Additional Charter definition

Additional Charter means, in respect of “NAVIOS FULVIA” and “NAVIOS MELODIA”, a time charterparty made or to be made in respect thereof in a form acceptable to the Agent and the Majority Lenders;
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Additional Charter means, in respect of a Ship, any time charterparty made between the relevant Borrower (as owner) and the relevant Additional Charterer (as charterer) having an original fixed duration of no less than 3 years at a minimum daily net rate of hire acceptable to the Agent in its discretion in the Agreed Form and, in the plural, means all of them;
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Additional Charter means a time charter or other contract of employment in respect of the Additional Ship entered into or (as the context may require) to be entered into by the Additional Owner, as owner, and with such person or company acceptable to the Bank in its discretion, as charterer, and which shall meet the following requirements:
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Examples of Additional Charter in a sentence

  • No Borrower shall make any modification or repairs to, or replacement of, any Ship or equipment installed on it unless (a) this is required pursuant to the terms and conditions of an Approved Charter or an Additional Charter (as the case may be) and (b) any modification or repairs to, or replacement of, the relevant Ship or equipment installed on it could not be reasonably expected to materially alter the structure, type or performance characteristics of that Ship or materially reduce its value.


More Definitions of Additional Charter

Additional Charter has the meaning given to that term in Schedule 9 (Vessel Details);
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Related to Additional Charter

  • Additional Charge means a charge in accordance with Canon’s Current Rate; Additional Services means any service in addition to the Services to be provided by Canon under clause 21; Business Day means a day that is not a Saturday, Sunday or public holiday in the place where the Products or Services are being supplied;

  • Additional Charges As defined in Section 3.3.

  • Legal Charge means the legal charge over the Land to be entered into by the Academy Trust in favour of the Secretary of State, in a form and substance satisfactory to the Secretary of State.

  • Work Letter means the work letter between Landlord and Tenant regarding the construction of the Tenant Improvements, if any, in the form of Exhibit C.

  • Rental Charges means the charges payable for renting the Vehicle from Us together with GST and any other taxes or levies which are all fully set out in the Rental Agreement.

  • Sub-Lease means the sub-lease entered into following the approval of an Approved Sub-lease;

  • New Lease Any lease of REO Property entered into on behalf of the Trust, including any lease renewed or extended on behalf of the Trust if the Trust has the right to renegotiate the terms of such lease.

  • Basic Rent means Basic Rent as defined in Paragraph 6.

  • Interim Rent means the pro-rata portion of Rent due for the period from the Commencement Date through but not including the first day of the first full Rent Interval included in the Initial Term.

  • Original Lease shall have the meaning given such term in the recitals to this Agreement.

  • Space Lease The space or occupancy lease pursuant to which any Borrower holds a leasehold interest in the related Mortgaged Property, together with any estoppels or other agreements executed and delivered by the lessor in favor of the lender under the related Mortgage Loan(s).

  • Additional Rental has the meaning set forth in Section 4.03.

  • Additional Rent means any and all amounts, other than Basic Rent, required to be paid by the Tenant under this Lease, whether or not same are designated “Additional Rent” or whether or not the same are payable by Landlord;

  • Supplemental Rent means all amounts, liabilities and obligations (other than Basic Rent) which the Lessee assumes or agrees to pay to the Lessor, the Trust Company, the Holders, the Agent, the Lenders or any other Person under the Lease or under any of the other Operative Agreements including without limitation payments of the Termination Value and the Maximum Residual Guarantee Amount and all indemnification amounts, liabilities and obligations.

  • Construction Contract or “contract” means a written agreement between a contractor and a public agency for the construction, alteration, demolition, or repair of a facility, other than a contract having a dollar value of less than $30,000.00 or a contract that provides for 3 or fewer payments.

  • Fixed Rent shall have the meaning set forth in Section 1.1 hereof.

  • Initial Rent means [ ] (£[ ]) STERLING yearly (exclusive of any VAT);

  • Co-op Lease With respect to a Co-op Loan, the lease with respect to a dwelling unit occupied by the Mortgagor and relating to the stock allocated to the related dwelling unit.

  • Master Lease means that certain [Master Lease title], relating to the leasing of, inter alia, the Healthcare Facility by Borrower to Master Tenant.

  • Original Project means the Project described in the Original Financing Agreement.

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

  • Master Lease Agreement has the meaning set forth in Section 7.2(c)(xiv).

  • Room Rent Means the amount charged by a hospital for the occupancy of a bed on per day (24 hours) basis and shall include associated medical expenses.

  • Wet Lease means any arrangement whereby Owner or a Permitted Lessee agrees to furnish the Aircraft, Airframe or any Engine to a third party pursuant to which the Aircraft, Airframe or Engine shall at all times be in the operational control of Owner or a Permitted Lessee, provided that Owner’s obligations under the Trust Indenture shall continue in full force and effect notwithstanding any such arrangement.

  • Sublease Agreement shall have the meaning specified in Section 8.2(b).

  • Retail charge agreement means that term as defined in section 2 of the retail installment sales act, MCL 445.852.