Shipping Act Sample Clauses

The Shipping Act clause establishes the legal framework governing the transportation of goods by sea, outlining the rights and obligations of parties involved in maritime shipping. It typically covers aspects such as carrier responsibilities, shipper duties, documentation requirements, and liability for loss or damage during transit. By setting clear rules for shipping operations, this clause ensures predictability and fairness in maritime commerce, helping to prevent disputes and allocate risk between carriers and shippers.
POPULAR SAMPLE Copied 1 times
Shipping Act. In all respects, the participation of the U.S. Carriers in the HLC Agreement with respect to U.S. Trades shall be subject to the U.S. Shipping Act of 1984. The following are the names and addresses of the principal offices of the parties to this Agreement: BBC Chartering Carriers GmbH & Co. KG1 ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇ D-2678 Leer, GERMANY BBC Chartering & Logistic GmbH & Co. KG1 ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇ D-2678 Leer, GERMANY Chipolbrok (Chinese-Polish Joint Stock Shipping Company) ▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ Shanghai, CHINA Hanssy Shipping Pte. Ltd. ▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, #▇▇-▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ 1. BBC Chartering Carriers GmbH & Co. KG and BBC Chartering & Logistics GmbH & Co. KG shall be treated as a single party with joint and several liability under this Agreement. Industrial Maritime Carriers, L.L.C. Suite 2400 One Canal Plaza ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇, ▇.▇.▇. Rickmers-Linie GmbH & Cie. ▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇
Shipping Act. In all respects, the participation of the U.S. Carriers in the HLC Agreement with respect to U.S. Trades shall be subject to the U.S. Shipping Act of 1984. The following are the names and addresses of the principal offices of the parties to this Agreement: BBC Chartering Carriers GmbH & Co. KG1 ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇ D-2678 Leer, GERMANY BBC Chartering & Logistic GmbH & Co. KG1 ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇ D-2678 Leer, GERMANY Hanssy Shipping Pte. Ltd. ▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, #▇▇-▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ 1. BBC Chartering Carriers GmbH & Co. KG and BBC Chartering & Logistics GmbH & Co. KG shall be treated as a single party with joint and several liability under this Agreement. Industrial Maritime Carriers, L.L.C. Suite 2400 One Canal Plaza ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇, ▇.▇.▇. Rickmers-Linie GmbH & Cie. ▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇
Shipping Act. In connection with the operation by the Company or any of its Subsidiaries of United States flag vessels, the Company and such Subsidiaries are citizens of the United States within the meaning of Section 2 of the Shipping Act, 1916, as amended.
Shipping Act. This instrument is subject to the applicable provisions of the Shipping Act of 1984, the Shipping Act of 1916, the Ocean Shipping Reform Act of 1998 and their respective implementing regulations. No future amendment or modification to this Lease will become effective until the appropriate procedures, if any, have been completed in accordance with the procedures of the appropriate federal agency that has jurisdiction.
Shipping Act. Shipping Act" shall mean the Shipping Act of 1916, as amended (46 ▇.▇.▇.▇▇. 801, et. seq.).
Shipping Act. Notwithstanding any provision to the contrary contained in this Indenture, the Conversion Agent shall not convert any Debentures if, after giving effect to such conversion, in excess of 25% the Common Stock of the Company would be owned by Persons who are not citizens of the United States or the Company would otherwise be in violation of the restriction on ownership of the Company's securities by Persons who are not citizens of the United States contained in the U.S. Shipping Act, 1916, and all amendments thereto as codified in 46 U.S.C. ss.s▇. ▇▇1, et.s▇▇. ▇▇d all regulations promulgated thereunder. The Company will provide the Conversion Agent with notice at any time when the conversion of any or all outstanding Debentures would not be permitted pursuant to this Section 12.12. If Debentures which a Holder desires to convert may not be converted pursuant to this Section 12.12, the Conversion Agent shall give notice to such Holder of such fact and such Debentures shall not be converted into Common Stock. The Conversion Agent shall give such Holder notice at such time as the Debentures proposed to be converted by such Holder may be converted pursuant to this Section 12.12.
Shipping Act. Notwithstanding any other provision contained herein, Tenant shall not use the premises hereby granted or furnish any facilities or services thereon for or in connection with a common carrier by water as that term is defined in the Shipping Act, 1984, as amended, unless and until this Agreement has been submitted to the Federal Maritime commission pursuant to Section 5, Shipping Act, 1984, and has either become effective under ▇▇▇ ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇ be subject to said Act.