Common use of Operation of the Vessels Clause in Contracts

Operation of the Vessels. (a) The Borrowers shall procure that the Vessels are managed by the Technical Manager pursuant to a Technical Management Agreement and shall not, without the prior written consent of the Agent (which shall not be unreasonably withheld), change or allow the change of the technical management of the Vessels.

Appears in 3 contracts

Samples: Term Loan Facilities Agreement (DHT Holdings, Inc.), Agreement (DHT Holdings, Inc.), Agreement (DHT Holdings, Inc.)

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Operation of the Vessels. (a) The Borrowers shall procure that the Vessels are managed by the Technical Manager pursuant to a Technical Management Agreement and shall not, without the prior written consent of the Agent Lender (which shall not be unreasonably withheld), change or allow the change of the technical management of the Vessels.

Appears in 1 contract

Samples: Loan Facility Agreement (DHT Holdings, Inc.)

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