Examples of Flag State in a sentence
The relevant Owner shall use the Ship only as a civil merchant trading ship (unless by mandatory operation of law it is used for any other purpose following its requisition by the government of its Flag State and only for the duration of such requisition, but subject always to the other provisions of this Agreement and the Finance Documents).
Except with approval, the registration of any Mortgaged Ship under the laws and flag of its Flag State is cancelled or terminated or, where applicable, not renewed or, if such Ship is only provisionally registered on the date of this Agreement, such Ship is not permanently registered under such laws within 20 days of such date.
Charter N/A Charterer N/A Flag State Malta Classification 100A1, Container Ship, ShipRig ht (SDA, CM, ACS(B)), Ice Class 1A FS, *IWS, LI, ECO(BWT,NOx3), ECL(2), BoxMax (V,W,L) +LMC, UMS, NAV1, IBS Classification Society Lloyds Register Major Casualty Amount $2,000,000 165 Ship H Name Hull Number CV5900-08 Owner Boxsail (No.4) Corp.
Evidence that the Mortgage in respect of the Relevant Ship has been registered with first priority and/or preferred status against the Relevant Ship through the relevant Registry under the laws and flag of the relevant Flag State.
Except with approval, if the Hellenic Republic is the Flag State of a Mortgaged Ship, the relevant Owner commits any breach of or varies or cancels the Ministerial Decision (as defined in the relevant Mortgage) with respect to that Mortgaged Ship.