General Administration. 13.1 The Managers shall handle and settle all claims arising out of the Management Services hereunder and keep the Owners informed regarding any incident of which the Managers become aware which gives or may give rise to claims or disputes involving third parties.
Appears in 39 contracts
Samples: Ship Management Agreement (KNOT Offshore Partners LP), Management Agreement (Dynagas LNG Partners LP), Management Agreement (Hoegh LNG Partners LP)
General Administration. 13.1 The Managers shall handle and settle all claims arising out of the Management Services hereunder and keep the Owners informed regarding any incident of which the Managers become aware which gives or may give rise to claims or disputes involving third parties.; provided, that the settlement of any claims relating to general average or total constructive loss must be done at the direction of the Owners with the Owners’ involvement in such settlements..
Appears in 8 contracts
Samples: Management Agreement (Double Hull Tankers, Inc.), Management Agreement (Double Hull Tankers, Inc.), Management Agreement (Double Hull Tankers, Inc.)
General Administration. 13.1 13.1. The Managers shall handle and settle all claims arising out of the Management Services hereunder and keep the Owners informed regarding any incident of which the Managers become aware which gives or may give rise to claims or disputes involving third parties.
Appears in 3 contracts
Samples: Part Ii, Castor Maritime Inc., Castor Maritime Inc.
General Administration. 13.1 19.1. The Managers shall handle and settle all claims arising out of the Management Services hereunder and keep the Owners informed regarding any incident of which the Managers become aware which gives or may give rise to claims or disputes involving third parties.
Appears in 2 contracts
Samples: Management Agreement (Teekay Shipping Corp), Euroseas Ltd.
General Administration. 13.1 The Managers shall handle and settle with Owners’ prior approval, all claims arising out of the Management Services hereunder and keep the Owners informed regarding any incident of which the Managers become aware which gives or may give rise to claims or disputes involving third parties.
Appears in 2 contracts
Samples: Omega Navigation Enterprises, Inc., Omega Navigation Enterprises, Inc.
General Administration. 13.1 The Managers shall handle and settle all claims arising out of the Management Services hereunder and keep the Owners informed regarding any incident of which the Managers become aware which gives or may give rise to claims or disputes involving third parties; provided, that the settlement of any claims relating to general average or total constructive loss must be done at the direction of the Owners with the Owners’ involvement in such settlements.
Appears in 1 contract
Samples: DHT Maritime, Inc.
General Administration. 13.1 A. The Managers shall handle and settle all claims arising out of the Management Services hereunder and keep the Owners informed regarding any incident of which the Managers become aware which gives or may give rise to claims or disputes involving third partiesdisputes.
Appears in 1 contract
