Free Envoy registered under the flag of the Marshall Islands. Official number 2161, call letters V7GR6. Fulxxx xxxxils are included in the mortgage deed. On this mortgxxx xxe laws of the Marshall Islands will be applicable. As far as possible HBU's Xxxxxxx Conditions applicable to Ship Mortgages are incorporated in the mortgage deed. - Suretyship of USD 500,000, plus interest and costs, from Mr. G.D. Gourdomichalis, residing in Piraeus, Greece and/or Mr. S.D. Gourdomichalis, residing in Piraeus, Greece and/or Mr. I.G. Varouxakis, residing in Piraeus, Greece. As soon as Fxxxxxxx X.A. has got her Stock Exchange quotation, this suretyship shall be replaced by joint and several liability of Freeseas S.A. (NEW)
Free Envoy registered under the flag of the Xxxxxxxx Islands. Xxxxxx details will be included in the mortgage deed. On this mortgage the laws of the Xxxxxxxx Islands will be applicable. As far as possible HBU's General Conditions applicable to Ship Mortgages are incorporated in the mortgage deed. The mortgage deed shall be accompanied by a law firm's legal opinion in form and substance acceptable to the Bank. - Suretyship of USD 500,000, plus interest and costs, from Mr G.D. Gourdomichalis, residing in Piraeus, Greece and/or Mr S.D. Gourdomichalis, residing in Piraeus, Greece and/or Xx X.X. Xxxxxxxxxx, residing in Piraeus, Greece. [HOLLANDSCHE BANK-UNIE N.V. LOGO] - Joint and several liability of One Adventure S.A. - Pledge of rights and earnings under time charter contracts concluded or to be concluded.
Free Envoy means the vessel named free envoy, registered under the flag of the Xxxxxxxx Islands with official number 2161, call letters V7GR6.
Examples of Free Envoy in a sentence
The construction stage of buildings consists of several phases, such as the phase of construction of main structures.
The M/V Free Destiny and M/V Free Envoy have a combined carrying capacity of 51,000 dwt, a combined book value of $10.3 million, and an average age of 24 years.
Recitals Adventure Software 3.15(b)(iii) Agreement Preamble BCA 2.1 Certificates 2.6 Closing and Closing Date 2.2 Contracts 3.5(b) DGCL 2.1 Dissenting Shares 2.7 Effective Time 2.2 Employment Agreements 6.12 Enforceability Exception 3.4(a) Environmental Laws 3.8(c) Exchange Act Listing 6.5 Exchange Agent 2.9(a) Final Statements 3.13 Free Destiny 3.9(b)(1) Free Envoy 3.9(b)(2) G Bros Preamble G.
In this respect, the Company paid the Manager $42 relating to the sale of M/V Free Envoy during the six months ended June 30, 2011.
All facilities bear interest at the rate of 1.3% over LIBOR and are secured by mortgages on the M/V Free Destiny, M/V Free Envoy and M/V Free Knight.
More Definitions of Free Envoy
Free Envoy for inspection. The contents, a contract of at least 1 year at a rate of at least USD 25.000 a day, must he acceptable to HBU. (new) — The loan to value ratio must not exceed 70% at any moment. The loan to value ratio means the total outstanding facilities of the Borrower with HBU divided by actual valuation results of the vessels mortgaged in favour of HBU.
Free Envoy. (the "Vessel") and HOLLANDSCHE BANK-UNIE N.V., a company incorporated and existing under the laws of the Netherlands, having its corporate seat at Amsterdam, the Netherlands, acting herein through its branch office at Xxxxxxxxxx 000, 0000 XX Xxxxxxxxx, xxx Xxxxxxxxxxx (the "Assignee"), we have assigned to the Assignee all our rights, title, interest and benefits in and to all insurances effected or to be effected in respect of the Vessel, including the insurances constituted by the policy or entry certificate whereon this notice is endorsed. DATED this [...] day of September 2004. For and on behalf of ADVENTURE THREE S.A. _____________________ by:__________________ and by:__________________ as: attorneys-in-fact schedule C: FORM OF LETTER OF UNDERTAKING TO BE DELIVERED BY BROKERS AND/OR UNDERWRITERS AND/OR INSURERS To: Hollandsche Bank-Unie N.V. Xxxxxxxxxx 000 0000 XX XXXXXXXXX the Netherlands Dated [...] Dear Sirs,
Free Envoy. (the "Vessel") We confirm that we have effected insurances for the account of ADVENTURE THREE S.A. of Ajeltake Island, Majuro, Xxxxxxxx Islands (the "Owner") as set out in Appendix "A" attached. Pursuant to instructions received from the Owner, and in consideration of your approving our appointment as [Brokers/Underwriters/Insurers] in connection with the insurances covered by this letter, we hereby undertake:
Free Envoy. (the "Vessel") We note you have taken an assignment of the insurances on the Vessel. So far as this Association is concerned, the Managers do not consent to such assignment for the purposes of Rule____, other than to give efficacy to the Loss Payable Clause set out below and subject always to the Association's rights under Rule_____. We do confirm however that the Vessel is entered in this Association for Protection and Indemnity risk on the terms and conditions set out or to be set out in the Certificate of Entry. Furthermore, in consideration of your agreeing to the entry or continuing entry of the ship in this Association, the Managers agree that:
Free Envoy. We refer to the time charterparty (the "Charterparty") dated the 14th day of April 2004, made between us, ADVENTURE THREE S.A., and you, whereby we agreed to let and you agreed to take on time charter for the period and upon the terms and conditions therein mentioned the motor vessel "FREE ENVOY" registered in our name under the Xxxxxxxx Islands flag having Official Number 2161.
Free Envoy. (the “Vessel”) registered in the Marshal Islands’ Ship Register under official number 2161.
Free Envoy. A loan in the sum of US$2,554,737.25 (the "Loan") will be advanced to the Borrower by the Lenders.