SHIPBUILDING GROUP definition

SHIPBUILDING GROUP means Shipbuilding Company and its Affiliates as determined immediately after the Distributions, modified as provided in Section 18. "STRADDLE PERIOD" means any Tax Period that begins on or before and ends after the Distribution Date. 4
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SHIPBUILDING GROUP shall have the meaning set forth in the Distribution Agreement. "SHIPBUILDING LIABILITIES" shall have the meaning set forth in the Distribution Agreement. "SUBSIDIARY" shall have the meaning set forth in the Distribution Agreement. "TENNECO EXCLUSIVE POLICIES" shall mean all current and past Policies, including but not limited to the current Policies set forth on SCHEDULE E hereto, which show Tenneco, any other member of the Energy Group or any of their respective predecessors (or such entity and its subsidiaries and/or affiliates) as the named insured and do not purport to relate to Shipbuilding or Industrial or to cover any Shipbuilding Covered Person or Industrial Covered Person, excluding (i) any directors' and officers' liability policies which are or were maintained by or on behalf of Tenneco, and (ii) any Retained Policy. "TERMINATION TIME" shall mean with respect to coverage under any Policy for any Covered Person, the time as of which coverage under said Policy is to be cancelled with respect to that Covered Person pursuant to the terms hereof. "TRANSFERRED CLAIMS-MADE POLICIES" shall have the meaning set forth in Section 2.2 hereof. "TRANSFERRED OCCURRENCE-BASED POLICIES" shall have the meaning set forth in Section 2.1 hereof. "TRANSFERRED POLICIES" shall have the meaning set forth in Section 2.3 hereof. 1.2
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SHIPBUILDING GROUP means Shipbuilding Company, the Shipbuilding Subsidiaries and the corporations, partnerships, joint ventures, investments and other entities that represent equity investments of Shipbuilding Company or any of the Shipbuilding Subsidiaries following the consummation of the Corporate Restructuring Transactions and the Distributions. "SHIPBUILDING INDEMNITEES" means: (i) Shipbuilding Company and each Affiliate thereof after giving effect to the Corporate Restructuring Transactions and the Distributions; and (ii) each of the respective past, present and future directors, officers, employees and agents of any of the entities described in the immediately preceding clause (i) and each of the heirs, executors, successors and assigns of any of such directors, officers, employees and agents. "SHIPBUILDING INFORMATION STATEMENT" means the information statement or registration statement relating to Shipbuilding Company and the transactions contemplated hereby to be distributed to holders of Tenneco Common Stock pursuant to the terms of this Agreement. "SHIPBUILDING LIABILITIES" means, collectively, all of the Liabilities of Shipbuilding Company, the Shipbuilding Subsidiaries and each of the other members of the Shipbuilding Group after giving effect to the Corporate Restructuring Transactions, the Distributions and the transactions contemplated by the Debt and Cash Allocation Agreement, including, without limitation: (i) all of the Liabilities included on the Shipbuilding Business Pro Forma Balance Sheet that remain outstanding as of the close of business on the Distribution Date; (ii) all other Liabilities that are incurred or which accrue or are accrued at any time on, prior to or after the date of the Shipbuilding Business Pro Forma Balance Sheet and that arise or arose out of, or in connection with, the Shipbuilding Assets, the Shipbuilding Business or the Prior Shipbuilding Businesses, determined on a basis consistent with the determination of Liabilities of Shipbuilding Company on the Shipbuilding Business Pro Forma Balance Sheet, including, without limitation, 10
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Examples of SHIPBUILDING GROUP in a sentence

  • SUCH INSURANCE SHALL COVER THE IDENTICAL RISKS, IDENTICAL ENDORSEMENTS AND ON THE IDENTICAL CONDITIONS OF ALL LIABILITY POLICIES HEREIN ABOVE, EXCESS OF PRIMARY COVERAGE,WITH TOTAL LIMITS OF NOT LESS THAN $4,000,000 PER OCCURRENCE AND$4,000,000 AGGREGATE.o WAIVER OF SUBROGATION IN FAVOR EASTERNo ADDITIONAL INSURED ENDORSEMENT IN FAVOR OF EASTERNo FOLLOWING FORM OF UNDERLYING COVERAGE *EASTERN- THE TERM 'EASTERN' SHALL INCLUDE THE VESSEL CONTRACTOR, EASTERN SHIPBUILDING GROUP, INC.

