Chartered Vessel definition

Chartered Vessel means any Vessel leased, chartered, subleased or subchartered by a Grantor or any Subsidiary pursuant to one or more Chartered Vessel Documents.
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Chartered Vessel has the meaning specified therefor in the Credit Agreement.
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Chartered Vessel shall have the meaning specified in Section 3.9.
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Examples of Chartered Vessel in a sentence

  • Each Vessel and Chartered Vessel owned, leased or operated by a Restricted Party complies with the requirements of the ISM Code and the ISPS Code in all material respects, including the maintenance and renewal of valid certificates pursuant thereto.

  • Each of the Vessels covered by a Chartered Vessel Document is duly documented (or upon delivery by the shipyard building the same will be duly documented) in the name of the owner thereof and the relevant Chartered Vessel Documents are or shall be in full force and effect.

  • Each Vessel owned by a Restricted Party and each Chartered Vessel demise chartered by a Restricted Party is operated in compliance with all applicable Legal Requirements, except where the failure to so comply would not reasonably be expected to result in a Material Adverse Effect.

  • This Article is not intended to conflict with or override the parties' obligation to arbitrate their disputes in accordance with the Arbitration Article.) In the event the Reinsurer fails to pay any amount claimed due hereunder, the Reinsurer, at the request of the Company, will submit to the jurisdiction of a court of competent jurisdiction within the United States and will comply with all requirements necessary to give that court jurisdiction.

  • Maritime Union of Australia, Seafarers on Rio Tinto Chartered Vessel Unpaid for Months: Exploitation to increase under fed gov coastal shipping laws, 7 July 2015.

  • Buyer verifies PPOP and provides its valid Chartered Vessel Particulars (CVP) and pays for the Vessel programming and trans-shipment logistic charges with the shipping company to obtain the Product Vessel Bill of Lading, Vessel current positioning analysis, ETA and ATB 6.

  • Such policy shall be endorsed to provide as follows: Chartered Vessel; Members of the Crew; Marine Contractual Liability; Tower’s Liability; In Rem Liability; Collision Liability; Waiver of Subrogation in favor of Company; Removal of “o\her than Owner” limitation clauses as respects Company; Removal of the “as Owner of the vessel named herein” clauses as respects Company.

  • The Bombardier Enhanced Vision System (BEVS) Appendix has also been revised.

  • At no time on or after the Closing Date shall Holdings directly own or charter any Vessel or Chartered Vessel.

  • Schedule 3.29 sets forth, as of the Closing Date, for each Vessel, (a) its name, (b) its owner, (c) the arrangements (including intercompany arrangements) pursuant to which the Vessel is chartered or operated by any Credit Party or Subsidiary as of the Closing Date, (d) its class description, (e) the name of its classification society, (f) its shipyard and year in which the Vessel was constructed and (g) any and all applicable Chartered Vessel Documents.


More Definitions of Chartered Vessel

Chartered Vessel means Insured Vessel which is chartered by the Assured
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Related to Chartered Vessel

  • 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:

  • Covered vessel means a tank vessel, cargo vessel, or passenger vessel.

  • 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.

  • 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”);

  • 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.

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

  • Mortgaged Vessel means, at any relevant time, any Vessel which is at such time subject to a Mortgage and a Vessel shall, for the purposes of this Agreement, be regarded as a Mortgaged Vessel as from the date on which the Mortgage of that Vessel has been executed and registered in accordance with this Agreement until whichever shall be the earlier of (i) the payment in full of the amount required to be paid to the Agent pursuant to clause 4.3 or 4.5 following the Total Loss or sale respectively of such Vessel and (ii) the end of the Facility Period;

  • Chartered bus means a passenger bus, coach, or other motor vehicle provided by

  • Passenger vessel means any boat, ship, vessel,

  • Coastal vessel means any vessel exclusively employed in trading between any port or place in India to any other port or place in India having a valid coastal license issued by the competent authority.

  • Public vessel ’ means a vessel owned or bareboat chartered and operated by the United States, by a State or political subdivision thereof, or by a foreign nation, except when such vessel is engaged in commerce;

  • Commercial vessel means any vessel not owned and operated by the United States military or the United States Coast Guard.

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

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

  • Documented vessel means a vessel documented under chapter 121, title 46, United States Code or a vessel for which an application for such docu- mentation is pending.

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

  • foreign vessel means any vessel other than a coastal vessel.

  • Delivery vessel means tank trucks or trailers equipped with a storage tank and used for the transport of gasoline from sources of supply to stationary tanks of gasoline dispensing facilities.

  • 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.

  • 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.

  • foreign fishing vessel means any fishing vessel other than a local fishing vessel;

  • co-operative society means a body registered in India under the Co-operative Societies Act, 1912;

  • fishing vessel means a vessel used for catching fish, whales, seals, walrus or other living resources of the sea;

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

  • Recreational vessel means a vessel—

  • Foreign-going vessel means any vessel other than coastal vessel.