Bareboat Charter definition
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.
Bareboat Charter means the contract for the lease or sub-lease of a ship, hereinafter referred to as charter, for a stipulated period of time, by virtue of which the charterer shall acquire full control and complete possession of the ship, including the right to appoint her master and crew for the duration of the charter but excluding the right to sell or mortgage the ship;
Bareboat Charter. , in relation to a ship, means the hiring of a ship for a stipulated period on terms which give the charterer possession and control of the ship, including the right to appoint the master and crew and “bareboat charterer” shall be construed accordingly;
Examples of Bareboat Charter in a sentence
The Contractor shall amend and re-submit the proposed Reinstatement Plan to the Authority's Authorised Representative for its reconsideration in accordance with Paragraph 7.3 of this Schedule 10 (Bareboat Charter Agreement).
More Definitions of Bareboat Charter
Bareboat Charter means the contract for the lease or sub lease of a vessel for a stipulated period of time by virtue of which the charterer acquires full control and complete possession of the vessel, including the right to appoint the master and crew for the duration of the charter, but excluding the right to sell or mortgage the vessel; ‘foreign vessel’ means a vessel that is owned by a person who:
Bareboat Charter means the use of a Southsea Ventures Ltd vessel, as described on the front of this Agreement, for leisure use only. Any use of the Vessel for commercial gain is unacceptable.
Bareboat Charter means the bareboat charter contract between an Owner and the Bareboat Charterer relating to a Vessel, in form and substance reasonably satisfactory to the Agent.
Bareboat Charter means, in relation to each Ship, the bareboat charter made or to be made between the relevant Borrower and the Bareboat Charterer in respect of such Ship;
Bareboat Charter means the bareboat charterparty between the Collateral Rig Operator and the Collateral Rig Owner entered into from time to time, which shall provide that the rights of the Collateral Rig Operator in and to the Collateral Rig and the other Collateral shall be subordinated to the Lien of the Collateral Agent for the benefit of the Secured Creditors.
Bareboat Charter means any Bareboat Charter to which the Pledgor, as owner of the Collateral Rig, is a party.
Bareboat Charter means a bareboat charter dated 25 March 2009 entered into between Arrendadora as lessee and the Bareboat Charterer in respect of the Ship;