  • INSURANCE REQUIREMENTS FOR COMPANIES WITH EMPLOYEES WORKING AT EASTERN SHIPBUILDING GROUP, INC.

  • D’Isernia Title: Chief Executive Officer ATTEST: By: EXHIBIT “A” Demised Premises[This will be the sketch showing where Triumph funds are expended (shaded green) and where Legislative funds are expended (shaded blue)] EASTERN SHIPBUILDING GROUP, INC.

  • IN WITNESS WHEREOF, Lessor and Lessee have executed this instrument by proper officers thereunto duly authorized as of the day and year first hereinabove written.Signed, sealed and delivered: PANAMA CITY, FLORIDAa political subdivision of the State of Florida By: Greg Brudnicki, Mayor Approved us to legal form and sufficiency ATTEST: By: City Clerk Signed, sealed and delivered: EASTERN SHIPBUILDING GROUP, INC.,a Florida corporation By: Name: Brian R.

  • Nelson Street Panama City, Florid 32402 EASEMENT AGREEMENT THIS EASEMENT AGREEMENT (“Agreement”) is made and entered into effective as of the day of , 2019, by EASTERN SHIPBUILDING GROUP, INC., a Florida corporation, whose mailing address is 2200 Nelson Street, Panama City, Florida 32401 (“Eastern or “Grantor”) and PANAMA CITY, FLORIDA, a political subdivision of the State of Florida, through its governing body, the Board of City Commissioners ("City" or “Grantee”).

  • ESTIMATED MARKET RENT FOR THE PROPOSED EASEMENT IN FAVOR OF THECITY OF PANAMA CITY, FLORIDA $435,000 per year ESTIMATED MARKET RENT FOR EASTERN SHIPBUILDING GROUP, INC.’S FEE SIMPLE OWNERSHIP OF THE LAND AND EXISTING IMPROVEMENTSPRIOR TO THE EASEMENT BEING IMPOSED: $403,000 per year TERMS OF MARKET/ECONOMIC RENT: Absolute Net Lease March 27, 2019 Date RANDALL C.

  • Zimmerman cc: Mark McQueen, City ManagerDarlene Hachmeister, City Clerk-Treasurer GRANT AWARD AGREEMENT(City of Panama City - Eastern Shipbuilding/Project #185) THIS GRANT AWARD AGREEMENT (this “Agreement”), made and entered into as of June , 2019 (the “Effective Date”), by and among TRIUMPH GULF COAST, INC., a Florida not-for-profit corporation (“Triumph”), the CITY OF PANAMA CITY, a Florida municipal corporation (the “City”), and EASTERN SHIPBUILDING GROUP, INC., a Florida corporation (“ESG”).

  • INDICATE WAIVE OR MAINTAIN, HOWEVER DO NOT SIGN THIS FORMATTACHMENT 2EASTERN SHIPBUILDING GROUP VISIT REQUEST FORM Form provided for informationcompleted forms will be submitted to eastern shipbuilding following contract award Subject: Instructions for visiting Eastern Shipbuilding Group Inc.

  • Purchaser’s obligation to close hereunder shall be conditioned upon Seller’s delivery to Purchaser, on or prior to the Closing Date, of Acceptable Tenant Estoppels from Tenants whose Fixed Rents comprise, in the aggregate, at least seventy (70%) of the Fixed Rents, including (x) RBS Holdings USA, Inc.

  • THE BUYER: By: Name: Title: THE SELLER CSTC: By: Name: Title: THE BUILDERS: HUDONG-ZHONGHUA SHIPBUILDING (GROUP) CO., LTD.


