a lessee primarily for personal, family, or household purposes, for an initial period of 4 months or less that is automatically renewable with each payment after the initial period and that permits the lessee to become the owner of the property. Rental-purchase agreements shall not include any of the following:

  • Loan Purchase Agreement The Loan Purchase Agreement described in the Recitals to this Agreement, which Loan Purchase Agreement incorporates the terms of the Aurora Loan Services Seller Guide, as the same may be amended from time to time.

  • Additional Purchase Agreement means each Additional Purchase Agreement (including the related Additional Xxxx of Sale, the related Blanket Endorsement and any attachments thereto), substantially in the form of Attachment C hereto (of which these Master Terms form a part by reference, provided that in the event of a substitution, the form will be modified accordingly), to be executed by SLM ECFC, Funding and the Interim Eligible Lender Trustee for the benefit of Funding, which certifies that the representations and warranties made by SLM ECFC as set forth in Sections 5(A) and (B) of these Master Terms are true and correct as of the related Purchase Date.

  • hire-purchase agreement means an agreement, other than a conditional sale agreement, under which—

  • Bond Purchase Agreement means a Bond Purchase Agreement, dated as of the sale of the Series LL- Bonds, entered into by and between KUB and the Underwriter, in substantially the form of the document attached hereto as Exhibit A, subject to such changes as permitted by Section 10 hereof, as approved by the President and Chief Executive Officer of KUB, consistent with the terms of this resolution;

  • Note Purchase Agreements means (i) that certain Note Purchase Agreement, dated as of April 16, 2014 among the Parent, the Borrower, and the purchasers party thereto, (ii) that certain Note Purchase Agreement, dated as of December 18, 2014 among the Parent, the Borrower, and the purchasers party thereto, and (iii) that certain Note Purchase Agreement, dated as of June 13, 2018, among the Parent, the Borrower, and the purchasers party thereto, in each case as amended from time to time.

  • Forward Purchase Agreement means an agreement that provides for the sale of equity securities in a private placement that will close substantially concurrently with the consummation of a Business Combination.

  • Receivables Purchase Agreement means the receivables purchase agreement, dated as of the Closing Date, between AHFC and the Seller, as amended or supplemented from time to time.

  • Lease-purchase agreement means an agreement for the use of personal property by a natural person primarily for personal, family or household purposes, for an initial period of four months or less that is automatically renewable with each payment after the initial period, but does not obligate or require the consumer to continue leasing or using the property beyond the initial period, and that permits the consumer to become the owner of the property.

  • Sale and Purchase Agreement means all the agreements entered into from time to time (whether before, on or after the date of this Agreement) by the Borrower for the sale of the Units and shall include any one or more or all of the Sale and Purchase Agreements.

  • Share Purchase Agreement has the meaning set forth in the Recitals.

  • Mortgage Loan Purchase Agreement The agreement between the Seller and the Depositor, regarding the transfer of the Mortgage Loans by the Seller to or at the direction of the Depositor, substantially in the form of Exhibit D annexed hereto.

  • Subsequent Mortgage Loan Purchase Agreement The agreement between the Depositor and the Seller regarding the transfer of the Subsequent Mortgage Loans by the Seller to the Depositor.

  • Series B Purchase Agreement has the meaning set forth in the Recitals.

  • Master Purchase Agreement means the master purchase agreement between the Holder and the Corporation dated as of January 30, 2023;

  • Unit Purchase Agreement means the Common Unit and Class B Unit Purchase Agreement, dated as of December 1, 2006, among the Partnership and the purchasers named therein.

  • Securities Purchase Agreement means that certain securities purchase agreement, dated as of the Subscription Date, by and among the Company and the initial holders of the Notes pursuant to which the Company issued the Notes, as may be amended from time to time.

  • Asset Purchase Agreement has the meaning set forth in the Recitals.

  • Purchase Agreement Assignment means the Purchase Agreement and Engine Warranties Assignment [________], dated as of even date with the Participation Agreement, between Lessee and Owner Trustee.

  • Certificate Purchase Agreement The Purchase Agreement, dated as of [_______], among the Depositor and the Initial Purchasers, relating to the Privately Offered Certificates.

  • Advance Purchase Agreements means (a) an advance or deferred purchase agreement if the agreement is in respect of the supply of assets or services and payment in the normal course of business with credit periods which are normal for the relevant type of project contracts, or (b) any other trade credit incurred in the ordinary course of business.

  • Purchase Agreements has the meaning set forth in the Recitals.