AK definition
Examples of AK in a sentence
SECTION 2.2 The parties hereto acknowledge and agree that offering a charter to a Dry Bulk Vessel owned, directly or indirectly, by the Company meeting the criteria for such charter pursuant to Section 2.1 is subject to the relevant charterer agreeing to enter into such charter with the Company’s subsidiary owning such Dry Bulk Vessel, failing which the relevant charter shall remain available to the relevant Dry Bulk Vessel so owned or managed by AK and no offer under Section 2.1 shall be made.
If the Company accepts such offer, AK shall cooperate in good faith with the Company to transfer the Dry Bulk Vessels and any related portion of the business on the terms and conditions included in the offer as soon as reasonably practicable.
SECTION 4.4 AK and the Company acknowledge that all potential transfers pursuant to this Article IV are subject to obtaining any and all written consents of governmental authorities and non-affiliated third parties.
SECTION 3.3 For the avoidance of doubt, this Article III does not apply to the acquisition by AK, directly or indirectly, of any shares or other equity interests in the Company or in Costamare Inc.
SECTION 4.1 In the event AK acquires or intends to acquire any ownership interest in a Dry Bulk Vessel or in a Dry Bulk Vessel Business that would be a Competitive Activity (any of the foregoing, a “Dry Bulk Vessel Opportunity”), AK shall comply, at his option, with the procedures set forth in Section 4.2 or Section 4.3 (as applicable).