Fleet Vessels means all of the vessels (including, but not limited to, the Ships) from time to time wholly owned by members of the Group (each a “Fleet Vessel”);
Fleet Vessels means any ship (including the Ships) from time to time wholly owned, leased or chartered in by the Parent Guarantor (directly or indirectly) (excluding vessels under construction and vessels chartered in for period shorter than 24 months) (each a "Fleet Vessel").
Fleet Vessels means any vessel (including the Vessel) from time to time wholly owned by the Guarantor (directly or indirectly) (each a “Fleet Vessel”).
Examples of Fleet Vessels in a sentence
The Guarantor (on a consolidated basis) shall ensure that the ratio of EBITDA to Fixed Charges shall be (i) 1.15:1.00 if 75% to 100% of the Fleet Vessels are on Contracted Employment for a period of twelve (12) months or more, (ii) 1.20:1.00 if 50% to 74% of the Fleet Vessels are under Contract Employment for a period of twelve (12) months or more and (iii) 1.25:1.00 at all times otherwise, in any event on a twelve (12) months rolling basis on assumptions approved by the Bank.
Compliance by Ready Reserve Fleet Vessels with SOLAS Lifeboats and Fire Suppression Requirements.
More Definitions of Fleet Vessels
Fleet Vessels means, together, all of the vessels (including, but not limited to, the Ships) from time to time owned or leased by members of the Borrower’s Group which, at the relevant time, are included within the Total Assets of the Borrower’s Group in the balance sheet of the Applicable Accounts or which would be included within the balance sheet if the Applicable Accounts were required to be prepared at that time;
Fleet Vessels means any vessel (including the Collateral Vessels) from time to time owned by the Borrower or any of its Subsidiaries.
Fleet Vessels means any vessels owned, or chartered on long-term demise charter to any member of the Group;
Fleet Vessels means any vessel (including the Vessels) from time to time managed by the Guarantor, as they appear in the then most recent financial statements delivered pursuant to Clauses 12.1.1 (Financial statements) and 12.1.3 (Interim financial statements) and "Fleet Vessel" means any one of them.
Fleet Vessels means all of the vessels from time to time wholly owned by the Partnership and its Subsidiaries. “Holder Conversion Notice” has the meaning assigned to such term in Section 5.10(b)(ix)(B).
Fleet Vessels means together all of the vessels (including, but not limited to, the Ships) from time to time owned by members of the Group;