Budgets and Management of Funds. (a) The Managers’ initial budget is set out in Annex “C” hereto. Subsequent budgets shall be for twelve month periods and shall be prepared by the Managers and presented to the Owners not less than three months before the end of the budget year.
Appears in 8 contracts
Samples: Master Agreement, Maintenance Agreement, Okeanis Eco Tankers Corp.
Budgets and Management of Funds. (a) The Managers’ ' initial budget is set out in Annex “"C” " hereto. Subsequent budgets shall be for twelve month periods and shall be prepared by the Managers and presented to the Owners not less than three months before the end of the budget year, on or before November 30 of each calendar year.
Appears in 6 contracts
Samples: DryShips Inc., DryShips Inc., DryShips Inc.
Budgets and Management of Funds. (a) The Managers’ initial budget is set out in Annex “C” hereto. Subsequent budgets shall be for twelve month periods and shall be prepared by the Managers and presented to the Owners not less than three two months before the end of the budget year.
Appears in 3 contracts
Samples: Management Agreement, Management Agreement (Diamond S Shipping Inc.), Technical Management Agreement (Athena Spinco Inc.)
Budgets and Management of Funds. (a) The Managers’ initial Initial budget is set out in Annex “C” hereto. Subsequent budgets shall be for twelve month periods and shall be prepared by the Managers and presented to the Owners not less than one three months before the end of the budget year.
Appears in 2 contracts
Samples: Master Agreement, Master Agreement (Scorpio Tankers Inc.)
Budgets and Management of Funds. (a) The Managers’ initial budget is set out in Annex “C” hereto. Subsequent budgets shall be for twelve month periods and shall be prepared by the Managers and presented to the Owners not less than three two months before the end of the budget calendar year.
Appears in 1 contract
Samples: Exmar Energy Partners LP
Budgets and Management of Funds. 266 (a) The Managers’ initial budget is set out in Annex “C” hereto. Subsequent budgets shall be for twelve 267 month periods and shall be prepared by the Managers and presented to the Owners not less than three 268 months before the end of the budget year.. 269
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