Slip Holder definition

Slip Holder means an individual, other than a transient vessel owner, who has been granted permission to occupy a slip on an annual basis for a fee.
View Source

Examples of Slip Holder in a sentence

  • The particular slip leased to Slip Holder may be changed from time to time by the Marina.

  • Guests are welcome, and must be in the company of a Registered Slip Holder in order to have access to / use of Marina private areas including, but not limited to: swimming pool, boater’s lounge, docks, grilling / picnic areas, fire pits and recreation areas.

  • Disorder, depredations or indecorous conduct by a Slip Holder or his or her guests / visitors that might injure a person, disturb other berth tenants, cause damage to the property or harm the reputation of SOUTH BAY Marina shall be just cause for immediate termination of the Slip Holder’s Boat Space Rental Agreement.

  • If Slip Holder shall at any time fail to pay Slip Rents or other charges or sums due hereunder, or perform any other covenantscontained in this Agreement, Guarantor will pay to Owner such sums and all other sums and damages that may arise in consequence of any such default by Slip Holder hereunder.

  • Upon expiration of this Agreement, Owner may apply all or a portion of the Deposit to repair any damage to the Slip or otherwise as may be neededto cure any default of Slip Holder hereunder, after which any remaining balance of such Deposit shall be returned to Slip Holder.

  • Slip Holder must provide at commencement of this Agreement and thereafter upon request a certificate of insurance (or other proof of insurance acceptable to Owner) evidencing the foregoing insurance and, as to liability insurance, naming Owner, its managers, members, affiliates, employees, agents, and contractors as additional insured with full waiver of subrogation.

  • Slip Holder shall promptly pay all charges for electricity and other utilities and services furnished from time to time to the Slip, together with a utility service charge established by Owner from time-to-time.

  • Slip Holder shall comply with all Marina regulations, as well as all applicable municipal, county, state and federal laws, rules and regulations.

  • Failure of Slip Holder to comply with the requirements of this Section shall entitle Owner to immediately terminate this Agreement upon notice to Slip Holder and exercise a l remedies for default set forth in this Agreement.

  • License Reassignment: Slip Holder license are exclusive and cannot be reassigned.