Vessel B definition

Vessel B has the meaning given to it in the recitals.

Vessel B means approximately 48,000 dwt bulk carrier built by the Builder pursuant to the Building Contract having Hull No. E1-492 at the Builder’s yard and to be named “GYPSUM INTEGRITY”.

Vessel B means the 160,000 dwt suezmax tanker “Xxxxx Xxxxxxx” built in 2011 and registered in the name of the Vessel B Owner in the Isle of Man ship registry.

Examples of Vessel B in a sentence

• The owner of Vessel A buys Vessel B and applies for a permit for Vessel B to participate in the same or a different fishery.

• CPLP has supplied to CMTC true and correct copies of the organizational documents of the Vessel B Owning Subsidiary, as in effect as of the date hereof (the “Organizational Documents B”).

• There are not outstanding (i) any options, warrants or other rights to purchase from the Vessel B Owning Subsidiary any capital stock of such Vessel B Owning Subsidiary, (ii) any securities convertible into or exchangeable for shares of the capital stock of the Vessel B Owning Subsidiary or (iii) any other commitments of any kind for the issuance of additional shares of capital stock or options, warrants or other securities of the Vessel B Owning Subsidiary.

• The Vessel B Owning Subsidiary has full corporate power and authority to carry on its business as it is now, and has since its incorporation been, conducted, and is entitled to own, lease or operate the properties and assets it now owns, leases or operates and to enter into legal and binding contracts.

• Therefore, total voting rights in the Company as at close of business on 20 March 2015 were 112,655,671.

More Definitions of Vessel B

Vessel B means the double-hull single screw diesel engine driven carrier of diesel oil gasoline and other clean and dirty oil products of approximately 2,400 dwt having hull no. N2220000 being constructed by the Builder pursuant to the Shipbuilding Contract B to be acquired by the Borrower B and to be registered on the relevant Delivery Date in its ownership under a flag acceptable to the Creditor Parties under a name approved by the relevant flag authorities;

Vessel B means m.v. “POLAR SPIRIT” and everything now or in the future belonging to it on board and ashore, currently registered under the flag of the Bahamas in the ownership of Polar Spirit L.L.C..

Vessel B means the capesize bulk carrier of about 170,000 dwt which is being or to be constructed by the Builder with Builder’s Hull No. S1082 for, and purchased by, Sizzling under the Vessel B Shipbuilding Contract;

Vessel B means the m/v Navios Astra, an ultra handymax bulk carrier of about 53,468 dwt, built 2006, presently registered under Panamanian flag in the ownership of the relevant Seller and chartered by the Head Owner to Navios Handybulk pursuant to the Vessel B Charter-in ,which may be acquired by the Borrower B following the exercise by Navios Handybulk of the Vessel B Purchase Option and nomination of the Borrower B as buyer of the Vessel B under the relevant MOA and (following such acquisition) registered in the ownership of the Borrower B under the same name and under the laws and flag of the relevant Flag State;

Vessel B means the capesize bulk carrier of about 170,000 dwt which is being or to be constructed by the Builder with Builder’s Hull No. S1069 for, and purchased by, Rumer under the Vessel B Shipbuilding Contract;

Vessel B means m.v. "GALICIA SPIRIT" and everything now or in the future belonging to her on board and ashore.

Vessel B means a handysize newbuilding dry bulk carrier of approximately 32,000dwt to be constructed and equipped at the shipyard of JNS in Guangdong Province, China. It is currently expected that Vessel B will be delivered in the third quarter of 2009 and will be registered under the laws and flag of Hong Kong upon its delivery.