Haewene Brim Equipment definition

Haewene Brim Equipment means the topsides processing plant to be acquired by the Lessor from Ranberger pursuant to the Sale Agreement and which is currently attached to the Haewene Brim Hull, as more particularly described in the Sale Agreement and in Schedule 3 hereto;
Haewene Brim Equipment shall have the meaning attributed to the term "Haewene Brim Equipment" in the Haewene Brim Lease;

Examples of Haewene Brim Equipment in a sentence

  • During the Lease Period the Haewene Brim Equipment shall at all times be the property of and belong to the Lessor.

  • PPC shall, take such steps as are reasonably practicable to ensure that the Haewene Brim Equipment and all constituent parts thereof will be safe and without risk to health when in use and that the Haewene Brim Equipment is not operated beyond its specified or recommended limits or capacity.

  • PPC shall ensure that throughout the Lease Period and thereafter until the sale of the Haewene Brim Equipment, the Haewene Brim Equipment is attached to the Hull.

  • For so long as no Relevant Event has occurred which is continuing, PPC shall, subject to the prior written consent of the Lessor, be entitled to determine whether or not a case has arisen for the giving of notice of abandonment to abandon the Haewene Brim Equipment to the insurers and/or claim a constructive total loss and PPC is hereby authorised by the Lessor, following the Lessor's consent as specified above, to give such notice of abandonment if PPC so determines.

  • This Agreement, in conjunction with the other Transaction Documents and any letter agreements of even date herewith or subsequent hereto between the Lessor and any other party to the Transaction Documents, constitute the entire agreement between the parties hereto in relation to the leasing of the Haewene Brim Equipment by the Lessor to PPC, and supersede all previous proposals, agreements and other written and oral communications in relation thereto.

  • Boyd School of Law at the University of Nevada–Las Vegas, and the Analytical Legal Philosophy Conference.

  • In lieu of the covenant set out in clause 14.8 (Registrations) of the Deed of Proceeds and Priorities, each party hereto covenants to the Lessor that it will not cause or consent to any registration of the interest of the Lessor in the Haewene Brim Equipment or the Haewene Brim in any official register in any jurisdiction without the prior written consent of the Lessor otherwise than as expressly contemplated by clause 3.1.5.

  • The obligation of the Lessor to deliver the Haewene Brim Equipment to PPC pursuant to clause 4.2 (but not, for the avoidance of doubt, any other express obligations of the Lessor under the Lease Documents) shall be subject to the prior satisfaction in full, or waiver by the Lessor to the extent not so satisfied, of the conditions precedent set out in part 3 of schedule 5.

  • Such Acceptance Certificate shall, without further act, constitute irrevocable evidence of delivery of the Haewene Brim Equipment to PPC and acceptance by PPC of the Haewene Brim Equipment for all purposes of this Agreement.

  • In the event of repairable damage to the Haewene Brim Equipment (or any part thereof) or a liability or alleged liability covered by the Insurances taken out or entries made referred to in clause 9.1.1 (Insurance undertakings) being incurred or alleged, and if the insurance moneys paid in respect thereof are insufficient to pay the cost or estimated cost of making good or repairing such damage or discharging the liability or alleged liability, PPC will pay the deficiency.

Related to Haewene Brim Equipment

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