Sister Vessel definition

Sister Vessel means the drillship being constructed by the Builder with Hull Number 1866 pursuant to the Sister Shipbuilding Contract.
Sister Vessel means a vessel exactly similar in design to one already dealt with under a particular Part of these Regulations;”;
Sister Vessel means [ ]

Examples of Sister Vessel in a sentence

  • Provided that if a collision or contact occurs involving the Yacht and any other vessel belonging to the same Assured, the Sister Vessel Clause shall apply.

  • If any changes or modifications to the plans and/or drawings for the Sister Vessel are required by any reasons, then such plans and/or drawings shall be submitted for approval with the specific Builder’s Hull No.609 and Hull No.610 from the Seller to the Buyer in accordance with the provisions of this Contract.

  • Where it is described as “the first VESSEL only” in the plans and drawings, the first VESSEL means Hull No.609, and the relevant test items for “the first VESSEL only” shall be omitted from the Sister Vessel, utilizing the results of test data of the first VESSEL.

  • Evidence that (i) the Vessel Drilling Charter Date has occurred or (ii) the Vessel and Sister Vessel Drilling Charter Date has occurred.

  • If the Vessel and Sister Vessel Drilling Charter Date has occurred, evidence from the Equity Account Bank that the required Equity Collateral has been placed in the Equity Account in accordance with Clause 12.2(a)(iii)(C).

  • If the Vessel and Sister Vessel Drilling Charter Date has occurred, evidence from the Account Bank that the amount of US$25,000,000 has been paid into the Debt Service Reserve Account in accordance with Clause 12.8(a).