Aqua Vision definition

Aqua Vision. “Ocean Ambition”, “Ocean Vision”, “Ocean Forte” and “Ocean Integrity”, including any proceeds of sale of those vessels received by the Group before, on or after the Restructuring Effective Date (the “Vessels”), ((i) to (iv), the “Asset Co Assets”), such transfers to be effected in accordance with the term sheets to be agreed in accordance with the terms of the Business Separation Principles (the “Business Separation Principles and Commercial Terms”);
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Examples of Aqua Vision in a sentence

  • No provisions of any agreement, instrument, or understanding, or any judgment, decree, rule, or regulation, to which Aqua Vision International is a party or by which it is bound, has been or will be violated by the execution and delivery by Sellers of this Agreement or the performance or satisfaction of any agreement or condition herein contained upon its part to be performed or satisfied, and all requisite authorizations for such execution, delivery, performance, and satisfaction have been duly obtained.

  • All items included in such inventory are covered on the books of Aqua Vision International, and are valued on the Financial Statements at the lower of cost or market and, in any event, at not greater than their net realizable value, on an item by item basis.

  • The insurance policies so listed and identified are sufficient in nature, scope, and amounts to insure adequately (and, in any event, in amounts sufficient to prevent Sellers from becoming a co-insurer within the terms of such policies) the business, properties, and assets of Aqua Vision International.

  • The information shown on the federal income tax returns of Aqua Vision International heretofore delivered to Purchaser is true, accurate, and complete and fairly presents the information purported to be shown.

  • From the end of its most recent fiscal year to the date hereof Sellers have not made any payment of or on account of any federal, state, or local income, franchise, or any real or personal property taxes regarding Aqua Vision International, except as set forth in the Disclosure Schedule.

  • The insurance policies listed and described briefly in the Disclosure Schedule constitute all of the policies in force and effect in respect of the business, properties and assets, including, without limitation, insurance on personnel, of Aqua Vision International.

  • Subject to the bad debt reserve shown in the Financial Statements, all customer and trade notes and accounts receivable owned by Aqua Vision International on the date of the most recent balance sheet included in the Financial Statements are fully collectible in the aggregate, to the extent of the aggregate face value thereof as indicated on such balance sheet.

  • Sellers shall have assigned to Purchaser, or Purchaser shall have obtained, all such permits, licenses, approvals, authorizations, variances, agreements, and warranties from federal, state, and local governmental authorities related to the operation of Aqua Vision International, which Purchaser shall, in the exercise of its sole discretion, deem necessary or desirable for the operation by Purchaser of the businesses of Aqua Vision International after the Closing.

  • The amount of the Letter of Credit shall be reduced by $_____, which equals (a) the amount described in Clause (i) multiplied by (b) an amount equal to (A) the initial amount of the Letter of Credit divided by (B) the total initial amount of all Letters of Credit provided by such LC Provider; and iii.

  • All liabilities of Aqua Vision International, other than the Assumed Liabilities, will be paid in full on or before the Closing Date.

Related to Aqua Vision

  • DTS means Days to Settlement, i.e., the number of actual days elapsed from and including the original Closing Day with respect to such Accepted Note (in the case of the first such payment with respect to such Accepted Note) or from and including the date of the next preceding payment (in the case of any subsequent delayed delivery fee payment with respect to such Accepted Note) to but excluding the date of such payment; and "PA" means Principal Amount, i.e., the principal amount of the Accepted Note for which such calculation is being made. In no case shall the Delayed Delivery Fee be less than zero. Nothing contained herein shall obligate any Purchaser to purchase any Accepted Note on any day other than the Closing Day for such Accepted Note, as the same may be rescheduled from time to time in compliance with paragraph 2B(7).

  • PCC refers to the California Public Contract Code.

  • LPN means licensed practical nurse.

  • low-vision means a condition where a person has any of the following conditions, namely:—

  • IOSCO means the International Organisation of Securities Commissions.