Simon Labrador definition

Simon Labrador. DATED 20TH DECEMBER 1990 BETWEEN (1) ROYAL BANK OF SCOTLAND (INDUSTRIAL LEASING) LIMITED ("RBL") AND (2) SIMON-HORIZON LIMITED ("SIMON") (THE "HEAD CHARTER") LEASE OF CERTAIN SEISMIC EQUIPMENT (THE "GOODS") DATED 31ST MARCH 1992 BETWEEN (1) RBL AND (2) SIMON (THE "HEAD MASTER LEASE") AND LEASE CONTRACTS BEARING NUMBERS RS290/0017 AND RS920/0022 DATED 31ST MARCH 1992 BETWEEN (1) RBL AND (2) SIMON (THE "HEAD LEASING CONTRACTS") QUADRIPARTITE AGREEMENT DATED [ ] BETWEEN (1) RBL (2) SIMON AND (3) HORIZON EXPLORATION LIMITED ("HEL") (THE "AGREEMENT") Words and expressions used herein shall have the same meanings as in the Agreement. * [We refer to the Default Notice dated [ ] and hereby give you notice that the Default referred to therein has not been remedied to our satisfaction within the Cure Period stated in the said Default Notice]. * [It has come to our attention that a Financial Termination Event has occurred pursuant to the Head Charter namely [specify].]. As a consequence your right to possession of the Ship and the Goods are hereby terminated. We hereby require that there be paid to the account specified below within 3 Banking Days hereof the sum of [ ] pursuant to clause 25 of the Head Charter and the sum of [ ] pursuant to clause 14.03 of the Head Master Lease. We reserve our rights to require payment of any other sums that may be payable to us pursuant to the terms of the Head Lease Documents. Payment should be made to the following account: 13 12.
Simon Labrador. (ex M.V. "Seaway and "Vessel" Labrador");
Simon Labrador. (ex "Seaway Labrador") purchased by the Owner pursuant to the Purchase Contract presently registered under the Bahamian flag at the Port of Nassau with Official Number 715224 and includes any share or interest therein and her engines, machinery, boats, tackle, outfit equipment, compressors, computers, seismic survey equipment, spare gear, fuel, consumables or other stores belongings and appurtenances whether on board or ashore (but excluding Excluded Equipment, Retained Equipment, Additional Equipment, consumable stores and provisions, bunkers, domestic fuel, lubricants, rented equipment, and Charterer's additions as contemplated in Clause 20.3) which became the property of the Owner pursuant to the Purchase Contract and the Conversion and Supply Agreement and belong to the Owner as at Delivery or installed on the Ship thereafter or which, having been removed therefrom remain the property of the Owner pursuant to this Charterparty or the Simon Charterparty together with any and all substitutions therefor and replacements and renewals thereof from time to time made in or to her in accordance with the provisions of this Charterparty and, where the context permits, "Ship" shall include the Manuals and Technical Records and "Ship" shall include

More Definitions of Simon Labrador

Simon Labrador and the leasing and sub-leasing of certain seismic equipment
Simon Labrador. (ex "Seaway Labrador") which is registered in the name of the Owner under the Bahamian flag at the port of Nassau Commonwealth of the Bahamas with official number 715224 (the "Vessel") subject to and with the benefit of a charterparty by way of demise dated 20th December 1990 (together with an addendum thereto dated 31st March 1992 called the "Head Charter") made between (1) the Owner and (2) Simon under which the Owner has chartered the Vessel to Simon for a primary period expiring on 1st April 2001 on the terms and conditions therein contained.
Simon Labrador. (therein called m.v. "SEAWAY LABRADOR") (the "Ship"), dated 20th December 1990 (hereafter the "Charterparty") BETWEEN:
Simon Labrador. (the "Vessel") to the Assignee by way of sub-demise and that the Assignee shall (inter alia) assume and be responsible for the discharge of all liabilities of the Assignor in respect of the Vessel including under and in connection with the Management Agreement
Simon Labrador registered under the Bahamian flag at the port of Nassau under Official Number 715224 (the "Ship") upon the terms and conditions therein mentioned.
Simon Labrador and the HEL Documents except with the prior written consent of HEL (such consent not to be unreasonably withheld or delayed).

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