EBO Date definition

EBO Date. Means the date set forth on Schedule 1 to the Lease as the "EBO Date".
EBO Date has the meaning given to such term in Exhibit B to the Lease.
EBO Date means either the fifth anniversary or the eighth anniversary of the Basic Hire Commencement Date, at the option of the Charterer.

Examples of EBO Date in a sentence

  • The Charterer may exercise its option by written notice to the Owner given not earlier than 365 days nor less than 180 days prior to the applicable EBO Date.

  • Upon receipt by the Owner of all amounts above described as payable, this Charter shall terminate and the obligations of the Charterer to pay Basic Hire on each Payment Date occurring on and after the applicable EBO Date shall terminate.

  • In that case, the Charterer shall pay to the Owner, on the applicable EBO Date, or if such date is not a Business Day on the next succeeding Business Day, in Dollars and in immediately available funds (1) the applicable EBO Price (subject to Clause 74(ii) hereof), plus (2) any unpaid Basic Hire due or accrued on or prior to the applicable EBO Date and not otherwise already paid.

  • Payment of the EBO Price, applicable sales taxes, together with all other amounts due and owing by Lessee under the Lease (including, without limitation, Rent) on or before the EBO Date, shall be made on the EBO Date in immediately available funds.

  • If Lessee shall fail to pay all amounts required to be paid under the Lease on the EBO Date, the Lease shall continue in full force and effect and Lessee agrees to reimburse Lessor for all reasonable costs, expenses and liabilities incurred in connection therewith.

More Definitions of EBO Date

EBO Date. Has the meaning specified in Section 4.02(a)(F) of the Lease.
EBO Date. As defined in Section 4.02(a)(F) of the Lease.
EBO Date means [____________] (or, if [____________] is not a Business Day, the Business Day immediately succeeding [____________]).
EBO Date means the applicable date set forth on Exhibit D to the Lease.
EBO Date means the first date set forth under the caption "EBO Date" on Exhibit D to the Lease.
EBO Date shall have the meaning specified therefor in the Lease.