Effects of Termination or Expiry of this Agreement. (a) If the Manager terminates this Agreement, the Company shall have the option to require the Manager to continue to provide Administrative Management Services to the Company, for the fee described in Section 6.1, for up to a ninety (90) day period from the date that the Manager provides notice of termination of this Agreement.
Appears in 5 contracts
Samples: Administrative Services Agreement (OceanPal Inc.), Administrative Services Agreement (OceanPal Inc.), Administrative Services Agreement (OceanPal Inc.)
Effects of Termination or Expiry of this Agreement. (a) If the Manager terminates this AgreementAgreement pursuant to Section 10.4(a), the Company shall have the option to require the Manager to continue to provide Administrative Management Technical Services to the Company, for the fee described in Section 6.18.1, for up to a ninety (90) day an additional two-year period from the date that the Manager provides notice of termination of this Agreement.
Appears in 4 contracts
Samples: Management Agreement (Genco Shipping & Trading LTD), Form of Management Agreement (Baltic Trading LTD), Form of Management Agreement (Baltic Trading LTD)
Effects of Termination or Expiry of this Agreement. (a) If the Manager terminates this AgreementAgreement pursuant to Section 8.4(b) or 8.4(c), the Company shall have the option to require the Manager to continue to provide Administrative Management Services to the Company, for the fee described in Section 6.1, for up to a ninety (90) day period from the date that the Manager provides notice of termination of this Agreement.
Appears in 1 contract
Samples: Administrative Services Agreement (Diana Containerships Inc.)