Examples of MSP Operating Agreement in a sentence
If funds are not appropriated at sufficient levels for any portion of a fiscal year, the terms and conditions of any applicable MSPOperating Agreement may be voided and the Contractor may requesttermination of the MSP Operating Agreement in accordance with§ 295.20(f).
Each MSP Operating Agreement shall require the owner or operator of an Eligible Vessel included in thatagreement to enter into an Emergency Preparedness Program Agreementpursuant to Section 653 of the Act.
Forcontractors operating under more than one MSP Operating Agreement, thecontractor may submit a single monthly voucher applicable to all its agreements.
Within 30 months after the initial effective date of the MSP Operating Agreement in the case of avessel to be constructed after that date.(b) Unused authority.
The amounts payable as MSP Payments under a MSP Operating Agreement shall constitute a contractual obligation of the United States Government to the extent of available appropriations.§ 295.22 Commencement and termination of operations.(a) Time frames.
MARADmay approve the replacement of an Eligible Vessel in a MSP Operating Agreement provided the replacement vessel is eligible under § 295.10.
Within 90days after receipt of a completedapplication, MARAD shall enter into a MSP Operating Agreement with theapplicant or provide in writing thereason for denial of that application.(2) Closure of Applications .