Group Vessels definition

Group Vessels means any vessel (including, but not limited to, the Ships) from time to time owned by any member of the Group (each a “Group Vessel”);
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Group Vessels means, together, at any relevant time, the Fleet Vessels and the JV Vessels from time to time and “Group Vessel” means each one of them;
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Group Vessels in Schedule 3 to the Danaos Guarantee shall be amended by deleting the words “collectively the Vessels and any other vessels including vessels under construction or owned or, in the case of a vessel under construction, ordered by” and inserting the words “the vessels owned by and registered (or to be owned by and registered) in the name of”;
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Examples of Group Vessels in a sentence

  • The sale prices of the Sudirman Group Vessels and PT MIS Vessels are based on the market valuation of 13 vessels which the Company obtained from ▇▇▇▇▇▇▇ & Bisset (Asia) Pte Ltd on 16 December 2019.

  • ZICO shall not release the original unencumbered title deeds of the Sudirman Group Vessels and the Auctioned Vessel save as provided for in the New Term Sheet and the New Settlement Agreement.

  • For the purpose of the Security Documents, the Borrower irrevocably and unconditionally agrees to accept any and all valuations determining the market value of a Vessel or any other Group Vessel obtained pursuant to this Clause 17.11 (Market Value Determination) and such determination shall be conclusive evidence of a Vessel's or any other Group Vessel's (as the case may be) market value at the date of such valuation.


More Definitions of Group Vessels

Group Vessels means, together, at any relevant time, the Fleet Vessels and JV Vessels from time to time, and in the singular, means any of them;
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