Flag State definition
Flag State means the State whose flag the Vessel is flying.
Flag State means the country specified in Schedule 2 (Ship information), or such other state or territory as may be approved by the Lenders, at the request of the Borrower, as being the “Flag State” for the purposes of the Finance Documents.
Flag State means the state whose flag a ship is entitled to fly;
Examples of Flag State in a sentence
The Parties will not do or permit to be done anything which might cause any breach or infringement of the laws and regulations the Flag State, or of any place where the Vessel trades, nor shall either of the Parties act in any manner which is prohibited under United States laws or regulations related to foreign trade controls.
More Definitions of Flag State
Flag State means, unless otherwise indicated:
Flag State. , in relation to a ship, means the State whose flag the ship is entitled to fly;
Flag State means Panama or any other country acceptable to the Lenders;
Flag State means the Republic of Panama or such other state or territory agreed by the Bank, at the request of the Borrowers, as the “Flag State” of the Vessels for the purposes of the Security Documents;
Flag State means such state or territory designated in writing by the Majority Banks, at the request of a Borrower, as being the “Flag State” of such Borrower’s Ship for the purposes of the relevant Ship Security Documents;
Flag State means the ▇▇▇▇▇▇▇▇ Islands or such other state or territory agreed by the Agent, at the request of the Borrower, as the “Flag State” for the Vessel for the purposes of the Security Documents;
Flag State means the Bahamas;