Examples of Vessel Construction Contract in a sentence
The Borrower xxx entered into or will enter into a construction contract (the "Vessel Construction Contract," as more fully defined herein) with Samsung Co., Ltd.
On August 23, 2002, HBC and Cashman entered into a Vessel Construction Contract ("the Contract"), stating that HBC was to construct four barges (JMC-120, JMC 121, JMC-142and JMC-143) for Cashman.
Vessel Construction Contract Management Recommendations 31Table 24.
SCHLUETER Authorizex Xxxxx Xxxxxxxx -- Final Exhibits To Vessel Construction Contract Entered Into ----------------------------------------------------- as of May 2, 2004 by and between -------------------------------- VT Halter Marine, Inc.
The appraisal update will reflect the change in market conditions since the July 2013 appraisal.
The Borrower has asked Conoco to make term loans to the Borrower in an aggregate principal amount not to exceed $85,000,000 (including capitalized interest in an aggregate principal amount not to exceed $___________________), the proceeds of which are to be used to pay a portion of the costs due to the Builder under the Vessel Construction Contract prior to the delivery of the Vessel and/or to purchase BFE.
Under the Vessel Construction Contract, Borrower is or will be obligated to make certain payments to the Builder.
The contract price for each Vessel is Four Hundred Thirty-Six Thousand Eight Hundred Eighty Dollars ($436,880.00) plus any applicable steel surcharges for delivered steel per Vessel, subject to Article II as amended of the Vessel Construction Contract to which this Exhibit is attached.
It is, revealing, however, that victims of overt violence did not turn to public authorities of their own accord.
The Borrower will use the proceeds of the Vessel Construction Loans solely (i) to fund the First Installment payable to the Builder as defined and described in the Vessel Construction Contract, and (ii) to finance the acquisition of BFE.