Company’s Default. The Commercial Manager shall be entitled to terminate its appointment under this Agreement with immediate effect by notice in writing if any monies payable by the Company under this Agreement shall not have been received by the Commercial Manager within ten (10) running days of receipt by the Company of the Manager’s written request.
Appears in 3 contracts
Sources: Commercial Management Agreement (Seanergy Maritime Holdings Corp.), Commercial Management Agreement (United Maritime Corp), Commercial Management Agreement (United Maritime Corp)
Company’s Default. The Commercial Manager shall be entitled to terminate its appointment under this Agreement with immediate effect by notice in writing if any monies payable by the Company under this Agreement shall not have been received by the Commercial Manager within ten (10) running days of receipt by the Company of the Commercial Manager’s written request.
Appears in 2 contracts
Sources: Commercial Management Agreement (Seanergy Maritime Holdings Corp.), Commercial Management Agreement (United Maritime Corp)
Company’s Default. The Commercial Manager shall be entitled to terminate its appointment under this Agreement with immediate effect by notice in writing if any monies payable by the Company under this Agreement shall not have been received by the Commercial Manager within ten (10) running days of receipt by the Company of the Manager’s 's written request.
Appears in 1 contract
Sources: Commercial Management Agreement (Seanergy Maritime Holdings Corp.)