Common use of Budgets and Management of Funds Clause in Contracts

Budgets and Management of Funds. 9.1 The Managers shall present to the Owners annually a budget for the following twelve months in such form as the Owners require. The budget for the first year hereof is set out in Annex “C” hereto. Subsequent annual budgets shall be prepared by the Managers and submitted to the Owners not less than three months before the anniversary date of the commencement of this Agreement (see Clause 2 and Box 4).

Appears in 7 contracts

Samples: Management Agreement (Dorian LPG Ltd.), Management Agreement (Dorian LPG Ltd.), Supplemental Agreement (Dorian LPG Ltd.)

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Budgets and Management of Funds. 9.1 The Managers shall present to the Owners annually a budget for the following twelve months in such form as the Owners require. The budget for the first year hereof is set out in Annex “C” hereto. Subsequent annual budgets shall be prepared by the Managers and submitted to the Owners by 15 November each year not less than three months before the anniversary date of the commencement of this Agreement (see Clause 2 and Box 4).

Appears in 6 contracts

Samples: Ship Management Agreement (KNOT Offshore Partners LP), Ship Management Agreement (KNOT Offshore Partners LP), Ship Management Agreement (KNOT Offshore Partners LP)

Budgets and Management of Funds. 9.1 The Managers shall present to the Owners annually a budget for the following twelve months monthscalendar year in such form as the Owners require. The budget for the first year hereof is set out in Annex “C” hereto. Subsequent annual budgets shall be prepared by the Managers and submitted to the Owners not less than three months before commencement of the budget yearthe anniversary date of the commencement of this Agreement (see Clause 2 and Box 4).

Appears in 4 contracts

Samples: Management Agreement (Hoegh LNG Partners LP), Management Agreement (Hoegh LNG Partners LP), Management Agreement (Hoegh LNG Partners LP)

Budgets and Management of Funds. 9.1 The Managers shall present to the Owners annually a budget for the following twelve months in such form as the Owners require. The budget for the first year hereof is set out in Annex "C" hereto. Subsequent annual budgets shall be prepared by the Managers and submitted to the Owners not less than three months before the anniversary date of the commencement of this Agreement (see Clause 2 and Box 4).the

Appears in 3 contracts

Samples: Management Agreement (FreeSeas Inc.), Management Agreement (FreeSeas Inc.), Management Agreement (FreeSeas Inc.)

Budgets and Management of Funds. 9.1 The On or before November 30 of each calendar year Tthe Managers shall present to the Owners annually a budget (see Annex "C") for the following twelve months monthsnext calendar year in such form as the Owners reasonably require. The budget for the first year hereof is set out in Annex "C" hereto. Subsequent annual budgets shall be prepared by the Managers and submitted to the Owners not less than three months before the anniversary date of the commencement of this Agreement (see Clause 2 and Box 4).

Appears in 3 contracts

Samples: DryShips Inc., DryShips Inc., DryShips Inc.

Budgets and Management of Funds. 9.1 The Managers shall present to the Owners annually a budget for the following twelve months in such form as the Owners require. The budget for the first year hereof is set out in Annex “C” hereto. Subsequent annual budgets shall be prepared by the Managers and submitted to the Owners not less than three months one month before the anniversary date of the commencement of this Agreement (see Clause 2 and Box 4).

Appears in 2 contracts

Samples: Management Agreement (Scorpio Tankers Inc.), Scorpio Tankers Inc.

Budgets and Management of Funds. 9.1 The Managers shall present to the Owners annually a budget for the following twelve months calendar year in such form as the Owners require. The budget for the first year hereof is set out in Annex “C” hereto. Subsequent annual budgets shall be prepared by the Managers and submitted to the Owners not less than three one months before the 31st December of the running year anniversary date of the commencement of this Agreement (see Clause 2 and Box 4).

Appears in 2 contracts

Samples: Shareholders Agreement (Exmar Energy Partners LP), Shareholders Agreement (Exmar Energy Partners LP)

Budgets and Management of Funds. 9.1 The Managers shall present to the Owners annually a budget for the following twelve months in such form as the Owners require. The budget for the first year hereof is set out in Annex “C” hereto. Subsequent annual budgets shall be prepared by the Managers and submitted to the Owners not less than three months before the anniversary date of the commencement of this the Agreement (see Clause 2 and Box 4). Managers will be preparing budgets in connection with, inter alia, the provision of the Management Services which the Managers will be submitting for as the Owners reasonably require.

Appears in 2 contracts

Samples: Management Agreement (Dynagas LNG Partners LP), Management Agreement (Dynagas LNG Partners LP)

Budgets and Management of Funds. 9.1 The Managers shall present to the Owners annually a budget for the following twelve months in such form as the Owners require. The budget for the first year hereof is set out in Annex “C” hereto. Subsequent annual budgets shall be prepared by the Managers and submitted to the Owners not less than three months before the anniversary date of the commencement of this Agreement (see Clause 2 and Box 4).

Appears in 2 contracts

Samples: Agreement, Agreement (Cavan Maritime LTD)

Budgets and Management of Funds. 9.1 The Managers shall present to the Owners annually a budget for the following twelve months in such form as the Owners require. require The budget for the first year hereof is set out in Annex “C” hereto. Subsequent annual budgets shall be prepared by the Managers and submitted to the Owners not less than three months before the anniversary date of the commencement of this Agreement (see Clause 2 and Box 4).

Appears in 2 contracts

Samples: Management Agreement, Management Agreement (Gener8 Maritime, Inc.)

