shipping business definition

shipping business means any of the following activities involving the operation of a ship anywhere in the world other than solely within Virgin Islands waters (as defined in section 2(2)(a) of the Merchant Shipping Act, 2001)

shipping business means any of the following activities involving the operation of a ship anywhere in the world other than in the territorial waters of the Islands or between the Islands -

shipping business means any of the following activities involving the operation of a ship anywhere in the world, other than solely within the Exclusive Economic Zone of Barbados

Examples of shipping business in a sentence

• Subject as herein provided, payment of hire shall be made by Charterers in immediately available funds to The Royal Bank of Scotland plc Shipping Business Centre 5-10 Great Tower Street London EC3P 3HX United Kingdom SWIFT: RBOSGB2L IBAN: GB56 RBOS 1663 0000 3391 92 A/C Name: Cetus Transport Ltd.

• Each committee, to the extent expressly provided in the resolution establishing such committee, shall have and may exercise all of the authority of the Board of Directors in the management of the business and property of the Corporation except to the extent expressly restricted by law, the Certificate of Incorporation, or these Bylaws.

• The Company shall not, and shall not permit any of its Restricted Subsidiaries to, engage in any business other than the Shipping Business.

• This Ship is subject to a first priority mortgage and deed of covenant in favour of The Royal Bank of Scotland plc of The Shipping Business Centre, 0-00 Xxxxx Xxxxx Xxxxxx, Xxxxxx XX0X 0XX, Xxxxxxx.

• To: The Royal Bank of Scotland plc Shipping Business Centre 0-00 Xxxxx Xxxxx Xxxxxx Xxxxxx XX0X 0XX [x] 200[l] Dear Sirs, We refer to a loan agreement dated 12 December 2005 (as amended and restated on or around 16 December 2008) (the “Loan Agreement”) made between (1) us as borrower and (2) you as lender.

More Definitions of shipping business

shipping business means any of the following activities involving the operation of a ship anywhere in the world other than solely between Jersey and Guernsey or within the territorial waters of Jersey –

shipping business means the ownership or operation of vessels and any activities within the ship owning and shipping industries and all businesses which are complementary, incidental, related or ancillary to any such activities.

shipping business means the business (if any) of the Licensee and any Affiliate or Related Undertaking of the Licensee consisting in the Shipping of Natural Gas;

shipping business means any of the following activities involving the operation of a ship anywhere in

shipping business means any of the following activities involving the operation of a ship anywhere in the world other than in the territorial waters of Belize–

shipping business means the business (if any) of the Licensee and any Affiliate or Related Undertaking of the Licensee consisting in the Shipping of Natural Gas;“Shipping Licence”means the licence to Ship Natural Gas granted to a Shipper by the Commission under Section 16 (1) (b) of the Act, permitting the Licensee to arrange with the Transporter for Natural Gas to be introduced into, conveyed through, or taken out of a pipeline system operated by the Transporter. For the avoidance of doubt the licensing regime for Liquefied Natural Gas terminals is separate from the pipeline licensing regime;“Storage Business”means the business (if any) of the Licensee and any Affiliate or Related Undertaking of the Licensee consisting in the storage of Natural Gas;“Subsidiary”means a subsidiary within the meaning of Section 155 of the Companies Acts, 1963;“Supplier”means a person licensed by the Commission under Section 16(1)(a) of the Act to engage in the supply of Natural Gas;“Supply Business”means the business (if any) of the Licensee and any Affiliate or Related Undertaking of the Licensee consisting in the supply of Natural Gas;“Transmission Business”means the business (if any) of the Licensee and any Affiliate or Related Undertaking of the Licensee consisting in the operation of any one or more transmission pipelines;“Transmission System”means a system made up of transmission pipelines (as specified by the Commission under the Act); and“Transmission System Operator”means the entity licensed to operate the Transmission System under Section 16 (1)(c) of the Act; and“Transporter”means a person who operates one or more distribution or transmission pipelines.“Wholesale Customers”means any natural or legal persons other than Transmission System Operators and Distribution System Operators who purchase Natural Gas for thepurpose of resale inside or outside the system where they are established;

shipping business shall have the meaning ascribed thereto in the Indenture;