OPA Sample Clauses
The OPA (Owner's Protective Agreement) clause is designed to protect the interests of the property owner in contractual arrangements, particularly in construction or service agreements. This clause typically outlines the responsibilities and obligations of contractors or service providers to ensure that the owner's property is not damaged and that the owner is indemnified against certain risks or liabilities. For example, it may require contractors to carry specific insurance or to promptly address any damages caused during their work. The core function of the OPA clause is to allocate risk and provide a clear framework for protecting the owner's assets and interests during the execution of a project.
OPA. It is mutually understood that Oil Pollution Act of 1990 (OPA) surcharges for trading to the United States ports/territories shall be for Charterer’s account.
OPA. 3.9.1 If instructed by the Owners, the Managers will: (i) arrange for the preparation, filing and updating of a contingency Vessel Response Plan in accordance with the requirements of OPA and instruct the Crew in all aspects of the operation of such plan; (ii) identify and ensure the availability by contract or otherwise of a Qualified Individual, a Spill Management Team, an Oil Spill Removal Organisation, resources having salvage, firefighting, lightering and, if applicable, dispersant capabilities, and public relations/media personnel to assist the Owners to deal with the media in the event of discharges of oil.
3.9.2 The Managers are expressly authorised as agents for the Owners to enter into such arrangements by Contract or otherwise as are required to ensure the availability of the services outlined in Clause 3.8.1. The Managers are further expressly authorised as agents for the Owners to enter into such other arrangements as may from time to time be necessary to satisfy the requirements of OPA or other Federal or State laws.
3.9.3 The Owners will pay the fees due to third parties providing the services described above together with costs to the Managers if any. The level of fees will be included in the Vessel's running costs.
3.9.4 On termination of this Agreement, the Vessel Response Plan and all documentation will be returned to the Managers at the expense of the Owners, provided such expense does not exceed US$150.
OPA. 16 (1) How and when to forward complaints received at precincts to
OPA. 30.1 The Managers will:
(i) arrange for the preparation, filing and updating of a contingency Vessel Response Plan in accordance with the requirements of OPA and instruct the Crew in all aspects of the operation of such plan; and
(ii) identify and ensure the availability by contract or otherwise of a Qualified Individual, a Spill Management Team, an Oil Spill Removal Organization, resources having salvage, fire fighting, lightering and, if applicable, dispersant capabilities, and public relations/media personnel to assist the Owners to deal with the media in the event of discharges of oil.
30.2 The Managers are expressly authorized as agents for the Owners to enter into such arrangements by contract or otherwise as are required to ensure the availability of the services outlined in Clause 30.1. The Managers are further expressly authorized as agents for the Owners to enter into such other arrangements as may from time to time be necessary to satisfy the requirements of OPA or other US Federal or State laws.
30.3 The Owners will pay the fees due to third parties providing the services described above. The third party fees will be included in the Vessel's running costs.
30.4 On termination of this Agreement, the Vessel Response Plan and all documentation will be returned to the Managers at the expense of the Owners.
OPA. 21.1 The Managers will:-
(i) arrange for the preparation, filing and updating of a contingency Vessel Response Plan in accordance with the requirements of OPA and instruct the Crew in all aspects of the operation of such plan;
(ii) Identify and ensure the availability by contract or otherwise of a Qualified individual, a Spill Management Team, an Oil Spill Removal Organisation, resources having salvage, fire fighting, lightering and, if applicable, dispersant capabilities, and public relations/media personnel to assist the Owners to deal with the media in the event of discharges of oil.
21.2 The Managers are expressly authorised as agents for the Owners to enter into such arrangements by contract or otherwise as are required to ensure the availability of the services outlined in Clause 21.1. The Managers are further expressly authorised as agents for the Owners to enter into such other arrangements as may from time to time be necessary to satisfy the requirements of OPA or other US Federal or State laws.
21.3 The Owners will pay the fees due to third parties providing the services described above together with a fee to the Managers for their services. The level of fees will be included in the Vessel’s running costs.
21.4 On termination of this Agreement, the Vessel Response Plan and all documentation will be returned to the Managers at the expense of the Owners.
OPA. Es la oferta pública de adquisición (OPA) que será lanzada por el FIDEICOMISARIO a favor de todos los accionistas de la SOCIEDAD con el objeto de adquirir acciones con derecho a voto de la SOCIEDAD, por una cantidad que se encuentre entre el diez punto setenta y ocho por ciento (10.78%) y diecisiete punto cuarenta y dos por ciento (17.42%) del capital social, según lo establecido en el TOSA. PARTES: Son, conjuntamente: (i) cada uno de los FIDEICOMITENTES; (ii) el FIDEICOMISARIO; y, (iii) LA FIDUCIARIA. PATRIMONIO FIDEICOMETIDO: Es el patrimonio autónomo constituido por las ACCIONES, junto con todos los derechos que emanen de las mismas. Se incluye dentro de estos derechos, los derechos de cobro y flujos dinerarios derivados de cualquier venta de las ACCIONES (con excepción de los flujos producto de venta de las ACCIONES ADICIONALES conforme a lo establecido en el numeral 6.7.1 de la Cláusula Sexta del presente CONTRATO) que realicen los FIDEICOMITENTES de manera directa, una vez que las ACCIONES ▇▇▇▇ liberadas del PATRIMONIO FIDEICOMETIDO, según lo establecido en el presente CONTRATO. Las PARTES señalan de manera expresa que el cien por ciento (100%) del PATRIMONIO FIDEICOMETIDO está destinado a servir como garantía del cumplimiento de las OBLIGACIONES GARANTIZADAS.
OPA. IS shall conduct a preliminary investigation on every complaint before determining whether to proceed with a full investigation of the complaint.
OPA. Oil Pollution Act of 1990 endorsement with a limit of liability of $35,000,000 or qualified self-insurer with the Minerals Management Service.
OPA. 3.9.1 If instructed by the Owners, the Managers will: (i) arrange for the preparation, filing and updating of a contingency Vessel Response Plan in accordance with the requirements of OPA and instruct the Crew in all aspects of the operation of such plan; (ii) identify and ensure the availability by contract or otherwise of a Qualified Individual, a Spill Management Team, an Oil Spill Removal Organisation, resources having salvage, firefighting, lightering and, if applicable, dispersant capabilities, and public relations/media personnel to assist the Owners to deal with the media in the event of discharges of oil.
3.9.2 The Managers are expressly authorised as agents for the Owners to enter into such arrangements by Contract or otherwise as are required to ensure the availability of the services outlined in Clause 3.8.1. The Managers are further expressly authorised as agents for the Owners to enter into such other arrangements as may from time to time be necessary to satisfy the requirements of OPA or other Federal or State laws. Ship Technical Management Agreement OWNERS MANAGERS V.SHIPS SHIP MANAGEMENT AGREEMENT Version Number : 01-2020 Page Number : 12 of 30 Doc: VSMA File : Exelixsea
3.9.3 The Owners will pay the fees due to third parties providing the services described above together with costs to the Managers if any. The level of fees will be included in the Vessel’s running costs.
3.9.4 On termination of this Agreement, the Vessel Response Plan and all documentation will be returned to the Managers at the expense of the Owners, provided such expense does not exceed US$150.
OPA. 7.1 Purchaser shall, at its sole expenses and risk, effect the public offer for purchase of common shares held by TCOPar’s minority shareholders, in compliance with art. 254-A of the Brazilian Corporations Acts.