Common use of General Qualifications Clause in Contracts

General Qualifications. To be eligi- ble to enter into an Interim CCF Agreement an applicant must: (1) Be a citizen of the United States (citizenship requirements are those for documenting vessels in the coastwise trade within the meaning of section 2 of the Shipping Act, 1916, as amended); (2) Own or lease one or more eligible vessels (as defined in section 607(k)(1) of the Act) operating in the foreign or domestic commerce of the United States. (3) Have an acceptable program for the acquisition, construction, or recon- struction of one or more qualified ves- sels (as defined in section 607(k)(2) of the Act). Qualified vessels must be for commercial operation in the fisheries of the United States. If the qualified vessel is 5 net tons or over, it must be documented in the fisheries of the United States. Dual documentation in both the fisheries and the coastwise trade of the United States is permis- sible. Any vessel which will carry fish- ing parties for hire must be inspected and certified (under 46 CFR part 176) by the U.S. Coast Guard as qualified to carry more than six passengers or dem- onstrate to the Secretary’s satisfaction that the carrying of fishing parties for hire will constitute its primary activ- ity. The program must be a firm rep- resentation of the applicant’s actual intentions. Vague or contingent objec- tives will not be acceptable.

Appears in 4 contracts

Sources: Capital Construction Fund Agreement, Capital Construction Fund Agreement, Capital Construction Fund Agreement