Dual Registration definition
Examples of Dual Registration in a sentence
Subject to satisfaction of the conditions specified in Clause 13.3, the Banks consent to the Dual Registration of each Vessel at any time on or after the commencement of the Charter Period relating to it and irrevocably authorise the Security Trustee to give any requisite consents required by any applicable ship registrar or other official in the Bahamas and/or Brazil to permit such Dual Registration.
Where a combined Transfer of Ownership or Transfer of Ownership subject to Mortgage and/or Transfer of Flag and/or Dual Registration is proposed, Clauses 23.12(C), (E), (F), (G) and/or (H) (as the case may be) shall respectively be read together.
Subject to satisfaction of the conditions specified in Clause 24.3, the Lenders consent to the Dual Registration of each Vessel at any time on or after the commencement of the Charter Period relating to it and irrevocably authorise the Agent to give any requisite consents required by any applicable ship registrar or other official in the Bahamas and/or Brazil to permit such Dual Registration.
Subject to fulfilment of the conditions specified in Clause 23.12(H), the Agent shall instruct the Security Agent to, and the Security Agent shall, give any requisite consents required by any applicable ship registrar or other official in the Primary Flag State and/or the Secondary Flag State to permit the Dual Registration of a Mortgaged Ship or Mortgaged Linkspan.
Subject to fulfilment of the conditions specified in Clause 19.5(G), the Agent shall instruct the Security Agent to, and the Security Agent shall, give any requisite consents required by any applicable ship registrar or other official in the Primary Flag State and/or the Secondary Flag State to permit the Dual Registration of a Mortgaged Ship or Mortgaged Linkspan.
Subject to fulfilment of the conditions specified in Clause 23.12(G), the Agent shall instruct the Security Agent to, and the Security Agent shall, give any requisite consents required by any applicable ship registrar or other official in the Primary Flag State and/or the Secondary Flag State to permit the Dual Registration of a Mortgaged Ship or Mortgaged Linkspan.
Where a combined Transfer of Ownership and/or Transfer of Flag and/or Dual Registration is proposed, Clauses 23.12(C) and (E) and Clauses 23.12(F) and (G) shall respectively be read together.
Where a combined Transfer of Ownership and/or Transfer of Flag and/or Dual Registration is proposed, Clauses 19.5(C) and (E) and Clauses 19.5(F) and (G) shall respectively be read together.