Managers’ Right to Sub Sample Clauses

Managers’ Right to Sub. Contract The Managers shall have the right to sub-contract any of their obligations hereunder, including those mentioned in sub-clause 3.1 and 4.2. In the event of such a sub-contract the Managers shall remain fully liable for the due performance of their obligations under this Agreement.
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Managers’ Right to Sub. Contract 301 The Managers shall not subcontract any of their obligations hereunder without the prior written consent of 302 the Owners which shall not be unreasonably withheld. In the event of such a sub-contract the Managers 303 shall remain fully liable for the due performance of their obligations under this Agreement. 304
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Managers’ Right to Sub. Contract 318
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Managers’ Right to Sub. Contract 301 The Managers shall not subcontract any of their obligations hereunder without the prior written consent of 302 the Owners which shall not be unreasonably withheld. In the event of such a sub-contract the Managers 303 shall remain fully liable for the due performance of their obligations under this Agreement. It is understood by and 304 between the Parties, and Owners hereby expressly consent to it, that the Managers may subcontract certain of the services listed in clause 5 to its affiliates Scorpio Crewing Services Pte (“SCS”), Scorpio Marine Management (India) Pvt Ltd (“SMM”) and Zenith Gemi Isletmeciligi Anonim Sirketi (“Zenith”). The Owner hereby expressly authorizes SCS, SMM and Zenith to execute, as agents only for and on behalf of Owners, the employment agreement with each and every seafarer to be embarked on board the Vessel. 17. Responsibilities 305 (a)Force Majeure—Neither party shall be liable for any loss, damage or delay due to any of the following 306 force majeure events and/or conditions to the extent that the party invoking force majeure is prevented or 307 hindered from performing any or all of their obligations under this Agreement, provided they have made all 308 reasonable efforts to avoid, minimize or prevent the effect of such events and/or conditions: 309 (i)acts of God; 000 (xx)xxx Government requisition, control, intervention, requirement or interference; 311 (iii)any circumstances arising out of war, threatened act of war or warlike operations, acts of terrorism, 312 sabotage or piracy, or the consequences thereof; 313 (iv) riots, civil commotion, blockades or embargoes; 314 (v)epidemics; 315 (vi)earthquakes, landslides, floods or other extraordinary weather conditions; 316 (vii)strikes, lockouts or other industrial action, unless limited to the employees (which shall not include the 317 Crew) of the party seeking to invoke force majeure; 318 (viii) fire, accident, explosion except where caused by negligence of the party seeking to invoke force majeure; 319 and 320 (ix)any other similar cause beyond the reasonable control of either party. 321 (b)Liability to Owners 322 (i)Without prejudice to Sub-clause 17(a), the Managers shall be under no liability whatsoever to the Owners 323 for any loss, damage, delay or expense of whatsoever nature, whether direct or indirect, (including but 324 not limited to loss of profit arising out of or in connection with detention of or delay to the Vessel) and 325 howsoever arising in t...
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Managers’ Right to Sub. Contract) This clause reflects the position in XXXXXXX that the owners have an expectation that the services they have paid for will be undertaken by the managers, and that any sub-contracting by the managers is subject to the owners’ consent. Considering the wide variety of services that the layup managers may be asked to perform under the contract, it seems likely that some of these services will be outside their skill set. Therefore, the consent of the owners to sub-contracting certain tasks should not be unreasonably withheld. Clause 13 (Responsibilities) This clause is central to the successful operation of LAYUPMAN and great efforts have been made to provide equitable solutions which strike a fair balance between the owners and the managers. The clause is similar to the Responsibilities Clause of XXXXXXX, which is widely accepted in the industry. Consideration was given to a knock for knock approach, but it was felt that such a regime might not be acceptable in a layup scenario. If a knock for knock regime were to be used, the owners would still have to bear the costs of insuring against the negligence of the layup managers leading to damage to or loss of the vessel.
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Managers’ Right to Sub. Contract 301 Save as provided herein, Tthe Managers shall not subcontract any of their obligations hereunder without the prior 302 written consent of the Owners which shall not be unreasonably withheld. The Owners consent to the subcontract of (a) the chartering 303 ;
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Managers’ Right to Sub. Contract 301 The Managers shall not subcontract any of their obligations hereunder without the prior written consent of 302 the Owners which shall not be unreasonably withheld. In the event of such a sub-contract the Managers 303 shall remain fully liable for the due performance of their obligations under this Agreement. It is understood by and between the Parties, and Owners hereby expressly consent to it, that the Managers may subcontract certain of the services listed in clause 5 to its affiliates Scorpio Crewing Services Pte ("SCS"), Scorpio Marine Management (India) Pvt Ltd (“SMM”), Optimum Ship Services Ltd. (“Optimum”) and Zenith Gemi Isletmeciligi Anonim Sirketi (“Zenith”). The Owner hereby expressly authorizes SCS, SMM, Optimum and Zenith to execute, as agents only for and on behalf of Owners, the employment agreement with each and every seafarer to be embarked on board the Vessel.
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Managers’ Right to Sub. Contract 360 The Managers shall not have the right to sub-contract any of 361 their obligations hereunder without the prior written consent of 362 the Owners which shall not be unreasonably withheld. In the 363 event of such a sub-contract the Managers shall remain fully 364 liable for the due performance of their obligations under this 365 Agreement. 366 11. Responsibilities 367 11.1 Force Majeure - Neither party shall be liable for any loss, 368 damage or delay due to any of the following force majeure 369 events and/or conditions to the extent the party invoking force 370 majeure is prevented or hindered from performing any or all 371 of their obligations under this Agreement, provided they have 372 made all reasonable efforts to avoid, minimize or prevent the 373 effect of such events and/or conditions: 374 (i) acts of God; 375 (ii) any Government requisition, control, intervention, 376 requirement or interference; 377 (iii) any circumstances arising out of war, threatened act of 378 war or warlike operations, acts of terrorism, sabotage or 379 piracy, or the consequences thereof; 380 (iv) riots, civil commotion, blockades or embargoes; 381 (v) epidemics; 382 (vi) earthquakes, landslides, floods or other extraordinary 383 weather conditions; 384 (vii) strikes, lockouts or other industrial action, unless limited 385 to the employees (which shall not include the Crew) of 386 the party seeking to invoke force majeure; 387 (viii) fire, accident, explosion except where caused by 388 negligence of the party seeking to invoke force majeure; 389 (ix) any other similar cause beyond the reasonable control 390 of either party.
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Related to Managers’ Right to Sub

