Commercial Management Agreement definition

Commercial Management Agreement means the agreement entered into between a Borrower and the Approved Commercial Manager regarding the commercial management of a Ship.
Commercial Management Agreement means any agreement made or to be made between a Borrower and the Commercial Manager for the commercial management of a Vessel.
Commercial Management Agreement means the agreement entered into between the Borrower and the Approved Commercial Manager regarding the commercial management of the Ship.

Examples of Commercial Management Agreement in a sentence

The Company shall pay a management fee to the Manager (“the Management Fee”) in consideration of the services rendered by the Manager under the Commercial Management Agreement and an administration fee to the Manager (“the Administration Fee”).

The Commercial Management Agreement is annexed hereto as Appendix 2.

With the exception of the Commercial Management Agreement, this Agreement contains the entire agreement between each of the Members and the Manager with respect to the subject matter hereof.

For the avoidance of doubt, the Commercial Manager is not entitled to any compensation in respect of any termination of the Commercial Management Agreement.

Should there be any inconsistencies or contradictions between terms of this Agreement and any of the Technical Management Agreements and/or the Commercial Management Agreement, the provisions of this Agreement shall prevail.


More Definitions of Commercial Management Agreement

Commercial Management Agreement means, in relation to a Ship, the form of agreement entered into between the relevant Owner Guarantor and the Approved Commercial Manager regarding the commercial management of that Ship in agreed form.
Commercial Management Agreement means, in relation to a Ship, the agreement entered into between the Borrower owning that Ship and the Approved Commercial Manager of that Ship regarding the commercial management of that Ship.
Commercial Management Agreement means any agreement made or to be made between the relevant Obligor and a Commercial Manager (other than the Obligors) for the commercial management of the Obligor(s) and the Vessels (including, but not limited to, the appointment of the Commercial Manager).
Commercial Management Agreement means the agreement made or (as the context may require) to be made between the Charterer and the Commercial Manager in a form previously approved in writing by the Agent providing (inter alia) for the Commercial Manager to commercially manage the Ship;
Commercial Management Agreement means the agreement dated 30th December 2015 made between (1) the Members and (2) the Manager, annexed hereto in an agreed form in Schedule 2, providing for the provision of commercial management, marketing and other operational services by the Manager to the Members in connection with the Business and Activity of the Manager, subject to and upon the terms and conditions therein contained;
Commercial Management Agreement means the Commercial Management Agreement for the Vessel between Borrower and Phoenix Bulk Carriers (BVI) Limited dated February 11, 2011.
Commercial Management Agreement means the Commercial Management Agreement for the Vessel between Borrower and Phoenix US dated as of February 12, 2013.