Common use of Pre-delivery Services Clause in Contracts

Pre-delivery Services. For any New Build, the Manager will oversee and supervise, in all material respects, or procure a third party to oversee and supervise, the design and construction of such New Build prior to its delivery and liaise, or procure a third party to liaise, with the shipbuilder, classifications societies, suppliers and other service providers to ensure that the New Build is being constructed in accordance with the relevant shipbuilding contract and classification society requirements (the “Pre-delivery Services”). For the avoidance of doubt, none of the Administrative Services Fee, Management Services Fees, the commissions set forth in Sections 8.1(c) or 8.1(d) or the Technical Services Fees are inclusive of compensation or fees for the provision of Pre-delivery Services by the Manager or any third party procured by the Manager. Compensation, fees and other amounts payable with respect to the provision of Pre-delivery Services by the Manager or any third party shall be separately negotiated and agreed between the Company and the Manager and any third party procured to provide such services, as applicable.