Newbuildings definition

Newbuildings means any vessel contracted to be constructed, under construction or newly constructed for, but not yet delivered to, the Company or any of its Subsidiaries.

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Newbuildings means vessels contracted to be constructed, under construction or newly constructed for, but not yet delivered to, (i) the Company or any of its Subsidiaries, other than Company Vessels or (ii) Parent or any of its Subsidiaries, other than Parent Vessels, in each case, as applicable.

Newbuildings means vessels contracted to be constructed or newly constructed for, but not yet delivered to the Company or any of its Subsidiaries.

Examples of Newbuildings in a sentence

The Company, on behalf of itself and each Owner, hereby engages the Manager to provide and/or procure and arrange for the newbuilding management services of the Newbuildings as described more fully herein, and the Manager hereby accepts such engagement.
TORM A/S plans to take delivery of the LR2 Product Tanker Newbuildings between the fourth quarter of 2017 and the second quarter of 2018, with the Option Vessels available for delivery between the third quarter of 2018 and the third quarter of 2019.
A consent to an amendment or a waiver by a holder of a New Note shall bind the holder and every subsequent holder of that New Note or portion of the New Note that evidences the same debt as the consenting holder's New Note, even if notation of the consent or waiver is not made on the New Note.
The aggregate capital expenditure for the LR2 Product Tanker Newbuildings is below USD200m (including extra costs relating to the Group's design requirements and supervision).
The Fee shall be payable monthly in advance based on the number of Newbuildings owned by the Owners on the first day of such month and shall be pro rated for periods less than a month.

More Definitions of Newbuildings

Newbuildings means vessels contracted to be constructed or newly constructed for, but not yet delivered to (i) Partnership or any Partnership Subsidiary or Partnership JV, or (ii) Parent or any Partnership Subsidiary or Partnership JV, as applicable.

Newbuildings means vessels contracted to be constructed, under construction or newly constructed for, but not yet delivered to, a Party or any of its Subsidiaries.

Newbuildings means, collectively, (i) the IHI Newbuildings and the Target Newbuildings, and (ii) any Additional Newbuilding.

Newbuildings means Ordinary Newbuildings and Specialised Newbuildings;

Newbuildings means vessels under construction or newly constructed (but not taken into possession or ownership by the Company or a Subsidiary thereof or Parent or a Subsidiary thereof, as applicable), for (i) the Company or any of its Subsidiaries, other than Company Vessels or (ii) Parent or any of its Subsidiaries, other than Parent Vessels.

Newbuildings means, subject to Clause 2.10, those vessels listed in Schedule 2 Part II (each a “Newbuilding”).

Newbuildings means, together, the Amorgos Ship, the Kimolos Ship, the Milos Ship, the Mykonos Ship and the Syros Ship and “Newbuilding” means any of them;