Initial Charters definition

Initial Charters means any or all of them;
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Initial Charters means either or both of them;
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Initial Charters means, together, the Q Jake Initial Charter, Q Ioanari Initial Charter, the Q Arion Initial Charter and Q Xxxx Initial Charter and “Initial Charter” means any one of them;
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Examples of Initial Charters in a sentence

  • Each of m.v.s Partagas and Raiatea shall be delivered by their Owners to the relevant Charterers and accepted for service under the relevant Initial Charters on 31 October 2014 and 31 January 2015 respectively (or, in any case, within 45 days after each such respective date).

  • No Borrower shall agree to any material amendment or supplement to, or waive or fail to enforce, any Initial Charter relative to its Ship or any of its provisions (and, without limitation, any reduction to the charter hire rate or to the fixed duration of any Initial Charter (without taking into account any optional extensions) shall be considered a material amendment for the purposes of this Clause 21.26 (No amendments to the Initial Charters)).


More Definitions of Initial Charters

Initial Charters means (a) in respect of the Collateral Vessel a time charter or other contract of employment in respect of the Collateral Vessel dated 27 October 2010 entered into between the Collateral Owner and the relevant Initial Charterer for a period of duration of not less than 24 months at a daily rate of hire of $24,700 on the terms and subject to the conditions of which the Collateral Owner has chartered the Collateral Vessel to the relevant Initial Charterer and (b) in respect of each Borrower’s Vessel a time charter or other contract of employment dated 2 November 2011 entered into between each Borrower and the relevant Initial Charterer for a period of duration of not less than 36 months at a net daily rate of hire of $28,144 on the terms and subject to the conditions of which each Borrower has chartered its Borrower’s Vessel to the relevant Initial Charterer.
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Initial Charters means (a) in respect of the Vessel, a time charter or other contract of employment in respect of the Vessel dated 27 October 2010 entered into between the Borrower and the relevant Initial Charterer for a period of duration of not less than 24 months at a daily rate of hire of $24,700 on the terms and subject to the conditions of which the Borrower has chartered the Vessel to the relevant Initial Charterer and (b) in respect of each Collateral Vessel, a time charter or other contract of employment dated 2 November 2011 entered into between each Collateral Owner and the relevant Initial Charterer for an initial period of duration of not less than 36 months at a net daily rate of hire of $28,144 on the terms and subject to the conditions of which each Collateral Owner has chartered its Collateral Vessel to the relevant Initial Charterer, and ‘Initial Charter’ means any one of them.”;
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Initial Charters means, in respect of a Vessel, the time charter entered into between each Borrower and the relevant Initial Charterer evidenced by a recap dated 14 November 2013 in respect of Vessel A and 15 November 2013 in respect of Vessel B, with a period of duration between eleven (11) and thirteen (13) months commencing from the Delivery Date of each Vessel at a daily rate of hire equal at any given time to 102.75% of the average of the four time charter routes as published by the Baltic Capesize Index and otherwise on the terms and conditions to be contained therein and "Initial Charter" means either one of them.
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Initial Charters means Initial Charter A and Initial Charter B.
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Related to Initial Charters

  • Time Charter means the time charter party between Owners as owners and Stena Bulk AB (the "Time Charterers") as charterers effective attached hereto as Annex 1. "Agreement" means Part I, Part II, including Additional Clauses 21-31 as well as Annex 1.

  • Certificate of Completion means the certificate of completion given by the Engineer-in- charge pursuant to clause 40 of these conditions;

  • Certificate of Final Completion means the certificate issued by A/E that documents, to the best of A/E’s knowledge and understanding, Contractor’s completion of all Contractor’s Punchlist items and pre-final Punchlist items, final cleanup and Contractor’s provision of Record Documents, operations and maintenance manuals, and all other closeout documents required by the Contract Documents.

  • Certificate of Coverage means a written certification provided by any source that offers medical care coverage, including the Plan, for the purpose of confirming the duration and type of an individual’s previous coverage.

  • Certificate of inspection means an unsworn statement,

  • Charters means Kitty Hawk Charters, Inc., one of the Debtors.

  • Final Plans with respect to any particular work or improvement means Plans which (i) have received final approval from all governmental authorities required to approve such Plans prior to completion of the work or improvements and (ii) contain sufficient specificity to permit the completion of the work or improvement.

  • Construction Start Date means the later to occur of the date on which Seller delivers to Buyer (a) a copy of the Notice to Proceed that Seller has delivered to the EPC Contractor for the Project, and (b) a written Certification substantially in the form attached hereto as Appendix IV-1.

  • construction site means a workplace where construction work is being performed;

  • Construction Completion Date means the date by which the overall development of the Project is completed in accordance with the provisions of this Agreement and when the Construction Completion Certificate is issued by the Independent Engineer as per Article 14.1.

  • Operating Plan means a plan adopted or amended under this section for the development, redevelopment, maintenance, operation and promotion of a business improvement district, including all of the following:

  • Effective Date of Coverage means the date of commencement of Coverage in respect of a Life Insured under the Policy pursuant to the provision on Commencement of Coverage.

  • Bareboat Charter means the bareboat charter agreement to be executed by the Effective Date by the Borrower as owner and the Charterer as bareboat charterer.

  • Parent Charter means the Certificate of Incorporation of Parent, as from time to time amended.

  • Operating Agreement means this Operating Agreement as originally executed and as amended from time to time.

  • Restated Charter means the Company’s Amended and Restated Certificate of Incorporation, as amended and/or restated from time to time.

  • Project Start Date means the first Milestone Start Date specified in Schedule B;

  • Company Charter means the certificate of incorporation of the Company, as amended.

  • Construction Completion means physical construction of a cleanup action component is complete.

  • Initial Budget has the meaning set forth in Section 7.06(a).

  • Safety Management Certificate has the meaning given to it in the ISM Code.

  • Building Plans means the general building plans in respect of the Development approved by the Building Authority and includes any approved amendments or modifications thereto;