Examples of Vessels in a sentence
For example, the Article 'Marine Disaster', found in Part Continuous Operating Vessels, applies equally to Vessels.
Government is a named party or is a proper party defendant under the law (to include without limitation, the Public Vessels Act and any provisions).
Together with delivery of the compliance certificates described in Section 7.01(e) required in connection with each fiscal quarter in each fiscal year of the Parent, and at any other time within 33 days of the written request of the Facility Agent, Appraisals dated no more than 14 days prior to the delivery thereof, in form and substance reasonably satisfactory to the Facility Agent and from two Approved Appraisers stating the then current Fair Market Value of each of the Collateral Vessels.
Schedule V-B sets forth a true and complete listing of all insurance maintained by each Credit Party with respect to the Collateral Vessels as of the Closing Date, with the amounts insured (and any deductibles) set forth therein.
Each Collateral Vessel is (i) or will be, classified in the highest class available for Vessels of its age and type with an Acceptable Classification Society, free of any conditions or recommendations, other than as permitted, or will be permitted, under the Collateral Vessel Mortgage, and (ii) flagged in an Acceptable Flag Jurisdiction.