Vessel C definition

Vessel C means the 157,000 dwt suezmax tanker “Xxxxxx Xxxxxxx” built in 2013 and registered in the name of the Vessel C Owner in the Maltese ship registry.

Vessel C means the m/v Navios Primavera, an ultra handymax bulk carrier of about 53,464 dwt, built 2007, presently registered under Panamanian flag in the ownership of the relevant Seller and chartered by the Head Owner to Navios Handybulk pursuant to the Vessel C Charter-in, which may be acquired by the Borrower C following the exercise by Navios Handybulk of the Vessel C Purchase Option and nomination of the Borrower C as buyer of the Vessel C under relevant MOA and (following such acquisition) registered in the ownership of the Borrower C under the same name and under the laws and flag of the relevant Flag State;

Vessel C means a newbuilding handysize dry bulk carrier of approximately 32,000 dwt to be constructed and equipped by the Newbuilding Sellers and is expected to be delivered in September 2008. It is currently expected that Vessel C will be registered upon its delivery under the laws and flag of Hong Kong; and

Examples of Vessel C in a sentence

• Borrower shall have paid (A) a commitment fee of one percent (1%) of the Advance (the “Commitment Fee”), (B) Lender’s reasonable expenses incurred for inspecting and appraising the Vessel, (C) all filing and recording fees, and all stamp and other taxes payable with respect to the consummation of the transactions as contemplated in this Agreement, and (D) Lenders’ reasonable attorneys’ fees and other expenses incurred as of Closing in connection with the transactions contemplated in this Agreement.

• The Borrower agrees to repay the Vessel A Tranche to the Agent for the account of the Lenders by six (6) consecutive quarterly instalments and to repay each of the Vessel B Tranche, the Vessel C Tranche and the Vessel D Tranche to the Agent for the account of the Lenders by ten (10) consecutive quarterly instalments each in the sum indicated opposite the relevant instalment number in Schedule 6.

• Pay to the Builder all amounts payable on delivery of the Vessel B, Vessel C and Vessel D in accordance with the relevant Shipbuilding Contract and take, or as the case may be, ensure that the relevant Borrower, takes delivery of the relevant Vessel.

• Vessel C: “Ob River”, a 2007-built, 149,700 cbm LNG Carrier, built at Huyndai Heavy Industries Co. Ltd.

• The Lenders, relying upon each of the representations and warranties in Clause 4 and subject to Clause 3, agree to make Advance E available to the Borrower upon and subject to the terms of this Agreement and the Facility Agreement to enable the Borrower to on-lend the same to Sagittarius, Palermo and Hyperion to refinance in part the purchase of Vessel A, Vessel B and Vessel C.

More Definitions of Vessel C

Vessel C means a 8,530 teu container ship of approximately 101,000 dwt to be built by the Shipbuilder pursuant to the Shipbuilding Contract for Vessel C, which is to be identified during construction as Hull No. Z00004 and which is to be registered in the name of Borrower C through the Registry upon its Delivery Date.

Vessel C means the 2004-built bulk carrier of about 75,707 dwt owned by Hyperion and registered in its ownership on the Panamanian flag with the name “NAVIOS HYPERION”;

Vessel C or “Willow Point” means a 2001 built handysize dry bulk carrier of 28,492dwt named

Vessel C or “Hawk Inlet” means a handysize dry bulk carrier of 27,802dwt built in 1997 named “Hawk Inlet”. The present flag of the vessel is Hong Kong and the place of registration is Hong Kong. The Classification Society of the vessel is Lloyd’s Register of Shipping; and

Vessel C means a 1995 built handysize dry bulk carrier of 28,760dwt, named “Oak Harbour”. The present flag of the vessel is Hong Kong and its place of registration is Hong Kong. The Classification Society of the vessel is Nippon Kaiji Kyokai.

Vessel C or “Hawk Inlet” means a handysize dry bulk carrier of 27,802dwt built

Vessel C means the Product/Chemical Tanker of approximately 37,000 dwt currently designated as Hull No. 2191 to be constructed by the Builder and purchased by SUNRAY pursuant to the Vessel C Contract;