Budgets and Management of Funds. 9.1 9.1. The Managers shall present to the Owners annually a budget for the following twelve months in such form as the Owners require. The budget for the first year hereof is set out in Annex "C" hereto. Subsequent annual budgets shall be prepared by the Managers and submitted to the Owners BY not less than three months before THE FINANCIAL YEAR END the anniversary date of the commencement of this Agreement (see Clause 2 and Box 4).

Appears in 2 contracts

Samples: Castor Maritime Inc., Castor Maritime Inc.

Budgets and Management of Funds. 9.1 The Managers shall present to the Owners annually a budget for the following twelve months in such form as the Owners require. The budget for the first year hereof is set out in Annex “C” hereto. Subsequent annual budgets shall be prepared by the Managers and submitted to the Owners not less than three months before the anniversary date of the commencement of this Agreement (see Clause 2 and Box 4). Managers will be preparing budgets in connection with, inter alia, the provision of the Management Services which the Managers will be submitting for as the Owners reasonably require.

Appears in 2 contracts

Samples: Management Agreement (Dynagas LNG Partners LP), Management Agreement (Dynagas LNG Partners LP)

Budgets and Management of Funds. 9.1 The Managers shall present to the Owners annually a budget for the following twelve months in such form as the Owners require. The budget for the first year hereof is set out in Annex "C" hereto. Subsequent annual budgets shall be prepared by the Managers and submitted to the Owners not less than three months before the anniversary date of the commencement of this Agreement (see Clause 2 and Box 4).

Appears in 1 contract

Samples: Golden Energy Marine Corp.

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Budgets and Management of Funds. 9.1 The Managers shall present to the Owners annually a budget for the following twelve months in such form as the Owners require. The budget for the first year hereof is set out in Annex “C” hereto. Subsequent annual budgets shall be prepared by the Managers and submitted to the Owners not less than that three months one month before the anniversary date of the commencement of this Agreement (see Clause 2 and Box 4).

Appears in 1 contract

Samples: Scorpio Tankers Inc.

Budgets and Management of Funds. 9.1 The Managers shall present to the Owners annually a budget for the following twelve months in such form as the Owners require. The budget for the first year hereof is set out in Annex “C” hereto. Subsequent annual budgets shall be prepared by the Managers and submitted to the Owners not less than three two months before the anniversary date of the commencement of this Agreement (see Clause 2 and Box 4).

Appears in 1 contract

Samples: Management Agreement (Oceanfreight Inc.)

Budgets and Management of Funds. 9.1 The Managers shall present to the Owners annually a budget for the following twelve months in such form as agreed between the Owners requireand the Managers. The budget for the first year hereof is set out in Annex “C” hereto. Subsequent annual budgets shall be prepared by the Managers and submitted to the Owners not less than three months before the anniversary date of the commencement of this Agreement (see Clause 2 and Box 4).

Appears in 1 contract

Samples: DHT Maritime, Inc.

Budgets and Management of Funds. 9.1 The Managers shall present to the Owners annually a budget for the following twelve months in such form as the Owners require. The budget for the first year hereof is set out in Annex "C" hereto. Subsequent annual budgets shall be prepared by the Managers and submitted to the Owners not less than three months before the anniversary date of the commencement of this Agreement (see Clause 2 and Box 4)4)Managers will be preparing budgets in connection with, inter alia, the provision of the Management Services which the Managers will be submitting for as the Owners reasonably require.

Appears in 1 contract

Samples: Management Agreement (Dynagas LNG Partners LP)

Budgets and Management of Funds. 9.1 The Managers shall present to the Owners annually a budget for the following twelve months in such form as the Owners require. The budget for the first year hereof is set out in Annex "C" hereto. Subsequent annual budgets shall be prepared by the Managers and submitted to the Owners not less than three months before the anniversary date of the commencement of this Agreement (see Clause 2 and Box 4)4).Managers will be preparing budgets in connection with, inter alia, the provision of the Management Services which the Managers will be submitting for as the Owners reasonably require.

Appears in 1 contract

Samples: Management Agreement (Dynagas LNG Partners LP)

Budgets and Management of Funds. 9.1 The Managers shall present to the Owners annually a budget for the following twelve months in such form as the Owners require. The budget for the first year hereof is set out in Annex “C” hereto. Subsequent annual budgets shall be prepared by the Managers and submitted to the Owners not less than three months before the anniversary date of the commencement of this Agreement (see Clause 2 ? and Box 4).

Appears in 1 contract

Samples: Management Agreement Rider Clauses (Ship Finance International LTD)

Budgets and Management of Funds. 9.1 The Managers shall present to the Owners annually a budget for the following twelve months in such form as the Owners requirecalendar year . The budget for the first year hereof is set out in Annex “C” hereto. Subsequent annual budgets shall be prepared by the Managers and submitted to the Owners not less than three months one month before the anniversary date 31st December of the commencement of this Agreement running year (see Clause 2 and Box 4).

Appears in 1 contract

Samples: Shareholders Agreement (Exmar Energy Partners LP)

Budgets and Management of Funds. 9.1 9.1. The Managers shall present to the Owners annually a budget for the following twelve months in such form as the Owners require. The budget for the first year hereof is set out in Annex "C" hereto. Subsequent annual budgets shall be prepared by the Managers and submitted to the Owners not less than three months before the anniversary date of the commencement of this Agreement (see Clause 2 and Box 4).

Appears in 1 contract

Samples: Part Ii

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