Vessel C definition
Examples of Vessel C in a sentence
Borrower shall have paid (A) a commitment fee of one percent (1%) of the Advance (the “Commitment Fee”), (B) Lender’s reasonable expenses incurred for inspecting and appraising the Vessel, (C) all filing and recording fees, and all stamp and other taxes payable with respect to the consummation of the transactions as contemplated in this Agreement, and (D) Lenders’ reasonable attorneys’ fees and other expenses incurred as of Closing in connection with the transactions contemplated in this Agreement.
Vessel C: “Ob River”, a 2007-built, 149,700 cbm LNG Carrier, built at Huyndai Heavy Industries Co. Ltd.
The Facility consists of Tranche A (applicable to Vessel A), Tranche B (applicable to Vessel B) and Tranche C (applicable to Vessel C).
Pay to the Builder all amounts payable on delivery of the Vessel B, Vessel C and Vessel D in accordance with the relevant Shipbuilding Contract and take, or as the case may be, ensure that the relevant Borrower, takes delivery of the relevant Vessel.
The Repayment Dates set out in the first column of each of Part I, Part II and Part III of Schedule 6 (Loan repayment) have been calculated on the assumption that the Delivery Date for Vessel A will be 24 June 2011, the Delivery Date for Vessel B will be 4 August 2011 and the Delivery Date for Vessel C will be 30 July 2011.