a Vessel definition

a Vessel means either of them as the context may require.
a Vessel means a maritime surveillance vessel belonging to one of the parties as defined in Art. 1.2 (f) which is for the time being used for fisheries surveillance and enforcement purposes in the waters of the parties in accordance with the terms of this Agreement, together with its crew and other operational personnel;
a Vessel. “Section”, “Management Fees”, “each Shipmanagement Agreement”, “Subsidiaries”, and “Article XI” shall be construed as references to the Owners, the Owners, the Managers, any Submanager, the Vessel, Clause, management fee, this Agreement, the Owners and Clause 11, respectively, when used herein.

Examples of a Vessel in a sentence

  • None of the Collateral consists of, or is the Proceeds of, (i) As-Extracted Collateral, (ii) Consumer Goods, (iii) Farm Products, (iv) Manufactured Homes, (v) standing timber, (vi) an aircraft, airframe, aircraft engine or related property, (vii) an aircraft leasehold interest, (viii) a Vessel or (ix) any other interest in or to any of the foregoing.

  • The registration of a Vessel or a Mortgage is contested or becomes void or voidable or liable to cancellation or termination, or the validity or priority of a Mortgage is contested.

  • Sale of a Vessel may also occur through the ordinary enforcement of a judgment debt against the owner of that ▇▇▇▇▇▇.

  • This Act confers a right of sale on the Company in circumstances where you fail to collect or accept re-delivery of the goods (which includes a Vessel and/or any other property) or fail to pay for goods or services provided by us despite repeated requests for payment over a period of 90 days or more.

  • All Existing Principal Subsidiaries are direct or indirect wholly-owned Subsidiaries of the Borrower, except to the extent any such Existing Principal Subsidiary or an interest therein has been sold in accordance with clause (b) of Section 6.2.7 or such Existing Principal Subsidiary no longer owns a Vessel.

  • However, in the event that a Vessel is able to secure an at‐sea‐monitor through a private contract with a NMFS approved at‐sea‐monitoring service provider the vessel will be exempted from the 72 hour notification requirement.

  • Sale of a Vessel may also occur through the ordinary enforcement of a judgment debt against the Owner of a Vessel or other property.

  • The Company, with reasonable notice to the Manager, may remove a Vessel from the engagement under this Agreement, provided that the Manager is being engaged to manage such Vessel under a separate agreement with the Company.

  • All Existing Principal Subsidiaries are direct or indirect wholly-owned Subsidiaries of the Borrower, except to the extent any such Existing Principal Subsidiary or an interest therein has been sold in accordance with clause (b) of Section 7.2.7 or such Existing Principal Subsidiary no longer owns a Vessel.

  • When a Tug providing services to a Vessel is operating in ice conditions, the rate charged for that Tug shall be increased by fifty percent (50%) over the applicable rate and /or hourly rate set forth herein.

Related to a Vessel

  • Tank vessel means a ship that is constructed or adapted to carry, or that carries, oil in bulk as cargo or cargo residue, and that:

  • U.S.-flag vessel means a vessel of the United States or belonging to the United States, including any vessel registered or having national status under the laws of the United States.

  • Vessel means every description of watercraft, other than a seaplane on the water, used or capable of being used as a means of transportation on water.

  • Fleet Vessels means all of the vessels (including, but not limited to, the Ships) from time to time wholly owned by members of the Group (each a “Fleet Vessel”);

  • Passenger vessel means any boat, ship, vessel, barge, or other floating craft of any kind carrying passengers for compensation.