designated vessels definition
designated vessels means vessels designated by the Sanctions Committee as referred to in paragraph 11 of UNSCR 2146 (2014), as listed in Annex V to this Regulation;
designated vessels means, on any date of determination prior to the Springing Lien Termination Date, those certain flag vessels subject to a Ship Mortgage whether or not a Perfection Period shall be in effect.
designated vessels means the dredge “New York,” the dredge “Liberty Island,” the bottom-dump barges G.L.65, G.L.501 and G.L.502, the self-unloading barge “Long Island,” the trailing suction ▇▇▇▇▇▇ dredge “Terrapin Island” and the barge “U.S. Flag Idler,” G.L.177, and ancillary equipment related thereto.
More Definitions of designated vessels
designated vessels means the vessels named AB 115, AB 116, AB ▇▇▇, ▇▇ ▇▇▇, ▇▇ ▇▇▇, ▇▇ 120, DB 184, DB 185, DB 186, DB ▇▇▇, ▇▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇ 72, ▇▇▇▇▇▇▇ 73, ▇▇▇▇▇▇▇ 74, ▇▇▇▇▇▇▇ 75, ▇▇▇▇▇▇▇ 76, ▇▇▇▇▇▇▇ 77, Fuel Barge 1002, Fuel Barge 1003, G.L.701, G.L.702, G.L.601, G.L.602, G.L. 603, G.L. 604, Liberty Island, and all ancillary equipment related thereto.
designated vessels means as of the Closing Date, the Thebaud Sea, Venture Sea, Burin Sea and Trinity Sea; and thereafter any Vessel of equal or greater Fair Market Value owned by a Subsidiary Guarantor free and clear of any Liens other than Permitted Liens that is designated by the Administrative Agent and the Borrower as a “Designated Vessel” from time to time pursuant to the Credit Agreement and this Agreement.
designated vessels means the dredge “New York,” the dredge “Liberty Island,” the bottom-dump barges G.L.65, G.L.501 and G.L.502, the self-unloading barge “Long Island,” the trailing suction ▇▇▇▇▇▇ dredge “Terrapin Island,” the barge “U.S. Flag Idler,”, the vessel G.L.177, the vessels G.L.701 and G.L.702, the vessels G.L.601 and G.L.602, the vessels Fuel barge 1002 and Fuel Barge 1003, the vessel Lake Michigan and all ancillary equipment related thereto. “Disqualified Stock” means any Capital Stock that, by its terms (or by the terms of any security into which it is convertible, or for which it is exchangeable, at the option of the holder), or upon the happening of any event (other than optional redemption by the Company thereof), matures or is mandatorily redeemable, pursuant to a sinking fund obligation or otherwise, or redeemable at the option of the holder, in whole or in part, on or prior to the date that is 91 days after the date on which the Notes mature; provided, however, that any Capital Stock that would constitute Disqualified Stock solely because the holders have the right to require the Company to repurchase the Capital Stock upon the occurrence of a Change of Control or an Asset Sale shall not constitute Disqualified Stock if the terms of the Capital Stock provide that the Company may not repurchase or redeem any such Capital Stock pursuant to such provisions unless the repurchase or redemption complies with Section 4.10.
designated vessels means the dredge “New York,” the dredge “Victoria Island,” the “BTS-401 and BTS-402 Scows,” the “Bottom-Dump Barges G.L.61, G.L.62 and G.L.65,” the dredge “Texas” and the dredge “Pontchartrain” and ancillary equipment related thereto.
designated vessels means the dredge “New York,” the dredge “Liberty Island,” the bottom-dump barges G.L.65, G.L.501 and G.L.502, the self-