Bareboat Charterers definition

Bareboat Charterers means Pacific Basin Chartering (No.11) Limited, Pacific Basin Chartering (No.12) Limited, Pacific Basin Chartering (No.13) Limited, Pacific Basin Chartering (No.14) Limited, Pacific Basin Chartering (No.15) Limited, Pacific Basin Chartering (No.16) Limited and Pacific Basin Chartering (No.17) Limited, each an indirect wholly-owned subsidiary of the Company and “Bareboat Charterer” means each and any one of them as the context so requires;
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Bareboat Charterers means Pacific Basin Chartering (No.6) Limited, Pacific
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Bareboat Charterers means, collectively, Palase and Podocarpus.
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Examples of Bareboat Charterers in a sentence

  • All requirements of the ISM Code and the ISPS Code as they relate to the Borrowers, the Bareboat Charterers, the Manager and the Vessels have been complied with in all material respects.

  • For the avoidance of doubt, the persons, parties, entities or corporations as above stated include the Vessel and jointly and severally her Master, Owners, Managers/Operators, Disponent Owners, Time Charterers, Bareboat Charterers and Charterers should they be engaged in any of the activities above mentioned.

  • Due to the dramatic drop in charter rates, after accounting for daily operating costs, in 2012 the Bareboat Charterers were losing approximately $10,000 per day per bareboat chartered vessel.

  • The Bareboat Charterers took steps to reduce these losses, which led to the redelivery of each of the seven vessels back to their respective owners during the course of the fourth quarter of 2012.

  • Finally, World Bazaars is the defendant in two tort actions: a product-liability claim in an unstated amount brought by Melissa Cofone in the Superior Court of New Jersey, and a $335,000 negligence claim brought by the M.V. President Kennedy, Ltd., APL Bermuda LTD and APL Co. PTE Ltd., and Bareboat Charterers of the M/V APL China in the United States District Court for the Southern District of New York.

  • Bareboat Charterers / Place of business (Cl. 1) MI-DAS LINE S.A. Vallarino Building, 3rd Floor, Fifty Second(52) And Elvira Mendez Street, Panama, Republic of Panama Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, MH96960, Marshall IslandsM/V NAVIOS BONAVIS, 3FIS4, Panama, 9446996Bulk Carrier 12.

  • The Settling Bareboat Charterers are not Debtors in these chapter 11 cases.

  • Commercial managers generally work for a combi- nation of a yearly fee and commissions on the freight rev- enues and other monetary transactions, which are handled through the managers.The profit or losses of a ship’s opera- tion are for the account of the vessel’s owners.Managing on Behalf of Vessel’s Bareboat Charter-ers.

  • The arbitration claims of the German Owners lie directly against Bird and the relevant Bareboat Charterers which are direct subsidiaries of Bird.

  • No litigation, action, suit, investigation, claim or proceeding shall be pending or, to the knowledge of the Borrowers, threatened with respect to this Agreement or any other Financing Document, or the transactions contemplated hereby, or which could have a material adverse effect on the business, financial condition, operations, performance, properties or prospects of any of the Borrowers, the Operators, the Bareboat Charterers or the Sponsor.


More Definitions of Bareboat Charterers

Bareboat Charterers means together the Australia BB Charterer, the Brazil BB Charterer, the China BB Charterer, the Rodosi BB Charterer and, in the singular means any of them.
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Bareboat Charterers means each of the companies listed in Schedule 6 and in the plural means both of them;
Sample 1
Bareboat Charterers means Pacific Basin Chartering (No.11) Limited,
Sample 1
Bareboat Charterers means all of such bareboat charterers;
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Related to Bareboat Charterers

  • Bareboat Charter means the bareboat charter agreement to be executed by the Effective Date by the Borrower as owner and the Charterer as bareboat charterer.

  • Charterer means a person, firm, corporation, association, partnership, or other legal entity who contracts for the transportation of passengers and baggage, or goods and/or property from a specified origin to a specified destination, for a particular itinerary, agreed upon in advance.

  • The Vessel means the vessel named in Box 5 and with particulars as stated in Boxes 6 to 12.

  • Vessel means the vessel/craft belonging to the Contractor for carrying out the work.

  • Cargo vessel means a self-propelled ship in commerce, other than a tank vessel or a passenger vessel, three hundred or more gross tons, including but not limited to, commercial fish processing vessels and freighters.

  • 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.

  • Pressure vessel means containers for the containment of pressure, either internal or external. This pressure may be obtained from an external source or by the application of heat from a direct or indirect source, or any combination thereof.

  • MOA means the Borrower’s Ministry of Agriculture;

  • Shipbuilding Contract means the shipbuilding contract dated 30 March 2011 and made between the Builder and the Borrower for the construction by the Builder of the Ship and its purchase by the Borrower as supplemented and amended from time to time;

  • Charter Agreement means an agreement made in accordance with Section 53G-5-303 that authorizes the operation of a charter school.

  • storage vessel means a pressure vessel as defined in the Regulations for Pressure Vessels made under the Occupational Health and Safety Act;

  • Owner-builder means an owner or lessor of real property who, by himself or by or through others, constructs or has constructed or reconstructs or has reconstructed any improvement to real property.

  • Vessels shall have the meaning set forth in the recitals.

  • cargo ship means any ship which is not a passenger ship;

  • 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”);

  • Charter contract means a fixed term, renewable contract between a charter school and an authorizer that outlines the roles, powers, responsibilities, and performance expectations for each party to the contract.

  • Tanker in relation to chapter 4 means an oil tanker as defined in MARPOL Annex I, regulation 1 or a chemical tanker or an NLS tanker as defined in MARPOL Annex II, regulation 1.

  • Shipowner means the owner of the ship or another organization or person, such as the manager, agent or bareboat charterer, who has assumed the responsibility for the operation of the ship from the owner and who, on assuming such responsibility, has agreed to take over the duties and responsibilities of the shipowner, regardless of whether any other organization or persons fulfil certain of the duties or responsibilities on behalf of the shipowner;

  • Sailing vessel means any vessel under sail provided that propelling machinery, if fitted, is not being used.

  • Builder means the general contractor.

  • Shipyard means a facility capable of performing overhaul, repair, and maintenance work on covered vessels.

  • aircraft operator means a person that operated at least 729 commercial air transport flights departing from Union airports in the reporting period or, where that person may not be identified, the owner of the aircraft;

  • Time Charter means the hire of a Vessel by which the charterer obtains possession and control of the Vessel for an agreed period of time or an agreed voyage.

  • Foreign flag vessel means any vessel that is not a U.S.-flag vessel.

  • Passenger vessel means any boat, ship, vessel,