More Definitions of SHIPBUILDING GROUP

SHIPBUILDING GROUP has the meaning ascribed to that term in the Distribution Agreement. "STOCKHOLDERS' MEETINGS" has the meaning set forth in SECTION 6.8 hereof. "TAKEOVER STATUTE" means any "fair price," "moratorium," "control share acquisition" or other similar antitakeover statute or regulation enacted under state or federal laws in the United States or any foreign jurisdiction. "TENDER AND EXCHANGE MATERIALS" means any registration statement, private placement memorandum, offer to purchase and/or other documents or filings prepared by or on behalf of Tenneco or Acquiror (or their Affiliates or representatives), either separately or jointly, and (i) distributed to the record and/or beneficial holders of Tenneco consolidated Debt in connection with the Debt Realignment, and/or (ii) filed with the Commission or other Governmental Authority, or the NYSE or other stock exchange, relating to Debt Realignment. "TENNECO COMMON STOCK" means the Common Stock, par value $5.00 per share, of Tenneco. "TENNECO SEC DOCUMENTS" means all filings made by Tenneco or its subsidiaries with the SEC since January 1, 1995 through the Agreement Effective Date, including notes, schedules, amendments and exhibits thereto. "TENNECO STOCK" means the Tenneco Common Stock, the $7.40 Preferred Stock and the $4.50 Preferred Stock (but not the New Preferred Stock). "TENNECO STOCKHOLDERS' MEETING" has the meaning set forth in SECTION 6.8 hereof. "TRANSFER TAXES" has the meaning set forth in SECTION 10.1(C) hereof. "$" is a reference to United States dollars. All monetary amounts set forth in this Agreement are intended to be United States currency amounts. ARTICLE II THE MERGER 2.1
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SHIPBUILDING GROUP has the meaning ascribed to that term in the Distribution Agreement.
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Related to SHIPBUILDING GROUP

  • Shipbuilding Contract means the shipbuilding contract dated 30 March 2011 and made between the Builder and the Borrower for the construction by the Builder of the Ship and its purchase by the Borrower as supplemented and amended from time to time;

  • Vessel means the vessel/craft belonging to the Contractor for carrying out the work.

  • Ship means a vessel of any type whatsoever operating in the marine environment and includes hydrofoil boats, air-cushion vehicles, submersibles, floating craft and fixed or floating platforms.

  • Vessels shall have the meaning set forth in the recitals.

  • Environmental and Social Management Plan or “ESMP” means a site-specific environmental and social management plan to be prepared in accordance with the parameters laid down in the ESMF and acceptable to the Association, setting forth a set of mitigation, monitoring, and institutional measures to be taken during the implementation and operation of the Project activities to eliminate adverse environmental and social impacts, offset them, or reduce them to acceptable levels, and including the actions needed to implement these measures.

  • building society means a building society registered under the Building Societies Act (Cap. 489);

  • Buyer’s Group means the Buyer, any subsidiary of the Buyer, any holding company of the Buyer and any subsidiary of any holding company of the Buyer, from time to time.

  • LOCKHEED MARTIN Procurement Representative means a person authorized by LOCKHEED MARTIN's cognizant procurement organization to administer and/or execute this Contract.

  • Tank vessel means a ship that is constructed or adapted to carry, or that carries, oil in bulk as cargo or cargo residue, and that:

  • Charterer means a person, firm, corporation, association, partnership, or other legal entity who contracts for the transportation of passengers and baggage, or goods and/or property from a specified origin to a specified destination, for a particular itinerary, agreed upon in advance.

  • EPC means engineering, procurement and construction;

  • Relevant Ship means the Ships and any other vessel from time to time (whether before or after the date of this Agreement) owned, managed or crewed by, or chartered to, any Relevant Party;

  • Project Company means Company incorporated by the bidder as per Indian Laws in accordance with Clause no 3.5.

  • friendly society means corporation that is a friendly society within the meaning of section 16C of the Life Insurance Act 1995 of the Commonwealth.

  • Builder means the general contractor.