Tilos Ship definition

Tilos Ship means the 5,500 dwt class oil tanker known on the date of this Agreement and during construction at Qingdao's yard as Hull No. QHS-226, to be constructed and sold by the Builders to the Tilos Borrower pursuant to the Tilos Contract and to be registered on the Delivery Date for such Ship in the ownership of the Tilos Borrower through the relevant Registry under the laws and flag of the relevant Flag State;

Related to Tilos Ship

  • Existing ship means a ship which is not a new ship.

  • New ship means a ship:

  • Vessel means the vessel/craft belonging to the Contractor for carrying out the work.

  • U.S.-flag vessel means a vessel of the United States or belonging to the United States, including any vessel registered or having national status under the laws of the United States.

  • Relevant Ship means the Ships and any other vessel from time to time (whether before or after the date of this Agreement) owned, managed or crewed by, or chartered to, any Relevant Party;

  • Ship means a vessel of any type whatsoever operating in the marine environment and includes hydrofoil boats, air-cushion vehicles, submersibles, floating craft and fixed or floating platforms.

  • cargo ship means any ship which is not a passenger ship;

  • Shipbuilding Contract means the shipbuilding contract dated 30 March 2011 and made between the Builder and the Borrower for the construction by the Builder of the Ship and its purchase by the Borrower as supplemented and amended from time to time;

  • The Vessel means the vessel named in Box 5 and with particulars as stated in Boxes 6 to 12.

  • Tank vessel means a ship that is constructed or adapted to carry, or that carries, oil in bulk as cargo or cargo residue, and that:

  • Bareboat Charter means the bareboat charter agreement to be executed by the Effective Date by the Borrower as owner and the Charterer as bareboat charterer.

  • passenger ship means a ship which carries more than 12 passengers;

  • Approved Manager means, in relation to each Ship, Allseas Marine S.A. a corporation organised and existing under the laws of the Republic of Liberia, having its registered office at 00 Xxxxx Xxxxxx, Xxxxxxxx, Xxxxxxx and maintaining a ship management office at Voula Center, Xxxxxxxx Xxxxxx Xxxxxx 000-000, 000 00 Xxxxx, Xxxxxx or any other company which the Agent may, with the authorisation of the Majority Lenders, approve from time to time as the technical and/or commercial manager of a Ship;

  • New Shipper means a Shipper that is not a Regular Shipper.

  • Fleet Vessels means all of the vessels (including, but not limited to, the Ships) from time to time wholly owned by members of the Group (each a “Fleet Vessel”);

  • Documented vessel means a vessel documented under chapter 121, title 46, United States Code or a vessel for which an application for such docu- mentation is pending.

  • Foreign flag vessel means any vessel that is not a U.S.-flag vessel.

  • Vessels shall have the meaning set forth in the recitals.

  • existing vessel means a vessel which is not a new vessel;

  • Charter contract means a fixed term, renewable contract between a charter school and an authorizer that outlines the roles, powers, responsibilities, and performance expectations for each party to the contract.

  • Covered vessel means a tank vessel, cargo vessel, or passenger vessel.

  • Mortgaged Vessel means, at any relevant time, any Vessel which is at such time subject to a Mortgage and a Vessel shall, for the purposes of this Agreement, be regarded as a Mortgaged Vessel as from the date on which the Mortgage of that Vessel has been executed and registered in accordance with this Agreement until whichever shall be the earlier of (i) the payment in full of the amount required to be paid to the Agent pursuant to clause 4.3 or 4.5 following the Total Loss or sale respectively of such Vessel and (ii) the end of the Facility Period;

  • co-operative society means a body registered in India under the Co-operative Societies Act, 1912;

  • Classification Society or “Class” means the Society referred to in line 4.

  • MOA means the Borrower’s Ministry of Agriculture;

  • Charterer means a person, firm, corporation, association, partnership, or other legal entity who contracts for the transportation of passengers and baggage, or goods and/or property from a specified origin to a specified destination, for a particular itinerary, agreed upon in advance.