Examples of Bareboat Owners in a sentence
Owner Individual Termination) such Original Time-Charter Owner or Original Bareboat Owner hereby waives and releases any entitlement to the Agreed Debts (but not any entitlement to its Above Market Claims or Roll Up Amounts), which are only due and payable only on the Restructuring Effective Date, which shall be allocated amongst the relevant Charterparty Owners and Bareboat Owners who shall Participate in the Restructuring on the Restructuring Effective Date.
Any such amounts payable in respect of the Underwriting Fee, Company Advisor Fees, Charterparty Owner Costs, Restructuring Advisor Costs or Majority Charterparty Advisor Costs, shall be paid by wire transfer of immediately available U.S. Dollar funds or by way of funds flow letter as directed by the applicable Company Advisor, Restructuring Advisor, Majority Charterparty Advisor or the Original Time-Charter Owners or Original Bareboat Owners.
Bareboat Owners and Time Charterers are viewed as ‘disponent owners’ of vessels.
Bareboat Owners and Time Charterers are viewed as ‘disponent owners' of vessels.
However, the Settling Bareboat Owners have claims against Excel arising out of the settlement agreement.
The claims of the Settling Bareboat Owners against Excel arising under the settlement agreement are classed as Impaired Excel General Unsecured Claims under the Plan and will share in the recovery proposed for Class 8 – Impaired Excel General Unsecured Claims.
The Bareboat Owners asserted claims against the Bareboat Charterers for payment of alleged outstanding hire and damages arising from the early termination of the Bareboat Charters.
Subsequent to the termination of the hire, the vessel was sold with the sale proceeds being applied towards obligations to the Bareboat Owners of the vessel and trade creditors.
The Lenders and the Charterparty Owners or Bareboat Owners, respectively, have pursuant to the Restructuring Agreement or Deeds of Undertakings as applicable agreed to subscribe for shares in the Company.
Subgrantee must terminate the rental assistance agreement and provide no further rental assistance payments if: the program participant moves out of the leased housing unit; the lease terminates and is not renewed; or the program participant becomes ineligible to receive ESG rental assistance.