Capesize Vessel(s) definition
Capesize Vessel(s) means each of the nine (9) modern dry-bulk capesize vessels, two such vessels having been built, completed and delivered in 2007 and the remaining seven newbuildings to be built and estimated for delivery to the relevant Subsidiary Guarantor between October 2007 and September 2009 by the Seller named in the relevant Purchase Contract, each of such Vessels being identified in Schedule IV.
Examples of Capesize Vessel(s) in a sentence
The Borrower and/or the relevant Subsidiary Guarantors as applicable has executed and delivered to the Collateral Agent the Assignments of Purchase Contracts in respect of the Capesize Vessels and all notices and consents required thereunder.