Vessels definition

Vessels shall have the meaning set forth in the recitals.
Vessels means the shipping vessels owned by and registered (or to be owned by and registered) in the name of the Company or any of its Subsidiaries or operated by the Company or any of its Subsidiaries pursuant to a lease or other operating agreement constituting a capital lease obligation, in each case together with all related equipment and any additions or improvements.
Vessels means 1 or more of the ships to be constructed or repaired under the terms of the Prime Contract.PLEASE NOTE THAT ALL CLAUSES PRESENTED HEREAFTER APPEAR IN ALPHABETICAL ORDER.

Examples of Vessels in a sentence

  • KFTL shall promptly report any damage to Vessels, equipment, Containers or Cargo occurring during stevedoring operations or at any time on the Terminal including during gate operations via a damage report (“Damage Report”) signed by both Parties.

  • The levels of cover shall be in line with that which is normally taken out by a prudent operator of comparable Vessels in similar trades, and the Shipping Line shall provide KFTL with documentary evidence of such insurance cover upon request.


More Definitions of Vessels

Vessels means the vessels owned, under construction or to be acquired by the Company or any of its Subsidiaries from time to time as set out in Schedule A, as the same may be amended from time to time in accordance with Section 2.8, and “Vessel” means any one of them.
Vessels means all vessels set out in Schedule “B” to this Agreement as of the date hereof and any Additional Vessels.
Vessels means any vessels operated by the Company on a chartered in and/or chartered out basis, and/or, all of which are subject to this Agreement and “Vessel” means any of them.
Vessels means collectively the Vessel and the Other Vessels.
Vessels means, collectively, the Cdn. Vessels and the US Vessels.
Vessels and "aircraft" means waterborne or airborne craft of any type whatsoever. This expression includes air cushioned craft and floating craft, whether self-propelled or not;
Vessels means vessels as defined in Section 21 of the Harbors and Navigation Code.