Vessel 3 definition

Vessel 3 means the liquefied natural gas carrier Al Marrouna (Hull No. 2238) owned or to be owned by Al Marrouna L.L.C.
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Vessel 3 means that certain 36,000 dwt bulk carrier currently being constructed by the Builder with an expected delivery date in the first quarter of 2011, given Builder’s Hull No. 6045.
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Vessel 3 means MT “▇▇▇▇▇▇ ▇▇▇▇▇▇▇”, IMO no. 9623635, registered in the name of Borrower B in an Approved Ship Registry.
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Examples of Vessel 3 in a sentence

  • If OSU chooses to exercise the Contract options, contracting for Inspector services for Vessel 2, and Vessel 3 will be done via written Amendments to this Contract.

  • OSU reserves the right, at its sole discretion to exercise options to extend the term of this Contract to provide Inspector services for Vessel 2, and Vessel 3.

  • In the event that a Vessel is located at Boatyard, including at the dock area, upon the expiration of the seventy-two (72) hour period, then the Owner is required to pay 1) Boatyard’s posted daily storage fee (or do-it-yourself storage fee), 2) the said fee to haul or launch the Vessel, 3) dockage fee, and 4) any other charges for services provided by Boatyard.

  • The purpose of this Amendment 2 to the Contract for Construction of Two Vessels, effective as of September 10, 2013 (the “Contract”), is to provide Purchaser with an additional Vessel (Vessel 3) and an Option Period of 80 days to purchase a fourth Vessel (Option Vessel 1).

  • For Vessel 3 and Option Vessel 1, following the initial payment the Purchaser shall make quarterly payments (“Quarterly Payments”) pursuant to the Quarterly Payments Schedule below.


More Definitions of Vessel 3

Vessel 3 means MT “Carmen Knutsen”, IMO no. 9623635, registered in the name of Borrower B in an Approved Ship Registry.
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