Collateral Mortgage Date definition

Collateral Mortgage Date means, in relation to each Collateral Owner and the Ship owned by it, the latest date when the Borrowers shall deliver the documents and evidence specified in clause 8.1.15(a) in connection with such Collateral Ship in accordance with the terms of such clause 8.1.15(a);

Collateral Mortgage Date means the date falling not later than seven (7) days after the date when the Bank shall have sent to the Corporate Guarantor a request under clause 5.1.5 of the Corporate Guarantee; “Collateral Ship” means the 2002-built 6,500 dwt (approximately) double-hull oil tanker Aegean Flower registered in the ownership of the Corporate Guarantor under the laws of the relevant Flag State with IMO number 8978394; “Commitment” means the amount which the Bank has agreed to lend to the Borrowers under clause 2.1 as reduced by any relevant term of this Agreement; “Compulsory Acquisition” means, in relation to a Ship, requisition for title or other compulsory acquisition, requisition, appropriation, expropriation, deprivation, forfeiture or confiscation for any reason of that Ship by any Government Entity or other competent authority, whether de jure or de facto, but shall exclude requisition for use or hire not involving requisition of title; “Construction Cost” means:

Examples of Collateral Mortgage Date in a sentence

• REGULAR COUNCIL MEETING of the DIEPPE Municipal Council RESOLUTION Agenda Number: 10.3.1 Title: Reimbursement - Promissory Note - Collateral Mortgage Date: March 8, 2021 That Council authorize a payment in the amount of $141,536 to Acadian Properties Ltd.