On 25 November 2015, Michael replied with three observations: the defendant`s reply in support of the application for summary judgment [SR 59]; The respondent`s response to the plaintiff`s qualified consent or failure to accept the defendant`s “uncontested statement of facts” [SR 87]; and the respondent`s designation of “undisputed factual allegations” with which both parties agree [SR 98]. Subject to the provisions of this Section 5.9(b)(v), any non-voting joint entity owned by a document holder that is a qualified holder automatically becomes a (1) common entity (or such number) immediately upon its transfer by that qualified holder to a person who is not an affiliate (as that term is defined in the applicable qualified agreement) of that qualified holder. which has been adapted in accordance with Article 5.9 (b) (v) (E). Termination events shall be characterized for the purposes of interpreting this unqualified agreement in accordance with the definitions contained herein. Non-voting executive units will be issued by the Company from time to time in accordance with the terms of the applicable Qualified Agreement. New qualified contract vessels shall be operated in this manner for twenty (20) years from the date of acquisition […].