Approved Charter definition

Approved Charter means, in relation to:
Approved Charter means any time charterparty in respect of a Ship of a duration (or capable of being or exceeding a duration whether for a fixed period or by option for extension) of 12 months or more;
Approved Charter means, in relation to a Ship, any time charter party of that Ship to be entered by the relevant Borrower and a charterer in all respects acceptable to the Lender, exceeding or which, by virtue of any optional extensions is capable of exceeding, 12 months in duration as the same may be amended or supplemented from time to time in favour and substance in all respects acceptable to the Lender;

Examples of Approved Charter in a sentence

  • The Approved Charter between the school and the Idaho Public Charter School Commission6.

  • Required Documents:• Charter Application: (Met as part of the charter application approval process.)• Approved Charter AmendmentsOther Evidenceb.

  • The Charter School shall utilize an autonomous governing body in the form of a Governing Board, which shall operate in accordance with its bylaws and Appendix B (Locally Approved Charter School Partners Roles and Responsibilities Chart) of this Charter and which shall be responsible for complying with and carrying out the provisions of this Charter, including compliance with all applicable law.

  • The Approved Charter and performance contract between the school and the Idaho Public Charter School Commission6.

  • Only carriers from the Approved Charter Bus Contractor List will be considered.


More Definitions of Approved Charter

Approved Charter means, at any relevant time, any charter or other contract of employment entered into by the Borrower in respect of the Ship, which:
Approved Charter means each of them;
Approved Charter means the time charterparty dated 22 January 2011] (as amended and supplemented from time to time) and made between the Borrower and the Approved Charterer for a firm period of at least 3 years (starting from the Delivery Date) at a gross daily charter hire rate of at least $23,000 and on such other terms approved by the Lender prior to the date of this Agreement;
Approved Charter means any charterparty, contract or engagement of affreightment or for the carriage or transportation of cargo, mail or passengers or any of them, relating to any of the Mortgaged Vessels, whether now existing or hereafter entered into by the Borrower or any person, firm or company on its behalf, the terms of which are approved by the Agent;
Approved Charter means, collectively, (i) the time charters described in Part II of Schedule 12 (Details of Existing Ships and Approved Charters), and (ii) any other time or consecutive voyage charter in respect of a Ship for a term which exceeds, or which by virtue of any optional extensions may exceed, 24 months and has been approved by the Agent.
Approved Charter means, in respect of a Ship, a time charter in respect of that Ship having a duration of not less than 12 months providing for a gross hire rate of not less than $13,000 per day and, in the plural, means all of them;
Approved Charter means the Initial Charter Party Agreement and any other charter party to be entered with an internationally recognized PCTC operator acceptable to the Facility Agent (such consent not to be unreasonably withheld); provided, that such other charter party has charter hire rates that are comparable to the then current market charter hire rates for similar vessels and having other prevailing market terms;