Common use of Xxxxx Act Restrictions Clause in Contracts

Xxxxx Act Restrictions. Notwithstanding the other provisions of this Warrant Agreement, in order to facilitate the Company’s compliance with the provisions of 46 U.S.C. § 55102 and the regulations promulgated thereunder, commonly referred to as the “Xxxxx Act,” and related Maritime Laws concerning the ownership of the Common Stock by Non-U.S. Citizens, with regard to its operation of vessels in the coastwise trade of the United States and with certain contractual obligations of the Company with the United States Government:

Appears in 7 contracts

Samples: Warrant and Warrant Agreement, Warrant Agreement (Horizon Lines, Inc.), Warrant Agreement (Horizon Lines, Inc.)

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Xxxxx Act Restrictions. Notwithstanding the other provisions of this Warrant AgreementArticle 14, in order to facilitate the Company’s compliance with the provisions of 46 U.S.C. § 55102 and the regulations promulgated thereunder, commonly referred to as the “Xxxxx Act,” and related Maritime Laws concerning the ownership of the Common Stock by Non-U.S. Citizens, with regard to its operation of vessels in the coastwise trade of the United States and with certain contractual obligations of the Company with the United States Government:

Appears in 1 contract

Samples: Supplemental Indenture (Horizon Lines, Inc.)

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