Ship Management Clause Samples
Ship Management. Cause all Vessels owned by the Restricted Parties to be managed by Holdings or any Subsidiary or Affiliate of Holdings or any third party manager reasonably acceptable to the Administrative Agent, in each case, who is a Section 2 Citizen.
Ship Management for any reason whatsoever, a Ship ceases to be managed by the Manager on terms in all respects approved by the Agent (such approval not to be unreasonably withheld); or
Ship Management. Cause all Vessels owned by the Restricted Parties to be managed by Holdings or any Subsidiary or Affiliate of Holdings, V Ships UK Limited or any other Acceptable Third Party Technical Manager.
Ship Management. Cause all Vessels owned by the Restricted Parties to be managed by HoldingsSubsidiary HoldCo or any Subsidiary or Affiliate of HoldingsSubsidiary HoldCo (other than the Administrative Borrower), V Ships UK Limited or any other Acceptable Third Party Technical Manager.
Section 5.20 Section 5.20