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For the purposes of this Agreement, any such Additional Vessels to be managed by the Manager under the terms of this Agreement shall also be referred to herein as Vessels. 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For the purposes of this Agreement, any such Additional Vessels to be managed by CSM under the terms of this Agreement shall also be referred to herein as Vessels.", "title": "Additional Vessels", "id": "additional-vessels", "examples": ["The Company and the Manager each acknowledge that the Initial Technical Services Fee for the IPO Vessels represents the fair market value of providing the Technical Services for each IPO Vessel on August 8, 2005 and that the Initial Technical Services Fee for the <strong>Additional Vessels</strong> represents the fair market value of providing the Technical Services Fee for each Additional Vessel as of the date such Additional Vessel was acquired by the Company.", "At or around each Upsize Trigger Date, the Agent shall circulate to each of the parties an amended Schedule 8 to reflect the increased Maximum Amount, which shall be calculated on the same basis as the initial Schedule 8, with a balloon payment of forty five per cent (45%), and amended Schedules 1 and 2 to reflect the amended Commitments and the <strong>Additional Vessels</strong> and Additional Borrowers.", "The Borrower has requested that the Lender advance an aggregate amount of up to $401,000,000 to the Borrower in order (a) together with the proceeds of the IPO, to assist in the financing of the Initial Vessels, (b) to provide working capital in an amount up to $15,000,000, and (c) to finance all or a portion of the purchase price of <strong>Additional Vessels</strong>.", "If any of the Vessels is sold or otherwise disposed of during the term of this Agreement and as a result CSM provides Commercial Management Services at any time to fewer than 25 Vessels, DSS shall replace such Vessel(s) with an Other Vessel(s) or an Additional Vessel(s) within three (3) months, in order for CSM to provide Commercial Management Services for no fewer than 25 Vessels.", "If DSS acquires or orders any <strong>additional vessels</strong> during the term of this Agreement, CSM will have a right of first refusal, exercisable up to four (4) times, to provide the Technical Management Services, any such vessels for which the offer has been exercised shall be deemed <strong>Additional Vessels</strong> up to a total number of 29 Vessels under the terms of this Agreement.", "If any of the Vessel(s) is sold or otherwise disposed of during the term of this Agreement and as a result CSM provides Technical Management Services at any time to fewer than 25 Vessels, DSS shall work in good faith to replace such Vessel(s) with an Other Vessel(s) or an Additional Vessel(s) within six (6) months.", "Mortgagor will cause this Supplement to be duly filed in accordance with the provisions of Chapter 313 and will otherwise cause compliance with and satisfaction of all of the provisions of Chapter 313 in order to establish and maintain the Mortgage as supplemented by this Supplement as a second preferred mortgage lien thereunder upon the Vessels, including the <strong>Additional Vessels</strong>.", "In the event this Agreement is terminated pursuant to the first sentence of Section 8.1, DSSI shall (i) work in good faith to replace the M/T Aias and the M/T Amoureux with Other Vessels or <strong>Additional Vessels</strong> (as such terms are defined in the MSA) within three (3) months of the termination and (ii) pay to CSM the amounts specified in paragraphs (a) and (b) of this Section 3.8, as applicable, until the replacement of the applicable vessel.", "Further, the settlement of any 409A Award may not be accelerated or deferred, except to the extent permitted by Section 409A.", "There are no vessels currently being built for APL or any Vessel Owning Subsidiary (including any <strong>Additional Vessels</strong>, such Vessels each a \u201cNewBuild Vessel\u201d)."], "related": [["recreational-vessel", "Recreational vessel", "Recreational vessel"], ["commercial-vessel", "Commercial vessel", "Commercial vessel"], ["fleet-vessels", "Fleet Vessels", "Fleet Vessels"], ["existing-vessel", "existing vessel", "existing vessel"], ["passenger-vessel", "Passenger vessel", "Passenger vessel"]], "related_snippets": [], "updated": "2026-03-14T06:33:37+00:00"}, "json": true, "cursor": ""}}