Stolt definition
Examples of Stolt in a sentence
Pursuant to Amendment No. 2 to the Loan Agreement, among other things, an additional advance in the amount of USD 55,000,000 will be made available by the Lender to the Borrower, Stolt Achievement B.V. will be added as a Continuing Shipowning Company and ▇▇ ▇▇▇▇▇ Achievement will be added as a Continuing Vessel.
The previous 14 ship collateral agreement was replaced with a new seven-ship mortgage agreement which serves as security in support of the aggregate amount of all loans under the Revised Stolt Fleet Loan.
The Revised Stolt Fleet Loan is for $325.8 million, $225.8 million of which reflects the amounts outstanding under the previous Stolt Fleet Loan and $100 million of which is a new ten-year tranche (Tranche A).
The collateral package for the entire Stolt Fleet Loan, which includes the additional tranches (Tranche A and Tranche B) was increased from seven ships to eight ships.
The Security Documents (other than the Qualifying Security Documents), together with all notices and other documents required by any of them, duly executed and, in the case of the Mortgages over the Barge Vessels and the Avenir Vessel, registered with first priority through the Registrar of Ships (or equivalent official) at the port of registry of the Barge Vessels and the Stolt Avenir Vessel.
Notwithstanding any other reserves which must be maintained by applicable Law or the articles of association of the Company, the Company shall have one share premium reserve to which each of Nutreco and Stolt B.V., as shareholders of the Company, are equally entitled in proportion to the number of shares in the share capital of the Company held by them.
Rosenblatt, A.E., A.J. Gold, m.H. Stolt, P.m. Groffman, and D.Q. Kellogg.
On October 27, 2005 we refinanced an existing debt facility with the Danish Ship Finance (the “Revised Stolt Fleet Loan”) relating to 14 oceangoing ships.
The facility matures on July 29, 2012 and Stolt Tanker Finance II B.V., our wholly owned, indirect subsidiary, is the borrower and SNSA, SNTG and certain other of our subsidiaries are the guarantors.
The S▇▇▇▇-▇▇▇▇▇▇▇ Inland Tanker Service currently operates 41 inland tankers on the Northwest European waterways while Stolt Transportation Services trades five inland barges in U.S. coastal waters.