  • Right to Seek Assurances The Transfer Agent reserves the right to refuse to transfer or redeem Shares until it is satisfied that the requested transfer or redemption is legally authorized, and it shall incur no liability for the refusal, in good faith, to make transfers or redemptions that the Transfer Agent, in its judgment, deems improper or unauthorized, or until it is satisfied that there is no basis for any claims adverse to such transfer or redemption. The Transfer Agent may, in effecting transfers, rely upon the provisions of the Uniform Act for the Simplification of Fiduciary Security Transfers or the Uniform Commercial Code, as the same may be amended from time to time, which in the opinion of legal counsel for the Company or of the Transfer Agent's own legal counsel protect the Transfer Agent in not requiring certain documents in connection with the transfer or redemption of Shares of the Fund, and the Fund shall indemnify the Transfer Agent for any acts done or omitted by it in reliance upon such laws or opinions of counsel to the Fund or of its own counsel.

  • Right to Set-Off If your Account balance becomes and remains negative, we can use the funds in any of your accounts with us to repay the negative balance in your Account without any further notice to or demand on you. Moreover, we have the right to set-off any liability, direct or contingent, past, present or future that you owe against any account you have with us. Further, you grant us a lien on and security interest in the funds on deposit in each of your account(s) as security for all of your liabilities and obligations to us, now or in the future.

