Chase Boat definition

Chase Boat means a vessel whose primary function is the provision of guard boat duties to a seismic survey vessel. However a chase boat may also, as a supplementary function, conduct supply to a seismic survey vessel. If a chase boat is over 64 metres in length and is engaged in the supply function, it will be paid 100% while engaged in that supply work.

Examples of Chase Boat in a sentence

  • Scope of Works Support Vessel Cat 2 under 8999bhp 100% FPSO Support/Supply 96% Platform/Rig Supply under 64m 96% Supply Vessel Cat 1 under 64m 96% Site Survey 93% Seismic Survey 100% Shallow Water Seismic 93% Chase Boat 96% Standby 93% North West Coastal under 30m* 90% North West Coastal over 30m** 93% Multifunction/Utility Vessel*** 96% * Includes crew boats, line boats, landing barges, shallow water tug operations where the vessel is less than 30m in length and operating in the NW Coastal Area.

Related to Chase Boat

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  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • Chase means JPMorgan Chase Bank, N.A., a national banking association, in its individual capacity, and its successors.

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  • Public Finance Management Act ’ means the Public Finance Management Act, 1999 (Act No. 1 of 1999);

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  • JPMorgan means JPMorgan Chase Bank, N.A.

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  • London Inter-Bank Offered Rate means, for any applicable interest period, the rate per annum equal to the British Bankers Association LIBOR Rate (“BBA LIBOR”), as published by Reuters (or other commercially available source providing quotations of BBA LIBOR as selected by the Bank from time to time) at approximately 11:00 a.m. London time two (2) London Banking Days before the commencement of the interest period, for U.S. Dollar deposits (for delivery on the first day of such interest period) with a term equivalent to such interest period. If such rate is not available at such time for any reason, then the rate for that interest period will be determined by such alternate method as reasonably selected by the Bank. A “London Banking Day” is a day on which banks in London are open for business and dealing in offshore dollars.