OPOL definition

OPOL. Orient Peace Operations Limited, a company incorporated in Hong Kong with limited liability and a direct wholly- owned subsidiary of GENM “Policies and Procedures” various policies and procedures in relation to the anti- money laundering measures adopted by BSEL, namely, (i) the Anti-Money Laundering Policy of the Company dated 1 September 2016; (ii) the AML Program Framework of the Company dated 1 September 2016; (iii) Know-Your- Customer Procedure of the Company dated 31 August 2016; (iv) Member Risk Scoring Procedure of the Company dated 31 August 2016; (v) Transaction Monitoring Procedure of the Company dated 31 August 2016; and (vi) Record-Keeping and Document Retention Procedure of the Company dated 31 August 2016 “Shareholder(s)” holder(s) of the Share(s) “Share(s)” ordinary share(s) with par value of US$0.10 each in the share capital of the Company
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OPOL means the Offshore Pollution Liability Agreement dated 4th September 1974 as amended from time to time, or any replacement thereof;
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OPOL means the Offshore Pollution Liability Agreement dated 4th September 1974, as amended from time to time.
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Examples of OPOL in a sentence

  • The Operator has entered into an agreement known as the Offshore Pollution Liability Agreement dated 4th September 1974 (‘OPOL’) and the Guarantor has agreed to assist the Operator in establishing its financial responsibility with respect to the performance of its obligations under OPOL as required by the Association.

  • In no event shall the Guarantor’s liability under the guarantee in clause 2 exceed the amount of Operator’s liability in respect of the Guaranteed Obligations under OPOL.

  • Without prejudice to the generality of clause 2.4 the Guarantor expressly confirms that it intends that the guarantee set out in this Deed shall extend from time to time to any (however fundamental) variation, increase, extension or addition of or to any of OPOL and/or the Guaranteed Obligations.

  • Each of OPOL, OPL and WLL is a direct wholly-owned subsidiary of GENM, which in turn is a subsidiary of GENT.

  • Pursuant to Clause XI.A.2 of OPOL, the undersigned, being a Party to OPOL, hereby gives the Association not less than three months’ notice in writing of its intention to withdraw from OPOL and thus terminate its status as a Party to OPOL and a member of the Association under the Articles on……………………………..…..1 (the ‘Termination Date’).

  • Accordingly, each of OPOL (being a party to the Vessel Services Agreement), OPL (being a party to the Heads of Agreement) and WLL (being a party to the New Collaboration Agreement and the 2019 Collaboration Agreement) is considered to be an associate of each of ▇▇▇ ▇▇▇ ▇▇▇ and ▇▇.

  • A Claimant should, as promptly as possible after the alleged Incident, advise in writing the Member who may be liable under Clause IV of OPOL.

  • Reference is made to (a) the Offshore Pollution Liability Agreement dated 4th September 1974 as amended from time to time (hereinafter referred to as ‘OPOL’) (capitalised terms used but not defined in this notice have the meanings given to them in OPOL) and (b) the articles of association of the Association from time to time (the ‘Articles’).

  • The Association may, from time to time, require Members, to provide further evidence of their financial responsibility in order to ensure that compliance with Clause II.C.1 of OPOL is being maintained.

  • Each Party and applicant to become a Party shall provide to the Association evidence of its financial responsibility to fulfil its obligations under Clause IV of OPOL in accordance with the criteria and in the form set out in Form B of these Rules (subject to such changes as the Association may prescribe in cases where the Association has agreed that OPOL does not apply to all Offshore Facilities of which that Party and applicant is or becomes the Operator).

Related to OPOL

  • MARPOL means the International Convention for the Prevention of Pollution from Ships;

  • SUVA means Specific Ultraviolet Absorption at 254 nanometers (nm), an indicator of the humic content of a water. It is calculated by dividing a sample’s ultraviolet absorption at a wavelength of 254 nm (UV254) (in m-1) by its concentration of dissolved organic carbon (DOC) (in mg/L).

  • SAQA means the South African Qualifications Authority;

  • COPPA means the Children’s Online Privacy Protection Act, 15 U.S.C. § 6501- 6505.

  • e-commerce means buying or selling of goods or services including digital products over digital or electronic network;