1.1 In this Agreement, unless the contrary intention appears, the following definitions apply:
“Board” means the board of directors of the Company.
“Business Day” means all weekdays except Saturday, Sunday and the public holidays which are bank holidays in Thailand.
“Company” means a joint venture company to be incorporated in Thailand pursuant to this Agreement and to be named “Bangkok Barge Terminal” or such other name as may be approved by the authority in Thailand and mutually agreed by the Parties.
“Directors” mean the directors of the Company.
“Financial Agreements” means financial agreements entered into by and between the Company and financial institutions for the purpose of and in relation to business operations of the Company under this Agreement.
“Party” or “Parties” means STT or MOL or both, as the case may be.
“Shares” means ordinary shares in the Company.
“Shareholder” means a person or an entity registered as the holder of the shares in the capital of the Company.
“Terminal” means the terminal and supporting facilities, including distribution centers, located at berth……, Samutprakarn Province.
“Terminal Operation Business” means the business of loading and unloading of containers, container storage and management