  • No Right to Set-Off The Company shall not be entitled to set off against amounts payable to the Executive hereunder any amounts earned by the Executive in other employment, or otherwise, after termination of his employment with the Company, or any amounts which might have been earned by the Executive in other employment had he sought such other employment.

  • Holder’s Right to Receive Notice Nothing herein shall be construed as conferring upon the Holders the right to vote or consent or to receive notice as a shareholder for the election of directors or any other matter, or as having any rights whatsoever as a shareholder of the Company. If, however, at any time prior to the expiration of the Purchase Warrants and their exercise, any of the events described in Section 8.2 shall occur, then, in one or more of said events, the Company shall give written notice of such event at least fifteen days prior to the date fixed as a record date or the date of closing the transfer books for the determination of the shareholders entitled to such dividend, distribution, conversion or exchange of securities or subscription rights, or entitled to vote on such proposed dissolution, liquidation, winding up or sale. Such notice shall specify such record date or the date of the closing of the transfer books, as the case may be. Notwithstanding the foregoing, the Company shall deliver to each Holder a copy of each notice given to the other shareholders of the Company at the same time and in the same manner that such notice is given to the shareholders.

  • Holder’s Right to Transfer If all of the Shares proposed in the Notice to be transferred to a given Proposed Transferee are not purchased by the Company and/or its assignee(s) as provided in this Section, then the Holder may sell or otherwise transfer such Shares to that Proposed Transferee at the Offered Price or at a higher price, provided that such sale or other transfer is consummated within 120 days after the date of the Notice, that any such sale or other transfer is effected in accordance with any applicable securities laws and that the Proposed Transferee agrees in writing that the provisions of this Section shall continue to apply to the Shares in the hands of such Proposed Transferee. If the Shares described in the Notice are not transferred to the Proposed Transferee within such period, a new Notice shall be given to the Company, and the Company and/or its assignees shall again be offered the Right of First Refusal before any Shares held by the Holder may be sold or otherwise transferred.

  • Right to Sublicense So long as COMPANY remains the exclusive licensee of the PATENT RIGHTS in the FIELD in the TERRITORY, COMPANY shall have the sole right to sublicense any alleged infringer in the FIELD in the TERRITORY for future use of the PATENT RIGHTS in accordance with the terms and conditions of this Agreement relating to sublicenses. Any upfront fees as part of such sublicense shall be shared equally between COMPANY and M.I.T.; other revenues to COMPANY pursuant to such sublicense shall be treated as set forth in Article 4.

  • Members Right to Act For matters that require the approval of the Members, the Members shall act through meetings and written consents as described in paragraphs (a) and (b) below:

  • GRANTOR'S RIGHT TO POSSESSION Until default, Grantor may have possession of the tangible personal property and beneficial use of all the Collateral and may use it in any lawful manner not inconsistent with this Agreement or the Related Documents, provided that Grantor's right to possession and beneficial use shall not apply to any Collateral where possession of the Collateral by Lender is required by law to perfect Lender's security interest in such Collateral. If Lender at any time has possession of any Collateral, whether before or after an Event of Default, Lender shall be deemed to have exercised reasonable care in the custody and preservation of the Collateral if Lender takes such action for that purpose as Grantor shall request or as Lender, in Lender's sole discretion, shall deem appropriate under the circumstances, but failure to honor any request by Grantor shall not of itself be deemed to be a failure to exercise reasonable care. Lender shall not be required to take any steps necessary to preserve any rights in the Collateral against prior parties, nor to protect, preserve or maintain any security interest given to secure the Indebtedness.

  • Seller’s Rights The Seller shall have the right to require the return of any Warranted Part, or any part removed therefrom, which is claimed to be defective if, in the judgment of the Seller, the nature of the claimed defect requires technical investigation. Such return shall be subject to the provisions of Clause 12.1.6.2. Furthermore, the Seller shall have the right to have a Seller Representative present during the disassembly, inspection and testing of any Warranted Part claimed to be defective, subject to such presence being practical and not unduly delaying the repair.

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