Seacommercial definition
Seacommercial means Seacommercial Shipping Services S.A., a corporation organised and existing under the laws of the Republic of Liberia whose registered office is at 8▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇;
Examples of Seacommercial in a sentence
On the Delivery Date and upon the successful conclusion of the sale of the Ships and following the making of the Proceeds Payments in respect of both Ships in full in accordance with paragraph (a) above and the payment in full by the Borrowers of any legal fees and expenses outstanding in connection with the Loan Agreement, the Creditor Parties shall deliver the duly executed Deed of Release to the Borrowers, the Approved Manager, the Corporate Guarantor and Seacommercial.
Furthermore, any existing or other form of termination fee(s) or compensation due to Seacommercial contained within the respective Brokerage Agreements shall become null and void.